Yuksel Law
Sponsor
At the crossroads of continents, Türkiye has established itself as an investment powerhouse, securing fourth position in Europe for greenfield FDI projects, behind only France, Britain, and Germany.
Foreign direct investment has surpassed $272 billion since 2003, marking the nation’s transformation into a global economic force.
From this strategic vantage point, investors command access to 1.3 billion consumers within a four-hour flight radius, leveraging strong trade relationships with the EU, Middle East, and Asian markets—a particular advantage for commercial real estate investors.
“We talk about the developments in Türkiye one-on-one with investors at investment meetings we organize in other countries,” says Burak Dağlıoğlu, president of Türkiye’s Investment Office. “New projects illuminate our path as Türkiye advances toward its position as a global economic powerhouse.”
Economic Foundations
Türkiye stands alone in securing rating upgrades from all three major agencies—Fitch, Moody’s, and S&P—in 2024. The Central Bank’s reserves have reached $92.4 billion, while declining credit default swap rates translate directly to lower financing costs for investors.
This financial stability, coupled with VAT exemptions for foreign investors, creates compelling opportunities in a market primed for growth, particularly in real estate where financing costs directly impact investment returns.
“The investment landscape has transformed,” notes Murat Yuksel, Lead Counsel at Yuksel Law. “We’ve built frameworks where international capital flows freely and confidently, protected by robust legal structures.”
Tourism and Real Estate Momentum
Tourism drives economic momentum, as the nation registered 50m foreign visitors in January-November 2024—a 7.1% increase from 2023. Istanbul welcomes 17.2m foreign visitors, while Antalya draws 15.7m to its Mediterranean coast. Iranian visitors have increased by 32% year-on-year to over 3m.
This tourism surge has created exceptional opportunities for citizenship investment properties, as prime locations generate substantial returns through short-term rentals. Properties in tourist hotspots like Istanbul and Antalya can serve dual purposes—qualifying for citizenship while generating rental yields that often exceed financing costs.
The three-year citizenship holding period aligns perfectly with the flourishing short-term rental market.
“Türkiye’s tourism growth creates a unique proposition for property investors,” notes Sarah Chen, Director at Global Property Insights.
“The convergence of rising tourist numbers, short-term rental demand, and property appreciation offers investors the rare opportunity to generate immediate yields while building long-term equity. Few markets combine such strong rental potential with a citizenship pathway.”
Citizenship by Investment
The Citizenship by Investment Program has generated $15 billion through 40,000 applications, according to former Interior Minister Süleyman Soylu. A $400,000 investment in real estate opens doors to Turkish citizenship within months, offering visa-free access to over 110 countries.
The program’s three-year hold period provides strategic advantages—investors can generate rental income during the holding period and retain the option to either maintain their appreciating asset or exit after qualification.
The program includes full family coverage without residence requirements, while investors gain immediate access to Türkiye’s advanced healthcare and education systems.
“What sets Türkiye apart is its breadth of opportunity,” explains Aran Hawker, Co-Founder of CIP Turkey. “From technology hubs to manufacturing centers, discerning investors recognize the depth of possibilities in this market.”
Business Landscape
The international business presence has expanded from 5,600 firms in 2002 to over 82,000 today. While global FDI flows declined, Türkiye’s inflow rose 12% last year, according to OECD data, with particular interest from Chinese investors in the automotive and technology sectors.
“The surge in international business presence is reshaping Türkiye’s real estate dynamics,” observes Marcus Rodriguez, Chief Market Analyst at EuroAsia Investment Review.
“We’re seeing increased demand for both commercial spaces and premium residential properties, particularly in business hubs. This creates multiple revenue streams for strategic investors who understand the connection between corporate expansion and real estate value.”
This corporate expansion drives demand for commercial real estate and high-end residential properties, creating additional investment opportunities alongside citizenship qualification.
Growth stems from access to a large, skilled workforce, advanced infrastructure, and technology innovation hubs supported by strong government incentives.
Recent developments show sustained momentum, as FDI reached $8.5 billion in January-October 2024. October alone brought inflows of $770 million, highlighting continued investor confidence despite global headwinds.
Infrastructure and Development
New transportation corridors and infrastructure developments strengthen Türkiye’s position as a gateway between East and West. Major projects enhance accessibility and connectivity, while investors benefit from streamlined processes and established legal frameworks protecting their rights.
The government’s infrastructure investment directly impacts property values, particularly in emerging areas near new transportation hubs. Strategic property selection near infrastructure projects can maximize both rental yields and capital appreciation potential.
“Türkiye’s position at the nexus of three continents, combined with its infrastructure development, creates unparalleled strategic value,” explains Dr. Alexandra Petrov, International Investment Strategist.
“Investors aren’t just buying into today’s market—they’re securing a position in what’s rapidly becoming one of Eurasia’s most important business and tourism hubs. The government’s infrastructure commitment continues to unlock value in previously overlooked areas.”
Expert Guidance
Yuksel Law, with three decades of FDI expertise, serves as in-house counsel for CIP Turkey, establishing the combined entity as a leader in investment facilitation.
Their track record spans property acquisition and business establishment from SMEs to international luxury brands, with particular expertise in securing VAT exemptions and navigating complex regulations.
“Our understanding of corporate law and citizenship programs provides unique advantages,” explains Yuksel. “We’ve simplified complex processes, including VAT exemptions and residence permits, creating clear pathways for investment.”
“Our integrated approach covers every aspect of market entry,” notes Hawker. “From investment strategy to citizenship applications, we handle complexities while investors focus on opportunities.”
For investors seeking participation in Türkiye’s economic transformation, CIP Turkey, with its in-house legal team at Yuksel Law, offers expertise in investment frameworks and citizenship programs.
Their experience with high-net-worth individuals and corporate clients establishes them as trusted advisors in Türkiye’s evolving investment landscape, ensuring each client maximizes the advantages of Türkiye’s comprehensive investment opportunities.
Contact Yuksel Law and CIP Turkey for expert guidance on investment opportunities and citizenship programs in Türkiye.
