The Business Advantages of Turkish Citizenship for Entrepreneurs
Looking into business advantages of Turkish citizenship for entrepreneurs? You are in the right place. With 15 years of experience, we share every detail you need to know.
An Iranian software developer set up a tech company in Istanbul after getting citizenship. Turkish tax rates and labor costs allow him to offer competitive pricing to European clients.
An Iranian software developer set up a tech company in Istanbul after getting citizenship. Turkish tax rates and labor costs allow him to offer competitive pricing to European clients.
| Company Type | Min. Capital | Setup Time | Notes |
|---|---|---|---|
| LLC (Limited) | 10,000 TL | 1-3 days | Most common |
| Joint Stock (A.Ş.) | 50,000 TL | 1-5 days | For larger investments |
| Sole Proprietorship | None | 1 day | Simple |
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Frequently Asked Questions
How long does the process take?
Typically 3 to 8 months. The security investigation is the most variable phase.
Are family members included?
Spouse and children under 18 are included at no additional cost.
Do I have to live in Turkey?
No. There is no residency requirement after obtaining citizenship.
When can I sell the property?
After 3 years from the title deed transfer date.
What are my tax obligations?
Income earned in Turkey is taxable. Foreign-sourced income may be exempt under certain conditions.
What happens if my application is rejected?
The property remains in your name. You can sell it after 3 years.
Is dual citizenship possible?
Turkey allows dual citizenship. Check your home country's regulations as well.
👉 Everything You Need to Know About Turkey's Golden Visa — Read our main guide.
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