According to international trade and international law, it is accepted that parties are free to make contracts and determine the law to be applied. States holds court decisions as indicators of judicial sovereignty and independence. Accordingly, in Turkish Law, the jurisdiction of Turkish Courts is considered exclusive and definitive. Enforcement and Bankruptcy Law is under
Foreign Court Decisions in Turkey: Recognition and Enforcement
MGC Consultancy International Law Aug 01, 2019
Acquisition of Turkish Citizenship by Foreign Investment
MGC Consultancy Immigration, Turkish Citizenship Jun 21, 2019
The Regulation of Implementation of the Turkish Citizenship Law (“Regulation”) has been amended by Presidential Decree No:106 effective from the date of publishing which is 19.09.2018. In accordance with the Turkish Citizenship Law No:5901 (“Law”), Regulation enables foreign investors to acquire Turkish Citizenship exceptionally by investment ways as below: to make fixed capital investment worth
How safe is it to travel to Turkey in 2019?
MGC Consultancy Tourism May 20, 2019
The UK Foreign Office says the country is ‘generally safe’ as it starts to rebuild its tourism sector After a series of terrorist attacks, a failed attempted coup and a referendum that saw Recep Tayyip Erdogan strengthen his grip on power, Turkey has begun to slowly restore its tourism sector. Famed for its beaches, food and
Turkey’s medical tourism industry boosts visitor numbers
MGC Consultancy Health, Tourism May 20, 2019
When Turkey’s traditional tourism industry dried up, the country turned to its medical sector to attract a new wave of visitors Turkey is typically celebrated by global travellers for its white sand beaches, azure seas and opulent palaces. Now, the Eurasian country is seeking to bolster its reputation in the field of medicine, too. Turkey
The Turkish Health Care System For Expats
MGC Consultancy Health, Immigration May 20, 2019
The main objective of this article is to point out the regulations of health care services and health insurance available for expatriates in Turkey. The system of health care is organized by different plans and sections with various laws in Turkey. The main principle is noted in Article 60 of the Turkish Constitution stating that
Overdue Difficulty and Adaptation Cases Under Article 138 of the Code of Obligations
MGC Consultancy General Feb 07, 2019
According to the Article 138 of the Code of Obligations No. 6098, “An extraordinary situation which is not foreseen by the parties at the time of the contract and which is not expected to be anticipated, arises from a reason not due to the debtor and changes the existing facts at the time against the
Turkish real estate firms to be promoted to Turks in Europe
MGC Consultancy Real Estate Feb 05, 2019
Some 76 Turkish real estate firms will introduce projects to Turks in Dusseldorf, Germany as part of the “My Home Turkey” real estate and investment fair supported by the Environment and Urbanization Ministry, Demirören Media and ISTexpo on Feb. 8-10. For three days, participant companies will introduce special campaigns, payment methods and details of the
700,000 medical tourists visited Turkey in 2017
MGC Consultancy Health Feb 05, 2019
Medical tourism has become a booming sector in Turkey, with 700,000 people visiting the country last year, the head of the Istanbul International Health Tourism Association (ISTUSAD) has said. “Many people come to Turkey due to the cost, quality, waiting period and facilities [in the healthcare sector],” Emre Ali Kodan told state-run Anadolu Agency on
Exceptional Regulations Regarding Decisions by Foreign Authorities
MGC Consultancy General Feb 02, 2019
Legal recognition of a status or fact in a jurisdiction is a formal acknowledgement of it being true, valid, legal or worthy of consideration and may involve approval or the granting of rights. According to Turkish Law, legal recognition process is ensured by court decisions. Article 4 of the Decree-Law on the Making of Certain
Practical Guidance on Establishment of Asset Management Companies in Turkey
MGC Consultancy General, Immigration, Work Permit Feb 02, 2019
Asset Management Companies, which are established pursuant to Article 143 of Banking Code No: 5411 of Republic of Turkey, are authorized to manage the collection process of the receivables which are due and payable, but have not been paid on due date. In exchange for assignment of the receivables of Banks, Factoring Companies and other
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