Questions tagged [turkey]

For questions that relate to the laws, practices, and products of Turkey.

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1 answer
319 views

Why do homes lose 50% of their value every decade in Turkey?

Homes lose about 50% of their value every decade in this country. Why is that? Source: 2014 - present https://www.zingat.com/ankara-bolge-raporu 2005 - 2015 https://www.zingat.com/blog/istanbulda-10-...
0 votes
0 answers
60 views

Money transfer to Turkey

My partner from the USA has sent me money (a few million dollars) to Turkey, the transfer is now exactly 14 days ago, have received until now still no money receipt, the money should be on the ...
1 vote
1 answer
159 views

Can a country that I live & pay taxes learn & know that I also pay taxes in another country?

I am a Turkish national, pay taxes in Turkey, but also if live & work & pay taxes in a Germany, can the German government know & learn that I also pay taxes to Turkey?
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1 vote
1 answer
70 views

Where is the fiscal resident of international students receiving scholarship

I am a citizen of Turkey, and I am studying in Germany while receiving a scholarship from the German government. Where is my fiscal residence?, i.e where is my tax-residency? Edit: I have no other ...
  • 373
1 vote
2 answers
3k views

How to short Turkey? How to get exposure to local currency-denominated debt?

After some research, I decided to open a short position on Turkish Lira (TRY), and I'm also looking to short TRY-denominated debt. To short the TRY-denominated debt, I'd need to short-sell a TRY-...
0 votes
0 answers
113 views

Why wasn't my wire transfer delivered to my client's account in Turkey?

I was told initially that an international wire transfer normally takes 2 to 3 business days to deliver to my client in Turkey, but it has been more than 10 days now since I made the transfer and I ...
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0 votes
2 answers
126 views

Transfer from Italy to Turkey still pending

I made a transfer on 02/07/2019 from Italian EUR account to a Turkish Eur account. The status at that time was empty but the very next day the status became as "Preso in carico" which means taken ...
0 votes
0 answers
201 views

Wire transfer problem

I have wire transferred my funds through a Turkish bank using SWIFT code and intermediary bank JP Morgan Chase bank in the US to my account in Singapore. It is already 8 months and I have yet to ...
1 vote
1 answer
122 views

What to invest if my savings will be used in another currency later, compare to which my countries currency devaluates?

My situation as follow: I'm planning to go abroad to study a semester during my undergrad, and then do my PhD also in abroad. My future plans are also living in abroad. The currency in these ...
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2 votes
1 answer
580 views

Opening an account when in another country

I was wondering if a person living in another country who is an American citizen can open a bank account in Canada
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2 votes
1 answer
187 views

I have a 10,000,000 Turkish bill but it's only half the bill, is it worth anything?

I have a 10,000,000 Turkish bill but it's only half the bill, is it worth anything ?
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2 votes
1 answer
250 views

How to trace a fund transfer from Turkey Garanti bank to Wells Fargo bank in US?

I transfered $25,000 from Garanti bank in Turkey to my closed account at Wells Fargo bank in the US. How can I out where funds went after being rejected by Wells Fargo bank (because my account number ...
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4 votes
4 answers
1k views

Money transfer from Turkey to Europe

I have a somewhat large sum of money sitting in a bank account in Turkey that comes from selling real estate and I would like to transfer that money to Europe in the most optimal way. Everything is ...
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4 votes
4 answers
3k views

The hotel manager took a photo copy of my debit card. Do I have a reason to be worried?

Last week I visited Turkey. I came to a hotel my traveling agent has reserved a month before, but the reception officer didn't let me in because he said my voucher was cancelled. After an hour of ...
0 votes
1 answer
843 views

Buying Nasdaq stocks from outside United States

I want to invest in some companies listed on NASDAQ, but the financial intermediary firms in my country (Turkey) require high commission fees on transactions. Is there a reliable solution to make ...
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3 votes
1 answer
686 views

How do I invest in NYSE outside US?

I want to invest in NYSE. Is it possible to buy stocks traded in NYSE as a non-citizen and non-resident? EDIT: I am from Turkey
0 votes
1 answer
462 views

When do Bank Accounts become dormant in Turkey?

Does anyone know / have an idea about dormant bank accounts rules in Turkey? For example How many year should the account be inactive for account to be classified as dormant account? Once the account ...
12 votes
1 answer
26k views

What happens with an international transfer in a different currency than my own?

My customers are in Germany and I told them to pay the money for me using a bank transfer. I gave them the swift code and the IBAN and other information, but the problem is that I forgot to tell ...
1 vote
1 answer
219 views

Is household disposable income a real or a nominal value?

I downloaded Quintiles/Deciles ordered by household disposable income (Turkey, Urban, Rural)) data from Turkish Statistics Institue. I have looked at the provided data, but it doesn't indicate if the ...
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