How to Open a Blocked Bank Account in Turkey
Are you researching the necessary funds to live or work in Turkey? We answer the questions "What, Why, and How?" about Expats in Turkey.
Understanding your money management options as an expat living in Turkey can be tricky. From opening a bank account to insuring your family’s home and belongings, you must know which options suit you. To find out how you can make your money go further, read our guides to finance in Turkey.
Are you researching the necessary funds to live or work in Turkey? We answer the questions "What, Why, and How?" about Expats in Turkey.
Home or home contents insurance is additional insurance taken out to complement existing building or earthquake insurance. It is meant to cover possessions, furnishings, white goods, electronic devices, and other personal items. The coverage and cost will vary considerably depending on the type of property owned and whether it is...
All vehicles in Turkey must have a minimum of third-party liability insurance, and drivers must carry proof at all times. Especially if you have a foreign license plate and driving abroad, you should expect your level of insurance coverage to drop to a third party, which means that the policy...
Sending or receiving money abroad can incur hefty fees and come with many hidden charges with traditional banking, even if you use expat banking or have a multi-currency bank account. When you need to do this regularly, you will soon realize that you need a cheaper and faster solution than...
Whether it is worrying about the security of your job or an ever-growing selection of investment opportunities around the world, you may have willingly or unwillingly had more exposure to the crypto market, pushing you to explore the world of cryptocurrencies. Although traditionally, the incline in Turkey would be toward...
Thinking about death and what happens to your possessions and properties after you pass away are not pleasant thoughts to have. When you live in a foreign country, you must consider these things to ensure your heirs don't run into trouble when sharing your assets as an inheritance. What Happens...
Opening a bank account as a foreigner in Turkey used to be a long, tiresome process. And after all the waiting and asking around, you'd be shocked to discover that you'd need at least a certain amount of money or sizeable investment, plus a residence permit to open one. But...
With over 84 million people, Turkey's population is large, with its biggest city, Istanbul, home to over 15.5 million people. Turkey's uniqueness is that it is located not only in the Middle East and Africa (MEA) region but also in Europe and Asia. The FinTech Times has compiled a...
Need to move money internationally? Transfer funds with confidence by using one of these expat-friendly money transfer websites and mobile apps:...