Why Turkish citizens choose Portugal
Immigration to Portugal offers investors and entrepreneurs from Turkey many different opportunities and prospects. Residents who remain in the country for at least 183 days a year and have Portuguese apartments are exempt from paying tax on income earned abroad. Real estate in tourist cities of Portugal, such as the Algarve, Lisbon or Porto, can be profitably rented out, receiving up to 10% per annum.
The country’s banking system fully complies with European standards, offering secure deposits and access to mortgage loans with favorable rates. In addition, Portugal offers comfortable living conditions – it has a mild climate, a wide range of recreational facilities, cultural diversity and social security.