Istanbul is becoming the focus of huge investment funds in Dubai.
For some time now, there has been discussion about whether Istanbul could become a new attraction for these funds and international companies. According to reports from last week, Turkey plans to exempt foreign companies from taxes on their investments in Turkey for 20 years.
Qatar and the United Arab Emirates were among the regions hardest hit by the chaos in the Gulf region.
These regions, where large international corporations and funds have invested in tourism, services, financial services, and logistics, experienced severe security crises during the Gulf War.
Investors who had considered investing in the region postponed their plans.
International companies already operating in these areas are also considering relocating their (regional) operational centers to other regions due to security concerns.
For some time now, there has been discussion about whether Istanbul could become a new magnet for these funds and international companies. According to reports from last week, Turkey plans to exempt foreign companies from taxes on their investments in Turkey for 20 years.
Should this news materialize, it is highly likely that very large investment funds and international companies from the Far East, particularly from Dubai and Qatar, will move to Istanbul.
In this scenario, demand for premium office space, commercial and residential properties, and luxury residences will increase significantly.
If you are seeking support in managing your premium properties in Beşiktaş or maximizing the value of your real estate portfolio, it would be beneficial to discuss your options with us.
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