Turkey Hair Transplant Cost After the Lira Crisis: Everything You Need to Know
Turkey has recently experienced a significant crisis in regards to the Turkish Lira. The Lira has dropped an astonishing 400 basis points, making it one of the weakest currencies in Europe and some parts of the world.
However, what this means for foreign currencies is that they have dramatically grown in value compared to the Turkish Lira. Therefore, if you were looking for Turkey hair transplant costs, now is the best time to get your hair transplant in Turkey.
What Happened to the Turkish Lira?
In the last year, the Turkish Lira has experienced an unprecedented crash in recent decades. Although currencies vary in their value on a daily basis, huge crashes such as this one have an enormous negative impact on the economy of the country in question.
In particular, the Turkish Lira is crahing against the U.S. Dollar and the Euro, meaning that its value compared to these two currencies is extremely low. Everything started a few months ago when President Erdogan established a new plan in an effort to cut interest rates (the amount that a lender charges a borrower). For example, if you take out a loan to purchase a house from the bank, you will receive the money you need for the house, but you will have to pay back the money to the bank on a monthly basis. However, you will not pay back the exact amount of money that you borrowed – you will pay more because that’s how banks make money. The extra money that you are paying back is the “interest rate”.
The problem? The demand for goods in Turkey is increasing with a huge surge in prices. The result is an inflation, where families are struggling to pay for food, not to mention thinking about going on a holiday or rennovating their home.
As of now, the Turkish Lira has dropped in value by 40%. Another problem with this is that foreign investors are pulling out of their investments in order to save their own money before it becomes worthless. However, for foreigners with U.S. Dollar and Euro currencies, this is a good situation. It means that travelling to Turkey, renting accomodation, and even performing medical procedures is now more affordable than ever!
How Turkey Hair Transplant Cost Compares to the Rest of the World
Hair transplants have changed people’s lives entirely. They have brought more confidence into both men and women, and allowed them to once again express themselves and feel like their ‘ideal me’. However, when it comes to choosing where to get your hair transplant done, it can be difficult.
Most people turn to clinics in their own country right away, or they may do a little research for clinics in the UK or US. What you will soon discover is that the prices for hair transplants in the US and in Europe are extraordinarily high. They can easily reach heights of $15,000 per hair transplant, and the person will often need to undergo a second surgery one year later to complete the procedure.
This is largely due to the fact that the GDPR in these countries is very high, and thus everything that you do or purchase in these countries will also be very expensive. However, just because something is expensive does not mean that it will automatically be of the highest quality.
Turkey Has Become the Mecca for Hair Transplants
A Turkey hair transplant cost includes the full package. You don’t just pay for the hair transplant, you pay for the whole experience including a beautiful hotel stay, a tour of the city, a medical checkup, a post-op bundle of vitamins and serums to help you recover faster, an extra day for recovery, and even a dentist appointment if you choose to have one.
The best clinics in Turkey have made this a wonderful experience where you have a support team of 4 or 8 surgeons plus their assistants to help you on your new journey to beautiful hair. Plus, you can have both the DHI and FUE Sapphire procedures done on the same day. This is specifically because Turkish clinics are able to offer you a full team of experienced surgeons to do the job.
In Europe and the US, you would have one procedure done, for example, DHI, and then wait a whole year before you can have the FUE method done to complete the look. This means that you don’t have to walk around for a full year with hair that doesn’t really look right.