Spectacular history, culture, nature and a suitable climate make Turkey an ideal destination for many expats. We all realize that having a healthy and happy life during the global pandemic is more important than ever, and Turkey has been very successful in dealing with all the current challenges that are affecting all walks of life in countries around the world. This has attracted the attention of people all over the world.
Countries are competing to introduce new policies and amendments to help their economies attract hot money, and these laws are always in favor of investors. This is the case with many countries in Europe, Asia, and America. Whether it is offering a residence permit in the country, citizenship, or tax reductions… These policies and laws vary from country to country, and combined with other attractive factors, it becomes more difficult for overseas investors when choosing a country to invest in. There
are many factors to consider when evaluating which country to invest in:
– Natural factors, namely geographical location and climate, which affect the average lifestyle and tourist environment.
– Historical and cultural factors
– Social and religious factors
– Economic base.
When it comes to Turkey, it has all of these qualities and advantages. It is a large country with 783,562 square kilometers and many coasts in different seas, which means that Turkey has great diversity in tourism, agriculture, and industry compared to most European countries. Due to its location in the Eurasian continent, Turkey’s natural environment is not much different from that of Europe, but the climate is better. In addition to its developed infrastructure and lifestyle, Turkey also has an excellent culture that combines historical heritage and geographical location.
In 2018, Istanbul ranked ninth among the most visited countries in the world, surpassing Berlin, Barcelona, Rome, Los Angeles and other important tourist cities.
Compared with EU countries, real estate prices in Turkey are much lower and the quality of construction is world-leading. The price per square meter of the Turkish real estate market is much lower than that of European countries. In addition, the cost of living in Turkey is also lower than that of EU countries.
Convenient transactions and bureaucracy! The buying and selling process in Turkey is very simple and does not require a lot of paperwork and time. It can be completed in just one day.
Foreigners can obtain a residence permit after purchasing a property in Turkey. The property residence certificate is issued to the property owner and his family members and is renewed every year. Investors with an investment value of $250,000 are entitled to direct citizenship.
In short, Turkey has many attractive factors, including a suitable climate, a growing economy, a strong real estate market (which continues to grow despite various challenges experienced globally), tourist and historical attractions that attract tourists from all over the world… All of which make it an attractive and profitable option for investment or building a new life.
