UNDERSTANDING REAL ESTATE INVESTMENT FUNDS IN TURKEY

Understanding Real Estate Investment Funds in Turkey

UNDERSTANDING REAL ESTATE INVESTMENT FUNDS IN TURKEY Real Estate Investment Funds (REIF) have been introduced to Turkish Law first by the Article 49 of the Capital Markets Law numbered 6362,...

Turkish Residence Permit (Updated 2023) (also known as TRP, TRC, Turkish Residence Card, Turkish Touristic Permit or Turkish Red Card)   What is Turkish Residence Permit? Turkish residence permit allows...

Turkey’s New Regulation on Expert Reports on Real Estates Turkey’s real estates market is shaken by a new regulation that came into effect in August 2021. Since March 2019, foreign...

How to Invest Bitcoin in Turkey’s Real Estate Market As Bitcoin surges, it becomes more and more mainstream, leading the way to property transactions via Bitcoin. With the world’s biggest...

Punitive Indemnity in Anglo American Law The compensation logic in Continental European law is based on the principles of offsetting and proportionality to the damage incurred. We see that the...

Liability Insurance in The Turkish Commercial Code NO 6102 In the Turkish Commercial Code numbered 6102, liability insurances are specially regulated under the said section there are general provisions regarding...

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...

Foreign National’s Inheritance Law of Estate in Turkey Under Turkish Inheritance Law, a foreign national who is the next of kin of a deceased person is the legal heir and...

ESCROW Agreements in Turkeyand Escrow in Turkish Law What is an Escrow Agreement? An escrow agreement stipulates that a neutral third party (the escrow agent) safekeeps specific funds or assets...

Applying for Turkish Citizenship There are multiple ways to applying for Turkish citizenship.  1) CBI Program The most convenient and the most common way for applying for Turkish citizenship is...

How to Properly Applying for Turkish Citizenship Most Commonly-Made Mistakes When Applying For Turkish Citizenship By Investment Foreign nationals often make costly mistakes when applying for Turkish citizenship without consulting...

Ways to Apply For Turkish Citizenship 1) Applying for Turkish Citizenship by Birth Turkish citizenship can be obtained by birth or afterward. Birth citizenship can be obtained automatically through pedigree...

How to Get Married in Turkey How Can Foreigners Get Married In Turkey And What Are The Required Documents to Get Married In Turkey? Getting married in Turkey can be...

Bad Real Estate Deals: How to Recover Losses? One of the most common legal disputes that foreign nationals face in Turkey is a bad real estate deal. These disputes consist...

Doctor’s Liability in Plastic Surgeries Under Turkish Law Under Turkish law, doctor’s liability against the patient is divided into two as doctor’s legal liability and criminal liability. Legal liability refers...

Fraud Under Turkish Law (Part 1/2) In Turkish law, the crime of fraud is defined as deceiving someone through deceptive acts and profiting from these acts at the expense of the deceived or of...

Turkey’s New Data Privacy Law and Compliance of Companies Personal Data Protection Law (KVKK), the Turkish counterpart of the European General Data Protection Regulation, passed in 2016 but came into...

Writing and Preserving Wills of Foreigners in Turkey For foreign nationals who have assets or funds in Turkey, writing wills and preserving their estates is a common issue. The most...

State Incentives for Foreign Investors in Turkey Disclaimer: The information provided in this article is general, incomplete and does not constitute financial, tax or legal advice. I. OVERVIEW Over the...

Filing Lawsuit and Claiming Compensation under Turkish Law (Part 2/2) Unjustified enrichment means that one party, through its assets or effort, increases another party’s assets (or decreases it debts) on...

INCOTERMS 2020 Have Been Announced INCOTERMS, an acronym which stands for international commercial terms, are standard terms published and trademarked by International Chamber of Commerce (ICC), for and used in international...

Carrier’s Legal Liability Under Shipping Law In shipping law, a carrier is legally liable for the loss, damage and delay of the cargo. The shipping law provisions of the Turkish...

10 Most FAQ on Turkish Residence Permit 1) Who Can Apply for Turkish Residence Permit? All foreign nationals who travel to Turkey on a tourist visa and wish to reside...

5 MOST FREQUENTLY-ASKED QUESTIONS ON HOW TO BUY REAL ESTATE IN TURKEY 1) How to Legally Buy Real Estate in Turkey? In Turkish law, real estate purchase contracts can only...

10 Major Differences Between Limited Liability Companies and Joint-Stock Companies In Turkish corporate law, the two most-commonly seen commercial legal entities are limited liability companies and joint-stock companies. For foreign...

OBTAINING TURKISH CITIZENSHIP BY BUYING A HOUSE WORTH 400,000 USD 106th Turkish Presidential Order dated 18 September 2018 has introduced new and important changes to the Regulation on the Application...

TURKISH RESIDENCE PERMIT AND TEMPORARY RESIDENCE PERMIT IN TURKEY Law on Foreigners and International Protection dated 2013 regulated and introduced many rights for foreigners in Turkey and potential immigrants. One...

  Real Estate Purchase and Sale and Mortgage in Turkish Law The conditions required for the legal transfer of real estate in Turkish Law are as follows: Registration in the...

New Developments on Foreign Investments into Turkey Turkey is world’s one of the rapidly-growing economies with its foreign trade capacity exceeding 391 billion USD annually. Turkey’s leading trade partner is...