What Assets You Can Declare Under Asset Peace

Two families of eligible assets

Türkiye's 2026 Asset Peace regime (Varlık Barışı) draws its scope broadly, but it helps to see the eligible assets as two distinct families. The first is assets held abroad — money, gold, foreign currency, and securities and other capital market instruments sitting outside Türkiye. The second is unrecorded domestic assets — value that already exists inside Türkiye but has never made it into your statutory books. Both can be brought into the light under Geçici Madde 19 of the Corporate Tax Law, but the two families follow slightly different paths, and the foreign one comes with a firm transfer deadline.

Understanding which family your assets fall into is the first practical step, because it determines what you actually have to do after declaring — physically move funds into Türkiye, or simply enter existing domestic value onto the books.

Foreign-held assets you can declare

The foreign side of the regime covers the liquid and investable wealth that Turkish residents and companies commonly hold offshore. Specifically, the following categories held abroad are in scope:

The common thread is that these are financial assets — cash-like holdings and investable instruments — rather than, say, foreign real estate or operating businesses. If your offshore wealth sits in one of these forms, it is a candidate for declaration, and, if you are prepared to keep it in a qualifying Turkish vehicle afterwards, for the reduced rates explained in our guide on reaching a 0% rate.

Unrecorded domestic assets

The second family is easy to overlook. The regime also reaches assets that already exist inside Türkiye but are not recorded in your statutory books — value that is economically real but legally invisible. For a company, that might be assets or holdings that were never entered into the accounts; the point of declaring them is to formalise their status and bring them onto the books cleanly.

Because these assets are already in the country, they do not trigger the cross-border transfer requirement that applies to the foreign family. The declaration is about recording them, not relocating them. That distinction matters for planning: a domestic declaration is largely a bookkeeping and compliance exercise, whereas a foreign declaration also involves moving money.

The two-month transfer-in requirement

This is the rule most likely to catch out anyone declaring offshore wealth. For foreign assets, declaring is not enough — the assets must be transferred to Türkiye within two months of the declaration date. The clock runs from the declaration, so the transfer has to be planned alongside it rather than left as an afterthought.

Miss the two-month window and you undermine the very benefit you declared for. In practice, the transfer logistics — moving balances, converting or reallocating holdings, and lining them up with a qualifying instrument if you are chasing a lower rate — should be arranged before you lodge the declaration, not after.