How much money can you bring abroad from Turkey?
 

Residing in Turkey & Bringing Your Items To Turkey  > How much money can you bring abroad from Turkey?

Residence visa requirements
Can you bring your household or office items to Turkey?
Can you bring your pets to Turkey?
Can you bring your car to Turkey?
Can you bring and use your mobile in Turkey?
How much money can you bring to Turkey?
How much money can you bring abroad from Turkey?
How much jewellery can you bring to Turkey or abroad?
Does your social insurance scheme cover your health expenditures in Turkey?

The Turkish legislation states that one may take up to $ 5,000 or the equivalent amount in another currency notes out of the country. Non-residents- provided that they have declared it on their arrival- and residents those present a document that they purchased foreign exchange from the banks or participation banks within the framework of the regulations of invisible transactions, may freely take abroad foreign currency of which value exceeds $ 5,000. Otherwise, they can transfer foreign exchange of which value exceeds $5,000 through banks and participation banks only.

Please note that if a person breaches the above rule and this is detected/proven by authorities (either in Turkey or abroad):

a) The money is seized and becomes a possession of the Republic of Turkey.
b) A principal penalty of YTL equivalent of the seized amount is to be charged if the money is captured by Turkish authorities.
c) If the money brought abroad had not been seized/detected by the Turkish officers, then the principal penalty is twice stated in (b). Thus, the total principal penalty may amount to up to twice the seized money.
d) Moreover, a 'late payment penalty' (the interest) is to be charged based on the above mentioned principal penalty at the interest rate mentioned by Law No. 6183, which is currently 3% per month for the duration between the time of the breach and the date when penalty will be paid.
Please note that the Undersecretariat of Treasury is in charge of all issues with regards to the foreign currency legislation in Turkey

Moreover whether the source of the money was legal/in line with the anti-money laundering rules is of great importance to the relevant authorities. In case a money laundering action had taken place, the penalties are to be much severe.