So while we were all busy losing money on options, Erdogan quietly announced what might be the most aggressive tax holiday in modern history.
The deal: if you haven't been a Turkish tax resident for the past 3 years and you move there, you pay 0% Turkish tax on ALL foreign income and capital gains for 20 years. Twenty. Years.
Inheritance tax? 1%. Corporate tax for exporters? 25% slashed to 9%.
Dubai sitting there with their 9% corp tax like "we're the hub" meanwhile Erdogan: hold my çay.
TURKISH REITS GOOOO 🚀🚀🚀
Holding LIRA, My lira play is already mooning, look!
