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Georgia is a great country with even greater culture. However, it is not popular and famous among the people around the world. Georgia is located at the intersection of eastern Europe and western Asia. From the west it is abounded by the Black Sea and its nature abounds with minerals and resources. The location and nature gives country a opportunity to become successful.
Georgia’s natural location is an advantage. It is considered as a bridge connecting Europe and Asia. It makes investors benefit to a high extent in the manufacturing sector of the whole economy. According to the high unemployment level in Georgia, salary is expected to bbe constant. There are also free training opportunities.
Georgia is the country of new opportunities – This came to my mind when some of my foreign friends came after with the idea to do something in Georgia, for example, to buy the property and to make a guest house or to make a company, which would offer a different kind of services for people. Do you wonder what was my first reaction after their suggestion? I was like “what?”- to invest money in Georgia?”- For my kind of person, whose pragmatical calculations do not go too far, was quite difficult to understand, why they were thinking it was a good idea. After making researches, I found out 4 really impressive reasons why invest in Georgia, So If you are looking for your business to grow and don´t know where to invest your money, I am going to tell you in this article.
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Reasons to invest in Georgia.
- What are the major reasons to invest in Georgia?
- 1. The geographic location of Georgia
- 2. Ease of doing business in Georgia is incredible now.
- 3. Georgia’s economy is almost free of corruption.
- 4. Taxes are low in Georgia.
- 5. There are four “Free industrial Zones” in Georgia, exempt from taxes.
- 6. Georgia owns a skilled and competitively priced labor force.
- 7. Georgia grants you numerous tourism attractions.
- 8. Georgia’s economy is growing so fast.
What are the major reasons to invest in Georgia?
1. The geographic location of Georgia
The country is located on the famous historical Silk Road. As a matter of fact, the road acts like a bridge connecting Western Asia and Eastern Europe. The strategic location of Georgia is what makes the country a crossroad between the two continents, generating priceless opportunities for import and export activities, international business, foreign business investments, etc.
The country is bordered by the Black Sea, Russia, Turkey, Armenia, and Azerbaijan from four sides. Also, Georgia has access to many thriving economies around. Georgia is more of a transit corridor with diverse access to the sea and land. It opens the doors to Europe for Asian businesses working especially between China and Europe.
2. Ease of doing business in Georgia is incredible now.
The World Bank Group annually publishes a report announcing the ease of doing business in many countries of the world. Georgia’s position is eye-popping; the country is sticking to the 6th place in the global ranking by May 2018. This is the highest position among Europe and Central Asia regions.
HOW TO buy an apartment in Georgia
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