Financial

The latest report by BestBrokers.com has revealed the ranking of the most affordable countries to buy a home worldwide. According to the report, Turkey is ranked second to last in terms of housing affordability. How Long Does It Take to Buy a Home in Turkey? In Turkey, an average family needs to save 631 months' worth of salary, which equates to approximately 52.5 years, to afford a house. This places...

Investing in real estate and earning rental income is a common way to generate passive income in Turkey. However, many property owners may not be fully aware of the tax obligations associated with rental income. The Turkish tax system allows for an exemption on rental income up to a certain threshold, helping landlords reduce their tax burden. What Is the Rental Income Tax Exemption? The rental income...