Both offer residency through property but at different price points. Turkey's $400K golden visa competes with Greece's tiered system (€800K Athens, €400K other regions, €250K conversions only). Turkey: 0% CGT on BIST after 1yr; Greece: 15% CGT (suspended through 2026). Here's the full breakdown.

Disclaimer: Tax rates, investment rules, and visa programs change frequently. The data below is for informational purposes only — always verify with official sources and consult qualified professionals. Read full disclaimer

Investment Overview

Metric	🇹🇷 Turkey	🇬🇷 Greece
Capital Gains Tax	0% on BIST after 1yr	15%
Property Access	Foreigners OK	Foreigners OK
Investment Visa	$400,000 property	None specific
Monthly Budget	from $1,200	from €1,400
Crypto Regulation	Evolving	Evolving

Capital Gains Tax

🇹🇷 Turkey

0% on BIST after 1yr

Capital Gains Tax

🇬🇷 Greece

15%

Capital Gains Tax

Turkey has the tax advantage with 0% on BIST after 1yr capital gains tax vs 15%. Your effective rate may differ based on holding periods, asset type, and treaty benefits.

Property Investment

🇹🇷 Turkey

Foreigners OK

🇬🇷 Greece

Foreigners OK

Freehold ownership

Investment Visa Programs

🇹🇷 Turkey

$400,000 property

Investment-linked residency available

🇬🇷 Greece

None specific

Key Investment Insights

🇹🇷 Turkey

Capital gains tax rate: 0% on BIST after 1yr — plan your strategy around holding periods and available exemptions
Foreigners can buy freehold property with same rights as citizens
Interactive Brokers: most widely used by expats globally — accepts 200+ countries, access to 150+ markets
Capital gains: 0% on BIST after 1yr — favorable for capital appreciation strategies

Full investing guide

🇬🇷 Greece

Capital gains tax: 15% — relatively competitive compared to high-tax Western countries
Golden Visa (since Aug 2024): Tier 1 €800K (Athens/Thessaloniki/Mykonos/Santorini), Tier 2 €400K (rest of Greece), €250K (conversions/historic). Min 120sqm. Airbnb banned on GV properties.
Local stock exchange: Athens Exchange — access to domestic equities, bonds, and ETFs
Capital gains tax: 15%

Full investing guide

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Turkey vs Greece Investing — FAQ

Which has lower capital gains tax — Turkey or Greece?

Turkey has lower capital gains tax at 0% on BIST after 1yr, compared to 15% in Greece. Consider holding periods and treaty benefits that may further reduce your effective rate.

Can foreigners buy property in Turkey and Greece?

In Turkey, property access for foreigners is: Foreigners OK (standard terms). In Greece: Foreigners OK (Freehold ownership). Always use a local lawyer for property transactions.

Does Turkey or Greece have a golden visa program?

Turkey: $400,000 property. Greece: None specific. Golden visa programs can change frequently — verify current requirements before committing capital.

Which is cheaper for expats — Turkey or Greece?

Turkey is more affordable with an estimated monthly budget of from $1,200, compared to from €1,400 in Greece.

Which is better for crypto investors — Turkey or Greece?

Crypto regulation in Turkey: Evolving. In Greece: Evolving. Capital gains tax (which typically applies to crypto) is 0% on BIST after 1yr in Turkey and 15% in Greece. Crypto-specific rules are evolving rapidly in both jurisdictions.

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🇹🇷 Turkey Investing Guide 🇬🇷 Greece Investing Guide All comparisons