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Why invest in Bolivia ?
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Reason to invest in Bolivia
|  | Reason to invest in Bolivia | | | | | - There have been five consecutive democratic transitions and in each of these the entering political party was part of the opposition. The democratic system is firmly established and Bolivia.
- The last 18 years have been years of sustained economic growth and the country's economic stability has been preserved despite strong external shocks.
- Market access to world and regional markets; member of the Andean Community, associated member of Mercosur and trade agreements with many countries. Duty free access to USA (ATPDEA) and EU (SGP)
- Free market economy and regional leader in economic reforms
- Inflation rates have remained one of the lowest of Latin America for the past 18 years. Inflation rate for 2002 has been 2.45% and for 2003 it is estimated to be around 5%.
- Foreign investors have the same rights, duties and guarantees than those granted to domestic investors in Bolivian legislation.
- Legal reforms liberalize and protect trade and foreign investment. Foreign investors are guaranteed proprietary rights.
- Capitals may enter and leave the country freely and no limitations are imposed on the remittance abroad of dividends, interests and royalties paid for technology transfer or other concepts.
- Freedom of production, trading, pricing, import and export of goods and services is guaranteed.
- Foreign currency exchange is unrestricted. It may be converted freely at any time and all economic agents have the right to carry out transactions of any kind, whether in foreign or local currency.
- Contractual disputes may be submitted to arbitration tribunals with no restrictions whatsoever.
- Exporters of goods and services are reimbursed on applicable local taxes and customs duties paid on goods and materials incorporated into export products, in the framework of tax neutrality.
- Competitive and reliable energy and electricity supplies, telecommunications systems and excellent road infrastructure to the ports in the Pacific Ocean and competitive labor costs make Bolivia the ideal production center in the heart of South America.
- Bolivia has export processing zones, customs-free areas and storage terminals. They operate under the principle of customs and tax segregation and are thus tax and duty-free.
- Abundant natural resources: Sustainable forestry resources, with the largest area of certified tropical forests, second largest reserves of gas in the western hemisphere, diverse and quality agricultural and cattle lands, untapped mineral resources and the largest population of llamas in the world among others.
- Bolivia has a simple and attractive tax regime, with:
- 13% Value-Added Tax
- 25% Corporate Income Tax
- 3 % Transactions Tax
- 13% Personal Income Tax
- 10% Standard import duty for consumer goods
- 0 to 5% Import duty for capital goods
- Investment insurance with OPIC and MIGA
- Its great variety of natural resources, rapidly growing infrastructure and safety and attractive life style, make Bolivia a good country to invest, work and live in.
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