Living in Turkey and Investment Opportunities for Foreigners

Living in Turkey and Opportunities for Foreign Investors

In recent years, Turkey has become a preferred destination for many foreigners looking to start a new life, work, or spend their retirement. This shift is due to the country's rapid modernization in various areas and the attractive living conditions it offers. Turkey is an ideal place for living and investment for foreigners, with its unique geographical location, rich history, and cultural diversity.

Real Estate and Investment Opportunities

Turkey has made it easier for foreigners to own property thanks to amendments in the property law. With the removal of the reciprocity principle, foreign nationals from around the world can purchase real estate in Turkey. This law, which came into effect in 2012, has significantly increased the number of foreigners buying property in Turkey.

Foreign investors have a wide range of options, especially in modern housing projects in major cities. Alanya, Antalya, and Istanbul are among the most preferred cities by foreigners. Turkey's strategic location and quality of life continue to attract investors in both the short and long term.

Work and Residence Permits

Foreigners who wish to work or reside in Turkey must apply to the relevant Turkish authorities with the necessary documents. The processes for obtaining work and residence permits may vary depending on the applicant's sector and purposes. There are various procedures for obtaining work permits for those who want to work in sectors such as education, domestic services, healthcare, tourism, aviation, and entertainment.

Infrastructure and Transportation

Turkey's rapidly developing infrastructure is especially evident in transportation. Airports across the country allow travelers to reach most destinations in a short time. Developed highways and motorways offer convenient road access to major cities. Additionally, high-speed train projects have been implemented, establishing connections between Turkey's major cities.

Education and Health Services

Reforms in the education system, including twelve years of compulsory education and an increasing number of schools, are significant steps in education facilities. International schools and institutions offering education in various languages are also available. Besides languages like English, German, French, and Italian, education is also provided in languages like Russian, Japanese, and Chinese.

Hospitals in Turkey are classified as state hospitals, university hospitals, and private hospitals. Social security and healthcare systems are regulated by the state, and it is also possible to have private health insurance. Both public and private hospitals provide services at international standards in terms of infrastructure and expertise.

Cultural and Social Activities

Turkey offers many alternatives for hobbies, entertainment, culture, and art activities. In large cities, there are opportunities to participate in various cultural activities such as cinema, theater, concerts, ballet, modern dance, opera, and exhibitions. Traditional entertainment activities and local festivals are also increasingly popular across the country.

In the field of sports, Turkey offers extensive opportunities, supporting sports like football, basketball, and volleyball, as well as alternative sports such as golf, mountaineering, scuba diving, rafting, skiing, and yachting. Surrounded by seas on three sides, Turkey provides the possibility of both skiing and swimming in the sea on the same day due to its location at the transition point of different climates.

With these extensive opportunities and rapidly developing infrastructure, Turkey continues to be an attractive place for foreigners to live and invest. With its rich history, cultural diversity, and modern living facilities, Turkey is an ideal destination for anyone looking to start a new life.