How to Open a Bank Account in Turkey Opening a bank account in Turkey can be a challenging task for foreign nationals and companies with majority-foreign capital. Turkish banking laws require an additional set of documents from foreign nationals and apply stricter KYC rules. Vakıfbank, Halkbank and Ziraat Bankası are the only three state-owned deposit […]
Turkey Extends the Law on Cash Repatriation until 31 December 2021 Turkish Cash Repatriation Law is a temporary law that allows individuals and companies to transfer their money, gold, foreign currency, movable property and other stocks to Turkey without any tax inspection, penalty or fine. According to the law, the applicants may move their assets from abroad to Turkey by
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