Real Estate in Turkey 10 Reasons to Invest in Turkey | Page 2
possibility of reviewing international courts and tribunals to solve the intractable problems
facing foreign investors. It also increased Turkey's appeal to foreign investors.
Infrastructure:
One of the main reasons for foreign investors to invest somewhere is to provide the necessary
infrastructure for investment and to reduce the cost of transportation. If we look at the basic
infrastructure, such as transport, communications, energy, and technical infrastructure, Turkey
has seen a boom this has made Turkey a center for attracting foreign investors. The briefing of
three seafarers in Turkey has provided them with very cheap maritime transport, in addition to
its connection with Central and Eastern Europe with a network of railways.
Central Location:
Turkey's central location linking Asia and Europe has historically made it a natural bridge
connecting the two continents. Turkey has, through its location, embraced many commercial
routes linking the East and the West. Today, Turkey enjoys a sensitive strategic location to reach
more than 1.5 billion people in each Asia, Europe and Africa, and it is the most reliable transit
point in trade relations.
Europe's largest power plant and terminal:
Turkey plays an active role in the energy transfer between Asia and Europe. It contributes to the
transfer of energy from east to west and the transfer of funds from the west to the east. On the
other hand, 70% of the world's energy sources are spread in Turkey and surrounding countries is
an important center for the transfer of energy to Europe, which is one of the most important
stations of energy consumption in the world.
Low taxes and stimulus potential:
In order to encourage investors to invest in Turkey, the institutional profit tax applicable to
foreign investors has been reduced by 33% to 20%. In some cases, foreigners are exempt from
this tax in whole or in part. Investors are also encouraged in some areas allocated by the State
such as land allocation and other incentive policies.
Membership in the European Customs Union:
The European Customs Union, which aims to increase economic activities and offers. Turkey has
been a member of this customs union since 1996, and there are 20 free trade agreements
between the parties to this union. These trade relations are increasing day by day through the
signing of new agreements.
Large indoor markets:
According to data from the Turkish Statistical Institute, from 2002 to date, the number of
Internet users has increased from 100,000 to 33 million, the number of mobile users from 23
million to 70 million, the number of borrowers from 16 million to 58 million, In addition, the
number of mobile users has increased from 33 million to 131 million. The number of foreign
tourists coming to Turkey from 13 million to 40 million tourists annually shows that Turkey has a
large domestic market.