The Turkish economy is set to accelerate strongly in 2025

While Europe and the rest of the world continue to face uncertainties, Turkey emerges as a standout growth performer. In 2024, according to the World Bank, Turkey’s GDP reached USD 1.32 trillion, ranking 17th globally. With its strategic location between Europe and Asia, the country benefits from a well-developed industrial and service sector, along with strong adaptability to financial volatility and inflation.

Drivers of Turkey’s Economic Growth

In Q4/2024, Turkey recorded 1.7% GDP growth, the highest in the G20. Full-year growth reached 3.2%, leading the OECD. Average income rose to USD 15,463, and the economy maintained its scale at USD 1.32 trillion.

Government forecasts expect GDP to grow 4% in 2025, 4.5% in 2026, and 5% in 2027, aiming for a market size of USD 1.77 trillion and per-capita income above USD 20,000.

The real estate market is also booming. Since mid-2024, home sales have surged by nearly 40%, exceeding 1.5 million transactions—a sign of strong investor confidence. Housing prices in Istanbul, Ankara, and Izmir continue to rise, with developers expanding new project pipelines.

Structure of the Turkish Economy

• Services: ~60% of GDP (tourism, finance, transport, logistics) 
• Industry: 30–32% of GDP (automotive, textiles, household goods, renewable energy) 
• Agriculture: 6–8% of GDP, vital for food processing and agricultural exports

High Rental Yields – A Magnet for Global Capital

Turkey’s real estate market attracts international investors with highly competitive rental yields: 6.5% nationwide, and up to 10.1% in Istanbul and Ankara—far exceeding many Western economies.

This creates a dual investment advantage:

• Stable asset value growth 
• Sustainable rental income 

Ideal for investors seeking residency or citizenship through real estate ownership.

Turkey Citizenship by Investment – Golden Window 2025–2026

The Turkey Citizenship by Investment Program (launched in 2017) allows foreign investors to obtain citizenship in 6–10 months through:

• A minimum USD 400,000 property investment 
• Holding the property for at least 3 years 

Key benefits include:

• Fast processing, no long-term residency requirements 
• Visa-free access to 110+ countries (Japan, South Korea, Singapore…) 
• Gateway to European markets 
• Right to live, study, and do business in Turkey 
• Opportunity to expand into the U.S. via E2 visa 

Notably, from September 1, 2025, Turkey will officially implement E-visa access for Vietnamese citizens,allowing 30-day stays—making it easier for Vietnamese investors to explore, travel, and conduct business.

Conclusion

Turkey’s robust economic rise reinforces its role as a key growth hub bridging Asia and Europe. With strong momentum, open investment policies, and an attractive property market, 2025 is the ideal time to apply for Turkish citizenship and seize growth opportunities in this strategic “gateway to Europe.”

Contact OMG VISA to get expert consultation and start preparing your application now!