The 4 most ideal sectors to Invest in Turkey. – Turkey is a country constantly developing and it has formed new business spaces. Turkey is an ideal country to invest in. Moreover, incentives that are provided to foreign investors, tax breaks, conveniences like free land allocation also makes it attractive to invest in Turkey. Let’s take look at the most profitable investment areas that can be invested as of 2021 in Turkey.
Informatics and Technology
Eurasia is a very attractive country for people who want to invest in software development, nanotechnology, biotechnology, and electronics. Actually, there are many domestic and foreign companies in Turkey in these areas. However, we would like to point out that there are still big deficits and untouched opportunities in this area.
Construction and Real Estate
The construction and real estate sectors are the soul of the Turkish economy. In particular, thanks to a growing population and urban renewal projects across the country real estate and construction sector is lively in Turkey. Therefore, we can say that the construction and real estate sectors will be attractive options for investors for a long time. There is no requirement for a residence permit to purchase real estate in Turkey by foreign investors. Turkish citizenship rights are also granted to investors who purchase real estate worth at least 250.000 dollars.
Textile and Clothing
Turkey has advantages such as quality, raw material richness, and meeting special demands it offers in the textile and ready-to-wear sector. It also has many advantages, such as geographic proximity to regions with high demand such as the European Union and the Middle East. Therefore we can say that it would be appropriate to invest in the textile and ready-to-wear sector in Turkey.
Renewable Energy and Natural Resources
Ideal sectors for those who want to invest in Istanbul. – The energy sector is very important in terms of the smooth running of almost all economic activities. In this respect, it is expected to make an investment of 130 billion dollars to close the deficit in the energy field of Turkey. The great importance it attaches to this sector can be understood from the comprehensive incentives it offers to people who will invest in the field of energy and natural resources. There are incentives that investors can benefit from in the fields of hydroelectric energy, wind energy, solar energy, natural gas, bioenergy, and geothermal energy.