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Turkey has been an attractive destination for foreign investors for many years. In 2021, the country ranked first among European countries in terms of the number of foreign direct investments. As of December 2022, 33.2% of Turkey's nominal GDP is represented by investments from abroad. In total, between 2003 and 2023, international investors invested more than 250 billion dollars in the Turkish economy. Why is Turkey the best destination for foreign investors? Let's talk more. ● Advantageous geographic position Turkey has a strategic location at the crossroads of Europe and Asia, making it the center of global trade routes. A company based in Turkey has access to the common market in Europe, Central Asia, the Middle East and North Africa. The total volume of these markets is 26 billion dollars of GDP. Thanks to Turkey's advantageous geographical position, international companies are increasingly choosing the country as an export hub and moving their production here. ● A stable economy that actively develops The Turkish economy has been developing stably for more than 20 years. The State tripled its GDP to reach US$819 billion in 2021, against US$231 billion in 2002. Turkey's real GDP records annual growth of 5.6%. The Turkish economy is one of the fastest growing in the world. Due to its size, it is recognized as the third largest economy in Europe and the 11th largest in the world. The main sectors of the economy are production, construction and the sphere of services.
Turkey is a member of the G20, so the country has a significant influence on global economic processes. The State is also a member of the World Trade Organization (WTO), which means it has access to a vast network of trade agreements with other countries. The country has also signed free trade agreements with more than 20 countries, including the European Union, the United States and Japan. Furthermore, Turkey has a strong domestic market, supported by a rapidly growing tourism industry, which is the sixth largest in the world and attracts more than 40 million visitors per year. This factor creates new opportunities for i spam data nvestors in sectors such as hotels, real estate and retail. Qualified labor Turkey's population is 85 million people, of which 33.3 million are young, well-trained and motivated professionals. The literacy rate in Türkiye is over 95%. Compared to other EU countries, Turkey has the largest population of young people. Almost half of Türkiye's population is under 31 years old. Young Turks have a high level of training, with 800,000 specialists trained annually in more than 183 universities in the country. Currently, around 8 million students study at Turkish universities. ● Government support The Turkish government has introduced a series of economic measures to attract foreign investors - tax cuts, investment subsidies and free trade zones. The administration also offers a simplified process for opening a company in Türkiye.
In the World Bank's Doing Business 2020 report, Turkey ranked 33rd out of 190 countries in terms of ease of doing business. The Turkish administration provides a range of support services to businesses: financing for training workers and staff, business consultancy and assistance in setting up activities in the country. Investors benefit from tax advantages: reduced corporate tax rates, exemption from value added tax (VAT) on equipment and machinery imported for investment projects, exemption from customs duties on raw materials imported for production. ● Highly developed transport system Turkey has a well-developed transport network, with a modern motorway system, an extensive railway network and well-developed sea and air transport. Turkish Airlines is one of the ten largest airlines in the world and operates flights to most countries in the world. ● Possibility of obtaining Turkish citizenship in exchange for investment Turkey's "Golden Passport" program offers an investor the possibility of obtaining citizenship of the country in exchange for a contribution to the country's economy worth $400,000 or more. Typically, the process of obtaining a document takes 6 to 8 months. There are five types of investments available in Turkey: purchasing real estate, government bonds or investment fund shares, depositing in Turkish banks or creating a company. Three years after obtaining citizenship, the foreigner can return the investment.
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发表于 2023-10-7 17:49:06
