Essential guides and resources on finance in Turkey, including banking, investing, budgeting, and financial planning for residents and expats.
It should come as no surprise that international buyers are eager to invest in the real estate market in Istanbul given that it is one of the most visited cities in the world and has a house price growth rate that is greater than 100 percent. In addition to being...
In our previous blogs, we touched on many topics surrounding financial matters in Turkey, including how to acquire a home or real estate in Turkey, how to open a bank account and get a credit card in Turkey as a foreigner, as well as how to open a blocked bank...
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....
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...