Turkey prepares tax overhaul for foreign investors—Fethiye poised to benefit most

The Ankara government has submitted a package of proposals to parliament that could fundamentally reshape the country's appeal to foreign investors. At the centre are a new amnesty programme for foreign assets with tax rates as low as 0%, tax incentives for export companies, exemption from taxation on foreign income for those relocating to Turkey, and expanded preferences for businesses in the Istanbul Financial Centre.

If the proposals pass, they could attract a wave of remote workers, entrepreneurs and high-net-worth individuals seeking a tax-efficient base. Fethiye is already a popular destination among British, European and Middle Eastern buyers. The region offers competitive pricing relative to European equivalents, developed infrastructure, a marina and a strong expatriate community.

Add to this the existing citizenship-by-investment programme, which requires a property purchase of $400,000 with a three-year holding period, and the picture becomes clear. The new tax incentives could transform Fethiye into a magnet for retirees, short-term rental investors and families seeking a Mediterranean lifestyle.

While the proposals are under parliamentary review, the market is already stirring.

Source: Angel Homes Blog