Turkish REITs (GYO) provide tax-efficient real estate investment vehicle. Foreign investors may participate as shareholders or sponsors of new REITs.
Legal Framework
Industry-specific Turkish regulations apply.
Authority approvals for major activities.
Compliance reporting obligations.
Operational Aspects
Local market structure and competitors.
Distribution and logistics considerations.
Local partnerships often beneficial.
Investor Considerations
Tax incentives may apply.
Free zones available for export-oriented business.
Capital repatriation generally smooth.
Frequently Asked Questions
Are there foreign ownership restrictions?
Generally no, but sector-specific limits may apply in regulated industries.
What incentives are available?
Tax breaks, social security support, and customs duty exemptions in qualifying schemes.