Top Ten Reasons to Live and Invest in Turkey

Top Ten Reasons to Live in Turkey

  1. People are welcoming and friendly. The society is culturally diverse and the environment is safe.
  2. It’s easy to make new friends and learn the language.
  3. It’s reasonably cheap compared to other countries.
  4. Agriculture and textile sectors are the locomotives of Turkey’s economy: You can always get fresh food and fashionable clothes.
  5. There are good public transport options in large cities.
  6. Nature is excellent and you can experience four seasons at their best.
  7. Your children can get free and high-standard education in government schools and state universities.
  8. You and your family can have state-sponsored health insurance and get free medical treatment in state hospitals.
  9. Pension plans are available for all employees.
  10. Conveniently located at a place where three continents meet.

Top Ten Reasons to Invest in Turkey

  1. Young, dynamic, multicultural, well-educated population: The population is 81 million people and half of the population is under 32 years old.
  2. Successful economy: 13rd largest economy with an average annual GDP growth rate of 5.8%
  3. Qualified and competitive labor force: Over 30 million working professionals. 800 thousand people graduate from universities and 1 million students graduate from high school every year.
  4. Liberal and reformist investment climate: Highly competitive investment conditions welcoming Foreign Direct Investment. Average time to set up a company is 6.5 days. The trade and commerce are open to international arbitration.
  5. Infrastructure: Highly-developed technological infrastructure in transportation, telecommunications, and energy. Well-developed and low-cost sea transport facilities.
  6. Central location: A bridge between East-West and North-South axes. An efficient and cost-effective outlet to major markets. Easy access to 1.7 billion customers in Europe, Eurasia, the Middle East, and North Africa.
  7. Energy corridor and the terminal of Europe: Located at close proximity of more than 70 percent of the world’s energy reserves, while the largest energy consumer, which is Europe, is located right to the west of Turkey.
  8. Low taxes and incentives: Corporate tax is 22%. Tax benefits and incentives in Technology Development Zones, Industrial Zones and Free Zones. R&D and Innovation Support Law. Incentives for strategic investments, large-scale investments, and regional investments
  9. Customs Union with the European Union since 1996: Accession negotiations with the EU. Free Trade Agreements with 21 other countries.
  10. Large domestic market: 62 million credit card users, 78 million mobile phone subscribers, 193 million airline passengers and 38 million tourist arrivals in 2017.