Top Investment Tips in Turkey

Thanks to the years-long experience accumulated within the Turkish property market, and by virtue of the experience gained from the bottom through good customer dealings, the important estate experts at the real estate company offer the foremost important advice to investors in Turkey, follow the main points with us.

The Most Important Investment Tips in Turkey for Brand New and Old Investors

After practical experiences have proven that investments within the land sectors are the most effective option for foreign investors in Turkey, we at Property Superiors invite all investors, both old and new, to induce at home with the investment guide in Turkey, and to enter into such These sorts of assets investments, or working to develop their projects, and promote them to succeed in the biggest possible profit.

But before starting into any project or trying to find ways to develop and modernize investment projects, you want to follow some tips for investing in Turkey, which is able to lead you to the correct path, and produce you abundant profits:

1. Invest in Profitable Areas in Turkey

Real estate is one amongst the foremost profitable investment tools in recent years, and it's the safest and easiest method to attain profits and develop wealth, especially since the increase in assets prices in Turkey during the past few months constitutes a golden opportunity for property investment.
In this context, some assets reports in Turkey indicate a rise in assets prices by almost 40%, during only August of the year 2020, and great demand by businessmen for assets investments in various Turkish states.

Usually, assets experts in Property Superiors recommend investing in Turkey through the real estate sectors, as realty is one amongst the investment plans that generate an outsized return on profits, and therefore the best decision for successful investments in Turkey.

When checking the statistics within the Turkish assets market you’ll find that an outsized percentage of foreigners value more highly to invest in land of every kind, whether buying apartments, commercial offices, villas, and other styles of realty, and this confirms an outsized extent those opinions that were issued by land consultants in Property Superiors Company.

2. Work Legally: Establish a Corporation in Turkey

Establishing an organization in Turkey and dealing through legal methods allows foreign investors to learn from the facilities provided by the Turkish government, which successively enacted many laws that are within the interest of investors, and allowed foreign businessmen to determine every kind of companies on Turkish territory.

Establishing an organization in Turkey is one among the important tips that investors can add Turkey, because it doesn't take long within the incorporation process, but it needs people with experience in Turkish laws, so as to avoid committing violations and paying financial fines.

Based on the accumulated experience of the many years in Property Superiors, we advise all valued clients who wish to open a corporation in Turkey through legal means to supervise its establishment by lawyers who have sufficient experience in government transactions and are able to speak Arabic so they will conduct all the specified procedures in an exceedingly legal manner.

In addition to lawyers, an accountant must be used to manage the financial matters within the company. The presence of the accountant may be a prerequisite for establishing companies in Turkey, and also the legal accountant is that the person approved by state institutions to represent the corporate before them, as his job is to receive invoices, expenses, and purchases of the corporate, and register them with the Turkish state’s departments.

3. Choose the Proper Place to Start Out Your Investment

Choosing the correct place is that the start line for your investment project. The place plays a significant role in determining the success or failure of the project. Therefore, Property Superiors Group, the leading company within the assets market in Turkey, works to guide investors to settle on the most effective places that guarantee the success of the investment project.

Therefore, choosing the proper place for investment relies on several criteria that has got to be taken into consideration by the client, the foremost important of which are:

• Choosing an important state that witnesses an enormous turnout from investors and tourists, and includes an outsized commercial and tourist movement to be the headquarters of the corporate, like Istanbul, Antalya, and Ankara.
• Proximity to service centers and government institutions.
• Choosing an easily accessible location, and also the presence of a various network of public transportation near the project location.
• Choosing the situation of the project near the shopping malls that attract tourists, and within a building that contains car parking.
• Choosing the correct decoration for the work requirements.
• Providing good ventilation and lighting for workers within the workplace.

 

4. Like Government Support Provided to Investors

This stage in Turkey is taken into account one in all the golden stages for investment and project creation in various fields and sectors, thanks to the nice facilities provided by the Turkish state to foreign investors, so those wishing to take a position in Turkey should seize this chance and work to ascertain their investment project before it's too late.

We can review the foremost important government facilities provided to foreign investors through the subsequent points:

• The Law on Reciprocity was amended in 2012 which allowed many foreign nationalities to possess and invest in property in Turkey.
• Amending the chief regulations of Turkish citizenship laws in late 2018, and per these amendments, the worth of the property that guarantees its owner obtaining Turkish citizenship has been reduced from $1 million to $250,000.
• The minimum monetary fund, which is one among the fastest ways to get Turkish citizenship, has been reduced from $3 million to $500,000.
• The minimum requirement to get Turkish citizenship by employing Turkish citizens has been reduced from 100 employees to a minimum of 50 employees.
• Exemption from excise tax in Turkey, which concerns foreign investors not residing in Turkey. it's known that VAT in Turkey varies between 1% to 18% of land sales, and due to this exemption, foreign investors can have the benefit of a tax exemption in Turkey and save an outsized amount of cash when investing in realty in Turkey.
• Getting the real estate appraisal document, which contributed to easing cases of assets fraud significantly, as this document is now issued by specific institutions by the Turkish government.

5. Be an Element of the Businessmen’s Community in Turkey

Try to be a part of the businessmen's community and forums in Turkey, in order that you're at the guts of developments associated with investments, and find out about the challenges posed within the Turkish markets.

When meeting with businessmen in Turkey through the forums organized by certain parties, create many opportunities to determine investment projects, study various commercial activities, open up new horizons for your goals, and develop innovative mechanisms and solutions to the issues before your projects.

6. Confirm to Attend Conferences and Trade Fairs

Make sure to attend conferences and trade fairs provides you with opportunities to seek out customers in an exceedingly large proportion, and guarantee you the establishment of a large network of relationships that are useful in promoting your projects.