Türkiye: Top Destination for Residency Investing

Türkiye became the most popular destination for visa investing in 2020 both in number of applicants and value of investments, released fDi Intelligence.

According to research from ASTONS, a leading investment monitoring firm, the number of applications for Turkish residence-by-investment surged 325 percent to 13,325 in 2020 over the previous year.

The magazine also noted that the estimated total value of residence investments increased by 323 percent to around EUR 2.6 billion in 2020 during the same time period, surpassing top residency and citizenship-by-investment destinations such as the United States.

Astons Managing Director, Arthur Sarkisian, says that the country is a "great base for foreign investors" seeking access to both the Eurasian market and, perhaps, the Schengen Area in the near future.