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Investment Consultancy

Investment Consultancy

Investment Consultancy Reliable, comprehensive, and strategically planned legal consultancy is essential for individuals and institutions planning to invest both in Turkey and abroad. As Uzunpınar & Tüfek International Law Firm, we provide a full-service approach covering all steps from A to Z for local and foreign investors who want to invest in Turkey. We manage every stage of the investment process, including company formation, tax incentives, location selection, and business plan preparation.Company formation and incentive applications in Turkey may involve complex processes, especially for foreign investors. Our consultancy services in company establishment, free zone advantages, and tax structuring, provided across Turkey especially in Istanbul, help our investors make the right decisions. We draw a specific roadmap for each investment and develop solutions tailored to strategic goals.Our consultancy for investors who want to acquire Turkish citizenship through real estate investment is also based on end-to-end support. While investing in residential or commercial property in Istanbul, we manage all processes meticulously, from obtaining the valuation report to title dee..

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e-Currency Trading Document

e-Currency Trading Document

E-CURRENCY TRADING DOCUMENT What is the E-Currency Trading Document? The e-Currency Trading Document is a completely digital version of the printed Foreign Exchange Purchase Document and the Foreign Currency Sale Document, which are issued in foreign exchange buying and selling transactions carried out through authorized institutions...

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Procedure for Entitlement in Seizure (ÇEVİRİ)

Procedure for Entitlement in Seizure (ÇEVİRİ)

PROCEDURE FOR CHARGES IN SEIZURE A. GENERAL INFORMATIONAlthough the debtor is the addressee of the enforcement proceedings, property believed to belong to the debtor but belonging to third parties can also be seized. The enforcement officer, taking into account the principle of order in seizure, may only seize property whose seizure is not prohibited by law. This principle serves not to collect the debt under any circumstances, but rather to establish a balance of interests between the creditor and the debtor. The enforcement officer has no other discretion and cannot assess whether the seized property actually belongs to the debtor.SEQUENCE IN SEIZURE: Only the debtor's property can be seized to the extent that it covers the principal and interest of the debt, as well as the enforcement expenses; no more can be seized (Article 85, I). However, when seizing sufficient property to cover the debtor's debt, it is necessary to begin with the property whose absence will least burden the debtor and is easiest to seize and sell. In other words, when seizing a debtor's property, a specific order is observed, which is called the order of seizure. Disputed property refers to property declar..

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Steps For Application To Turkish Citizenship Through Real Estate Investment

Steps For Application To Turkish Citizenship Through Real Estate Investment

STEPS FOR APPLICATION TO TURKISH CITIZENSHIP THROUGH REAL ESTATE INVESTMENT Step 1 - Get Tax Registration Number The tax registration number can be obtained from any tax office in Turkey.Original passport and photo required...

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Certificate Of Conformity

Certificate Of Conformity

CERTIFICATE OF CONFORMITY – CITIZENSHIP BY INVESTMENT As it is known, Turkish citizenship can be acquired at birth or later. Among the ways to acquire Turkish citizenship later on, the way of gaining Turkish citizenship through investment, which is very popular today, has created some question marks in everyone's mind. Acquiring Turkish citizenship by investment is an opportunity that entitles the person to apply for Turkish citizenship, provided that other conditions are met as a result of compliance with various types of investment. In our article below, we will explain important parts such as the conditions required for acquiring Turkish citizenship by investment, the legal procedure to be followed, the documents to be prepared, the requested action, the authority to apply, and the deadlines. The law of foreigners is more flexible than other areas of law and the administration has great discretion. For this reason, the process of becoming a Turkish citizen through investment should be pursued with great sensitivity and devotion. For this reason, as UT Law, we have written this article as a guide that can help our dear readers...

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Foreign Currency Purchase Certificate

Foreign Currency Purchase Certificate

FOREIGN CURRENCY PURCHASE CERTIFICATE As is known, within the scope of the Regulation on the Implementation of the Turkish Citizenship Law enacted in 2018, it has been made possible for foreigners in our country to acquire Turkish citizenship exceptionally by purchasing immovable or immovables worth at least 400,000 USD (Four hundred thousand USD). At this point, banks play an important role in the registration of foreign currency coming from foreign countries. Namely, as of January 24, 2022, foreigners are obliged to exchange foreign currency with the Central Bank for transactions they are buyers of. Accordingly, persons who are not citizens of the Republic of Turkey are required to make the payments for the real estate to be purchased in foreign currency. This obligation applies to all purchases made by foreigners, whether they apply for citizenship or not. Real estate cannot be sold without this document.   This process is usually done by authorized real estate offices. However, the most important point to be considered in this transaction is that the document to be obtained must be from a bank operating in Turkey. This transaction cannot be made with foreign currency exchang..

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VAT Exemption

VAT Exemption

VAT EXEMPTION As it is known, Value Added Tax, or simply VAT, is an expenditure tax that is paid by the deliverer of goods and services, but charged to the recipient. It varies from 1% to 18%. However, in some cases stipulated by the law, there may be an exemption from the VAT amount. In our article below, we will explain the VAT exemption that foreigners, who are among the VAT exemptions, can benefit from in the purchase of the real estate...

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Exceptional Citizenship By Real Estate Investment Frequently Asked Questions

Exceptional Citizenship By Real Estate Investment Frequently Asked Questions

EXCEPTIONAL CITIZENSHIP BY REAL ESTATE INVESTMENTFREQUENTLY ASKED QUESTIONS1. WHAT ARE THE DOCUMENTS REQUIRED FOR THE APPLICATION? • Title Deed Document of the immovable or information of village/neighborhood, island, parcel, building, independent section,• Identity document/Passport (with translation if necessary),• "Immovable Valuation Report" to be obtained from the valuation institutions published on the website of the BRSA (https://www.bddk.org.tr/Kuruluslar-Category/Bankalara-Degerleme-Hizmeti-Vermeye-Yetkili-Kuruluslar/11)• Compulsory earthquake insurance policy for buildings (housing, workplace, etc.),• 1 photo of the buyer and 2 of the seller (in the last 6 months, in 6x4 size),• "Real Estate Market Value Certificate" from the municipality• Tax number• Bank-approved remittance receipts (Can be given before or after the sale.)• Sworn translator for the party who does not speak Turkish (authorized by the Regional Judicial Justice Commission)• If there is a representation, the document related to the representation (In case of transactions with a power of attorney issued abroad, the conditions sought with the circular numbered 2015/5 (1767) must be met.)..

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