Top 10 Investment Sectors in Turkey
Investing in Turkey is one of the best options for investors from all over the world due to Turkey’s strategic location and great returns.
The best investment options for foreigners in Turkey that offer high returns and are known as the most profitable investments are:
1- The real estate sector in Turkey
You are entitled to obtain Turkish citizenship by purchasing real estate in Turkey worth $250,000, which has raised real estate and housing sales in the country. When you buy any type of real estate such as apartments, detached houses, villas, commercial units, shops, offices and land valued at $250,000, you will get the right to Turkish citizenship. Also by buying a property for less than this price, you can get a residence permit in Turkey which will make it easier for you to come to Turkey without the need for a visa.
You can buy three or two apartments with a total value of $250,000 and give them to rent. Especially in cities like Istanbul, Bodrum, Mugla, and Antalya which are characterized by high rents so you will have high returns on investment.
2- Information technology
Turkey has a very advantageous location for investment, especially for investors who want to invest in software development, biotechnology, nanotechnology, and electronics. Although there are many domestic and foreign companies operating in the IT and technology sector, there are still many gaps and opportunities in the market provided by this sector.
3- Istanbul Stock Exchange
The Istanbul Stock Exchange market fluctuates frequently and is exposed to higher risks than the real estate sector. But with the right moves, the Istanbul Stock Exchange offers high returns to investors.
4- Forex
The biggest difference in the forex market from markets like the stock market is that it can be traded in two directions. for example; To make a profit in the stock market, the investor must first purchase this product. In forex, you can buy and sell the product you want with your guarantees.
5- Textiles and clothing
The Turkish textile and clothing industry has a lot of advantages; The offered quality advantage, the richness of raw materials, the fulfillment of special requirements, the flexibility, and the position of Turkey in relation to the great demand of Europe and the Middle East. This is why the textile market will always remain vibrant and attractive to investors.
6- Energy and natural resources
The energy sector is very important in terms of the endless implementation of almost all economic activities and investments in Turkey. In this context, the sector shows Turkey’s interest in this field, while offering intensive incentives to investors in energy and natural resources. About $2 billion is invested in the energy sector in 2020.
7- Environment and recycling
Turkey will support domestic and foreign investors in recycling by reducing value-added tax, customs duties, privatization investment, interest subsidies, tax reduction and many other forms of support. For a smart investment in Turkey, this sector is also a good option for investors.
8- The health sector
Since there have been significant developments in the health sector in the past ten years, Turkey has become the focus of foreign investors’ attention. Rapid population growth as a result of the developing economy has led to higher spending in the health sector. For this reason, interest in health centers, polyclinics, and hospitals has increased, and this situation has drawn the attention of potential investors to invest in Turkey.
9- Tourism
Tourism in Turkey is one of the most important sectors of the country’s economy. Turkey is a world-famous tourist area with its UNESCO-protected historical and natural areas and its many beaches. Hundreds of thousands of tourists coming to the country every year are foreigners who are satisfied with the services provided and come to invest in Turkey. The tourism sector is getting stronger with the support of foreign investors.
10- Investing in gold or silver
Precious metals investments are showing consistent performance in the global economy. Just like in the Istanbul stock market, having experience and knowledge in this sector is important when investing. Gold always takes first place in investment rankings.