Turkey: Fund Management/ REITs

The Capital Markets Board of Türkiye has introduced comprehensive regulatory reforms affecting hedge funds and portfolio management companies, implementing new investment diversification requirements, graduated ownership caps based on free-float ratios, enhanced capital adequacy standards, and stricter personnel qualifications. These changes, effective from August 2026, establish tiered compliance deadlines and fundamentally reshape the operational framework for Turkish portfolio managers.

The Capital Markets Board of Turkey has introduced comprehensive changes to investment fund regulations, establishing new concentration limits, diversification requirements, and capital adequacy standards for portfolio management companies managing hedge funds. These reforms impose graduated restrictions on investments in publicly traded issuers based on their free float ratios and introduce mandatory personnel requirements for fund managers.

Foreign investors seeking Turkish citizenship through investment funds can qualify by purchasing at least USD 500,000 in participation units of eligible Real Estate or Venture Capital Investment Funds and maintaining the investment for three years. This route offers professionally managed exposure to Turkish real estate or venture investments while satisfying citizenship requirements, with returns dependent on fund performance and portfolio strategy.

Daha önce Hazine Müsteşarlığı ("Müsteşarlık") tarafından girişim sermayesi yatırım fonlarına Müsteşarlık'ın bütçesinden kaynak aktarılmasına ilişkin Girişim Sermayesi Fonlarına Kaynak...

Previously, the Undersecretariat of the Treasury ("Undersecretariat") had issued the Resolution on Resource Allocations to Venture Capital Funds ("Resolution")...

The Regulation on Participation in Venture Capital Funds and Venture Capital Practices ("Regulation") was published in the Official Gazette dated 28.11.2025 and numbered 33091 and entered into force on the date of its publication.

On July 17, 2024, Turkey's Capital Markets Board (CMB) introduced significant amendments to the Communiqué on Principles Regarding Real Estate Investment Funds...

The acquisition of Turkish citizenship by foreigners by investing a certain amount was first brought with the Council of Ministers Decision dated 12.12.2016 and numbered 2016/9601.

With the Communiqué Amending the Communique on Real Estate Investment Funds (III-52.3) ("Communiqué") published in the Official Gazette dated July 17, 2024 and numbered 32604...