Saturday, November 06, 2010

Gambia -- Investment in Africa's smallest country

I was just googling third world countries last night to learn about them and see which ones may be open to investment (sounds exciting, right? well, it is to me), and I came upon the Gambia, a small West African nation surrounded on three sides by the nation of Senegal (and on the west by the Atlantic Ocean).

Gambia's official language is English, and the country has had a (by African standards at least) stable government for some period of years, along with a (once again, relatively) prosperous economy.

Most interesting was a tourism investment brochure put out by the nation's government. Apparently, tourism incentives include capital gains reductions, income tax write-offs and, if you build the right type of hotel, free land at the ocean!

The publication purports to be from 2008. Take a look!

http://www.visitthegambia.gm/images/stories/downloads/gtainvestguide08.pdf

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