YellAli's words of wisdom

Welcome to YellAli Blogs

Check out YellAli blogs and read; Tips, Guides and various information about a variety of topics in Turkey - including ;
Turkish culture - working in Turkey - Health - Shopping and much more.....

The Ugly Truth about opening a bank account in Turkey (for Residency)

8th November 2016 OK so you have visited every bank in Turkey (or so it seems!), Only to be told ‘Sorry we need to see your foreigners identity number first in order to open an account” BUT your applying for a ‘First Time Turkish Residence Permit’ and thus need the bank account FIRST and only...
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Understanding Banking in Turkey

14th September 2015 Banks are complicate aren’t they? Even trying to understand your own countries banks can be difficult so you can imagine the trouble expats new to Turkey will have. However fear not because with our guide to banking in Turkey, you’ll soon have a clearer understanding of the basics of...
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What happened to the TL against the £ and $ in the last year

14th January 2015 A year ago we published a blog on whether the lira falling was a good or bad thing and it was pretty clear was the proverbial swings and round abouts. It is good for tourist but may not be so good for locals. Our article from last year is here --> Turkish lira falling – Is this a good or a...
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Prepaid Paypal Card in Turkey

13th October 2014 PLEASE READ ANNOUNCEMENT:
PAYPAL 'NAKIT' CARD IS BEING PHASED OUT IN TURKEY - THOSE USING THE PAYPAL CARD HAD UNTIL THE 1ST MAY 2016 TO 'TOP UP' AND UNTIL 31ST MAY TO USE ANY REMAINING BALANCE ON CARD
 
Have you heard about the Nakit Pre-paid Card from Paypal?If you have encountered...
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Tax free shopping in Turkey

14th July 2014 Did you know you could claim back tax when purchasing goods in Turkey?
 
When purchasing items such as clothing, jewelry, watches, food and drink, homeware, electronics and art, you can claim back the tax from the airport on your return journey.

You can do this by using a free card (membership) to...
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Closing your inactive Turkish bank account

17th June 2014 There have been many people who have been confused about the banking regulations regarding bank charges issued to inactive accounts.This ruling in in place and has been since 1st September 2013. The regulation implemented by the Turkish Banks' Association (TBB) and the Banking Regulation and...
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Turkish lira falling – Is this a good or a bad thing?

11th January 2014 The Turkish lira has taken quite a hit recently and has fallen into a downward spiral.(As mentioned in YellAli’s News post - Turkish lira hits record low) During the summer of 2013 the lira stood at 2.73 against the pound and within a month went from 2.73 TL to 2.85 TL. Towards the end of...
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A Turkish guide to banking

14th August 2013 So you have made the move and now you are pondering how to arrange all those bills and set up your different accounts.
Fear not as setting up a bank account is relatively easy in Turkey. So tell me about! As long as you have a tax number you can apply to open an account. 
This can be...
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Is your UK company pension plan at risk?

11th August 2013 With more and more British expats in Turkey, there are new schemes in place where you can save a host on tax levies.
A report by The Financial times declares that UK businesses who reported annual results for the financial year ending March 2013 has shown an increased short fall in pension funds...
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