Turkish Citizenship

Turkey’s strategic location enables easy reach to markets across 16 different time zones from Tokyo to New York, as it has a regional headquarters of multinational companies such as Facebook, Coca-Cola, Apple, Hyundai, Nestle, Microsoft, Visa, Toyota and much more, with endless seamless global connectivity. Turkey is a natural bridge between both the East-West and the North-South axes, thus creating an efficient and cost-effective hub to major markets, with easy access to 1.5 billion people and a combined market worth of 24 trillion $ GDP in Europe, Middle East and North Africa in additional to Central Asia within a 4 hours flight radius through connects 255 destinations in 122 countries with Turkish Airlines.

A rapid expansion in the number of universities has allowed Turkey to have more university graduates with over than 800,000 graduates annually from more than 183 university, enabling Turkey to transform its young population and large labour force into a skilled workforce, as Turkey’s young population is an important contributor to labour force growth and has boosted the country’s rank over peer countries where Turkey has posted the largest labour force growth among the EU countries with around 32.7 million people, which makes the country the 3rd largest labour force in Europe hence the strong competition for the global labour force.

Turkey’s investment legislation is simple and complies with international standards while offering equal treatment for all investors under the law No: 5084 & 4875 of Encouragement of Investments and Employment & Foreign Direct Investment that protect the rights of investors and encourage Foreigners Direct Investment in the country, in addition, to align the definitions of an investor and investment with international standards and increase the volume of Foreigners Direct Investment through streamlined policies and procedures. And the most important is Turkey has preventing double taxation by signed Treaties with more than 85 countries, this enables tax paid in one of two countries to be offset against tax payable in the other.

Turkey has a sizeable domestic market, plus regional markets with FTA’s allowing access to more than 1 billion consumers with Free Trade Agreements, and with more than 23 urban centres each with populations of over 1 million, support Turkey’s thriving domestic market through their production of goods and services. Turkey’s performance in economic development saw its income per capita increased from 3.581$ in 2002 to 9.632$ in 2018, that’s made Turkey at the 11th largest economy in terms of GDP per capita among countries with a population of over 50 million, In terms of population, Istanbul is the largest city in Europe.

Turkey’s population reached 83.15 million in 2019, and It is expected to reach 86.9 million by 2023, and 100.3 million by 2040 according to the Turkish Statistical Institute Türk Stat, with more than half of its population under the age of 32 in 2019 Turkey has the largest youth population among the EU member countries. Turkey offers excellent opportunities with its growing, young and dynamic population, The young and well-educated population of Turkey is a great asset for driving force behind a strong labour pool and a lucrative domestic market, as investors are facing considerable challenges elsewhere in Europe with ageing and shrinking populations.

Because of the extensive reforms made over the past 16 years, today Turkey is well below the Organization for Economic Cooperation and Development average in terms of the number of restrictions imposed on foreign investors, that made the average number of days needed to set up a company reduced to 4 days instead of 38! The Turkish government has always prioritized reforms for a qualified workforce, sustainable growth, innovative production, a sustainable environment, and international cooperation for development, what helped it to achieve a remarkable increase in the World Bank’s Ease of Doing Business rankings by jumping to 43rd place among the 190 benchmarked countries till last year.

As Turkey located in a very important location that linked between the Middle East and Europe together that let it playing an important role in Energy providing and Trading as well with easy conditions that make investors go ahead with their trading successfully.