In recent years, Turkey is becoming one of the huge investment countries in the world. Although there are many sectors for investment, real estate in Turkey is one of the most profitable fields.
In recent years, the profits derived from the real estate sector in Turkey is rising rapidly in many cities, such as Istanbul, Izmir, Antalya. Why investors and buyers who want to own a property, prefer Turkey?
Here you will find reasons to invest in Turkey, how to set up a business here, the process of joining the EU and how important it is for real estate investment, the taxes on real estate
Establishing a business in Turkey is one of the most valuable options for foreign investors. Turkey has a significant importance when it comes to trade due to its unique location between Europe, Asia, and the Middle East. If you are one of the people who are curious about setting up a business here, you can find out more about this here.
The only requirement to be an income taxpayer in Turkey is to reside in Turkey. Whether you are a Turkish citizen or a foreign citizen, if you reside within the borders of turkey, you are considered an income taxpayer. If you are wondering about what kind of taxes you will be required to pay in Turkey, you can further read about this here.
Turkey, together with the Ankara Agreement signed in 1964, started the process to become a member of the European Union. You will find valuable information about this here and how it is affecting the real estate prices in Turkey.