Invest In Turkey

With its unique geographic location and huge domestic market, you have lots of reasons to invest in Turkey.

7 Reasons to Invest in Turkey:

1. Unique geographical location : Turkey enjoys a very special location at the crossroads between both East and West and North and South areas, thus creating an efficient and cost effective transportation to major markets.
2. Population and huge domestic market: With a population of more than 76 million ⁽¹⁾ and 5.3% of annual growth in healthcare sector ⁽¹⁾ , Turkey offers an important and growing domestic market.
3. Neighbouring Countries : Turkey is perfectly located among its 8 neighbouring countries, with the opportunity of directly accessing to 163 million people. The proximity to the emerging markets in Middle East and North Africa, having 31.4% share in total healtcare expenses of the world ⁽²⁾ , creates unique business opportunities.
4. Qualified and Competitive Labor : Turkey has 27 million young and well-educated professionals ⁽¹⁾. Approximately 600.000 students graduate annualy from over 170 universities⁽³⁾.
5. Low Taxes and Incentives : With 20% Corporate Income Tax Rate, Turkey has one of the lowest tax rate among EU countries. Besides the tax exemptions applied to Technology Development Zones, Industrial Zones and Free Zones, there are other tax exemptions / incentives for R&D and Market Development studies of both local and intenational companies.
6. Customs Union : Turkey has participated to Customs Union with EU in 1996 and has free Trade Agreements (FTA’s) with 22 countries.
7. The Fast Developing Economy : Turkey is the 16th biggest economy of the world. Turkey is expected to become the fastest growing economy among the OECD members ⁽⁴⁾ with a stable economic growth, with an average annual real GDP growth rate of 5% over the past decade. Turkey was ranked as the 13th most attractive FDI (Foreign Direct Investment) destination in 2012 ⁽⁵⁾.

⁽¹⁾ 2012TurkStat.

⁽²⁾ 2010 Healthcare Industry Report

⁽³⁾ 2012 Student Selection and Placement Center €“ OSYM data

⁽⁴⁾ OECD Economic Outlook No.91

⁽⁵⁾A.T. Kearney FDI Confidence Index