The future of investment in Turkey
All factors and circumstances indicate that the future of investment in Turkey will be safe and bright, promising many profits and gains. In this article from Ebla Real Estate, we will talk about the future of investment in Turkey.
What are the factors that make the future of investment in Turkey safe and bright?
Turkey has become one of the preferred destinations for foreign investors to establish their various investment projects and manage their businesses as it offers extremely attractive opportunities to investors. Furthermore, there are many factors that encourage investors to invest in Turkey and make the future of investment in Turkey safe and bright, including:
1. The robust economy of Turkey:
One of the most important factors is the strength of the Turkish economy. Turkey has the 20th largest nominal GDP in the world, and the 11th largest GDP by purchasing power parity. Furthermore, Turkey’s economy is the seventh largest in Europe, with a GDP of 815 billion dollars in 2021. Moreover, Turkey is a founding member of the Organization for Economic Cooperation and Development and the G-20 major.
2. The vital location of Turkey:
Turkey stands at the geographical crossroads, connecting Europe, the Black Sea region, the Caucasus, Central Asia and the Middle East. Thus, Turkey is a bridge bringing together East with West and North with South. Furthermore, Turkey ‘s strategic location enables easy reach to markets across 16 different time zones, from Tokyo to New York. Turkey also serves as a management hub for several multinational companies.
3. Developed infrastructure in Turkey:
One of the reasons that motivate foreign investors to invest anywhere is the availability of the necessary infrastructure and lower transportation costs. Turkey has a developed infrastructure, as it has:
- Urban transformation projects in most major cities.
- Urban expansion and construction of modern housing complexes.
- Vital service projects such as hospitals, schools and shopping centers.
- Advanced transport networks and roads.
- Three suspension bridges connect the European and Asian shores with the Bosphorus.
- 100 airports, including 22 international airports.
4. Government support for foreign investments in Turkey:
The great government support is one of the factors that indicates that the future of investment in Turkey is safe and bright. The Turkish government provides support in many areas of investment for foreign investors in Turkey. Moreover, it provides them with facilities, services and features, the most prominent of which are:
- The Turkish government grants foreign investors legal residence in Turkey.
- It also grants foreign investors Turkish citizenship through investments.
- Foreign investors are entitled to apply for loans from Turkish banks.
- In addition, it provides investors with tax exemptions.
- Treating the foreign investor as the Turkish investor in terms of rights and duties.
- Ease of transferring money from abroad to Turkey and vice versa, without legal obstacles and impediments.
Advantages of investing in Turkey:
- Investing in Turkey achieves guaranteed results and high profits.
- Turkey is one of the most livable countries in the world.
- Furthermore, Turkey ranked sixth among the largest tourist destinations in the world and the fourth largest tourist destination in Europe.
- Moreover, Turkey has entrepreneurs, a qualified workforce, and a young, dynamic population.
- Additionally, Turkey is inexpensive in terms of cost of living compared to most European and Gulf countries.
- The Turkish market offers multiple and varied investment opportunities and options.
- In addition, Turkey has a strong investment environment that promises a bright future in the investment world.
The future of investment in Turkey:
The ambitious vision that Turkey has, the huge investment potential that it possesses, its distinguished geographical location, and the renaissance it has witnessed at all levels recently, have made Turkey a great investment opportunity for investors looking for areas that have a promising future.
Moreover, reports and studies indicate that Turkey is one of the ideal investment destinations in the world because of its distinguished strategic location, historical and tourist importance, robust economy, political and social stability, low taxes, amazing nature, and developed infrastructure.
Thus, Turkey is one of the best countries to establish successful investment projects as it has a promising safe investment future.
Thus, we talked about the future of investment in Turkey. It is worth noting that Ebla Real Estate offers the best investment opportunities in Turkey, to start you investment project, do not hesitate to contact us.
Edited by: Ebla Group Real Estate
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