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Here is a quick guide about why to live or invest in Istanbul or all around Turkey. Recently, investors coming from Middle East and North Africa are getting more attracted and interested in buying property in Istanbul and all around the country as a result of the political unrest in their own countries pushing them towards Turkey. From 1 bedroom apartment to 3 bedroom flat in Istanbul or cheap villa in Kusadasi to luxury flat in Antalya, Turkey has a wide range of property options for overseas buyers. Specialists say that the popularity of Turkey is not new but now there’s a huge acceleration with the new property law in Turkey which provides an easy property investment process for foreign investors. Turkey’s economic growth and a stable government animate investors to consider the country a good one to invest. Turkey and GCC countries share a lot of cultural, historic and religious similarities and connections that make Arabs become really interested in Turkey. Also, the Turkish soap operas played and widely watched in the Middle East attract many wealthy people looking for a luxury lifestyle with a property investment in Turkey.
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?10Reasons to Live or Invest in Turkey
The recent reciprocity law removed restrictions on Title Deed (Tapu)
acquisitions by Middle East, GCC, Azerbaijan, Iran and other formerly
restricted nationals. These countries and several other countries are
now able to purchase property in Turkey by the approval of the reciproc-
ity law by Turkish President. The new law, which allows non-reciprocal
country citizens to acquire freehold title deeds to their names.
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People living in Turkey enjoy a high quality of lifestyle. Food is nice and
fresh. The history is amazing. People are really welcoming and friendly.
There is always summer and sunshine 340 days in a year in south Turkey.
In summary Turkey is the place to live and place to invest.
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18th largest economy in the world and 7th largest economy compared
with the EU in 2011 (GDP at current prices, IMF WEO).
3
Booming economy; more than tripling its GDP, reaching USD 772 billion
in 2011, up from USD231 billion in 2002.
4
A dynamic and mature private sector with USD 135 billion worth of exports and an increase of 275 percent between 2002 and 2011 (TurkStat)
5
A population of 75 million (2011). Largest youth population in Europe.
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Highly suitable investment conditions, around 30,000 companies with international capital. Strong industrial and service culture.
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Easy access to 1.5 billion customers in Europe, Eurasia, the Middle East.
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More than 70 percent of the world’s energy resources are located in the south and the east of Turkey, while the largest energy consumer, Europe, is located to the west of Turkey.
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Access to multiple markets worth USD 25 trillion of GDP and North Africa.
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