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YellAli and MGC Partnership

13th March 2018 YellAli and MGC legal - become partners to bring legal expertise advice to our many clients. MGC Legal is a full service law firm based in Istanbul, Turkey, focusing on all aspects of business law... Read more

Paying tax in Turkey for income in 2017

6th March 2018 In Turkey, as in any other country, people who earn money are supposed to pay tax on their income. Foreign residents who work or have businesses in Turkey usually have accountants dealing with the... Read more

Important - Changes to work permits for foreigners 2018

20th February 2018   Changes to work permits for foreigners 2018 Changes in work permit policies of the Directorate General of International Labor for 2018 are as follows: •    Work permit... Read more

Summer is only 2 months away – Do you rent out your property in Turkey or let friends and family use it?

20th February 2018   Are you aware of the regulations related to short-term rentals?Last year we had a huge number of questions from our members regarding allowing others to use their properties in Turkey be this... Read more

Turkey’s largest airport will open in October: Minister

13th February 2018 The third airport in Turkey’s largest city, Istanbul, will open on Oct. 29, Transport Minister Ahmet Arslan was quoted on Feb. 10 by state-run Anadolu news agency as saying. Eighty percent of... Read more

Turkey ‘standout destination’ for Thomas Cook

12th February 2018 Turkey has become Thomas Cook’s joint second best-selling summer destination while demand for its Tunisia programme is “strong”. Chief executive Peter Fankhauser said Turkey was... Read more

Turkey’s annual inflation drops to 10.4 pct in January, down from 11.9 pct in December

6th February 2018 Turkey’s annual inflation was 10.4 percent in January, easing from December’s 11.9 percent, data from the Turkish Statistics Institute (TÜİK) showed on Feb. 5. Consumer prices rose... Read more

Tourism in Turkey starts recovery

6th February 2018 After weathering two years of sharp decline due to terrorist attacks and a failed coup, Turkey’s tourism industry rebounded in 2017, growing by around 18.9 per cent, according to data from the... Read more

Turkey celebrates return of millenniums-old 'Golden Crown'

30th January 2018 Turkey's Ministry of Culture and Tourism on Monday celebrated the return of the ancient Golden Crown and Mountain Goat Figurine artifacts to their homeland at a ceremony in the capital Ankara... Read more

Foreigners buy over 22,000 properties in Turkey in 2017, up 22.2 pct

23rd January 2018 Foreigners purchased a total of 22,234 properties across Turkey in 2017, a 22.2 percent year-on-year increase from the previous years, with Iraqis being the top buyer, official data showed on Jan.... Read more

Turkey to receive 5.5M Russian tourists in 2018

23rd January 2018 The recent travel agreement between Russia and Egypt has turned the public's attention to the Turkish tourism sector. After Russia resumed its flights to Egypt, the question of whether Turkey, which... Read more

Turkish Lira falls amid escalating geopolitical concerns

17th January 2018 Turkey’s currency has weakened both against the U.S. dollar and the euro, as geopolitical risks escalate over a possible military operation by Turkey in the Afrin region of northern Syria. The... Read more

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