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8 May

By Admin Citizenship

Turkey lowers requirements for citizenship by investment

The amount of dollars or other foreign currency needed as one of the criteria to become a Turkish citizen were sharply reduced, according to revised regulations published in the Official Gazette on Wednesday.The size of bank deposits was cut from $3m to $500,000 and the amount of required fixed capital investment was reduced to $500,000 from $2m, the decision said.

02 Jul

By Admin Technology

Extension application for residence permit has been regulated.

Within this scope, as of 2 July 2018, the foreigners applying for extension of residence permit in 66 provinces will submit their extension application for residence permit at the determined appointment date and hour at the provincial/district directorates of migration management they have applied. As for the other provinces, the procedure of submitting the documents required for extension of residence permit by mail will continue.

23 Apr

By Admin Corporate

Taxes

Turkey has one of the most competitive corporate tax rates among OECD member countries. The Turkish corporate tax legislation has noticeably clear, objective, and harmonized provisions that are in line with international standards.