Is the Türkiye 20-year foreign income tax exemption currently in force?

Not yet. The Grand National Assembly accepted the bill (Esas No: 2/3669) on 21 May 2026. The law has not been transmitted to the President or published in the Resmî Gazete as of the date of this brief. Under Article 89 of the Constitution, the law is enforceable only after presidential promulgation and publication in the Official Gazette.

Who qualifies for the 20-year foreign income tax exemption in Türkiye?

Real persons who establish tax residency in Türkiye and who satisfy two preconditions: they were not considered residents of Türkiye for the three calendar years immediately preceding relocation, and they did not have full taxpayer status or general tax liability in Türkiye during that period. The exemption applies exclusively to foreign-sourced earnings.

Does the Türkiye Citizenship by Investment programme change under this legislation?

No. The CBI programme statutory framework is not amended by Law 2/3669. Turkish citizens, including those who acquired citizenship through the CBI routes, may separately establish Turkish tax residency and claim the 20-year exemption provided the three-year non-residency precondition is satisfied.

What is the Türkiye wealth amnesty rate under Geçici Madde 19?

The standard rate is 5% on declared foreign assets. Reduced rates of 0% to 4% are available subject to specified conditions including term-deposit commitments. Declared assets must be transferred to Türkiye within two months of declaration and held for two years. The declaration deadline is 31 July 2027.

What is the inheritance and gift tax rate for qualifying foreign residents in Türkiye?

1% on inheritance and gift transfers where the transferor qualifies under Mükerrer Madde 20/D and the transfer occurs during the 20-year exemption period. The rate is conditional on continued qualification under the foreign income exemption regime.

How does the Türkiye 20-year regime compare to Italy's Article 24-bis or Greece's Article 5A?

Italy under Article 24-bis TUIR imposes a flat EUR 200,000 substitute tax per year for up to 15 years. Greece under Article 5A of Law 4172/2013 imposes EUR 100,000 per year for up to 15 years with a EUR 500,000 investment commitment. The Türkiye regime, once gazetted, provides a 20-year horizon with no annual substitute tax on foreign-source income.

Can clients begin preparation work before the law is published in the Resmî Gazete?

Yes, with caveats. Pre-publication preparation can include source-country tax position analysis, existing-structure review, banking coordination for the wealth amnesty, corporate structuring decisions, and estate planning revision. Formal declarations and Turkish transfer steps must wait until the law is gazetted and implementing regulations are issued.

Cityscape – Jeddah

NTL international hit the expected number of visitors to its stand at the Cityscape Jeddah exhibition which took place from the 5th – 7th of March 2019.

NTL Company succeeded to attract clients who were interested in the citizenship program by investing. NTL international has held numerous meetings with foreign clients residing in the Kingdom and business partners interested in the second citizenship programs of the Caribbean Islands and Turkey.

In its 8th edition, Cityscape Jeddah offered a free 3-day access platform from 5-7 April 2019 at the Jeddah Center for Forums and Events. This platform was ideal for those interested in local and international real estate as well as second citizenship programs by investment.

Photos of Mr. Imad Elbitar with cooperation partners and investors interested in citizenship by investment programs:

Mr. Imad Elbitar Answering Some Questions About CBI

Albanian citizenship by investment program coming soon

The Albanian government, like its neighbours; intends to draft citizenship by investment program law for its country. Which will open new horizons for the country and foreign investors as well.

The 7 most famous tourist places in Portugal

If Portugal is your next travel destination, there are a few places we recommend you to visit.

7 recommended tourist places to visit in Portugal:

Portugal is one of the countries that have a long history and a particular geographical location, so its historical and tourist attractions have diversified, including:

Consolidating Diplomatic Relations Between Egypt and Saint Kitts and Nevis

To consolidate diplomatic relations between Egypt and Saint Kitts and Nevis, a joint statement was signed on the 22nd of last September in New York.

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Discover Germany’s culture, history, and language, with a special focus on Education in Germany, from schools and vocational training to top universities.

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Albanian citizenship by investment program coming soon

The 7 most famous tourist places in Portugal

Consolidating Diplomatic Relations Between Egypt and Saint Kitts and Nevis

Germany Guide – Part 3 / Culture & history – language & Education in Germany

Türkiye 20-Year Tax Exemption 2026: Foreign Residents Reset

Key Takeaways

Türkiye (new regime)

Italy

Greece

Portugal NHR (closed)

Türkiye Tax Reform 2026 FAQ: Eligibility, Timing, and Strategy

Is the Türkiye 20-year foreign income tax exemption currently in force?

Who qualifies for the 20-year foreign income tax exemption in Türkiye?

Does the Türkiye Citizenship by Investment programme change under this legislation?

What is the Türkiye wealth amnesty rate under Geçici Madde 19?

What is the inheritance and gift tax rate for qualifying foreign residents in Türkiye?

How does the Türkiye 20-year regime compare to Italy's Article 24-bis or Greece's Article 5A?

Can clients begin preparation work before the law is published in the Resmî Gazete?

About NTL International

Official Sources

Request Your Eligibility Assessment

Operational Element	Detail
Declaration deadline	31 July 2027 (subject to potential presidential extension; if extended, the applicable rate increases by an additional 0.5 percentage points for declarations made after that date)
Transfer window	Declared assets must be transferred to Türkiye within two months of declaration
Standard rate	5% on declared amounts
Reduced rate band	0% to 4% available subject to specified conditions, reportedly including term-deposit commitments to qualifying Turkish financial instruments
Holding requirement	Declared assets must be recorded in a special fund account on the balance sheet and held for two years; early withdrawal triggers compliance consequences
Audit immunity	No tax inspection or assessment will be conducted on amounts within the declared scope; this immunity is bounded by the declared amount and does not extend to undisclosed funds
Loss treatment	Losses on disposal of declared assets cannot be deducted for income or corporate tax purposes; tax paid on declaration cannot be expensed or offset against other taxes

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Türkiye 20-Year Tax Exemption 2026: Foreign Residents Reset