ISTAC Arbitration in Turkey: Rules, Procedure, Costs and Advantages ISTAC arbitration has become an increasingly important method for resolving domestic and international commercial disputes connected with Turkey. The Istanbul Arbitration Centre, commonly known as ISTAC, provides institutional arbitration and alternative dispute resolution services for Turkish companies, foreign investors, multinational businesses, public authorities and individuals. The […]
International arbitration is widely preferred in cross-border commercial transactions because it offers neutrality, procedural flexibility, specialist decision-makers and broad international enforceability. The finality of an arbitral award is one of the principal advantages of arbitration. However, finality does not mean that every arbitral award is completely immune from judicial review. Where an international arbitration is […]
How to Draft an Enforceable International Arbitration Clause in Turkey An international arbitration clause is often one of the shortest provisions in a commercial contract. Nevertheless, it may become one of the most important provisions when a dispute arises. A properly drafted arbitration clause can provide the parties with a neutral, specialised and internationally enforceable […]
International Arbitration in Turkey: Legal Framework, Procedure and Enforcement International arbitration in Turkey has become an increasingly important dispute resolution mechanism for foreign investors, multinational companies, exporters, contractors, financial institutions and businesses engaged in cross-border transactions. Turkey’s geographical position between Europe, Asia, the Middle East and the Caucasus, combined with its diversified economy and extensive […]
Introduction Understanding Greece Golden Visa fraud and legal risks is essential before paying a reservation deposit, signing a property contract or transferring investment funds. The Greek Golden Visa is a legitimate residence-by-investment program regulated by Greek immigration law. However, the existence of an official program does not mean that every property, developer, estate agent, investment […]
Introduction The rejection of a Greece Golden Visa application can create serious legal, financial and immigration consequences for a foreign investor. A refusal may affect not only the principal applicant but also a spouse, children and parents whose residence applications depend on the investor’s status. A Golden Visa rejection does not necessarily mean that the […]
Introduction The Greece Golden Visa Airbnb ban is one of the most important restrictions introduced under the revised Greek residence-by-investment framework. Foreign investors frequently purchase Greek real estate not only to obtain a residence permit but also to generate rental income. Before the 2024 reforms, many Golden Visa investment projects were marketed with projected income […]
Introduction Understanding the tax obligations of Greece Golden Visa holders is essential before purchasing real estate, transferring tax residence or generating income from Greek property. The Greece Golden Visa is an immigration status. It grants a qualifying third-country national a Greek residence permit based on an eligible investment. It does not, by itself, determine whether […]
Introduction A frequent question raised by international investors is: Can Greek citizenship be obtained through the Greece Golden Visa? The legally accurate answer is yes, potentially—but not automatically and not merely by holding the residence permit for seven years. The Greece Golden Visa is a residence-by-investment program rather than a citizenship-by-investment program. Purchasing qualifying property, […]
Introduction A central question for investors considering Greek residence by investment is: Does the Greece Golden Visa provide a work permit? For the principal investor, the answer is no. A Greece Golden Visa issued through the property investment route is an investor residence permit rather than an employment permit. It allows the holder to reside […]