Family businesses can help stimulate the global economy to overcome periods of uncertainty. There is an increasing need with family businesses for financial and legal solutions, such as investment and portfolio management, real estate planning, inheritance planning and financial consulting.
As the 5th largest economy in Europe, Türkiye hosts the world's largest number of family businesses. Constituting 95% of all companies in Türkiye and carrying out 28% of total exports, family businesses are critical to the Turkish economy.
The number of millionaires in Türkiye who own companies in the construction, iron-steel, food and textile sectors reached 170,000. As such, Türkiye represents one of the fastest-growing fortune saving locations in the world, offering great opportunities for family offices. Thanks to its versatile ecosystem, the IFC provides family offices with privileged and private services as well as direct access to dynamic markets.