Türkiye sets July 2027 deadline for asset repatriation
Türkiye’s Revenue Administration has clarified the rules for bringing overseas assets into the country under a scheme widely known as “asset peace.”
Under a general communiqué published in the Official Gazette, individuals and companies will be able to notify banks or brokerage houses in Türkiye of their overseas assets until July 31, 2027.
The arrangement covers money, gold, foreign currency, securities and other capital market instruments held abroad, as well as assets located in Türkiye but not recorded in company books.
Notifications may also be made by authorized representatives or legal representatives, according to the communiqué.
