The Advantages and Reasons to Invest in Turkey 2022

Advantages of Investing in Turkey- Why do you have to Invest in Turkey?

Countries of the world are racing to draw in investors so as to stimulate the local economy by injecting liquidity into the arteries of its major projects, but Turkey is distinguished from other countries with unique investment incentives which we see below:

• A progressive economy.
• The high percentage of the young population.
• Skilled and competitive hands.
• A renewable and liberal economic environment.
• Strong and complicated infrastructure.
• Strategic location.
• Europe's largest power station and terminal.
• Low taxes and investment incentives.
• Membership within the European union.
• Large internal markets.

 

Take Extra Caution When Investing in Turkey

In the midst of the recent boom in modern Turkey, the foreign investor finds himself amidst a sea of vast investment options across the country, like agricultural, food, industrial and assets investment in Turkey with all their details.

In light of the above, it'll not be easy to succeed in the ultimate decision on what's the suitable investment capital to be used.

Therefore, many foreign investors in Turkey resort to experts in various fields to succeed in the facts aloof from counterfeiting and deception that will be practiced by some, still as like economic feasibility studies and estimating the correct moment to enter into an investment.

 

List of the Most Effective Investment Types in Turkey

Investments in Turkey vary from industry to agriculture and food, general trade, health care, pharmaceuticals, financial services, communications and data, and lots of other areas, among which are:

1. Industrial Investment in Turkey

Turkey could be a member of the Group of 20 industrialized countries, which account for two-thirds of world trade, over 90% of the world's crude. Turkey has become a reliable source of high-quality commodity and is now Europe's largest producer of televisions and light-weight commercial vehicles.

There is little question that Istanbul occupies a sophisticated position among the Turkish cities within the field of industries generally, where the town embraces several industrial zones, for instance, the Dudullu industrial zone within the huge Umraniye neighborhood of Istanbul Asia, which is active within the following industrial areas:

 

• Iron, steel and metal industries.
• Chemical industries.
• Manufacturing every type of auto parts.
• Machinery Industry.
• Manufacture of iron and plastic molds.
• Food industry of every kind.
• Building materials industry.
• Manufacture of furniture of all types.
• Electrical and Electronics Industries.
• Manufacture of water purification materials.
• Textiles and garments.

2. Agricultural and Food Investment in Turkey

The climatic regions vary in Turkey, and agricultural crops vary from fruits and vegetables accordingly. Turkey's agriculture and food industries contribute about 20% of the country's working population.

The sector's financial contribution to GDP increased by 40% from 2002 to 2016, reaching the US $ 52.3 billion in 2016.

 

This field of the industry includes some strong points, including the dimensions of the marketplace for the young population, the existence of a vibrant private sector economy, getting large incomes from tourism, and therefore the enjoyment of a positive climate.

Turkey is that the seventh largest country within the world for agricultural production generally. it's the globe leader within the production of figs, nuts, raisins, and dried apricots, and is one in every of the world's leading countries within the production of honey.

Turkey boasts of production of 18.5 million a lot of milk in 2016, making it a number one country in its realm within the production of milk and dairy products.

The total yields produced in Turkey reached unprecedented quantities of 35.3 million loads of grain crops, 30.3 million a lot of vegetables, 18.9 million plenty of fruits, 1.9 million loads of poultry and 1.2 million heaps of meat.

In addition, Turkey is home to 11,000 plant species, while the entire number of plant species throughout Europe is 11,500.

3. Other Varieties of Investments in Turkey

• Public commerce.
• Health care and medicines.
• Communications and data.
• Advertising design and publications.
• Financial Services.
• Education in several stages.
• Precious metals and jewellery.
• Advanced technology.

 

Is land Sector the simplest Investment in Turkey?

There are many reasons for the increasing demand for Turkish citizenship through investment opportunities, and that we will attempt to summarize them:

Due to the present economic situation in Turkey, which may be a gradual decline within the value of the Turkish lira; property prices have also witnessed a comparatively sharp decline, and this case provides foreign investors with reasonable investment opportunities, to not mention obtaining Turkish citizenship as a results of these investments.

The laws don't require investment in a very particular type or kinds of property, meaning that an overseas investor is absolve to choose what he sees among a large range of options, like housing, land, commercial buildings, etc.

The foreign investor's members of the family are granted the proper to get Turkish citizenship with the investor. the sole exception is that the investor's sons who are over the age of 18 years.

Worthy note: The investor not must provide the deed as a condition for selecting the appliance of nationality through assets investment. The contract of sale is sufficient in order that the investor can purchase the property in step with the engineering plan or the projects under execution which are trading at very low prices, providing the investor with cost-effective options and future feasibility.