Top Ten Reasons to Live in Turkey
- People are welcoming and friendly. The society is culturally diverse and the environment is safe.
- It’s easy to make new friends and learn the language.
- It’s reasonably cheap compared to other countries.
- Agriculture and textile sectors are the locomotives of Turkey’s economy: You can always get fresh food and fashionable clothes.
- There are good public transport options in large cities.
- Nature is excellent and you can experience four seasons at their best.
- Your children can get free and high-standard education in government schools and state universities.
- You and your family can have state-sponsored health insurance and get free medical treatment in state hospitals.
- Pension plans are available for all employees.
- Conveniently located at a place where three continents meet.
Top Ten Reasons to Invest in Turkey
- Young, dynamic, multicultural, well-educated population: The population is 81 million people and half of the population is under 32 years old.
- Successful economy: 13rd largest economy with an average annual GDP growth rate of 5.8%
- 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.
- 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.
- Infrastructure: Highly-developed technological infrastructure in transportation, telecommunications, and energy. Well-developed and low-cost sea transport facilities.
- 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.
- 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.
- 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
- Customs Union with the European Union since 1996: Accession negotiations with the EU. Free Trade Agreements with 21 other countries.
- Large domestic market: 62 million credit card users, 78 million mobile phone subscribers, 193 million airline passengers and 38 million tourist arrivals in 2017.