It is noted that the Turkish government has made great efforts to influence foreign investors and that the incentives and facilities provided to them have attracted the interest of investors and businessmen around the world in the Real Estate Investment in Turkey and there is no doubt about that. It facilitates the purchase, sale and registration of real estate, making it one of the most competitive markets in the world. Last year, the Turkish real estate market sold a record 8,182 properties to foreigners in various countries.
First: Government facilities and incentives for investors
The Turkish government has provided a lot of support and incentives to foreign investors when buying Property in Turkey, and has enacted a law granting Turkish citizenship by Buying Property to foreign buyers when buying real estate worth 250 thousand dollars. Acquire the property and speed up the process of searching for a buyer’s address.
Second: Continuous development in the investment environment
The Turkish government is taking additional steps to improve the investment climate, manage transactions and financial services, accomplish business transactions more professionally, reduce the costs of setting up a company and facilitate purchases, and Real Estate Investment in Turkey plan ahead with a purpose. It also reduces the need for buyers from one office to another by collecting information in a database for sale in the real estate sector. All of these objectives are to protect the rights of investors and thus create a better investment environment that improves economic conditions.
Third, a strong and growing economy
Economists emphasized that Turkey is already a safe haven for investors around the world as the Turkish economy continues to thrive and Turkey continues to thrive in the development process despite all the difficulties and political conditions, and the 2023 vision has begun. It supports many Real Estate Investment in Turkey and development projects. In addition, Turkey’s exports from agriculture, arms industry, textile industry and other sectors exceeded 20 billion last year.
Fourth, the tourism sector is booming
Tourism is still one of the largest and most important sectors affecting the Turkish economy, which makes Turkey the first tourist destination in the world and its cultural touch that distinguishes it from other cities in the world. Several shopping centers that house the finest restaurants and cafes, as well as international brands and entertainment venues.