The idea of ??investing in Turkey occupies the minds of many investors and those looking for private investment opportunities.

The importance of investing in ...

Date:

Saturday, September 4, 2021

The idea of ??investing in Turkey occupies the minds of many investors and those looking for private investment opportunities.

The importance of investing in Turkey

The idea of investing in Turkey preoccupies the minds of many investors and those looking for investment opportunities outside the borders of their country. Therefore, many of them may wonder about the importance of investment and the reasons for foreigners and Arabs in particular, to open projects in Turkey and start new investments inside Turkey.

Reasons and motives that motivate investment

The Turkish economy is successful and its growth is rising

According to a Bloomberg report, Turkey's economy is worth $740 billion.
With its solid economy, Turkey ranks nineteenth largest in the world.

Turkey is a huge domestic market for the consumption of products

One of the signs of successful investment is the availability of a wide consumer market, or, in closer language, the availability of a large population that can be relied upon to consume the products or materials given by investment projects. Turkey's population of more than 81 million people plays an important role in consuming local and foreign products and projects.

In addition to this, the large numbers of Arab communities in Turkey, which mainly contributed to encouraging Arab investors, in Turkey, millions of Arabs from Syria, Iraq, Egypt, Libya and Yemen, most of them residing for long periods in Turkey due to the conditions of their country, in addition to the Maghreb and Gulf communities, which are increasing day by day motivated by investment and work.

Turkey's central and middle position to the continents of the world

Turkey is a land, sea and air bridge linking the continents of Asia, Europe and Africa, and Turkey's location provides easy access to 1.7 billion potential customers and a consumer market for goods in: the European Union, East Asia, the Middle East and North Africa, and an important corridor to several markets around the world and for the transfer of energy to Europe

Turkey's location secures its proximity to about 70% of the world's energy reserves, that is, near the Middle East, and on the other side, Turkey is adjacent to the largest energy consumer, ie the European Union, which made it an important link for energy transfer

Turkey's ports also play a wide role in energy transfer. The Bosphorus Strait is of great importance in linking the Black Sea with the Sea of Marmara, and the Dardanelles Strait contributes to linking the Aegean Sea and the Sea of Marmara, all of which serves to facilitate trade operations in Turkey, import, export, goods transport and transit.

Taxes in Turkey, rebates and discounts

The most important characteristic of taxes in Turkey is that they are the same for Turks and foreigners alike, with the exception of some inevitable costs, such as translating and certifying some official documents from Arabic into Turkish, or accompanying an interpreter or agent, and these often do not cost exorbitant costs.

Taxes in Turkey on companies and investment projects are also rather low, especially after the corporate income tax in Turkey was reduced from 33% to 20%.

Also, taxes on real estate in Turkey are witnessing waves of reductions in title deeds.

Political and social stability

The political and social stability that Turkey is witnessing nowadays greatly encourages the increase in opportunities and entry in various fields.

Infrastructure development projects in Turkey

The infrastructure in Turkey is characterized by being high-tech, especially modern major projects, where the Turks' goal is no longer only to build the necessary service facilities such as bridges, airports, water canals and others as much as their goal is for these projects to be gigantic and competitive worldwide, not to mention concerted efforts to revive Several economic sectors benefit from modern infrastructure projects.

For example, the construction of the new Istanbul airport adds new incentives for the establishment of tourism companies in Turkey, given that it is the largest airport in Europe and will add an important value to tourism investment, and on the other hand, it has added new value to the real estate areas surrounding the airport and close to it, which means an increase in real estate investment opportunities in Turkey In those particular areas.

Investment areas in Turkey

Real Estate Investment

One of the most famous and most important types of investment, Turkey is a destination for major real estate investors around the world, and there are many investment options between apartments, hotel, lands, ready and under construction real estate, houses and villas..

The government provides its strong support to this sector through many decisions to attract investors , the most important of which is the law on granting Turkish citizenship to foreign investors through real estate ownership under special conditions .

Real estate companies are responsible for facilitating investment and buying and marketing various real estate operations , and Turkish real estate prices are very attractive , because of their cheapness in relation to real estate in other countries .

And we find a link between the investment fields in any country. The success of a particular sector imposes success on the rest of the sectors, to meet the needs and developments.

The solid Turkish economy , strong infrastructure and government support for these sectors have made investments in all fields profitable and successful projects , and Turkey has achieved global achievements and ranks at all levels .

Tourism investment

Turkey is a tourist country par excellence, with enough areas, tourist attractions and resorts to attract tourists from all over the world, who go to visit many of its cities to learn about its heritage and landmarks closely. We mention from the most important tourist cities (Antalya, Istanbul, Bursa, Trabzon , Mugla .. and many other cities).

Agricultural investment

Turkey has plant strains of vegetables and fruits estimated at about 11,000 species, while the total number of plant strains in Europe is 11,500 species. Turkey is a world leader in the production of dried figs, hazelnuts, raisins/currants and dried apricots.

Industrial investment

There are many fields of industrial investments, and they constitute very huge profits and successes due to the strong infrastructure of water, electricity and equipment .. and the distinguished incentives granted by the government to investors.
The huge industrial zones distributed over all parts of the country, which include many investments and countless industries, and the government allocates scientific research centers that work hard to keep pace with the latest global updates and develop them. We mention the most important industries (electrical, electronic, medical, sports and technology, textile industry and furniture of all kinds...)

Why is investing in real estate considered one of the best types of investment in Turkey?

• Because real estate investment is greatly affected by the state's economy and political stability, and Turkey is the first and best candidate for real estate investment in the region.

• Real estate is the largest growing and profitable sector in the world.

• Investment in real estate achieves guaranteed results, and is far from adventurous.

Investing in Turkey is many, varied and limitless. Its fields are many and varied, and for this reason, it is a huge center of attraction for investors around the world. Contact us at FCC Real Estate, as we provide high-level real estate services in Turkey by offering offers at competitive prices and excellent investment opportunities, and we also help you obtain citizenship Turkish.

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