Today, “Turkish Law Related to Residence and Travels of Foreign Subjects” numbered 5683 is applicable regarding the residence permits of foreign subjects in Turkey. This law will be in force until the new Code of “Law on Foreigners and International Protection” will be in force on 11 April 2014. Detailed information regarding the residence permits,…
Companies with foreign capital and foreign real persons may purchase immovable property in Turkey, even though this possibility has certain legal limitations. Within the framework of this Article, the acquisition of immovable property by foreign real persons shall be discussed. ➢ Legal Grounds As per the Land Registry Law No. 2644 (“Land Registry Law”), it…
The issue of recognition and enforcement of foreign court judgments and arbitration awards in Turkey is one of the most vital final key points in international transactions in case the object of the transaction (i.e. the aircraft, goods, assets of debtor, marriage) is situated and the defendant or debtor having its assets and principal place…
