Investing in a foreign country requires extra steps compared to investing in your own country. As in your country, you are well aware of the laws, risks, government plans, and other factors. But when it comes to investing in a foreign country, it is a whole different plan. And you do not want to be surprised by something you never thought of during investing in Turkey process.
Although the Turkish government provided a lot of platforms for leading the foreign investment in Turkey, for example, by the law enacted in 2022, the Turkish government provided citizenship to house purchases of over $400.000. Still, there is plenty of research to be done before investing in Turkey.
Bari Global, Turkey’s most reliable investment consultancy company, presents you:
5 Things to Keep in Mind to Invest in Turkey
We will look at facts and ideas aimed to help you in your future investment in Turkey so you can make your final decision.
In this article, we will be discussing the 5 things that every foreign investor must know before investing in Turkey!
Define Your Goal: Why Investing in Turkey?
Before taking any actions or making a decision, you should define your goal for your investment. Wise investors try to list the advantages and risks involved in every investment they will make.
In this case, you can have multiple goals to make the best investment in Turkey. For example, maybe you want to start a business in Turkey with the available low-cost workforce, or you can take a low-risk approach to your investment by choosing Turkey real estate investment.
Best Suited Investment For You: Why Turkish Real Estate?
Considering Turkey's fast-growing economy and the investment encouragement programs of the Turkish government, the country's future looks bright, so here we come to the most important question: “Which sectors to invest in Turkey?”
Answering this question depends on your goals and your risk appetite. Here, you can take a look at our blog titled Which Sectors to Invest in Turkey to get a full detailed answer.
In conclusion, real estate investment is the most promising investment in Turkey right now since you can acquire Turkish citizenship by only investing at least 400.000$ in real estate and considering the attractive property investment Turkey market. It can be your short answer to the question above.
Find Expert Agency
As we have mentioned before, investment in a foreign country has its difficulties. But with the right agency, it is not that difficult. A trustworthy agency can guide you with the best options to invest in.
Bari Global is a real estate company with 30 years of experience in Turkey real estate investment providing Turkish citizenship for clients, which can help you throughout all of your real estate investment processes.
Not a single action must be taken before consulting legal and law experts, yet alone investing without knowing the legal knowledge of another country. Furthermore, you can always get free legal consultation through your investment process with our experts in Turkish law to make everything clear in your mind. Bari Global also provides other free-of-charge services that you can check in here.
Your Residency Status And Turkish Citizenship
Considering Turkish law and foreigner residency permits, acquiring Turkish citizenship is one of the most significant roles that may help you maintain your business and investments. That is one of the main reasons other than investment return rate and rental demands that make purchasing a property attractive in Turkey.
Contact Bari Global And Start Your Investment Today!
With that being said the general rule of 'investing in assets, not liabilities' works in property purchases in Turkey, with its low risk, higher rental demands, best in class properties in Istanbul with low maintenance costs. Bari Global gathers for you in its exclusive portfolio, making it the most reliable investment consultancy in Turkey.
Frequently Asked Questions
1. Is investing in Turkey a good idea?
Turkey, with its young and skilled workforce and government incentive programs, seems to be an attractive choice to invest in this country
2. What is the best investment in Turkey?
Buying a property in Turkey seems to be the most promising investment. And the benefit of acquiring citizenship with property purchases over 400.000$ makes it an even more attractive choice to invest in right now.
3. How much should I invest in Turkey?
It depends on your own investment goal, but the benefits you can get with property purchases over 400.000$, like getting Turkish citizenship, make this kind of investment more appealing.
4. Is investing in Turkey good?
With the government encouraging incentives and a fast-growing economy, Turkey seems to have a bright future for your investments.