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Turkish Lira Payments for Sales of Moveable Assets No Longer Required

Turkish Lira Payments for Sales of Moveable Assets No Longer Required

In line with an amendment in the Official Gazette dated 6 March 2025, Turkish Lira payments for sales of moveable assets are no longer required, except for vehicle sales. As a result, individuals residing in Türkiye will be able to now make payments in a foreign currency or indexed to a foreign currency.

Read more about the announcement is our Client Alert.