Turkey undeniably has many attractions for visitors worldwide. Still, when people talk about “foreign investment opportunities,” Turkey is often one of the first places they think of. There are various ways to invest in Turkey, from real estate investment to tourism and the health sector. Even though there are countless investment opportunities for investment in Turkey, most financial professionals consider agriculture investment in Turkey the ultimate possibility. Read on to learn about Turkey’s place in the agricultural world.
Turkey as an Agricultural Player
The economy of Turkey has been thriving for many years and has experienced notable changes in several sectors, including the agricultural industry. In addition to ensuring national food security, agriculture now contributes a sizeable amount of the country’s export revenue. Ranked 7th globally, Turkey is a leading country in agriculture and edible goods production. 1,827 different agricultural goods are exported from Turkey to 193 other nations. With growth from $27.5 billion in 2000 to $48.9 billion in 2019, Turkish agriculture’s value has significantly increased. Correspondingly, Turkey is mandated to be among the top five global agricultural producers. By 2023, it intends to raise the value of its agriculture sector to $150 billion. This shows that agriculture investment in Turkey is a lucrative option for investors and signifies promise for Turkish economic success.
Turkey’s Agricultural Significance
In terms of cropland, Turkey is among the best in the world. The country’s territory comprises 25% of arable land and 15% of woodland. As of 2018, there were 19.7 million hectares of agricultural land. Agriculture produces 76% of its output from vegetable products, followed by forestry, fishery, and animal husbandry.
Many Turks still work in the agricultural sector. Turkey is also one of the few food-self-sufficient nations in the world thanks to its rich soils, suitable climate, and copious rainfall—all of which are ideal for growing crops. In Turkey, farming is practiced across the country. However, animal husbandry, which accounts for one-fourth of the gross value of all agricultural products, is the primary occupation in the mountainous eastern regions. Some of Turkey’s most popular crops are almonds, walnuts, and olives.
Advantages of Agriculture Investment in Turkey
Visionary investors with a keen sense of the future and who can successfully forecast market trends are drawn to agriculture investment. So, what motivates investors to look for agriculture investment opportunities in Turkey?
Turkey is ideally situated geographically to benefit from commercial prospects in Europe, the Middle East, and former Soviet Union nations. It is also one of the biggest marketplaces in the region, with a population of over 80 million and rising. Additionally, the government makes significant investments in infrastructure development and irrigation projects to further the advancement of the food sector. Access to global agri-food giants is another benefit, as they have large production operations in Turkey and use Turkey as a gateway to reach regional markets.
Turkey is steadily putting more money into agriculture, so investors shouldn’t be surprised by changes in the market. Investors who buy a farm in Turkey are winners since agriculture investments don’t fluctuate as frequently as stock market investments. Agriculture investment in Turkey is advantageous thanks to low-risk, secure, and resilient revenue models that defend against economic crises.
Can Foreigners Invest in Turkey?
Yes, as a foreigner looking to invest in Turkey, you will find it straightforward, as many procedures are in place to aid international investors. For domestic and foreign investors, the Turkish government provides significant advantages in the agriculture sector. They include favorable tax incentives, competitive labor markets, and equal rights for international investors. They also involve financial and developmental government support. By implementing such legislation that gives foreign investors the same rights and opportunities as local investors, the Turkish Government has removed potential barriers to agriculture investment. Furthermore, when you invest in Turkey as a foreigner, you can benefit from Turkish citizenship by investment in Turkey or, alternatively, get Turkish residency by investment. In 2021, Turkey received $14.2 billion in Foreign Direct Investment, a testament to how welcoming Turkey is to overseas investors.
How to Invest in Turkey with Agricultural Land
If you plan to invest in Turkey, you have come to the right place. Invest4Land provides fantastic agriculture investment opportunities with our managed walnut farms in Turkey. From soil preparation until harvest, we offer comprehensive, skilled administration of the property and its operations. We even have dedicated factories for processing crops. By investing with us, you can take advantage of all the farmland’s potential for growth and yearly income from its agricultural uses.
Turkey is known for its high-quality walnuts of several species and various production techniques. Unlike annual crops that constantly need to be harvested and replanted, walnuts don’t need as much maintenance. As a result, investing in walnut farms in Turkey is a safe bet. Also, it gives investors a chance to earn two income streams, unlike real estate or tourism. When you invest in walnut farms in Turkey, you get annual returns from the sale of walnuts and profit from the land appreciation, so it offers the investor a variety of options. As trees mature and more walnuts are produced, returns increase yearly. Within a few years, you can recover the cost of the investment, and after the sixth year, when the trees are fully mature, the land’s worth doubles.
Invest4Land The Best Agriculture Investment in Turkey
Investments like real estate, cryptocurrencies, and the stock market, which promised instant wealth, have largely failed to deliver on their promises. On the other hand, an agriculture investment in walnut farms in Turkey with Invest4Land is a prudent and stable asset. We do not offer a scheme for striking gold, but instead, we provide our clients with a long-term investment that will generate passive income. Register for our webinar series to get the latest information on our offers. If you are ready to start, contact our knowledgeable team of experts to learn more about this investment opportunity.
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