Turkey’s New Regulation on Expert Reports on Real Estate Turkey’s real estate market is shaken by a new regulation that came into effect in August 2021. Since March 2019, foreign
How to Convert Bitcoin to Real Estate in Turkey As Bitcoin surges, it becomes more and more mainstream, leading the way to property transactions via Bitcoin. With the world’s biggest
Punitive Damages 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
Turkish Cash Repatriation Law 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
Foreign National’s Inheritance of Estate in Turkey Under Turkish law, foreign nationals are granted the same civil rights as Turkish citizens. This rule of law applies to the heritage law
ESCROW Agreements in Turkey When two parties enter into a contract but neither party wishes to perform their obligation before the other party, this is when an escrow comes into
How to Properly Apply 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
Other Ways to Apply For Turkish Citizenship 1) Appliying for Turkish Citizenship by Birth Turkish citizenship can be obtained by birth or afterwards. Birth citizenship can be obtained automatically through
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 Under 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
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 wills in Turkey & Preserving the Estates of Foreigners in Turkey For foreign nationals who have assets or funds in Turkey, writing wills and preserving their estates is a
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
UNJUSTIFIED ENRICHMENT AND CLAIMING COMPENSATION (REIMBURSEMENT OF PAYMENTS) UNDER TURKISH LAW Unjustified enrichment means that one party, through its assets or effort, increases another party’s assets (or decreases it debts)
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 F.A.Q. on Turkish Citizenship by Investment 1) What is the new Turkish Citizenship by Investment Law? As per the 106th Turkish Presidential Order dated 18 September 2018,
10 Most Frequently Asked Questions 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
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
WHICH TYPE OF COMPANY TO INCORPORATE IN TURKEY? 10 Major Differences Between Limited Liability Companies and Joint-Stock Companies In Turkish corporate law, the two most-commonly seen commercial legal entities are
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
Buying, Selling and Mortgaging Real Estate in Turkish Law In Turkish Law, the conditions required for a legal transfer of real estate are Registration in the land registry, and A
NEW DEVELOPMENTS ON FOREIGN INVESTMENTS INTO TURKEY AND ANTALYA Turkey is world’s one of the rapidly-growing economies with its foreign trade capacity exceeding 391 billion USD annually. Turkey’s leading trade