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Istanbul, Turkey 🇹🇷
#289 ,

Nomad Score: 67%

Essentials

🏙️ City Istanbul, the largest city in Turkey, serves as a cultural and economic hub, historically bridging Europe and Asia.
👥 Population Approximately 15 million.
💻 Internet Speed Average internet speeds are around 35-50 Mbps.
💸 Currency & Banking 1 EUR ≈ 27 TRY, 1 USD ≈ 24 TRY. Widely accepted credit cards.
🚰 Tap Water Not drinkable. It's advisable to buy bottled water.
🔌 Power 230V, 50Hz, 🔌 Type C/F sockets.
📶 SIM Card Major providers include Turkcell, Vodafone, and Türk Telekom; prepaid plans are common.
💳 Banking for Expats Banks like Yapı Kredi, Garanti, and İş Bankası accept foreign accounts.
🛌 Accommodation Options are abundant, from hotels to hostels, Airbnb, and local rentals.
💳 Cashless Friendly Yes, cards are widely accepted in major places.
🏠 Short Term Rentals Platforms like Airbnb and local real estate sites are popular.
🛏️ Budget Accommodation Hostel recommendations include Cheers Hostel in Sultanahmet.
🏙️ Best Area to Stay for Tourists Sultanahmet for historical sites, Taksim for nightlife.
🏙️ Best Area to Stay for Digital Nomads Kadıköy and Beşiktaş are popular with young expats for cafes and coworking spaces.

Working and Networking

🏢 Best Coworking Space Impact Hub, located in the bustling area of Beyoğlu.
Best Cafe for Work Coffee Department in Kadıköy offers great coffee and a cozy atmosphere.
💼 Networking Events Events organized by Meetup and various coworking spaces in the city.
🥂 Social Events for Expats Istanbul Expats Facebook group for community activities.

Transportation

🚕 Best Taxi/Ride App BiTaksi and Uber are widely used taxi apps.
🚲 Bike/Scooter Rental İstanbul's bicycle-sharing system includes stations across the city.
🏖️ Best Beach Nearby Kilyos Beach, approximately 60 minutes by car.
✈️ Top Regional Airline Pegasus Airlines offers numerous regional flights.
✈️ Top International Airline Turkish Airlines is the main carrier with global reach.
🛣️ Highway Access E-5 and TEM highways provide major connectivity.
🚉 Main Train/Transit Hub Haydarpaşa Railway Station, connecting to various regional routes.
🚍 Public Transport Passes Istanbulkart provides access to buses, trains, and ferries.
✈️ Regional Travel Buses and trains facilitate travel to nearby cities like Bursa and İzmir.

Health and Wellness

🏥 Best Hospital Acıbadem Hospitals Group is among the top private healthcare providers.
🧘 Yoga & Wellness Centers Yoga İstanbul provides classes suitable for all levels.
🏋️ Gyms & Fitness Centers Basic-Fit and MacFit chains are popular choices.
🧺 Laundry Services Lavanderia is a known chain with multiple locations.

Food and Drink

📱 Best Food Delivery App Getir and Yemeksepeti are top food delivery services.
🍽️ Best Local Dish to Try Çiğ köfte (raw meatball) is a must-try Turkish delicacy.
🍱 Vegan/Vegetarian Options Vegan Istanbul and Kalamata in Kadıköy offer great plant-based menus.
🍫 Best Dessert Spots Mendel's Bakery has a great variety of Turkish desserts.
🛒 Affordable Shopping Spots Çarşı Market in Kadıköy has a range of affordable food options.
🛒 E-commerce/Online Store Trendyol and Hepsiburada are popular local e-commerce platforms.
🛒 Grocery Delivery Migros and Carrefour offer online grocery shopping.
🍸 Bar/Nightlife Area Kadıköy and Beyoğlu are thriving nightlife districts.
🍻 Local Brewery Beer District in Beyoğlu serves local craft beers.
🍷 Wine Bars La Cave offers a carefully curated selection of wines.
🍲 Street Food Stalls Simit and döner stalls can be found throughout the city.
🍕 Popular International Cuisine Many international restaurants in the Taksim area, featuring Italian, Asian, and Mexican cuisines.

Culture and Attractions

🎟️ Must-See Landmarks The Hagia Sophia and The Blue Mosque are must-visit historical sites.
🏛️ Museums & Art Venues Istanbul Modern Art Museum exhibits local contemporary art.
🏰 Historical Sites Topkapi Palace showcases the history of the Ottoman Empire.
🕍 Religious Sites The Suleymaniye Mosque is a stunning example of Ottoman architecture.
🎉 Annual Events Istanbul Film Festival held annually in April.
🎨 Cultural Districts Balat is known for its colorful houses and artsy vibe.
🎭 Theater Venues The Istanbul State Theater puts on various performances throughout the year.
🛍️ Local Markets The Grand Bazaar and Spice Bazaar are iconic shopping destinations.
🎼 Music Scene Babylon hosts live music events across genres.
🎨 Street Art Karaköy features vibrant street art and murals.
🧑‍🍳 Cooking Classes Cooking Alaturka offers hands-on Turkish cooking classes.
👩‍🎨 Art Galleries Pera Museum showcases local and international art.
🕰️ Historic Buildings Galata Tower provides stunning views of the city skyline.
🏴 Local Heritage The city's diverse heritage reflects Byzantine, Ottoman, and modern Turkish influences.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Polonezköy, a serene retreat 30 km from the city is perfect for hiking.
🏞️ National Parks Nearby Belgrad Forest offers trails and natural beauty close to Istanbul.
🚲 Cycling/Walking Paths The Bosphorus waterfront has scenic paths for walking and cycling.
🌄 Scenic Viewpoints Pierre Loti Café provides excellent panoramic views of the Golden Horn.
🦉 Birdwatching Locations Lake Küçükçekmece is a popular spot for birdwatching.
🔥 Bonfire-Friendly Spots Poyrazköy Beach allows bonfires in designated areas.

Other Services and Amenities

📦 Parcel Delivery Service PTT and Yurtiçi Kargo offer reliable parcel services.
🛠️ Tech Repair Services Various local shops in Taksim are available for tech repairs.
🏓 Table Tennis Spots Ping Pong Club in Kadıköy hosts regular matches.
🧑‍🏫 Language Classes Dilmer Language School offers Turkish language courses for foreigners.
📚 Libraries & Study Spots The Istanbul Research Institute provides study spaces and resources.
🏘️ Community Centers İstanbul Modern actively organizes community art projects.
🕹️ Gaming Lounges Lords of the Game in Şişli offers a great gaming atmosphere.
🎰 Casino & Gaming Halls Casino oyna in Taksim provides gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. €3,000 per m² (e.g., 40 m² = €120,000).
🏢 Studio Purchase Price (Outside City) Approx. €1,800 per m² (e.g., 40 m² = €72,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,500 per m² (e.g., 60 m² = €210,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,200 per m² (e.g., 60 m² = €132,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. €4,000 per m² (e.g., 80 m² = €320,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,700 per m² (e.g., 80 m² = €216,000).
💼 Corporate Tax 23% standard corporate tax rate.
💵 Dividend Withholding Tax 15% on dividend distributions.
🏦 Tax System Residents are taxed on their worldwide income.
📈 Highest Income Tax Bracket 40% for incomes above certain thresholds.
🧾 VAT Standard VAT rate is 18%.
🌐 Controlled Foreign Company (CFC) Rules Yes, active regulations exist on CFC rules.
🏠 Property Tax Annual property tax based on property value.
🏠 Property Transaction Tax 4% standard rate on property purchases.
💻 Attractive Tax System for Digital Nomads Certain conditions allow for tax benefits for digital nomads.

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