Types of Investments in Turkey – Best Investment Options for Foreigners in Turkey
Types of investments in Turkey. Turkey is a perfect country for investment due to a young, dynamic and skilled workforce in a country of almost 80 Million people. Moreover, investment in Turkey is one of the first preferences of investors from all over the world. Therefore, in this article from Ebla Real Estate, we will talk about the advantages of investing in Turkey as well as the types of investments in Turkey.
An introduction about types of investments in Turkey:
The investment raises the nation to the highest levels of the civilization hierarchy. In Turkey, there are many investment opportunities and projects in several sectors. However, before we talk about the best types of investments in Turkey, we will talk about the advantages of investing in Turkey.
Advantages of investing in Turkey:
- The Turkish government supports foreign investors and provides them with facilities.
- Moreover, Turkey has a strategic location in Western Asia, it links the Asian continent with the European continent.
- Turkey has solid and advanced infrastructure as well as a developed transport network.
- Urban transformation and prosperity in Turkey Make Turkey a favorite destination for investors.
- Furthermore, Turkey is one of the most important ten countries in terms of tourist attractions in the world.
- Additionally, it is a significant hub for drawing local and global investors in a variety of sectors.
- Thus, investments in Turkey lead to great financial returns and profitability.
The best types of investments in Turkey:
Real Estate Investment:
The real estate market has gained a reputation for being the most guaranteed investment sector. It’s the safest way to make money and also the quickest.
In recent years, Turkey has witnessed an unprecedented real estate boom and a great demand for real estate, especially in the major Turkish cities, such as Istanbul, Bursa, Antalya, and others.
Real estate investment in Turkey is one of the most important investments in Turkey for many reasons, including:
- Investing in real estate in Turkey achieves guaranteed results that are far from adventure and risk.
- Moreover, the real estate market in Turkey is one of the best real estate markets due to the great successes and the high profits it provides to investors.
- The strong economy which makes Turkey a pioneer in the field of real estate investments and urban transformation projects.
- Taking advantage of the tourism factor, as Turkey is one of the most important ten countries in terms of tourist attractions in the world.
- Furthermore, there are diverse options of real estate investment that meet all investors’ needs and desires.
- The continuous and increasing rise in real estate prices in Turkey.
- The diversity of real estate investment fields and options in Turkey. It is possible to invest in residential real estate in all its forms, commercial real estate, agricultural real estate, and others.
- The ease of real estate ownership procedures in Turkey and the ease of Turkish laws.
- Government support for foreign investors in Turkish real estate.
Agricultural investment:
Turkey is one of the developed agricultural countries. Agricultural investment is of great importance in Turkey for many reasons, including:
- Turkey has suitable geographical conditions, favorable climate and abundance of water resources in addition to the labor force.
- Furthermore, its vast agricultural lands extend along the length and breadth of the country.
- Turkey is the seventh largest country in the world for agricultural production in general. Additionally, the agricultural investment options in Turkey are diverse.
- In addition, the Turkish state has encouraged investment in the agricultural sector and has provided many facilities for local and foreign investors alike.
Industrial investment:
Industrial investment in Turkey is one of the types of investments in Turkey. Moreover, industry contributes significantly to the economic boom in Turkey.
The diversity of industries in Turkey is a great incentive for industrial investment. There are many industrial fields in Turkey such as the automobile industry, electrical industries, electronic industries, textiles, technical industries, furniture industries, and others.
Investing in the tourism sector:
It is among types of investments in Turkey. Turkey was the 6th most visited country in the World with 51.2 million visitors in 2019. Moreover, Turkey ranked 14th with USD 29.8 billion tourism receipts in 2019. Furthermore, it ranked 3rd in the World among 49 countries with 519 blue flag awarded beaches in 2021.
Being one of the world’s most popular tourist destinations, reaching 40 million annually, Turkey offers unique opportunities to foreigners who want to invest in the tourism sector of Turkey.
Additionally, Turkey is a country where there are many types of tourism such as religious, historical, natural, therapeutic, educational, cultural and sports.
In addition, the Turkish government has provided incentives to both domestic and foreign investors to encourage investment in the tourism sector.
Thus, we talked about types of investments in Turkey.
Edited by: Ebla Group Real Estate
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