Türkiye has recently implemented significant changes to its work permit regulations, effective from October 1, 2024. These updates aim to streamline processes, foster foreign investment, and maintain a harmonious balance between local and foreign talent.
Key Changes to Employment Criteria
- Turkish-to-Foreign Worker Ratio: Employers are required to employ five Turkish citizens for every foreign worker. However, now, companies with net annual sales exceeding 50 million TL are exempted from this ratio for up to five foreign hires.
- Sector-Based Exemptions: Certain industries, such as technology, healthcare, and public projects, have been granted more flexibility in hiring foreign talent, allowing them to deviate from the strict employment ratio.
Updated Financial Requirements
- Capital Thresholds for New Companies: Newly established companies must now demonstrate a paid-in capital of 500,000 TL (up from 100,000 TL).
- Existing Companies: To hire foreign staff, companies must meet one of the following criteria:some text
- Paid-in capital of at least 500,000 TL
- Annual net sales of 8 million TL
- Exports totaling at least 150,000 USD from the previous year
A transition period is in place, with the new financial criteria fully taking effect on January 1, 2025. Until then, the old thresholds will apply.
Revised Salary Requirements
- Salary thresholds for various roles are now based on multiples of Türkiye's minimum wage:
- Executives and Pilots: 5x the minimum wage (previously 6.5x)
- Engineers and Architects: 4x the minimum wage
- Mid-Level Managers: 3x the minimum wage (unchanged)
- Specialists and Skilled Workers: 2x the minimum wage (previously 3x)
- Household Workers: Minimum wage requirement remains unchanged
Expanded Exemptions
- Long-Term Residents: Foreigners with at least three years of continuous residence can bypass certain financial and employment criteria for hiring.
- International Protection Applicants: Employers hiring individuals under international protection or asylum status benefit from additional flexibility.
Application Process and Visa Requirements
Foreign workers must apply for a work visa at a Turkish consulate before travelling to Türkiye and finalizing the process with their employer. For those already residing in Türkiye with a valid residence permit, the application process is simplified through an online system.
Conclusion
Türkiye's 2024 work permit updates reflect its commitment to balancing foreign investment with local employment opportunities. While the financial and employment criteria have become more stringent, exemptions are provided for key industries and long-term residents. Companies and individuals seeking to work in Türkiye must familiarize themselves with these new regulations to ensure a smooth application process.