Pi Legal Consultancy

  Turkey’s Citizenship by Investment program has attracted thousands of investors from around the world. The allure of a Turkish passport, combined with the potential of the real estate market, makes it a lucrative option. However, the process is fraught with potential pitfalls. To navigate this journey safely, hiring a reliable law firm in Turkey is not just recommended; it is essential for the security of your investment.   The Role of Legal Due Diligence   Before transferring any funds, a thorough due diligence process must be conducted. Is the property debt-free? Is the appraisal report accurate? A professional Turkish law firm conducts these checks to ensure you are not buying a problematic asset. Unfortunately, many foreign investors fall victim to scams or purchase properties that are ineligible for citizenship. An experienced law firm in Turkey acts as your shield, verifying every document at the Land Registry. Citizenship Procedures and Ankara   Onc...

  The regulatory framework governing anti-money laundering (AML) and counter-terrorism financing (CTF) obligations in Türkiye is undergoing a significant transformation. One of the most recent and notable developments in this area is the Revision of the Regulation on the MASAK Compliance Program Regarding Obligations for the Prevention of Laundering and Financing Terrorism , published in the Official Gazette on 22 August 2025 (No. 32994). Issued by the Financial Crimes Investigation Board (MASAK) , the revised Regulation introduces meaningful changes to the existing compliance regime. These amendments expand the scope of obligated institutions, refine the risk-based compliance approach, and impose stricter requirements concerning compliance officers and internal governance structures. As a result, the Regulation directly affects not only banks and financial institutions, but also payment institutions, electronic money companies, and crypto-asset service providers. At a time when r...

  Pi Legal Consultancy’s Article Series Continues to Shape the Legal Landscape in Turkey and Beyond Pi Legal Consultancy (PiLC), a leading cross-border law firm in Turkey, continues to publish cutting-edge legal articles, sector insights, and high-level analyses designed to guide foreign investors, corporations, and international institutions. As part of its ongoing News, Insights & Legal Alerts series, PiLC provides reliable, research-driven content that supports decision-makers navigating Turkey’s dynamic regulatory environment. Our October 2025 article focuses on a central topic for international businesses: debt collection in Turkey . This in-depth piece addresses the key questions foreign creditors face when initiating enforcement proceedings and highlights the critical importance of establishing a robust and well-designed debt collection strategy at the outset . The article stresses that the viability of enforcement in Turkey depends heavily on whether the debtor—or in c...