Right to Free Enterprise for Citizens from Turkic Countries: What Will Change in Turkey and How It Will Affect the Property Market
Turkey has taken a significant step in its relations with Turkic countries.
The decree allows citizens of Kazakhstan, Azerbaijan, Uzbekistan, Kyrgyzstan, and Turkmenistan to officially work, start businesses, and be employed in Turkey without the need for citizenship or an additional work permit.
This decision is part of a broader strategy to strengthen economic and cultural ties within the Turkic world. It aims to create a unified space where professionals, entrepreneurs, and investors can freely realise themselves.
What Has Changed Legally
The decree is based on amendments to Law No. 2527 "On the Free Exercise of Professional Activities by Foreigners of Turkic Origin".
People speaking Turkic languages are permitted to:
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work in various organisations (both private and public);
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establish enterprises and become co-owners of companies;
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join professional associations alongside Turkish citizens.
The main requirement is the possession of a residence permit and verified qualification levels.
Impact on the Economy and Property Market
Analysts predict that the changes will particularly benefit sectors like:
- construction,
- tourism,
- IT and technology,
- service industry.
Simultaneously, a surge in demand for housing and commercial properties is expected, as more people from Turkic countries view Turkey as a new place for living and business.
The greatest interest is anticipated in:
- coastal regions (Antalya, Alanya, Mersin);
- major cities (Istanbul, Ankara);
- university centres with developed infrastructure.
Why This Matters for the Property Market
Anyone relocating to Turkey for work or business needs accommodation — whether it's purchase or rental.
Real estate agencies are already noting increased activity among buyers from Azerbaijan and Kazakhstan, who view Turkey not as a temporary place, but as a new home and a profitable investment direction.
The highest demand is observed in:
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Flats in modern residential complexes with amenities (swimming pools, security, gyms);
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Commercial spaces for small and medium-sized enterprises;
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Apartments for long-term rent.
Potential Risks and Expert Opinions
Some specialists highlight the other side of the reform:
an increased influx of migrants might result in job market competition, rising rental prices, and pressure on the housing market.
There might also be challenges in recognising qualifications and adapting specialists to Turkish professional standards.
Nonetheless, the majority of experts are confident that in the long term, this decision will turn Turkey into a key centre of the Turkic world, where culture, business and investments converge.
Conclusion
The new regulation presents a real opportunity for those residing in the countries that are part of the Turkic Council, to start a new life, build a career, and develop their business in Turkey.
For the real estate market, it is a signal for further increased demand for housing and commercial spaces.
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