Pi Legal Consultancy

  There are numerous foreigners interested in acquiring " residence permit in Turkey " because of financial and economic needs and humanitarian crises. Overall, this article mainly focuses on legal requirements, duration, refusal, non-renewal or cancellation of residence permits in Turkey. As a result, the acquisition of Turkish citizenship does not fall within the scope of this paper.  What is the meaning of residence permit? To clarify, “residence permit” refers to ‘an official document that allows you to live in a country that you were not born in’   The term “residence permit” does not imply permanent residence. For this reason, it contains a “temporary residence permit”, granted to a foreigner for a specified period of time. Thus, residence permits need to be renewed regularly. What is the difference between a work permit and residence permit? There is a growing consensus that work permit and residence permit have very different meanings. It is, however, ...

Overall, this paper presents a FinTech guide by describing the design and implementation of FinTech norms applicable in Turkey. Turkey offers business-friendly policies through a deep talent pool and low marketing costs at the border of Europe, Asia and Africa. Markedly, Turkey's FinTech legal ecosystem is of great importance in addressing the scope and nature of entrepreneurship and every single start-up investment. What is the meaning of FinTech?  The term “FinTech” describes emerging digital systems based on the modification, advancement, automation and facilitation of payment systems. The word FinTech covers a broad form of payment models including electronic money institutions, payment institutions, digital banks, online insurance agencies, and crowdfunding platforms.  What is the main purpose of FinTech?  The main objective of FinTech is to facilitate and accelerate shopping and trade. There are several advantages of alternative virtual payment methods. T...