Türkiye is becoming more relevant to internationally mobile families, but it should not be evaluated only through the lens of tax.
A serious review should ask whether Türkiye fits the family’s structure, capital, lifestyle and long-term plans.
Start with the family
The first question is not “what is the tax rate?”
The first question is whether the family can live well, educate children, access healthcare, travel efficiently and maintain continuity across generations.
For many principals, the family dimension determines whether a jurisdiction is realistic.
Review the asset base
International families often hold capital across multiple accounts, custodians, entities and jurisdictions.
Before a move is considered, advisors should understand where capital is held, where income arises, where reporting obligations exist and how decisions are managed.
Assess banking and custody
A residency decision may affect banking relationships and custody arrangements.
Families should evaluate which institutions they want to maintain, which relationships may need to be added and whether Türkiye can support the family’s capital and liquidity needs.
Understand personal presence
Tax residency is not only a matter of intention. Physical presence, family presence, property use and business ties may all matter.
The review must consider how the family actually plans to live.
Consider lifestyle seriously
Lifestyle is not superficial. It determines whether a structure is sustainable.
Schools, housing, healthcare, domestic staff, culture, travel access and daily comfort can decide whether a family remains in a jurisdiction over time.