0% TAX TO FOREIGNERS

@yas.jd

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SoundTikTok sound · original sound - yas.jd

Why it worked

The video taps into a common interest for digital nomads and potential expats: tax benefits of relocating. By comparing Turkey to the UAE, a known tax haven, it provides a clear value proposition and sparks debate.

Summary

The video discusses Turkey's new tax law offering 0% tax to foreigners who become tax residents on foreign-sourced income. However, the speaker argues that this does not rival the UAE's tax benefits because income earned within Turkey is still taxable, making it less appealing for relocation compared to the UAE's tax-free income policy.

Structure

1Introduction of Turkey's 0% tax law for foreigners
2Explanation of the tax benefits and conditions
3Comparison with the UAE's tax system
4Critique of Turkey's tax policy
5Conclusion that Turkey doesn't rival the UAE for tax benefits
6Call for audience engagement

Call to action

Let me know your thoughts in the comments

On-screen text

0% TAX TO FOREIGNERS

Original caption

Türkiye* sorry! But yeah even as a remote worker I still can’t see this working 🧐 #movingabroad #taxfree

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Transcript

is Turkey the new UAE? now that it's offering 0% tax to foreigners under the new law foreigners who relocate to Turkey and become tax residents pay 0% tax on foreign sourced income rental income, business gains, dividends, capital tax. 0% tax but only if it's sourced abroad. To me this doesn't rival the UAE at all. Like while Turkey is cheaper to live in there's more culture, more history, more green spaces. The fact that income made in Turkey is still taxable makes it not worth it. When in UAE basically all income is tax free. It's interesting, it's interesting. But I don't think that anyone is going to be relocating from the UAE to Turkey just for tax reasons anytime soon. Let me know your thoughts in the comments.