Foreigners’ Acquisition Of Immovable Properties In Turkey

Foreigners’ Acquisition Of Immovable Properties In Turkey

Under the provisions of the Land Registry Law No. 2644 (the ¨Law¨1), acquisition of an immovable property in Turkey is possible for foreign real persons and entities; however, there are also certain restrictions. This informative note aims to provide the process of...
Exceptional Acquisition of Turkish Citizenship

Exceptional Acquisition of Turkish Citizenship

Pursuant to the Regulation on the Implementation of Turkish Citizenship Law (“Regulation“) published in the Official Gazette dated 6 April 2010 and numbered 27544, in the event of exceptional circumstances, foreigners who fulfill certain criteria will be...
Exceptions Relating to Restrictions Previously Imposed

Exceptions Relating to Restrictions Previously Imposed

Ministry of Finance and Treasury (“Ministry“) published a communiqué[1] (“Communiqué“) amending Article 8 of Communiqué No: 2008/32-34, which regulates matters left to the Ministry’s discretion by Decree No: 32 on Protection of the Value...
Negative Clearance And Exemption Under Turkish Competition Law

Negative Clearance And Exemption Under Turkish Competition Law

A guide to the assessment of negative clearance and exemption under Turkish Competition Law. What are the applicable provisions governing negative clearance and exemptions? Article 4 of Law No: 4054 on the Protection of Competition (“Law”) prohibits...