Important information about investing in Turkey for Jordanians

Amid the comprehensive renaissance witnessed by modern Turkey, there is much talk about investment in Turkey for Jordanians, and about the best investment options throughout the country, such as agricultural investment, food investment, industrial investment, and real estate investment in Turkey, with all the branches and details these types include.

Incentives for Investment in Turkey for Jordanians

Countries around the world compete to attract investors in order to stimulate the local economy by injecting financial liquidity into the arteries of their major projects. However, Turkey stands out from other countries with incentives that make investment in Turkey for Jordanians an attractive activity, through the following points:

• A rising and developed economy.
• A high percentage of young population.
• Skilled and competitive workforce.
• A dynamic and liberal economic environment.
• Strong and advanced infrastructure.
• Strategic location.
• The largest energy station and corridor in Europe.
• Low taxes and investment incentives.
• Membership in the European Customs Union.
• Large domestic markets.

The Most Important Types of Investment in Turkey for Jordanians

The types of investment in Turkey for Jordanians are diverse, and they can engage in them such as industry, agriculture and food, general trade, healthcare and pharmaceuticals, financial services, telecommunications and information, and many other fields, some of which we review below:

1. Industrial Investment in Turkey

Turkey is a member of the G20 group of industrialized nations, which represents two-thirds of world trade and more than 90% of global gross output. Turkey has also become a reliable source of high-quality consumer goods and is now the largest producer in Europe of televisions and light commercial vehicles.

Undoubtedly, Istanbul occupies a leading position among Turkish cities in the field of industries in general, as the city hosts several industrial zones, such as the massive Dudullu Industrial Zone in the Umraniye district on the Asian side of the city, which is active in the following industrial fields:

• Iron, steel, and metal industries.
• Chemical industries.
• Manufacturing of all kinds of auto parts.
• Machinery manufacturing.
• Manufacturing of iron and plastic molds.
• Manufacturing of all types of food products.
• Building materials manufacturing.
• Manufacturing of all types of furniture.
• Electrical and electronics industries.
• Manufacturing of water purification materials.
• Textile and ready-made garment industries.

2. Agricultural and Food Investment in Turkey

Turkey has diverse climatic regions, and agricultural crops such as fruits and vegetables vary accordingly. The agriculture and food industries sector in Turkey employs about 20% of the country's working population.

The financial contribution of the mentioned sector to the total gross domestic product increased by 40% from 2002 to 2016, reaching 52.3 billion US dollars in 2016.

This sector of the industry includes some strengths, including the size of the market in terms of the young population, the existence of a vibrant private sector economy, significant income from tourism, and an appropriate climate.

For more, we recommend reading our article on: Agricultural Investment in Turkey

Turkey is the seventh largest country in the world in terms of overall agricultural production. It is the world's leading producer of figs, hazelnuts, raisins, and dried apricots, and is also one of the world's leading honey producers.

Turkey is proud to have produced 18.5 million tons of milk in 2016, making it a leading country in its geographic region in milk and dairy production.

The yields produced in Turkey reached unprecedented quantities, with about 35.3 million tons of grains, 30.3 million tons of vegetables, 18.9 million tons of fruits, 1.9 million tons of poultry, and 1.2 million tons of red meat.

In addition, Turkey is distinguished by hosting eleven thousand species of plants, while the total number of plant species in all of Europe is eleven thousand five hundred species.

Jordanians' Investment in Turkey in Various Fields

• General trade.
• Healthcare and pharmaceuticals.
• Telecommunications and information.
• Advertising design and printing.
• Financial services.
• Education at all levels.
• Advanced technology.
• Precious metals and jewelry.

Investment in Turkey for Jordanians and Obtaining Turkish Citizenship

Jordanian tourists visit Turkey almost regularly at close intervals, and with a simple calculation of the annual expenses, the economic feasibility of Jordanians' Freehold Ownership in Turkey will appear in the medium and long term!

In addition to the above, the new Turkish citizenship law included important amendments for obtaining Turkish citizenship. Among these amendments is the law granting Turkish citizenship in exchange for purchasing a property in Turkey worth 250,000 US dollars, after it was previously set at one million US dollars!

Note: The investor is no longer required to submit the title deed (title deed) as a condition for deciding on the citizenship application through real estate investment in Turkey. The sales contract is sufficient, allowing the investor to purchase the property based on the architectural plan or from projects under construction that are traded at significantly reduced prices, which provides the Jordanian investor with effective options in terms of cost and future feasibility.

Other important information and topics, learn about them:

• Information about Trabzon and its tourist attractions.
• Apartment prices in Turkey in dollars.
• Investment and obtaining Turkish citizenship.

Edited by: Imtilak Real Estate©

Source: Investment Office of the Presidency of the Republic of Turkey

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