The cost of living in Turkey compared to the UK is much lower. Living in Turkey costs 43 percent less than in the UK without rent and with rent that goes up to 48 percent.
In fact, according to Numbeo, Turkey's cost of living is approximately 45% lower than that of the UK, making it an attractive destination for those looking to maximise their investments while enjoying a high quality of life.
While both countries maintain relatively stable environments, Turkey's lower cost of living may offset potential concerns for some investors. Conversely, the UK's robust infrastructure and renowned institutions can appeal to those prioritising security and stability.
Before moving to Turkey, you're likely to have lots of costs to cover. Some of these, such as real estate costs, visa application fees and rental deposits, will need to cross borders and can get expensive because of the transfer fees and exchange rate markups.
Turkey offers a range of benefits to foreign retirees, including a low cost of living, affordable healthcare, and a relaxed lifestyle. Retiring in Turkey also offers a high quality of life. The country has a rich cultural heritage and offers plenty of activities for retirees to enjoy.
Job scarcity. One of the main challenges for many people living in Turkey is the inability to work without a work permit, which can be difficult to obtain. ...
Language barriers. Citizens of Turkey speak the Turkish language. ...
Since Turkey does not offer a dedicated retirement visa, foreign nationals must first secure a temporary residence permit. Depending on their nationality, they may also need to obtain an entry visa.
Yes, many people in Turkey do speak English, especially in urban areas and tourist destinations and among younger generations. In larger cities like Istanbul, Ankara, and Izmir, you'll find English spoken in hotels, restaurants, and shops that cater to tourists.
The Cost of Health Insurance in Turkey for Foreigners
These fees are split with their employer, with employees paying 5% and employers paying 7.5%. Foreigners who are not working in Turkey and choose to opt into the universal health insurance plan, pay a rate of 24% of the national gross minimum wage.
All Indian passport holders shall be required to have an electronic visa (e-visa) or a sticker visa issued by a Turkish diplomatic or consular mission abroad in order to be able to enter into Turkey.
Turkish hospitals and clinics are equipped with state-of-the-art facilities, attracting skilled professionals from around the world. Although the UK's NHS is highly regarded globally, Turkey's healthcare sector demonstrates an impressive commitment to innovation and excellence that rivals its British counterpart.
One popular region, Fethiye, includes areas like Oludeniz, Hisaronu, Ovacik, and Çalış. Fethiye, well-loved for the stunning coastline, relaxed lifestyle, and affordability, has well-established British expat communities, with many businesses employing English-speaking staff.
As of 2023, 87.6% of Turkey's native speakers communicate in Turkish, the country's official language. The rest of the country speaks over 70 other languages, including Kurdiah, Arabic, Zazaki, Circassian, Armenian, and English.
Average monthly salary ranges in Turkey from 8,506 TRY (452 USD), the lowest average, to 357,705 TRY (18,800 USD), the highest average. Actual amounts for a person's highest salary can be greater than the highest average pay, while the minimum salary can be less than the lowest average pay.
If you want to stay in Turkey for more than 90 days, you must get a short-term residence permit before the end of your stay. If you hold a different type of British nationality, such as British National (Overseas), check visa requirements with the Turkish Embassy or Consulate General before you travel.
The poll showed that many Britons are attracted to Turkey because of its unique cultural aspects, as well as its favourable climate, cheaper standards of living, the social circles and less pressure in daily life.
Can I lose my British citizenship if I live abroad?
British citizens can stay outside of the UK for as long as they wish without worrying about it affecting their citizenship status. This is because British citizens are under no obligation to live in, or even visit, the UK in order to retain their citizenship and their UK passport.
What is the easiest country for Brits to retire to?
In particular, Hoxton found that Ireland is the easiest European country for UK pensioners to move to when they retire, thanks to its Common Travel Area agreement with the UK which means British nationals can live, work, retire, and access public services in Ireland without restriction.
With Turkey suffering through an economic crisis and major earthquakes in early 2023, Erdogan and the AKP were challenged in presidential and parliamentary elections held that May by a grouping of diverse opposition parties, led by the Republican People's Party (CHP). Erdogan and the AKP-led coalition prevailed.
Is moving to Turkey a good idea? It depends on what you want to get out of the experience. If you're looking to take in a new culture, explore historic areas, enjoy the thriving big cities, and have access to fantastic healthcare and education, then moving to Turkey is a great idea.
Financial proof: Last 3 months' salary slips with letterhead, signature, seal/stamp. Last six months' personal bank statement (original or copies attested by bank) with minimum one lakh balance per person.
The Schengen Area includes 29 countries in Europe where you can travel freely without border controls. However, several popular European destinations like the UK, Ireland, and Turkey are outside this zone and have their own border controls and visa requirements.
Why is Turkey visa so expensive? The cost of a Turkey visa reflects various factors, including processing fees, administrative expenses, and the validity period of the visa. Prices may also fluctuate based on embassy guidelines and currency exchange rates.
