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10 October 2024

Turkiye implements new requirements for employers that sponsor foreign nationals

Effective 1 October 2024, Turkiye reduced the minimum salary requirements for foreign nationals working in certain professions. The authorities also announced new requirements for employers that seek to sponsor work permits for foreign nationals. Companies that sponsor foreign nationals to work in the following sectors may be exempt from the capital requirements and the requirement to employ a minimum number of Turkish nationals: information technology, education, aviation, health, tourism and domestic services (e.g., babysitters, caretakers). Organizations that sponsor foreign workers for roles that require expertise relating to advanced technology, public projects and investments may also benefit from exemptions.

A Tax Alert prepared by EY's People Advisory Services, and attached below, provides additional details.

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Attachment

Full text of Tax Alert

Document ID: 2024-1860

 
 

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