Self-help
Available entries: 402 entries
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Turkey
Investment in a property or company to obtain Turkish citizenship
Q: Hello, I am an American citizen looking to invest in commercial real estate in Istanbul. I was curious about how the citizenship by investment process works. Do I need to speak to anyone before buying the property? Or should I buy the property and begin the process of getting my citizenship afterwards? In addition, if I were to choose to establish a company in Turkey and employ 50 or more people, how long would I have to maintain that company in order to get my citizenship? Legal dictionary
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Right of first refusal
A contractual right that gives the holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. It is similar to a call option. Legal dictionary
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Show cause order
A court order that requires one or more of the parties to a case to justify, explain or prove something to the court. Court’s commonly use orders to show cause when the judge needs more information before deciding whether or not to issue an order requested by one of the parties. For example, if a party requests that the court find another party in contempt of court of an existing order, the judge will typically issue an ‘Order to Show Cause Re Contempt’ to the party accused of being in contempt of court. At the hearing of the order to show cause concerning contempt the judge will take evidence from both sides concerning the alleged failure to comply with the court order before making a decision on the merits of the issue. Questions & Answers
Turkey
Applying for Turkish citizenship by investment
Q: I want to apply for citizenship. I am Jordanian, please tell me about the shortest way to do that. Can I have it through buying a house? If so, what are the requirements? Legal dictionary
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Double jeopardy
A procedural defence that forbids a defendant from being tried again on the same (or similar) charges following a legitimate acquittal or conviction. Legal dictionary
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Lis pendens
Latin for ‘suit pending’, it is a written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice is usually filed in the county land records office. Recording a lis pendens against a piece of property alerts a potential purchaser or lender that the property’s title is in question, which makes the property less attractive to a buyer or a lender. After the notice is filed, anyone who nevertheless purchases the land or property described in the notice takes subject to the ultimate outcome of the lawsuit. Questions & Answers
Turkey
Investing in Turkey to get Turkish citizenship
Q: I am Egyptian, and I would like to set up a business in Turkey. I’ve heard that if you invest USD X amount, you may be eligible for privileges. Can I invest in any sector, like restaurants or import and export of clothes? Or it has to be in a specific area of investment? Also, what are the privileges that I can have as a foreign investor? I appreciate your answers. Questions & Answers
Turkey
Requirements of obtaining Turkish citizenship by buying a property
Q: Hello, I am from Lebanon. A friend of mine told me that, buying property in Turkey grants anyone the right to reside in the country legally because he owns a property, where he renews his residence annually or every two years. That allows him after about five years to apply for citizenship. is this true? Is there any way to cut the "five years" residency and apply directly to Turkish citizenship or after one year or two at max? Please advise as I am thinking of taking such steps. Questions & Answers
Turkey
Establishing a business in Turkey and hiring foreigners
Q: Hello, I am a foreigner, and I want to invest in Turkey. If I opened a company in Turkey, can I get a work permit for foreigners from my country (Pakistan) or I will be obliged to employ Turkish citizens only? Best regards Legal blog
Turkey
Obtaining Turkish Citizenship by Investment: Why You Need a Lawyer
Many countries are now providing residency and/or citizenship to foreign investors, in a global trend to encourage investments in many sectors. Among these are real estate, trade, banking and others. Such conditions vary from one country to another subject to their respective laws and regulations. Questions & Answers
Turkey
How to check if a visa and job offer letter fake or real?
Q: How to check if a visa and job offer letter fake or real? Questions & Answers
Turkey
Help with checking a job offer if it is genuine or fake
Q: Hi. Please help! I have been offered a job in Dubai at Suhara hospital, UAE. The contract has been sent to me to sign and send back. It is asking I contact Sapna travels LLC for the travel visa. I got this today 18th June and it’s asking they receive my permit and work visa for 4 years to be sent by the 27th June so they can pay me my 2 months salary in advance for travel...etc. Seems rather quick. I have had no interview either just my cv I sent over. There is a mention of expenses related to me relocating which will be reimbursed in 5 days after submitting receipts. Not sure if this is genuine or fake. Please help and guide me on how to go about this? My family think it may be fake. The offer seems too good to be true. Any ideas on how to check authenticity? I am now worried if it is fake, they have my cv details i.e. home address, email, telephone number...etc. Kind regards J. B. Legal dictionary
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Leading question
A question asked in such a way that it makes someone give the particular answer that you want, especially during the examination of a witness at court. Legal dictionary
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Leveraged buyout
Usually applies where a company is purchased with a combination of equity and significant amounts of borrowed money, structured in such a way that the target company’s cash flows or assets are used as the collateral to secure and repay the borrowed money. Legal dictionary
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Landmark case
Sometimes known as a leading case, is a court decision that establishes an important new legal principle or concept, or which changes the previous interpretation of the current law. Legal dictionary
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