Turkey tops the list of the most attractive countries for investors and businessmen to establish their projects on its soil.
The Turkish government is working with strategic plans to attract investors and capital to its markets, in order to contribute to its rise and advancement Turkish economy So that it ranks first in the world, and reduce the current deficit.
This is by submitting Investment incentives in Turkey, tax exemptions, and various facilities.
- The most important investment incentives in Turkey
- General investment incentive program in Turkey
- Turkey Regional Investment Incentives Program
- The investment incentive program in Turkey is extensive
- Investment incentive program in Turkey strategic
- Investment areas benefiting from investment incentive programs in Turkey
if you want to Investing in Turkey, and is interested in knowing all the details about Investment Incentives in TurkeyYou have arrived at your destination, we are at Hakeem Real Estate Company We will share with you all the detailed information about it.
The most important investment incentives in Turkey
progress Turkish government Many incentives that attract foreign investors and businessmen to work in Turkey, and one of the most important Investment Incentives in Turkey Provided by the government:
- Exempting investors from some customs duties
- The Turkish government is working to reduce investors' taxes in Turkey more and more as the rate of investment on its territory increases
- The Turkish government supports social insurance on the minimum wage in Turkey, and the support period extends up to ten years.
- Investors are exempt from income tax
- The government provides investors with financial support and a loan that covers the costs of his project by up to 70% of the project costs.
- The government provides facilities for investors to return the value-added tax resulting from construction fees if the investment capital exceeds 500 million Turkish liras.
- The Turkish government supports projects involving scientific research and development paths by 100% if the number of researchers is more than 500 researchers, and each employee is exempted from income tax, and from 50% from social insurance premiums, and it also grants the investor in this field a material amount of 100 thousand Turkish liras within Technology Initiative for New Scientists.
General investment incentive program in Turkey
In this program, the Turkish government provides investors with the following support:
- Exempting investors from value added tax (KDV).
- Exempting investors from customs duties.
Turkey Regional Investment Incentives Program
In this program, the Turkish government provides investors with the following support:
- Exempting investors from value added tax (KDV).
- Exempting investors from customs duties.
- Tax cut for investors
- Social security and contribution percentage support (employer contribution)
- Income tax reduction
- Social security and contribution percentage support (employer’s contribution)
- interest support rate
- Land allocation for investors.
The investment incentive program in Turkey is extensive
In this program, the Turkish government provides investors with the following support:
- Exempting investors from value added tax (KDV).
- Exempting investors from customs duties.
- Tax cut for investors
- Social security and contribution percentage support (employer contribution)
- Income tax reduction
- Social security and contribution percentage support (employer’s contribution)
- Land allocation for investors.
Investment incentive program in Turkey strategic
In this program, the Turkish government provides investors with the following support:
- Exempting investors from value added tax (KDV).
- Exempting investors from customs duties.
- Tax cut for investors
- Social security and contribution percentage support (employer contribution)
- Income tax reduction
- Social security and contribution percentage support (employer’s contribution)
- interest support rate
- Land allocation for investors.
- KDV VAT return to investors
Investment areas benefiting from investment incentive programs in Turkey
The Turkish government has classified the investment regions that benefit from investment incentive programs in Turkey into 6 regions, and the most benefiting from these programs are the regions located in Region No. 5 and 6
And the regions are:
- District 1, which includes: Ankara, Antalya, Bursa, Eskisehir, Istanbul, Izmir, Kocaeli, and Mugla.
- Region 2, which includes: Adana, Aydın, Bolu, Çankala except for Bozcaada and Gokçada, Denizli, Edirne, Isparta, Kayseri, Qarqala, Konya, Sakarya, Kayir Dağ, and Yalova.
- District 3, which includes: Balıkesir, Bilecik, Bordeaux, Gaziantep, Karabük, Karaman, Manisa, Mersin, Sasmun, Usak, Zonguldak,
- Region 4, which includes: Avyurkar Hisar, Amasya, Artqin, Bartin, Gorum, Gorge, Elazig, Erzincan, Hatay, Kastamon, Karakala, Qarsehir, Kutahayya, Malatya, Nefsehir, Reza, Sivas.
- District 5, which includes: Adıman, Aksaray, Bayburt, Cankari, Erzum, Dirsun, Gumushane, Marash, Kilis, Nada, Ordu, Osmaniye, Sinop, Tokat, Tunceli, and Yozgat.
- District 6, which includes: Ağrı, Ardahan, Batman, Bingöl, Bitlis, Diyarbakir, Hakkari, Igdir, Kars, Mardin, Mosh, Siirt, Urfa, Şırnak, Bozjan and Gökçada.
What is the investment incentive system in Turkey?
It is a system to encourage foreign investors to invest in Turkish lands, in order to bring hard currency to the country, and to contribute to the renaissance of the Turkish economy.
What are the advantages of investing in Turkey?
There are several advantages to Investing in TurkeyIt has a strong and successful economy, enjoys an important and strategic geographical location, and has a strong infrastructure. It is also open to the Middle East markets in addition to European markets. Investors can also obtain real estate residency, and even Turkish citizenship when they buy real estate that corresponds to the value required to grant citizenship. Turkish through real estate investment.
Important topics and articles:
- A guide about buying a property in Turkey 2022
- The best real estate investment areas in Istanbul
- Areas and benefits of investing in Turkey 2022
- Investing in Turkey
- Terms and laws of investment in Turkey 2022
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- Investment project on Basin Express Road
- Investment project in the center of Istanbul
- Lands for sale in Istanbul
- Villas for sale in Istanbul
Release : Hakeem Real Estate© | Real estate expert in Turkey
