The price for touring overseas, which Turkish residents pay, is elevated from 150 to 500 Turkish lira (about 14 euros). The Ordinance was revealed within the difficulty of the Turkish State Gazette (Resmi Gazete) dated August 2, 2024.
The price for going overseas is a sort of tax that have to be paid by each Turkish citizen over the age of seven when going overseas.
Inflation in Turkey, which was 71.6 p.c in June, as soon as once more hit the pockets of Turkish residents. In comparison with 2022, the price for going overseas has risen by 233 p.c, in accordance with the newspaper “Birgun”. This can put a heavy burden on households’ budgets after they journey overseas with youngsters over 7 years previous.
The price for going overseas within the quantity of the then 100 {dollars} was launched in 1963 by a call of the Council of Ministers and utilized till 1996, when it was abolished. In 2001, it started to be utilized once more, and its quantity was 50 {dollars}. Since 2007, it has been 15 kilos. After 12 years of implementation, in 2019 the quantity of the price was elevated to 50 Turkish lira.
In March 2022, by decree of President Recep Tayyip Erdogan, the price was elevated to 150 Turkish lira.
The most recent enhance was proposed by Treasury and Finance Minister Mehmet Simsek. In keeping with media reviews, the proposal was to make the price 3,000 Turkish lira (about $90 or 83.50 euros), however that proposal sparked sturdy protests, together with among the many ruling Justice and Growth Social gathering, and was dropped.
In keeping with official information, the income from charges for going overseas in 2023 was 1 billion 311 million Turkish lira. From the start of this 12 months to the month of April, the income from the price is within the quantity of 427 million Turkish lira.
Fifteen Turkish liras of the price are paid to TOKI – the State Company for Housing Development.
Turkish residents holding twin citizenship are exempt from paying the price.
The applying of the brand new regulation entered into pressure on August 12 of this 12 months.
Illustrative Photograph by Enes Akdoğan: https://www.pexels.com/photograph/a-black-and-white-photo-of-money-in-a-glass-jar-28184340/
