How Can I Invest in Turkey?
Turkey has emerged as a center for development in the past decade with its development and economy growing progressively due to the positive gains observed in multiple business sectors. The energy sector, as well as the steel industry, has shown promising results that have established Turkey as a strong exporter in not just the European market but also in the global trade scenario. To further this growth, the real estate sector, too, has got some serious potential which can be yielded if only the investors do not waste their time.
With these attractive prospects for investment, how can get started with investing in Turkey to grab their share of the market to make good profits? Hence, the following information will guide you through the ways by which you can invest in Turkey that will also help you gain other prominent benefits.
How to Invest in Turkey?
Starting off, it’ll be ideal for you to get in touch with Turkish Expats and Turkish Consulates to learn in detail about the various ways you can invest in Turkey. However, that’s not all. You see, with the FDI stock achieving USD 165 billion in 2019, the sectors that primarily saw major investments were the finance, manufacturing, and energy sectors where the Netherlands had the largest share followed by the economic giant that is the US.
This means that more investors are eyeing those three sectors along with the real estate sector which is on the rise especially after the rates of the Turkish Lira saw a decline thereby making the cost of living low.
The investors are not only provided freedom of establishment but also could practice acquisition of landholding which will grant them opportunities to request specific authorizations. Paired with the Investment Aids also provided by the Turkish government to boost the economy of the various parts of their country, one can surely be certain of positive and consistent growth in whichever primary sectors they choose.
Additionally, while the Media and Transport sectors are monopolistic, the Agri-food, Telecommunications, Automotive, Packaging, and Industrial subcontracting sectors are, however, hold high potential for investment.
What Kind of Investment You Must Do in Turkey?
You can learn more about investment in Turkey by either visiting the country and holding meetings with the pre-established chairman of various industries about pooling in your capital into their firms or you can also buy real estate and develop the land for commercial purposes.
Either way, conduct your research and get in touch with the government officials to assist you better beyond scouting the opportunities yourself.