How much do I need to retire in Turkey?

To be eligible for this program, you must have a net worth of at least US$250,000 . Only qualified foreigners who have lived in Turkey for eight years are eligible for the long-term resident permit. Proof that you can financially support yourself in Turkey is required when applying for a residency permit.

Family of four estimated monthly costs are 1,384$ (20,526TL) without rent. A single person estimated monthly costs are 399$ (5,922TL) without rent . Cost of living in Turkey is, on average, 53.46% lower than in United States. Rent in Turkey is, on average, 84.51% lower than in United States.

You must know that, Turkey is a much cheaper country to live in than most of the European countries . The prices of quality food, transportation, and rent are lower than in the UK, Germany, Sweden, or other developed countries in Europe.

It’s not the cheapest city to live in Turkey, but it’s one of the most dynamic ones. … Total living expenses in IstanbulAverage cost1 person, per month (without rent)₺3,174⁵4 person family, per month (without rent)₺11,118Cost of living in Turkey: Your guide – Wise, formerly TransferWise wise.com › blog › cost-of-living-in-turkey