Invest in Turkey |
| Europe property market - Turkey | |
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The World Trade Organisation considers Turkey to be one of the most dynamic countries in Europe. With its wonderful climate, charming towns and villages, golden beaches, wealth of history and friendly, hospitable people, Turkey is becoming increasingly popular for foreigners buying homes in the Mediterranean. It's also a vibrant, thriving country which is proving to be an important new market for both British and international companies. Sony Ericsson has recently opened a new centre in Istanbul and many more businesses are recognising the potential of this emerging country and opening offices in Turkey. What's more, with the country expected to join the European Union in 2012, there are more people than ever looking to buy property in Turkey and therefore the potential return on investment is enormous. Last year alone, property prices rose by around 50%. The extra demand is sure to push prices even higher in the next few years. Investors who buy now can enjoy the benefit of an investment that should soon increase in value. Strategically situated - Turkey is close to Central Asia, the Middle East, North Africa and the European markets. Double Taxation - Agreements between Turkey and 39 other countries to promote and protect mutual investments. Liberal - A very liberal investment climate, including free (international) movement of capital, profits, dividends and salaries, free-trade zones and subsidies. EU membership - With progressive alignment with the main policies and standards of EU, Turkey is expected to join the EU in 2007 which should push property prices even higher. Tourism - In recent years, Turkey has become a major tourist destination in Europe. With the rapid development of both summer and winter resorts, more and more people from around the world cane to enjoy the history, culture, and beautiful sites the country has to offer. Emerging Market - A rapidly growing emerging market of 67 million people. Membership - A member of many multinational institutions (UN, NATO, OSCE). Globally competitive and diligent workforce Low unemployment - Having a young population and high quality standards of education, the unemployment in Turkey is well below the current EU average of 11%. Healthy Economy - Healthy economic growth is predicted in 2005, thanks to the economic reforms of the Turkish government. Like what you read? Digg it. Tag it. Share it. Other projects and articles of interest |
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