Arabs are the second largest investor in Turkey and real estate is their top priority:
Attention: Below our article you find links to real estate projects that are best suited for Arab investment
"Turkey and the Arab world are one body that cannot be separated," said Yassin Aktay, the chief adviser to the president of Turkey's ruling Justice and Development Party.
A vision that was not born out of thin air ... Read the full article to make sure!
The volume of Arab countries' investments and the acquisition of companies in Turkey doubled in recent years, recording a remarkable increase from 8 percent of the total value of foreign investments in 2016 to more than 16 percent in 2018, according to a report published by the Qatari news website Al-Jazeera Net.
The report issued by "Al Jazeera Net" also revealed that the Arabs are still acquiring the purchase in the Turkish real estate market, according to what the monthly housing figures of the Turkish Statistics Institute showed during the period between 2015 to 2019.
Arabs are the most buying of properties in Turkey and Iraqis come first:
All the monthly housing reports issued by the Turkish Statistical Institute indicate a significant progress in the Arab countries in all transactions of purchasing various types of properties "villas, apartments, hotels, shops, offices ... etc." in Turkey during the last four years.
And Iraq resolved for the fifth year in a row, firstly, by purchasing more than 18 percent of the 143,000 properties sold to foreigners in the period from 2015 to the end of the previous year 2019.
Iran and Saudi Arabia came second with 9 percent each, followed by Russia with a purchase volume of 5 percent, while sales to investors in Kuwait, Qatar and the UAE were estimated at less than 5 percent for each country.
The value of deals in the field of building and construction during the last twenty years, exactly between the years 2003 and 2019, reached 52 billion dollars, or an average of 3 billion dollars during one fiscal year.
And property sales to foreigners increased by about 82 percent at the beginning of last year.
Attention: Below our article you find links to real estate projects that are best suited for Arab investment
One billion dollars of Arab-Turkish trade exchanges by the end of 2020
The Turkish government expected that the volume of trade exchanges between Turkey and the Arab countries will reach more than 70 billion dollars by the next year 2021, recording an increase of about 25 billion dollars compared to last year, when it was estimated at 45 billion dollars.
According to the Association for Cooperation between Turkey and the Arab Countries, the volume of trade between Ankara and the Arabs, which was not earlier than 9 billion dollars, will continue to achieve exceptional figures during the next few years.
With regard to foreign direct investment in Turkey, the Turkish Central Bank estimated that, with the exception of Bahrain, the Arab Gulf countries had a share of 9 percent of the total direct investment in Turkey, which amounted to 133 billion dollars since 2018.
Until very recently, Europe was ahead of FDI in Turkey with 77% of the investments, as the Dutch investment alone reached 33 billion dollars, or 25% of the total foreign investments.
Germany is the other leading country in the volume of foreign investment in Turkey, with a rate of more than 7.5 percent, equivalent to 10 billion dollars, as of 2018.
Attention: Below our article you find links to real estate projects that are best suited for Arab investment
Arab direct investments in Turkey in numbers
Qatar:
Qatar is among the most popular Arab countries in direct investment in Turkey, as its total direct investment received in Turkey during the middle of last year amounted to 601 million dollars, or 90 percent of the total Gulf investments that poured into Ankara during the year 2019, which is also confirmed by the statements of the CEO of the Center. Qatar Money "Youssef Mohamed El-Gaida" last December that Qatar obtained a major share of foreign investment in Turkey.
Reliable data revealed that Doha is moving towards launching new investments in Turkey worth 7 billion dollars, mostly in the field of banking and real estate.
UAE:
The UAE doubled the size of its direct investments in Turkey from 5 million in the first half of 2018 to 27 million during the same period in 2019.
The economic reports reveal a steady growth in the volume of Emirati investments in the tourism and construction sector and the expansion in the construction of hotels, resorts and parks in many regions, notably Antalya, Trabzon and the Mediterranean and Black Sea regions.
Saudi Arabia and Bahrain:
The volume of trade exchange between Bahrain and Turkey was estimated at 300 million dollars during the past year, while the share of the Saudis in the Turkish capital market amounted to 2.4 percent of the size of 7 percent of the total share of the Gulf Cooperation Council countries within the Turkish stock market.
Syria:
The Syrians established 4,793 companies with a capital of 39.1 million euros until the end of 2017, while the number of companies established from 2014 to 2016 reached a great increase, exceeding the rate of 168 percent.
Expectations indicate a new trend in growth during the period between 2023 and 2028.
The reasons for the escalation of Arab investment in Turkey
Turkey recorded during the last five years, the entry of about 5 million Arab citizens, most of them investors from the Arab Gulf states or countries experiencing political security crises, where they made major investments in finance and banking, tourism, trade, agriculture and industry, especially food in addition to investing in real estate in Turkey.
The number of Arab companies in Istanbul alone reached 17 thousand, while there are 10 thousand others, mostly Syria, in the city of Gaziantep in southern Turkey.
The growing volume of Arab investors' appetite for Turkey is due to several factors, the most important of which are:
· The stability and security of Turkey and its active role in resolving the crises in the region.
· Turkey is an ideal investment environment and a commercial bridge for Arabs by virtue of the geographical proximity of the Arab countries and the leading international markets in the field of international trade.
· Government support for every company involved in exports, design, brands, foreign fairs, industry, merchandise promotion and medical tourism.
· Arab companies benefit from incentives and Turkish government support, as companies created in Turkey became Turkish legal persons.
· The continuous Turkish government stimulus for Arab companies active in the field of agriculture and animal husbandry, which often leads to the introduction of the agricultural real estate container, tax exemption, a discount on the percentage of energy used and support for equipment and equipment.
· Continuous updating of laws on the investment, industrial, real estate and tax side in line with encouraging foreign investment
· Turkey embraces many economic events and conferences that promote foreign investment, such as the "Arab-Turkish Business Summit" which was attended by about 700 Arab businessmen and dozens of their Turkish counterparts, representing 150 Turkish-Arab companies.
· The existence of several associations that support and frame investment activities in Turkey, most notably the Turkish Businessmen and Industrialists Association "MUSIAD", who previously called on its president to the necessity of building economic and trade relations with the size of strong rooted ties.
Below we invite you to see some real estate projects suitable for safe and successful investment for Arabs in Turkey
https://www.alhudarealestate.com/turkey-properties/alh-204
https://www.alhudarealestate.com/turkey-properties/alh-805
https://www.alhudarealestate.com/turkey-properties/alh-1401
https://www.alhudarealestate.com/turkey-properties/alh-312
https://www.alhudarealestate.com/turkey-properties/alh-1402
https://www.alhudarealestate.com/turkey-properties/alh-401