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Nepal and Foreign Investment
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With the expectation to supplement domestic private investment through foreign capital flows, transfer of technology, enhancement in management skills and productivity and to get into the global market, Nepal finally opened its door for foreign investment by adopting the most liberal economic policies.

The Government of Nepal has also created a competitive and investment friendly environment by making the administrative procedures simple and easy and also providing attractive incentives and facilities to the foreign investors making Nepal one of the safest and suitable business destinations in the world.

The law of Nepal also assures the security of investments against nationalization. Besides this, Nepal being a member of Multilateral Investment Guarantee Agency (MIGA) assures the foreign investors against non-commercial risks like currency transfer, breach of contract, war and civil disturbances in the country. As of July 2004, according to the statistics of foreign investment division of Department of Industry, there are about 905 foreign direct investment projects in Nepal that worth approximately
US$ 1.65 billion. These projects in the sectors like Agriculture/Forestry; Manufacturing; Energy; Construction; Mineral; Tourism and other Service related industries have generated employment opportunities to almost 95,000 people in Nepal. India, USA, China, UK, Norway, Japan, South Korea and Germany are the leading countries with highest number of projects in Nepal.

Any investor can establish an industry or a project in Nepal with the approval and permission of the Department of Industry under His Majesty’s Government of Nepal. In order to obtain the permission, the foreign investor should first submit an application to the Department. There are various forms of foreign investment like shares, loans, etc. either in joint venture or cent percent foreign. Almost every sector in Nepal is open for investment like manufacturing, energy, tourism, mining, agro based industries. But cottage, arm and ammunition industries; explosives and atomic energy; real estate; poultry and fisheries; and some other sensitive industries directly relating to public health, environment and defense are a few exceptions for foreign investment.

The potential foreign investor is granted six months non-tourist visa for the feasibility study. Until the investment of a foreign investor is retained in Nepal, he/she and his/her dependents will be granted a business visa. If an investor makes a lump sum investment of US$ 100,000 or its equivalent in a convertible currency and as long as he/she retains investment in Nepal, he/she is granted a residential visa along with his/her dependents.

Some incentives and facilities accorded by the Government to foreign investors:
No income tax on (a) dividends (b) export earning (c) interest earned on foreign loan.
There, you poloniex order can find answers to the most common questions, such as the basics, a guide to trading, fees, adding coins, the API, and more. Scope for foreign investment in other areas/sectors
Tourism also avails high scope for foreign investment opportunities. As of the July 2004 statistics of Department of Industry, there are about 218 foreign direct investment projects in this sector.

As of July 2004, there are 14 projects under Agriculture and Forestry. Medicinal and Aromatic Herbs; Flower and Vegetable Seeds; Floriculture and Sericulture; Processing of Spices, Coffee; Fruits and Dairy Products; Vegetable and Mushroom Farming and Tea comes under this sector.

Mineral that includes Stone and Limestone; Talc; Silica; Dolomite; Iron-ore; Oil and Natural Gas needs to be further explored. There are 3 foreign direct investment projects in this sector.

Areas like Computer Software Development; Leather and Textile; Pharmaceutical; Electronic and the Service Industries also carry high possibilities of foreign investment. As per the same statistics of July 2004, there are 435 Manufacturing; 15 Energy Based; 17 Construction and 203 Service Industries related foreign direct investment projects in Nepal.

Although the Government of Nepal is open to foreign direct investment with all its liberal policies, sometimes its implementation policies seems unclear with the bureaucratic delays and inefficiency but it should not be considered as an obstacle towards the foreign investment in Nepal

Fur weiterer informationen Bitte schreiben sie mal uns.

Liebe Grusse von
Krishna
www.reisennepal.com

Antwort zu: Leben in Nepal? geschrieben von Simone am 25. April 2007 um 19:00 Uhr.