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Why Invest İn Turkey

Why Invest in Turkey

Turkey serves as a bridge between the East and West, North and South axes.

WHY INVEST IN TURKEY?

Located at the crossroads of two continents, Turkey serves as a natural bridge between East and West, as well as North and South. This strategic position provides significant advantages in logistics, trade, and workforce accessibility, making Turkey a strong and cost-efficient investment hub for global markets.

Thanks to its geographical advantage, Turkey offers rapid access to a population of approximately 1.5 billion people across Europe, the Middle East, North Africa, and Central Asia, representing a market value exceeding USD 20 trillion. Surrounded by seas on three sides and supported by continuously developing railway and highway networks, Turkey benefits from highly integrated transportation infrastructure. Turkish Airlines operates flights to over 300 destinations in 185 countries, further strengthening passenger and cargo transportation and supporting commercial activity.

Turkey’s railway network spans approximately 11,000 km and continues to expand through modern, well-planned government reforms. The highway system, covering nearly 383,000 km, is another key advantage for businesses operating across the country.

Turkey is also Europe’s third-largest country in terms of qualified workforce. Its young and dynamic population plays a crucial role in workforce growth and productivity, positioning Turkey competitively in global labor markets. Between 2003 and 2008, Turkey achieved record economic growth, rising from the 18th largest economy in 2003 to the 13th in 2018.

Today, Turkey continues to offer strong investment opportunities supported by stable economic growth, attracting international investors. According to recent data, Turkey ranks as the 17th largest economy in the world, with an annual GDP growth rate of approximately 3.8%. Favorable tax structures, a developed domestic market, advanced infrastructure, and a strategic location are among the key reasons foreign investors choose Turkey for business ventures.

Turkey’s investment regulations are fully compliant with international standards, encouraging foreign direct investment while protecting investor rights. Equal treatment for domestic and foreign investors is guaranteed by law. Despite a temporary decline in foreign direct investment during the COVID-19 period, data from the past 18 years shows a nearly fifteenfold increase in the number of companies with international capital operating in Turkey. Today, Turkey remains a powerful attraction center for global investors.

THE BEST WAY TO OBTAIN TURKISH CITIZENSHIP & PASSPORT

With the increasing interest in purchasing property in Turkey valued at USD 400,000 or more to obtain Turkish citizenship, many investors have questions about the process. In this section, we outline the steps clearly and transparently.

Once the property is registered in your name, your lawyer oversees the legal process to ensure that a three-year no-sale annotation is properly placed on the title deed, as required for citizenship eligibility. After the title deed transfer is completed, the documentation is submitted to Ankara to initiate the citizenship application process.

TURKISH CITIZENSHIP PROCESS

After the title deed is issued, your lawyer ensures that all legal procedures, including the required annotation, are completed correctly. You will then attend the Foreign Investors Office with your lawyer, where you will receive an investor residence permit. Following this, all remaining documentation—including certified translations—is finalized.

Within approximately 3 to 4 months, your Turkish citizenship certificate is issued by the Turkish Population Directorate. From that moment on, you officially become a Turkish citizen.

DOCUMENTS REQUIRED FOR TURKISH CITIZENSHIP

  • Birth certificate (official translation, Ministry of Justice & Foreign Affairs approval, Turkish Embassy approval)

  • Marriage certificate (if applicable, with official approvals)

  • Original passports

  • Property title deed with a minimum value of USD 400,000

  • Property valuation (expertise) report

  • Proof of payment

  • 6 biometric photos per person

  • Power of Attorney issued to a Turkish lawyer

TIMEFRAME FOR OBTAINING TURKISH CITIZENSHIP

The citizenship process typically takes 3 to 4 months, following these steps:

  1. Contract signed with a lawyer

  2. Preliminary approval (3–4 weeks)

  3. Issuance of investor residence permit (within 1 month)

  4. Citizenship and passport delivered to your registered address within a maximum of 2 months thereafter

TURKISH PASSPORT ADVANTAGES

Turkey ranks 39th globally in passport strength. Turkish passport holders can travel visa-free or with visa-on-arrival to 115 countries, including Qatar and many South American nations. For an additional 44 countries, visas are issued upon arrival.

Holding a Turkish passport offers significant advantages for international travel, business operations, and global mobility—making it a valuable asset for investors worldwide.