Turkey Law No. 7582, passed in May 2026, introduced two changes that matter for foreign investors.
First: New tax residents who have not been Turkish tax residents in the previous three years can exempt their foreign-source income from Turkish income tax for 20 years. Foreign pensions, dividends, interest, rental income, capital gains — all exempt. No declaration required.
Second: A one-time asset repatriation amnesty lets you declare assets held abroad without penalty, running until July 31, 2027. Inheritance tax reduced to 1%.
Combined with the citizenship-by-investment program ($400K real estate, 3-year hold), this makes Turkey one of the most aggressive tax-optimization jurisdictions available to Chinese HNWIs in 2026.
Sources: Turkish Official Gazette, Law No. 7582, Turkish Minute reporting.
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