Money & Banking
Bank accounts, tax numbers, cards, transfers.
Written by the Smileys team, not professional advice. These guides explain how things work in practice; they are not legal, immigration, tax or medical advice, and rules and fees change. Where a guide links official sources, those set the current requirements.
20-Year Tax Exemption in Turkey: Who Really Qualifies
Turkey's new 20-year tax exemption on foreign income explained: who qualifies, what's covered, why remote work usually isn't, and how to apply.
Links official sources Last reviewed 2 November 2026
Getting a Turkish Tax Number as a Foreigner (Vergi Kimlik Numarası)
Why you need a Turkish tax number, how to apply for one online with your passport, and why you won't need one once you have a foreign ID number (YKN).
Links official sources Last reviewed 23 October 2026
Opening a Turkish bank account as a foreigner
You can open a Turkish bank account as a foreigner, but the required documents depend on whether you’re a resident or a visitor. Residents usually open with their residence permit and Foreigner Identification Number (YKN); some banks also take non-residents with a passport, a tax number and proof of address. Requirements differ by bank and branch, so check the bank's own list and, if you're refused, ask what was missing.
Links official sources Last reviewed 17 October 2026