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Why Should I Invest in Turkey?

 Why Should I Invest in Turkey?

10 Reasons to Invest in Turkey

1. Economy in Turkey

With its stable and constantly growing economy, mega projects in the real estate sector and sector dynamics, Turkey seems to continue creating new opportunities for investors, providing added value and increasing its value in the future. According to research data, Turkey has the world's 18th largest economy and is expected to be among the world's top 15 economies by 2050.

2. Strategic Location

Turkey has a unique strategic importance between Asia and Europe. Turkey has easy access to 1.7 billion customers in Europe, Asia, the Middle East and North Africa. The Turkish passport is one of the 55 popular passports in the world. You can travel to many countries without applying for a visa.

3. Spectacular Climate

Being the center of different civilizations, Turkey allows different activities to be carried out simultaneously in different regions as it is located at the transition point of climates. You can find fresh fruits and vegetables in Turkey all year round. Many kinds of fruits and vegetables are grown in Turkey, which is an agricultural country.

4. Advantageous Payment Terms

The real estate sector in Turkey is investor-friendly as it provides a wide range of real estate suitable for every budget and offers easy payment terms. You can consider buying a property in Turkey for affordable prices and a profitable investment.

If you are in the project phase or want to buy a newly built house, you can also take advantage of installment payment plans ranging from 6 to 60 months. In some cases, this means that you have about 5 years to pay for your house, but you can move and sign the deed earlier. For first time real estate buyers, this option is a great opportunity with zero interest rate.

5. Low Cost of Living

No matter where in the world you are considering buying property, cost of living is an important factor in helping you decide. Considering the living conditions in Turkey, those who see that it is possible to reach high living standards at affordable prices may be surprised. We sampled the comparative data to give you an idea;

  • The cost of living in Turkey is 59.36% lower than the United States average.

  • Rent in Turkey is 87.04% lower than the United States average.

  • UK Restaurant Prices are 300.59% higher than in Turkey.

  • Market prices in Germany are 120.64% higher than in Turkey.

  • Finnish Consumer Prices are 171.09% higher than in Turkey. (excluding rent)

Of course, the costs may vary according to the city you live in, but for the middle and upper life segments, the above-mentioned differences will be felt very clearly in Turkey.

6. Transportation in Turkey

Thanks to more than 50 airports across the country, passengers can travel to most destinations in a very short time. It is extremely easy to reach big cities by road with developed highways.

7. Tourism

In Antalya, especially cultural tourism, sea, sports, health, winter, congress, plateau, cave, camping and faith tourism can be done, and there are facilities for these tourism options. According to tourism statistics for 2017, Antalya is the twenty-ninth most visited city in the world. Antalya hosted 13 million tourists only in the January - November period in 2022. This number in 2022 means the 2nd best number of tourists of all time. Described as the "capital of tourism" in Turkey, Antalya is home to many hotels in different categories. Especially the abundance of 5-star hotels in the city draws attention. According to 2017 data, there are 405 5-star hotels in Antalya and approximately 352.000 beds in these hotels.

8. High Investment Potential

Turkey was ranked 14th in the research that revealed the 25 most suitable real estate investment markets in 2020, surpassing countries such as Spain, Portugal and Greece. In addition, the 2020 Ease of Doing Business Report prepared by the World Bank has placed Turkey in the 33rd place among 190 countries. The main reasons for this increased interest are affordable prices, growing projects and a stable tourism market.

Turkey has a secure investment market that complies with international standards and offers equal service to all investors. In this system, where the priority is to protect the interests of investors, Turkey has made several changes to encourage foreign investment.

According to the data of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), 80,000 companies started operating in Turkey in 2019. 12,634 of these companies (approximately 15%) were companies of foreign origin. The most recent reports show that the investment rate in Turkey has increased by 9 times compared to the last 10 years.

9. Health System in Turkey

The most important feature that makes Turkey stand out is its health system. With the principle of "Everyone has social rights", public or private health services in Turkey are easily accessible and affordable by everyone.

Especially when private hospitals in Turkey are compared to Europe and North America, they are preferred by foreigners with their prices and high service quality. Health tourism in Turkey has developed thanks to this intense interest.

10. Becoming a Turkish Citizen by Investing in Real Estate

According to the new legal regulation published, Turkish citizenship will be granted directly to foreigners who buy real estate worth at least $400.000 in Turkey. If the conditions are met, it takes about 4-6 months for the citizenship approval to be approved. For detailed information and advantages about Turkish Citizenship, you can visit our Turkish Citizenship page.



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