🏷️ Turkish: Miras
The legal transfer of property ownership after death. Foreigners can inherit property in Turkey under certain legal conditions defined by reciprocity.
💡 Example: Foreigners can inherit their parents’ Turkish apartments, but they must follow specific legal notification steps through a local court.
🔗 Related Service: Legal & Tax Consulting
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🏷️ Turkish: Değerleme Raporu An official assessment of a property’s market value, mandatory for citizenship and mortgage applications. 💡 Example: The land registry will use the valuation report to verify that your property meets the $400,000 threshold for citizenship. 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Örtülü Kazanç Occurs when transactions between related parties are not conducted at market value, leading to potential tax penalties. 💡 Example: Buying goods from a sister company at inflated prices could result in a hidden profit distribution penalty from the tax office. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book…
🏷️ Turkish: Çalışma İzni An official document from the Ministry of Labor allowing a foreigner to work legally for a Turkish company. 💡 Example: As the director of your own Turkish company, you must obtain a work permit to be legally allowed on the payroll. 🔗 Related Service: Residence & Work Permit 📎 Need help?…
🏷️ Turkish: Çalışma İzni Muafiyeti A legal right to work in Turkey for a short period without a formal permit for specific roles like athletes or researchers. 💡 Example: Some international researchers can work at a Turkish university for up to three months under a work permit exemption. 🔗 Related Service: Residence & Work Permit…
🏷️ Turkish: Stopaj Vergisi A tax deducted at the source from payments such as salaries, rent, dividends, and professional fees. 💡 Example: Your company is responsible for deducting withholding tax from the monthly rent you pay to your landlord. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Yargıtay The highest court for civil and criminal cases in Turkey, acting as the final appeals court,. 💡 Example: Decisions made by the local commercial court can be appealed for a final ruling at the Court of Cassation,. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here:…