The latest report by BestBrokers.com ranked Turkey second to last in global housing affordability, revealing that an average family needs 631 months of salary—approximately 52.5 years—to afford a house. This ranking places Turkey just above Nepal, which is the least affordable at 684 months. In contrast, South Africa leads as the most affordable country, requiring only 71 months of salary for a...
Investing in real estate and earning rental income is a common way to generate passive income in Turkey, but property owners must be aware of the tax obligations. The Turkish tax system allows for a residential rental income tax exemption, which for 2025 is set at 47,000 TL. This means if your annual residential rental income is below this threshold, you are not required to file a tax return or pay tax on...
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