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Turkey is a dynamic and growing G20 economy that links the east and the west in a unique way. In addition to being one of the world’s fastest growing economies, Turkey also supports international investors’ growth via a business-friendly agenda and through access to a large domestic market and neighboring international markets. Strong market fundamentals, such as a young and dynamic population with an average age of 32.4, a well-educated work force, increasing rates of employment over the years, a growing middle-class, and a unique geographical location, have all helped transform Turkey into one of the fastest growing OECD member countries. As ofend-2018, Turkey is the 13th largesteconomy in the world (GDP at PPP), with an average annual growth rate of 5.6 percent in the2003-2019 period
Turkey’s location, at the crossroads of Europe, Central Asia, and the Middle East, provides easy access to the European, Middle Eastern, North African, Central Asian, and Gulf markets. These markets comprise more than 1.5 billion people and account for a total GDP of USD 24 trillion. More than half of the world’s trade takes place within a four-hour flight radius of Turkey – a key reason why multinational companies have chosen Turkey as a strategicregionalhubfor theiroperations. I would also like to take this opportunity to remind you that Presidency of the Republic of Turkey Investment Office is not only the official organization for promoting Turkey’s investment opportunities to the global business community, but also a topnotch resource center featuring the most in-depth and up-to-date information on every issue related to Turkey. It goes without saying that our dedicated teams are more than willing to do the utmost to provide you customized guidance on a fully confidential basis. Finally, I would like toextend a special thanks to the team from JLL for sharing their expertise and market insight with us in contributingtothisguide. We hope this guide will benefit all those individuals and corporations who are interested in buying property and acquiring citizenship in Turkey.
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