Turkish citizenship through industrial or commercial investment

Turkey is a leading country in the Middle East and North Africa in heavy industries, electronics, and technology, boasting significant potential, abundant primary resources, and abundant natural wealth. Turkey encourages industrial investment through a regulatory framework, tax facilitation, and comprehensive investor support services, making it highly suitable for industrial investments.

We mention the most important points required and useful for the field of industrial and commercial investment according to the following table of contents:

The most important features of industrial and commercial investment in Türkiye and the necessary requirements, the most important and famous industrial cities

Conditions for industrial investment in Türkiye

Advantages of industrial investment in Türkiye

The most important features of industrial and commercial investment in Türkiye and the necessary requirements, the most important and famous industrial cities:

Since the publication of additional provisions to Law No. 5901 on January 12, 2017, foreign nationals investing in Türkiye will be granted the right to apply for Turkish citizenship. This includes investors in Turkish industry.

Industrial investment in Turkish industries is one of the best and most powerful investments, especially for new investors. The Turkish government has organized industrial zones in most cities, granting investors privileges in terms of infrastructure and services. Given that Turkish society is young and diverse, this means a cheap labor force is available for the production chain. Let's not forget the tax exemptions for the purchase of land, industrial facilities, and real estate.

As a result of the above, Türkiye has become a destination for many foreign investors and producers, whether opening branches in Türkiye or starting small and medium-sized enterprises (SMEs) in Türkiye.

· Turkish industrial production and exports account for 29% of the gross national income and employ approximately 20% of the Turkish workforce.

Industrial cities are distributed almost throughout all Turkish cities. There is competition among industrial cities to provide the best services to industrialists and investors in the industrial sector. There are approximately 280 industrial cities spread across Turkey. For example, the city of Izmir is known for its auto parts and automotive industries. The city of Kayseri is known for its home furniture and furnishings industries in general. Gaziantep and Istanbul are known for their textile and ready-made garment industries. The Turkish city of Sakarya has a mixed industrial city with ready-made kitchens and other facilities.

· The support and abundance of raw materials and cheap, skilled labor have led to the flourishing of industries in Türkiye. Let's not forget the Turkish state's support for industries and its efforts to transform the Turkish economy into an industrial one.

The most important advantage of investing in Turkey is obtaining Turkish citizenship for all family members, whether through a real estate investment worth $400,000, a bank deposit worth $500,000, or an industrial investment, provided the conditions are met. These conditions are very simple and easy for the real investor, in terms of a specific number of workers and a specific capital starting at $500,000.

- Conditions for industrial investment in Türkiye:

These are simple conditions, or rather, just routine legal procedures that a citizen or foreigner who wants to invest in real estate, industry, banking, etc. must follow:

1- Obtaining an official residence permit in Turkey, regardless of its type.

2- Obtain proof of ownership or a title deed in the case of a real estate investment, or a bank deposit document in the case of a bank investment, or a factory lease or factory sale contract in the case of an industrial investment.

3- Start working with the necessary licenses to start working legally (click here to establish companies)

4- Start issuing work permits.

5- Passport translated into Turkish and notarized.

6- Obtaining a personal tax number.

7- Some businesses require special approvals from the relevant ministries depending on the industrial activity.

Under Turkish law, foreign investors and Turkish citizens are treated equally without discrimination, particularly with regard to financial and tax transactions.

Given the numerous facilities available for industrial investment, in recent years, many investors have turned to Türkiye, taking advantage of its central location, ease of exporting, and the state's encouragement of such exports.

Advantages of industrial investment in Türkiye:

Turkey's unique and central geographical location, its proximity to Arab, European, and Asian countries, its numerous and diverse means of transportation and shipping, and its air, land, and sea ports, its lower investment costs compared to other countries, its diverse projects and industries, and its rich, diversified economy, its state-supported exports, its sound infrastructure, and its availability of cheap and trained labor. Other key advantages include:

1- Turkish industrial cities in most cities:

One of the most important factors attracting investors to Turkey is its industrial cities, which contain the complete infrastructure needed to start production, including electricity, water, gas, communications, waste treatment, and connections to major roads. The state also encourages investment in these cities. Industrial cities are distributed throughout Turkey, numbering approximately 280 or more. The state offers facilities to both foreign and Turkish investors:

· VAT exemption when purchasing land.

· Exemption from real estate tax for five years when establishing an industrial facility.

· Low costs for water, electricity and industrial gas compared to other countries.

· Exempting industrial facilities from municipal taxes.

Solid waste is exempt from municipal taxes if the factory is located within an industrial city that does not benefit from municipal services.

· Tax refunds and discounts on the export of industrial products.

Once your industrial investment exceeds $500,000 or you officially employ 50 Turkish citizens, you can obtain Turkish citizenship for you and your family members. After obtaining Turkish citizenship, if you achieve exports exceeding $1 million in less than two years, you will receive a special passport that allows you to enter the European Union with an electronic visa and a US investor visa without any difficulties.

2- Infrastructure, supply and export lines:

A strong infrastructure is the first and most important factor when starting an industrial project. The type and quality of services provided. The support and exemptions provided by the Turkish government. The unique geographic location linking East and West. The abundance of land, sea, and air ports.

Availability of raw materials and trained and cheap labor.

3- Some statistics and reasons for the success of the Turkish economy:

The aforementioned factors—strong infrastructure, cheap skilled labor, supply and export lines, and multiple export routes and mechanisms—and state support—have all led to the emergence of the Turkish economy and its dominance in certain areas. Turkey is considered one of the world's 20 most powerful economies. Now, some statistics on the Turkish economy over the past few years.

Turkey's GDP increased from 230 billion in 2002 to 800 billion in 2014.

· Turkish exports increased by 250% from 2002 to 2014.

Türkiye's entry into the world's largest economy.

· A significant increase in the number of foreign investors.

Türkiye has become a destination for many investors due to the significant growth in the Turkish economy in recent years.

4- Some of the strongest areas for investment in Türkiye:

Turkey has the advantage of diversity in investment and industrial fields, but it must be noted that these are the most popular fields that can be invested in, taking into consideration adequate research of the projects and investment and it is not a recommendation from us as a company. Starting any business or investment requires an adequate and comprehensive study of the market, its requirements, raw materials, potential customer, etc. Investment advice from the spectrum of project feasibility studies, securing supply chains for raw materials, disposal markets, and all details related to the investment before starting.

· Investing in the textile and ready-made garment industries.

· Investing in the auto and car spare parts industry

· Investing in the field of electronic devices manufacturing

· Investing in food industries

· Investment in heavy industries, iron and steel

· Investing in furniture and furnishings industries

5- The most famous industrial cities in Türkiye:

We will mention a number of the most famous industrial cities without any specific order or recommendation. Do your previous research and this list is not considered a recommendation. Each industrial sector has its own priorities according to which it chooses the best.

Organiza district in Kayseri, Turkey, is where most of the home furnishings and furniture industry is concentrated.

· Tusap Industrial City, located in Bursa, Turkey, is a major producer of textiles and yarns.

The Etosab Industrial City in Istanbul, Turkey, is home to a number of industries, including medical, textile, home furniture, paper, and other industries.

· The industrial city of Susepe is located in Sakarya and is famous for its plastics, technical, electrical, medical, and sports industries.

· Ostim Industrial City is the largest industrial city in Ankara and contains textile, auto parts, and sporting goods factories.

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