Turkey is now among the upper middle-income countries with a gross domestic product of $799.54 billion annually, which places it in seventeenth place as a global economic power and a distinguished country for investment. In less than a decade, Turkey has nearly tripled its per capita income, and now Turkey's per capita income exceeds $10,500 thousand annually. Turkey is also a member of the Organization for Cooperation and Development and the G20, and an important donor in bilateral official development assistance (ODA). It has also become a trusted source of high-quality consumer goods, and is now Europe's largest producer of television sets and light commercial vehicles. Turkish goods and products also pass into the German market due to their precision and distinctive manufacturing quality. Turkey is the world's eighth largest food producer and the sixth most popular tourist destination. Also, 43 of the largest 250 global construction companies are Turkish. Ten years ago the textile industry declined severely, but now it has become a well-developed industry and exports higher quality goods to Europe. The most important investments in Türkiye: 1-Investing in franchising: Franchise is a partnership in name and brand, and investing in a franchise is one of the most important investment steps in Turkey, due to the availability of many strong and successful brands that have been present in the Turkish market for years. 2- Import and export of cars: Exporting cars, their spare parts and accessories is considered one of the best areas for export from Turkey, as Turkey ranked first in the world in exporting cars to the European Union in 2016. 3-Jewelry and precious metals: The jewelry, precious metals, jewelry and gold design sectors are very vital sectors, whether in the local or foreign market, as Turkey’s jewelry exports amounted to about $3.3 billion in 2017, an increase of 60% over the last five years, in contrast to the local market. 4-Agricultural investment in Türkiye: Although the agricultural sector no longer shines as brightly as it did before due to the entry of strong industries and the boom in real estate and tourism activity, it remains the primary source of raw materials for all industries, and the government pays special attention to it and provides great support to agricultural investors in the Turkish regions. There are many vegetable and fruit farms, and animal farms (raising goats, cows, and birds) and the resulting production of dairy, meat, cheese, eggs, and their derivatives... and the important agricultural industries that are based on them. 5-Clothes, textiles and accessories: The art of textiles in Turkey goes back a long time and has influenced other civilizations such as the Arab, Persian, and certainly European civilizations in one way or another. 6-Tourism investment in Türkiye: Turkey is considered a tourist country par excellence, with enough areas, tourist attractions and resorts to attract tourists from all over the world, who go to visit many of its cities to learn about its heritage and tourist attractions (Antalya, Istanbul, Bursa, Trabzon, Mugla... and many other cities). . 7-Real estate investment: (one of the most important investments in Türkiye) Real estate investment in Turkey is considered the best type of investment in this period because of its positive aspects that are in the interest of the investor and bring him financial profitability. However, this type of investment has things that must be taken into consideration for the investment to be successful. Also, investment in the real estate sector is a diversified risk investment so that returns increase. The more risk there is Conditions for real estate investment in Türkiye: • Purchasing real estate with full title deed. • Choose the city according to the purpose of purchase, whether it is residence or investment, such as Istanbul • Verifying the specific percentage of foreign ownership of real estate in the city. • You must make sure to check the year of construction of the property. • The investor has legal procedures that enable him to own the property. • Verifying the condition of the property, whether old or new. • Choosing the right real estate agent. • The total area of the property should not exceed more than 30 hectares throughout Turkey in general. • The property must not be located in military or security areas, since there is a law prohibiting the sale of such properties to foreigners. • The property must not be mortgaged or subject to procedures that prevent its sale. • Verify whether the property owner has the right to dispose of his property or not. • Obtaining sufficient information from the real estate registry directorates before signing any contracts with legal characteristics, as well as paying the price. • Do not start the buying and selling process before knowing the real estate owners or companies responsible for that. Why is investing in real estate considered one of the best types of investment in Türkiye: • The opportunity to obtain Turkish citizenship and benefit from the Turkish passport • Because real estate investment is greatly affected by the country’s economy and political stability, and Turkey is the first and best candidate for real estate investment in the region. • Real estate is the largest growing and profitable sector in the world. • Investing in real estate achieves guaranteed results, far from adventures. • Real estate investment achieves the highest returns in Istanbul currently Advantages of real estate investment in Türkiye: Real estate investment in Turkey has received great demand from various nationalities, especially Arab ones. Because of its many benefits and advantages, starting with the distinguished profitable returns, and ending with obtaining the opportunity to obtain Turkish citizenship. Real estate investment in Türkiye If we compare the types of investments, we will find that real estate investment is the best. Because of its low loss rate compared to other sectors, such as investing in stocks or financial markets, which are exposed to the risk of loss at any moment. For a good real estate investment that is in the interest of the investor and gives him many advantages that every businessman aspires to obtain, real estate ownership in Turkey is the best option to achieve these desires, because of its satisfactory profitable returns, through leasing or reselling the property. What are the advantages of real estate investment in Türkiye? The main reason investors are attracted to real estate investment in Istanbul and other cities is the advantages it has that make it the best option for achieving a good profit margin. These advantages are summarized in the following points: • Obtaining Turkish citizenship for anyone who owns a property whose value exceeds 400 thousand US dollars. • The Turkish government continues to support the real estate sector and investors. • Türkiye's stability makes investment safe and ever-growing, which increases investor interest. • The diversity of investments in Turkey has opened the door wide for businessmen to own property there. • Earning a fixed and guaranteed monthly return from renting, or earning a good profit from reselling. • Capital appreciation or increase in the value of the property in the long term. • Türkiye’s exceptional location between the three continents of the world, Asia, Europe and Africa. • Türkiye enjoys a developed infrastructure in transportation, communications, and energy. Mistakes to avoid in real estate investment: Making a successful real estate investment requires avoiding making mistakes that may threaten your investment, and these mistakes can be summarized as follows: • Not checking the property well before purchasing it. • Believing real estate advertisements and not vetting them adequately. • Rushing to sell the property. • Falling into the trap of high bank loan interest. • False advertisements and offers Important tips for successful real estate investment in Türkiye: To achieve high profits and obtain satisfactory benefits, you must follow some conditions that make your real estate investment in Turkey a successful investment that meets the primary goal of making it, and these conditions are: • Purchasing real estate in areas witnessing growth and development. • Buying property near service, educational and medical centers. • Buying a property near the transportation network. • Consult experts in real estate investment before purchasing a property. • Dealing with well-known and reliable construction companies. • Selecting the appropriate space for the property. If you want to verify the application of all real estate investment conditions, you can request legal and real estate advice from the Catalia Real Estate team, which specializes in the Turkish real estate market, to obtain expert advice that will help the success of your investment in Turkey. Contact us now. There are also many investments, as Turkey is a country abundant with investment opportunities How to start investing in Türkiye: First, you must determine your budget, look at the Turkish business situation, determine your goal and field of investment, and consult an expert company in the field of investment that you desire. If you have the matters, plan, and goals prepared, you must start establishing a company in Turkey. Steps to establish a commercial company in Türkiye: - A copy of the passport translated into Turkish and certified by a notary public. - Obtain the company’s tax number by going to the nearest tax center in your area. - Deposit 25% of the capital value in the bank. - Three personal photos. The strong Turkish economy, strong infrastructure, and government support for these sectors have made investments in all fields profitable and successful projects, and Turkey has achieved global achievements and ranks at all levels. Catalia Real Estate Advice: It is possible to invest in the real estate sector for $400,000 and obtain Turkish citizenship At Catalia Real Estate, we have a specialized advisory team to guide you in the best possible investment The Catalia Real Estate team has a lawyer familiar with all legal matters related to companies and investment