Asset Peace Deadlines & the Surcharge Windows

The headline deadline: 31 July 2027

Timing is not a footnote in Türkiye's 2026 Asset Peace regime (Varlık Barışı) — it directly changes what you pay. The programme runs to a firm declaration deadline of 31 July 2027, after which the window closes. The President may extend that deadline by up to one year, but no one should plan around an extension that has not been granted. The safest assumption is that 31 July 2027 is the last day to declare.

Within that window, when you declare matters, because the rate is not constant across the whole period. The earlier you act, the cheaper the regime is. This article maps the three timing windows and the two other clocks — the transfer-in deadline and the payment deadline — that sit alongside them.

The three surcharge windows

The regime layers a surcharge onto declarations made later in its life. There are three timing windows, each with its own standard rate:

Read this carefully: the surcharge is added to each rate, not only the headline 5%. Base rates apply through the end of 2026. Declarations made between 1 January and 31 July 2027 carry +0.5 percentage points on every rate. And if the deadline is extended beyond 31 July 2027, a further +0.5 stacks on — a total of +1 percentage point, taking the standard rate to 6%. The message is simple: declaring in 2026 is the cheapest option available.

How the surcharge stacks on the reduced rates

Because the surcharge lifts every rate, it interacts with the holding-commitment discounts explained in our guide on reaching a 0% rate. A five-year commitment gets you to 0% at base rates in 2026 — but the same commitment made in the 1 January–31 July 2027 window carries the +0.5 point surcharge, so the floor is no longer a clean zero. The table below shows how the two moving parts combine.

So the cheapest possible outcome — a true 0% — is only available by combining the full five-year holding commitment with a declaration made in 2026. Wait until 2027 and even the maximum commitment leaves a small residual rate. If the deadline is extended, the residual is larger still.

Two other clocks: transfer-in and payment

Beyond the surcharge windows, two further deadlines govern the mechanics of a declaration:

These sit underneath the headline deadline. Even a well-timed 2026 declaration can go wrong if the two-month transfer of foreign assets is missed, so the money movement has to be sequenced with the filing. The payment step, by contrast, is handled by the intermediary — the bank or broker is the responsible party and settles the tax by the 15th of the month after collection.