41 articles found in Turkey

No Automatic Recognition: Foreign court judgments have no power in Turkey until you win a formal enforcement lawsuit (Tenfiz) under Turkish private international law. Mediation is Mandatory: You cannot jump...

Most accident and injury claims in Turkey are based on fault under the Turkish Code of Obligations, with strict rules for traffic and workplace accidents. General time limit is 2...

Restructuring Debt for Foreign Joint Ventures in Turkey Economic shifts and currency fluctuations frequently put severe pressure on foreign joint ventures (JVs) operating in Turkey. When local corporate debt becomes...

Investing in Turkey as a foreign private equity sponsor means navigating a corporate law framework that prioritizes statutory rules over private contractual freedom. Standard international deal conventions (such as drag-along...

Traffic accidents are an unfortunate reality anywhere in the world, including Turkey. With over 300,000 injuries and thousands of fatalities yearly, understanding your rights and proper procedures following an accident...

Marriage to a Turkish citizen provides a road to Turkish citizenship, but it's crucial to recognize that Turkish citizenship via marriage is not automatically given. The procedure is controlled by...

Strict Valuation Limits (2026): To secure a real estate-based residence permit, the property value recorded on the title deed must be at least $200,000 across all provinces. For citizenship by...

Establishing Jurisdiction: Expats living in Turkey can file for divorce under the International Private and Civil Procedure Law if they meet residency requirements. Cost and Timeline: Mediation resolves disputes in...

Foreigner's Guide to Inheritance Disputes in Turkey Key Takeaways Turkish inheritance disputes often surprise foreign nationals with strict local rules. Understanding jurisdiction and forced heirship laws early prevents prolonged court...

Mandatory Mediation: Turkish law requires commercial disputes seeking monetary compensation to undergo pre-litigation mediation before a lawsuit can be filed in local courts. Cost Structures: Turkish commercial courts charge a...

Corporate Restructuring in Turkey: A Creditor Checklist Key Takeaways Foreign creditors have the same substantive rights as domestic creditors in Turkey, but must navigate specific evidentiary rules to recover assets....

Prioritize arbitration: Opting for arbitration (e.g., ISTAC) bypasses Turkey's mandatory commercial mediation process and resolves supply chain disputes faster than local courts. Notarize default notices: Under Turkish law, default notices...

The minimum investment for Turkish citizenship is USD 400,000. Buyers must place a three-year non-sale annotation on the title deed. Preliminary sales contracts are only legally binding if signed before...

Act fast on breaches: If a developer misses construction deadlines or delays the title deed (TAPU) transfer, you must formally place them in default via a Notary Public before initiating...

Key Takeaways Navigating cross-border construction projects in Turkey requires proactive contract drafting to manage economic shifts and regulatory demands. Preventing disputes saves millions in delayed project costs and litigation fees....

Cross-Border Debt Recovery and Corporate Restructuring in Turkey Foreign bankruptcy decrees require formal recognition by a Turkish court before they are enforceable against local assets. Securing interim injunctions is the...

Enforcing Foreign B2B Contracts in Turkey: Litigation vs. Arbitration Checklist Key Takeaways To enforce a foreign B2B contract in Turkey, you must understand local procedural rules, language requirements, and timelines....

The Istanbul Arbitration Centre (ISTAC) provides a specialized, neutral, and efficient alternative to the heavily backlogged Turkish local courts. Commercial arbitration in Turkey generally concludes within 6 to 12 months,...

Customs Harmonization: Turkey is aligning its 2026 tariff schedules closer to the EU Combined Nomenclature, requiring international traders to audit and update their Harmonized System (HS) classifications. Documentation is Critical:...

First-to-File Supremacy: Turkey operates on a first-to-file system, meaning the first entity to apply for a trademark or patent generally secures the rights, regardless of prior use by others. Mandatory...