Investing in Turkey

Hello everyone,

During your expatriation in Turkey, you might have been made aware of interesting investment schemes (local or international). Whether one wants to make money grow, protect oneself or prepare for retirement, investment is always an attractive option. It is, however, never free of risk. Would you, therefore, like to share some practical information for other expats and expats to be?

Is the Turkish economy open to foreign investment? Do local authorities encourage investment (through formalities, tax etc.)?

What are the promising sectors to invest and do business in Turkey?

Who do you turn to for information before investing your money? (organisation, professional, lawyer, consultant)

According to the sectors of activity and the projects, what budget should be foreseen for an investment in Turkey?

What do you think are the pitfalls to avoid and what advice would you give someone who wants to invest?

Thanks in advance for your feedback,
Diksha

Is the Turkish economy open to foreign investment? Do local authorities encourage investment (through formalities, tax etc.)?

What are the promising sectors to invest and do business in Turkey?

Who do you turn to for information before investing your money? (organisation, professional, lawyer, consultant)
it's open to make your own company however some jobs are only related to Turkish nations like a Lawyer he or she must be Turkish
i have a company that manages a restaurant and cafe and we are two partners both foreigners

According to the sectors of activity and the projects, what budget should be foreseen for an investment in Turkey?
you can start with 15K USD


What do you think are the pitfalls to avoid and what advice would you give someone who wants to invest?

to have enough money in order to survive the first months of your business, to have Turkish speaker who can gets you into the community, and to do the process in the right way, it means do not shortcut the process

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