Citizenship Meets Capital Freedom: Unlocking Türkiye’s Unique Advantage

By Gamze Türker, In-House Lawyer, Globevisa Türkiye

As global immigration policies continue to tighten, Türkiye stands out with its highly liberal financial system and flexible citizenship options, making it an increasingly attractive choice for high-net-worth individuals seeking strategic identity and asset allocation.

We recently conducted an in-depth review of Communiqué No. 32 on the Protection of the Value of Turkish Currency, and found that Türkiye’s legal framework offers exceptional freedom for both residents and non-residents in terms of capital mobility. Below is a summary of key provisions:

Summary of the Official Gazette: “Communiqué No. 32”

1. Freedom to Transfer Foreign Currency – Article 4/e:

“Residents and non-residents in Türkiye are free to transfer foreign currency abroad through banks.”

Globevisa Lawyer's Interpretation:Anyone, regardless of residency, may freely transfer money abroad without prior approval.

2. Personal Capital Transfers – Article 14/1:

“Real persons residing in or outside of Türkiye may freely transfer funds into and out of Türkiye for personal capital movements via banks.”

Globevisa Lawyer's Interpretation:Individuals can send or receive funds across borders for investments, savings, or other personal purposes without needing permission.

3. Only Reporting Obligation – Article 4/e (continued):

“Banks must report any foreign currency transfers exceeding USD 50,000 (except for imports, exports, or invisible transactions) to the Ministry within 30 days.”

Globevisa Lawyer's Interpretation:No approval is required; only a post-transfer reporting obligation applies, ensuring transparency without control.

4. Repatriation of Investment Income – Article 12/2:

“Profits, dividends, liquidation proceeds, and similar earnings from foreign investments in Türkiye can be freely transferred abroad through banks.”

Globevisa Lawyer's Interpretation:Foreign investors may repatriate their returns without restriction.

5. Outbound Capital Transfers – Article 13/1:

“Residents in Türkiye are free to transfer capital abroad through banks for the purpose of establishing or investing in companies, branches, or commercial activities.”

Globevisa Lawyer's Interpretation:Turkish residents may freely invest or launch businesses abroad without capital restrictions.

Key Takeaways:

Türkiye does not impose capital controls.

Unlike some countries, there is no annual limit (e.g., USD 50,000 cap) on transfers.

Transfers exceeding USD 50,000 require only a report, not approval.

Both residents and non-residents can freely transfer funds into and out of Türkiye.This legal framework ensures a fully liberalized environment for foreign exchange and capital movements, positioning Türkiye as one of the most transparent and accessible markets for international investors and global citizens.

Source:  T.C. Resmî Gazete

Why Türkiye? A Rare Investment + Citizenship Program

Backed by its open legal framework, Türkiye offers a powerful platform for strategic identity and wealth planning. As a G20 nation bridging Europe and Asia, Türkiye holds a unique geographic and economic position, making it an attractive destination for global investors.

It is also one of the few remaining citizenship-by-investment (CBI) programs that combine the following features:

No donation required — Investments can yield rental income or bank interest

Three-year lock-up — Full disposal of assets after the holding period

No previous name on passport — Eligible for legal name changes

No source of funds check — Fast and efficient process

E-2 visa access to the U.S. — Enables flexible migration to the United States

There are currently seven official investment options for obtaining Turkish citizenship. The most popular among them are:

Bank Deposit Route:

Minimum USD 500,000 deposit with interest, no property handling, and principal fully refundable after 3 years.

Real Estate Route:

Minimum USD 400,000 purchase, with rental income during the holding period, plus potential capital appreciation.

Globevisa: Your Trusted Partner for Turkish Citizenship

As a leading global  service provider of Turkish CBI services, Globevisa has built the most professional and comprehensive Turkish citizenship service platform with over 20 years of industry experience.

$50M+ in high-quality property transactions closed

Nearly 2,000 applications submitted, with nearly 0 rejections

1,000+ families successfully approved

Over 30% of clients from Asia

Our Turkey office is staffed by four licensed attorneys and a professional trilingual team fluent in Turkish, English and Chinese. We partner with over ten top-tier law firms and have developed a streamlined submission process requiring only five core documents—ensuring fast, secure, and fully compliant application handling.

With a dedicated team of 20 professionals averaging over a decade of experience, and direct liaison channels with Turkish government authorities, we are able to anticipate policy changes and execute with precision and efficiency.

Globevisa has established a global presence with more than 50 offices worldwide and a portfolio of over 84 projects across 40 countries. We provide comprehensive end-to-end services, including passport usage, international bank account opening, company incorporation, property management, and asset planning—delivering true globalization with long-term support for our clients.