Turkey is a natural bridge between Asia and Europe. Both continents also influence their eclectic culture. In these areas, Istanbul offers strategic access to all the key markets. Through FTAs and Customs Union, Turkey has access to 955 million consumers. Most of the investments have gone to Istanbul, which is the 7th city in Europe.
Recent years have seen record growth in the Turkish economy. Between 2003 and 2020, it climbed from 18th to 11th globally. For more info, see the graphics below.
Startup co-founders and founders are big in Turkey, especially in Istanbul. The possibilities for partnerships and networking are endless.
It’s easy for startups of all kinds to get involved in events, accelerator programs, conferences, co-working spaces, and hackathons.
Entrepreneurs can learn from each other, create something new, and come together because of hybrid or newly digitized programs and events.
Import dependency reduced by investment
Investments in R&D, Design, and Innovation Centers
Technology and knowledge transfer investment
Incentives for investment
Supporting digital transformation
Investing in high-quality jobs
Investing in exports
Due to population ageing and shrinkage elsewhere in Europe, Turkey’s young, educated population is a valuable asset.
Turkey’s young, vibrant population – driving a robust labour pool and lucrative domestic market – gives you many options.
Turkey had 82 million people in 2018. It’s predicted to reach 86.9 million by 2023 and 100.3 million by 2040, according to the Turkish Statistical Institute. In 2069, the population will reach 107.6 million.
Infrastructure and low transportation costs are the biggest reasons foreign investors invest anywhere. There’s been growth in Turkey’s basic infrastructure, like transportation, communications, power, and technical infrastructure, making it a magnet for foreign investment.
Investing in Turkey
Construction and real estate are booming because of population growth and city revitalization. The construction and real estate industries keep attracting investors.
Real estate in Turkey is one of the safest investments you can make. Tourism has grown Turkey’s real estate business. Turkey is also a popular retirement destination for foreigners.
Invest in Turkish citizenship and get Turkish citizenship
In 2016, Turkey introduced citizenship by investment. Getting a Turkish passport might be possible through real estate, capital transfers, or job creation.
Under the Turkish citizenship by investment program, real estate has been the most popular route. You can get Turkish citizenship when you buy a property worth at least$400,000 for you and your family.
Turkey is a beautiful and unique country with a lot of history, culture, and heritage. However, this country is well known for more than just its natural beauty. There are many investment opportunities available in Turkey for investors around the world. Investing in Turkish soil will certainly provide you with several other benefits. In addition, you should always check out the types of investment options available to you to choose the one that fits your needs and requirements.
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