Türkiye is a tourist and investment destination
In recent years, Türkiye has emerged not only as a premier tourist destination but also as an increasingly sought-after hub for international investments. Thus, Türkiye is a tourist and investment destination as we will see in this article from Ebla Real Estate.
Türkiye is a tourist and investment destination:
Türkiye stands out as a compelling destination for both tourists and investors, offering many advantages, including:
Strategic Location:
Türkiye’s strategic location at the crossroads of Europe and Asia positions it as a key hub for trade, commerce, and cultural exchange. Its proximity to major markets and accessibility make it an attractive destination for investors looking to tap into regional and global opportunities.
Natural Beauty and Historical Landmarks:
From the stunning beaches of the Mediterranean and Aegean coasts to the otherworldly landscapes of Cappadocia and the lush greenery of the Black Sea region, Türkiye boasts a diverse range of natural landscapes that captivate tourists and provide investment opportunities in tourism-related ventures.
Moreover, Türkiye is home to a wealth of historical landmarks, including the iconic Hagia Sophia, Topkapi Palace, Ephesus, and Troy. These cultural treasures attract history enthusiasts and contribute to the country’s appeal as a historical and cultural destination.
Advanced Infrastructure:
Türkiye has invested significantly in modernizing its infrastructure, including transportation networks, telecommunications, and technological advancements. This advanced infrastructure enhances the overall quality of life, supports economic activities, and makes the country conducive to various investments.
Affordable Living Costs:
The cost of living in Türkiye is relatively affordable compared to many Western countries. This affordability extends to various aspects of daily life, including housing, transportation, and dining. For tourists, this affordability makes Türkiye an attractive destination, while investors appreciate the cost-effectiveness of doing business.
Cultural Diversity:
Türkiye’s unique position as a meeting point of various cultures throughout history has resulted in a rich tapestry of cultural diversity. From the cosmopolitan atmosphere of Istanbul to the traditional villages in Anatolia, visitors experience a harmonious blend of different cultures, traditions, and lifestyles.
Government support:
The Turkish government actively supports foreign and domestic investments through various incentive programs. Among the most important facilities and privileges provided by the Turkish government to foreign investors, we mention:
- Real estate loans.
- Tax exemptions.
- Possibility to travel and move freely.
- Obtaining various types of real estate, including real estate residency, if the value of the house is $200,000 or more.
- Granting the Turkish citizenship in exchange for purchasing a property worth $400,000 or more or through a bank deposit of $500,000.
Türkiye is a tourist destination:
As one of the preferred tourist destinations in the world, Türkiye is characterized by cultural richness, historical treasures, and breathtaking landscapes.
It is one of the ten most visited and best countries in the world, with a high percentage of foreign visitors coming from Europe and the Middle East.
In addition, the number of tourists who visited Türkiye during the year 2023 reached approximately 60 million tourists, according to data from the Ministry of Culture and Tourism.
Moreover, during the first ten months of the same year, the number of foreign tourists reached 44 million and 200 thousand, while the number of Turkish expatriate citizens who visited Türkiye reached about 6 million.
Furthermore, the number of foreigners who prefer Türkiye as a tourist destination to spend their holidays and vacations increased by 11% compared to the previous year.
It is worth noting that Istanbul, with its strategic location and cultural beauty, ranks tenth among the most visited cities in the world. The number of its visitors in 2023 has reached more than 16 million and 51 thousand and 324 visitors.
Türkiye is an investment destination:
Türkiye has a unique strategic location, as it is a link between the continents of Asia and Europe. It also has a strong, integrated economy that is ranked among the 20 strongest economies in the world, making it a commercial center and a top-class investment destination.
Among Türkiye’s investment advantages, we mention:
- Ease of establishing and developing projects by foreign citizens.
- Government support for foreign investors and the provision of multiple privileges, including tax exemptions, loans, residency and citizenship.
- Türkiye, in its various regions and cities, has a developed infrastructure.
- Abundance of investment tools.
- Diversification and prosperity of investments such as real estate, tourism and trade.
This was the most important information about the factors that make Türkiye an ideal tourist and investment destination, which we provided to you from Ebla Real Estate.
Edited by: Ebla Group Real Estate
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