Turkey has always offered numerous investment opportunities and a stable economic growth which still attracts the overseas investors. According to statistics, Turkey is the 17th largest economy in the world, with a GDP (gross domestic product) growth of about 3.8 % this year. Low taxes, a developed market, infrastructure and an excellent location are among reasons why foreign investors choose Turkey to set up all types of businesses.
Our Turkish lawyers are ready to provide you with information and guidance if you are interested in making investments in the country. According to the latest statistics, Turkey is the 17th largest economy in the World.
Approximately USD 174.5 billion was the GDP reported in Turkey last year. In 2018, Turkey was the 7th most popular FDI destination of Europe. Around 34% of the foreign investments were directed to the finance sector in Turkey in 2021.
Turkey ranks higher on the list than many countries regarding the highly educated and competitive workforce it has. As of 2021, approximately 1 million undergraduates graduate from more than 200 universities every year. The workforce in Turkey experiences the biggest growth among the EU countries as it becomes more and more productive every day.
Compliant with international standards, the investment regulations encourage foreign direct investments and protect the rights of the investors. Various laws and implementations provide an environment where all investors share equal rights. Even though the country saw a decrease in foreign direct investments in 2021 due to the COVID-19 outbreak, the figures of the past 18 years illustrate an increase of approximately fifteenfold in the number of companies with international capital in Turkey. Particularly TURKEY has become a strong attraction center for foreign investors