Turkey Wealth & Property Tax
Detailed wealth & property tax rates and rules for Turkey in 2026.
Wealth Tax
Turkey does not impose a net wealth tax. However, a one-time earthquake tax has been levied in the past, and Turkey imposes various asset-based taxes including motor vehicle tax and property tax that function as partial wealth taxes.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Turkey imposes inheritance and gift tax at progressive rates from 1% to 30%. Inheritance tax ranges from 1% to 10% after exemptions, while gift tax ranges from 10% to 30%. Exemptions include the family home up to a certain value and transfers to a surviving spouse. The tax is applied to the net value of inherited assets above the applicable exemption threshold.
Top Rate
30%
Property Tax
Annual property tax is levied by municipalities at rates of 0.1-0.6% of the assessed tax value, depending on the type and location of property. Residential property in metropolitan municipalities is taxed at 0.2%, while commercial property is taxed at 0.4%. A luxury housing tax applies at progressive rates of 0.3-1% on residential properties with values exceeding TRY 12.88 million (2024 threshold).
How Turkey Wealth Tax compares
Turkey does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
