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Türkiye has become an emerging country to invest in for foreign investors of all industries with its ever-growing economy, geostrategic value, and unrivaled opportunities it has to offer.

Located on two different continents, Türkiye serves as a bridge between the East and West, North and South axes. This characteristic of the country brings a significant advantage in terms of logistics and workforce, making Türkiye a robust investment center with reasonable costs for thriving markets.

Türkiye’s geographical advantage provides rapid access to a population of 1.5 billion including those of Europe, the Middle East, North Africa, and Central Asia, and to a market worth more than USD 20 trillion. As it is surrounded by sea on three sides and has constantly developing railway and highway lines while Turkish Airways flies to 255 destinations in 122 countries, the passenger transportation and freight shipment integratedly support commercial activities.

Türkiye is Europe’s third-largest country in terms of a qualified workforce. The youthful population in the country is the major reason for the growth achieved in the workforce and Türkiye’s strong position in the labor market, which is better than in many countries.

Let’s take a look at the advantages a foreign investor benefits from when starting a business in Türkiye.

• Türkiye ranks higher on the list than many countries regarding the highly educated and competitive workforce it has. As of 2020, approximately 1 million undergraduates graduate from more than 200 universities every year. The workforce in Türkiye experiences the biggest growth among the EU countries as it becomes more and more productive every day.
• Türkiye offers highly extensive incentive programs for investors where they benefit from low taxes whether they seek to expanse their investments or start one.
• Compliant with international standards, the investment regulations encourage foreign direct investments and protect the rights of the investors.
• Thanks to the reforms introduced in the fields of innovativeness of production, the sustainability of growth, qualified workforce, and collaboration in the international market, the average time period required to start a business shortened to 6.5 days from 38.
• In addition to its expanding domestic market, Türkiye also offers access to approximately 1 billion consumers in the regional market with the support of free trade agreements.
• Türkiye serves as a regional headquarters for international companies who aim to expand to different markets.
• Half of Türkiye’s population is under 32, which forms a youthful workforce with a strong potential. When compared to the EU countries, Türkiye is the country with the highest youth population.