The strong diplomatic relations between Jordan and Turkey have contributed to opening the door for investment in Turkey for Jordanians. The facilitations provided by the Turkish government have increased the interest of Jordanian investors in Turkey. This article sheds light on the Jordanian-Turkish relations, the investment sectors where Jordanian investors have contributed, along with the investment benefits they have gained.
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After discussing the strength of Jordanian-Turkish relations, which contributed to the interest of Jordanians in Turkey for several reasons, let's delve deeper into the arrival of Jordanian investors. These investors have established various investment projects in Turkey according to their interests. Some prefer real estate investment, others favor commercial sectors, while some are interested in agriculture, alongside other areas. Among the prominent types of investment in Turkey are:
This type of investment in Turkey is at the forefront of the interests of Jordanian investors. It is considered a safe investment that yields high profits and helps investors preserve their capital without losses. Despite the risks surrounding other types of investments, real estate investment for Jordanians in Turkey remains the most stable and secure.
The reason it's considered safe is that property values increase over the years, with very rare instances of decrease, usually occurring when investors choose the wrong property or an area lacking vitality. Investment opportunities in Turkey for Jordanians in real estate include buying and owning various types of properties, whether ready-made or under construction, as well as investment in rental or resale to achieve high investment returns, whether residential, commercial, or touristic properties.
Turkey is a member of the G20 industrialized nations, representing two-thirds of global trade and over 90% of global GDP. It has become a reliable source of high-quality consumer goods and is now the largest producer of televisions and light commercial vehicles in Europe.
The main industrial sectors in Turkey include:
Turkey's diverse climatic regions reflect on its agricultural crops, leading to diversity in each region, whether fruits, vegetables, or other crops. The agricultural sector and food industries play a significant role in the Turkish economy, with around 20% of the population working in agriculture.
Turkey's agricultural sector benefits from factors such as a large market related to the working youth, a vibrant private sector economy, and favorable climate conditions, resulting in substantial income from agriculture. Turkey ranks as the seventh largest country globally in agricultural crop production and is the world leader in the production of figs, hazelnuts, raisins, and dried apricots, in addition to various types of honey.
Moreover, Turkey produces grains, legumes, vegetables, fruits, poultry, and red meat, hosting around 11,000 plant species, while the total number of plant species in Europe is 11,500.
There are several advantages for Jordanian investors and businessmen in investing in Turkey, which have encouraged an increase in the number of Jordanian investors in recent years. Some of the key advantages include:
Before discussing investment in Turkey for Jordanians, it's essential to understand the nature of relations between the two countries, which influence their ties. Jordanian-Turkish relations solidified in the 1930s, encompassing diplomatic, economic, political, and cultural dimensions.
Thanks to the strong diplomatic relations between Turkey and Jordan, Turkey allows Jordanian citizens to visit its territory without obtaining a visa. Jordanians only need to book a flight ticket with Turkish airlines and land in any Turkish airport, or enter through land or sea borders to receive a stamp that allows them to stay in Turkey for up to 90 days.
The number of Jordanians residing in Turkish territory exceeds 25,000, including those who come for work, study, or investment. Additionally, the number of Jordanian tourists visiting Turkey annually exceeds 100,000, according to recent official statistics.
Various reasons and motivations drive Jordanians to come to Turkey and reside there. Some come for work or trade to establish investment projects in several fields, while others come for education, as Turkish university degrees are recognized in the Hashemite Kingdom of Jordan.
Yes, they can, but they need to follow certain steps to obtain a tourist residence permit allowing them to stay in Turkey for one or two years. These steps include:
No, they are not. In addition to the sectors mentioned earlier, Jordanian investors seek to invest in other fields in Turkey, including:
Yes, of course. Turkish law permits Jordanian investors to purchase properties and invest in them on Turkish land, granting them the right to own all types of properties and transfer ownership. The law also facilitates property ownership transfer procedures for investors.
Investment projects in Turkey for Jordanians have covered various fields. However, this does not mean that these opportunities were available only to Jordanian investors but also to many nationalities worldwide. The Turkish government has been keen on attracting investors from all over the world and providing them with facilities to support its national economy.
Through this article, Skyline Holdings has provided detailed information about investment in Turkey for Jordanians. For more information, you can contact us at Skyline Holdings.
