Secure your financial assets as an expat in Turkey

Good start, I am happy the topic is addresed.

Just to list my concerns and experiences,

-I have most of my assets in EUR (without interest or revenues), but that is inflation, getting interest can also get some challenges (tax filing). Right now, no income whatsoever, but things might change.

-EU Banks do not like for clients to have an account in Turkey (my Luxembourg cancelled because of this (even if I was a client 20 years plus). Lets see what happens with my Dutch bank (luckily they need clients who have some capital) (I am thinking about my Hungarian bank)

-Financial future is more global, of course the depreciation of TRY is very annoying (every much so), but not killing for us.

-I really think to put my assets in a savings account if interest rates go very high (not in TRY I think (too risky)), I personally hate Crypto etc.

-The interest rate hike in Turkey was too small, but it is helping, having said that property prices will go down a bit. Yes of course the foreigners were guilty on the boom in prices (but low interest (relatively) was as well). In a way good that there will be a crash (not for me personally though)

-I do not like all of these financial products (I like products which are tax free (yes they exist, but implicitly tax is there), I have to see how to protect myself against inflation.

Bottom line I have no real strategy as of yet, I should have though