Why Should You Invest in Turkey?

Turkey is an attractive country for foreign investors with its important geopolitical position, cultural richness, natural beauties, infrastructural efficiency, and active touristic atmosphere. With the stable and growing economy that is achieved by consistent and successful policies, Turkey continues to offer new opportunities to investor from all around the world, especially in the real estate sector. There is no doubt that Turkey will provide its investors with added value.

How to Get Turkish Citizenship by Investment in Turkey?

With the recent changes in the Turkish Nationality Law, it is now much easier to get citizenship by investment in Turkey. Now, the foreign investors are required to invest a minimum of $500,000 fixed capital to acquire a second passport from Turkey. Also, investors may choose to own real estate that is worth a minimum of $250,000. If the applicant chooses to deposit their money into a Turkish bank, the lower limit for this option is $500,000. Finally, the applicant may choose to employ 50 people in Turkey to pursue Turkish citizenship. The period requirement for these financial criteria is 3 years. So, the foreign investors should continue the minimum limit of their investments or hold onto their properties for at least 3 years to be able to get the Turkish citizenship by investment.

Geographical Advantage for Investors

Turkey, famously, is a natural bridge between Asia and Europe. Being at the crossroads of Europe, Asia and Africa through Mediterranean Sea, Turkey’s geography is a gold mine for foreign investors. Turkey is an essential transport corridor that reaches also to Middle East which is a popular trade market.

Also, as of the end of 2016, Turkey’s population almost reached 80 million people with an average age of 31,4. This statistic makes Turkey a young country with a large work force.

Economical Safety

Turkey has been going through some economic and political issues in the recent years, but the real estate sector has always managed to sustain its growth through hardships. Sustaining the growth in spite of all the negative events that took place in Turkey in 2017 constitutes a proof for the trust in the real estate sector and the stability of the Turkish economy.

Thanks to its geographical and demographic advantages, lots of foreign investors choose to base their manufacturing facilities in Turkey. Also, the country managed to sustain a rate of growth averaging 5,6 per cent in the last 15 years. According to OECD’s predictions, Turkey will be one of the fastest growing economies through 2015 and 2025 averaging a 4,9 per cent growth.