Pi Legal Consultancy

                                 Home Purchase in the USA                                   by Jonas Emre    1. Introduction Home purchase in the United States [1]  seems a hard way of making overseas investments. This article essentially aims at highlighting on the strong relationship between the citizenship and the exercise of the right to property and also analyzing domestic legal requirements for foreign persons [2]  interested in buying real property within the USA. 2. Why is the right to property very important? The right to property is guaranteed by leading international instruments including the European Convention for the Protection of Human Rights and Fundamental Freedoms. Pursuant to Article 1 of Protocol No:1, everybody is ‘entitled to the peaceful enjoyment of his possessions. No one sha...

  Türkiye’nin İlk Dijital Katılım Bankasına Hukuksal Bir Bakış by Fatih Tepeaşan  1.Giriş Bu yazıda, Türkiye’nin ilk  dijital katılım bankası  kurulmasına ilişkin 22.4.2022 tarih ve 31817 sayılı Resmi Gazete’de yayımlanan Bankacılık Düzenleme Denetleme Kurulunun  (BDDK)  21.4.2022 gün ve 10165 sayılı kararı ile bu kararın hukuksal sonuçları ele alınacaktır. 2. Finansal Teknoloji ve Katılım Bankacılığı Finansal teknoloji terimi (Fintek), teknolojinin, mal ve hizmet alışverişinde tek başına bir araç olarak kullanılması anlamına gelmektedir. Geleneksel finansal hizmet araçlarının kullanımını, her geçen gün zayıflatan finansal teknoloji araçları, insanların ilgili finansal hizmete erişimine inanılmaz bir hız katmaktadır. Zira finansal teknoloji, bu değişimin vakit ve maliyet tasarrufuna dönüştürülebileceği her alanda gün geçtikçe daha fazla tercih edilen araçlara sahiptir. Dijital bankacılık işbu Fintek araçlarının başında gelmektedir. Bu bağlamda, 21.4.2022 ta...

  Short-Term Residence Permit in Turkey by Aladdin İraz   1.Introduction There are numerous foreigners interested in acquiring  “Short-Term Residence Permit in Turkey”  because of financial, economic and humanitarian crises. This article mainly focuses on legal requirements, duration, refusal, non-renewal or cancellation of short-term residence permits in Turkey. The acquisition of Turkish citizenship does not fall within the scope of this paper.  2. What is the meaning of residence permit ? “Residence permit” refers to ‘an official document that allows  you to live in a country that you were not born in’. [1]  The term “residence permit” does not imply permanent residence. It contains a “temporary residence permit”, granted to a foreigner for a specified period of time. Thus, residence permits need to be renewed regularly. 3. What are the main principles of the Turkish legal framework on residence permit ?  At t...

                     Turkish Citizenship Through                             Property Purchase 1.Introduction Turkish Citizenship by Investment Program was newly introduced on  12.01.2017  and amended on  18.09.2018 . Owing to the new system, foreigners are granted to acquire Turkish citizenship through property purchase worth at least $250.000 or making $500.000 capital investment. This article intends to clarify the new system in a detailed manner with regard to the first one, namely the acquisition of Turkish citizenship by property purchase. 2.What is the link between citizenship law and real estate law? There is an increasing correlation between the exercise of the right to property and the word of citizenship. Real estate law regimes generally involve the constant possession,  control, and the use of ownership for any entity. The ex...