EIGHT REASONS TO WHY INVEST IN SOMALILNAD

1. SECURITY AND TRANPARENCE 

  

Somaliland has witnessed a great deal of progress over the last 30 years of self-governance. Peace and stability has been restored through the efforts of the people of Somaliland. Democratic systems have been established and have continued to evolve a@er five successful elections at the presidential, parliamentary and local government levels.




2. STRATEGIC LOCATION


Somaliland is Strategic positioned in the center of the Horn of Africa and along the Gulf of Aden near the entrance to the Bab al-Mandeb  and route through Red Sea and Suez Canal, a Major sea-lane through with one-third of the world's shipping passes.


3. OPEN MARKET


The Economic System of Somaliland is a free market system based on supply and demand with liFle or no Government control, Somaliland Enjoys open Market policies that are designed to eliminate discrimination against foreign investors, business projects, Investments and Financial transactions. To promote new opportunities and Innovation.



4. RICH RAW MATERIALS 
 


Somaliland is rich in mineral resources deposits of many kinds of gemstones like Emerald, Sapphire, Ruby, Aquamarine, Opal and any kind of Garnet. There are also plenty of other minerals in Somaliland such as industrial minerals like iron ore, Titanium, Aluminum, Tungsten, Tin, Galena and other rare earth metals like Colum bite Tantalite, Molybdenum and many other rare minerals which are only found few places in the world.


 

5. PROFIT AND IMPORT TAX EXEMPTION 


Investors will enjoy a 100% three to five year’s tax holiday on profits and 100% custom exemption on imported raw materials, machinery, equipment, installation and any other ouYits, supplies and components imported for production purposes are exempted from import custom duties.



6. PUBLIC PRIVATE PARTNERSHIP 

Somaliland Government stands for establishing viable Public Private Partnerships (PPPs) to address large scale infrastructure  development  that   are beyond the financing capacities of the Government.





7. LAND OWNERSHIP AND PROPERTY LEASING

Both   foreigners   and Somali landers are freely able to purchase and sell property as the wish. Land ownership   rights    are    strongly upheld within Somaliland.



8. GUARANTEES AGAINST EXPROPRIATION


Investments
that have been properly registered with and approved by the Board may not be expropriated unless there is no other method by which the government can safeguard the “public interest.