Start a Business in Turkey

At the crossroads of Europe and the Middle East, Turkey presents promising immediate and long-term opportunities for the investors.

Turkey’s growing economy, advantageous geographical position, expanding the middle class, youthful population (average age of 31), and dynamic entrepreneurial class has made this country a growing market for all investors.

So, if you thought about investing in Turkey or expanding your current business, you had already made the right decision. Turkey offers lots of business opportunities.

Turkey has a long history, cultural heritage, and vibrant social life which makes it attractive to people of all kinds. Seas encircle it on three sides: the Aegean Sea is to the west, the Black Sea to the north, and the Mediterranean Sea to the south, which opens the access to approximately 1.6 billion customers in Europe, Eurasia, the Middle East and North Africa. Istanbul is the only city that is located on two continents at the same time (Asia and Europe) and is a hub from where you can reach anywhere.

Istanbul is one of the fastest growing metropolises in the world with still reasonable prices comparing to other big cities around the globe.

Also, Turkey is one of the most stable countries in the region, offering a peaceful environment and welcoming people of all origins.

The Turkish economy is ranked 13th among the world’s largest economies and 5th largest economy compared to the European Union in 2016 (GDP at PPP, IMF WEO)
An institutionalized economy was fueled by $144 billion of FDI in the last decade (CBRT) and attracts about $15 billion annually as foreign investment in Turkey.

Also, Turkey has a stable economic growth with an average annual real GDP (Gross Domestic Product) growth rate of 5.6% between 2002 and 2016.

It is a promising economy with a bright future as it is expected to become one of the fastest growing economies among the OECD members during 2017-2020 with an average annual real GDP growth rate of 5.4% (OECD).