Forbes Japan has named Batumi, Georgia, as one of the top 10 European cities for investment. This recognition highlights Batumi's potential as a prime destination for entrepreneurs and investors alike.
The article highlights Batumi's major attractions, including a liberalized economy, low taxes, and affordable real estate prices. These features make Batumi an ideal location for those looking to start a business and invest in tourism or real estate.
Batumi offers a strategic position and a welcoming environment for business ventures. The city's tax structure is particularly appealing, with a corporate tax rate of just 15% and property taxes ranging from 0.2-1% of the property's market value. Both individuals and corporations benefit from these low rates. Additionally, Batumi boasts a low cost of living and one of the lowest crime rates in Europe, ensuring a high quality of life for residents and a secure environment for businesses to thrive, remarks Forbes Japan.