Slovenia business opportunities

Business Opportunities in Slovenia

Slovenia business opportunities

Slovenia business opportunities

The Big Picture
Slovenia’s recent economic history can best be described as mixed: in the years immediately before the debt crisis, GDP expanded by upwards of 5% per annum. Unfortunately, high rates of corporate borrowing resulted in its economy being caught in a vulnerable position when the credit market went haywire. National product figures tumbled, austerity measures were implemented and exports suffered greatly.

However, beginning in 2014, economic growth appears to be back on track, a trend which is generally expected to accelerate in 2017 and ’18. For those searching for Slovenia business opportunities, this European Union country offers a well-educated workforce, good infrastructure and industrial base, and a stable and rational regulatory framework. With public debt levels still around 85% of GDP, the government is eager to attract long-term foreign direct investment, an attitude which, for example, makes obtaining residency through a business visa quite painless compared to other EU countries. Also, many Slovenian businesses with good potential over the longer term were badly affected by the tumult of recent years, and can be considered undervalued.

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Searching for Slovenia Business Opportunities
Although many Slovenians speak fluent English, this is not an official language, so any official business will usually require an interpreter. Additionally, some regulations affecting enterprises might be different from what you’re used to, so finding a trustworthy, bilingual lawyer would be an excellent first step.

Slovenia business opportunities are advertised (in English) online <<http://www.investslovenia.org/investment-opportunities/>>, so you can browse for suitable opportunities before visiting the country. At the present time, government privatization and an underperforming tourism sector are causing good deals to be available to the canny investor.

The Slovenian economy is generally orientated towards exports, so manufacturers looking for a toehold within the EU might well look at this country as a possible location. Considering the generally high skill level of the workforce, sectors such as pharmaceuticals and electronics are strong performers. The expected increase in disposable household income over the coming years also allows for the possibility of opening Western-style, consumer-orientated franchises before the market is saturated.

Throwing Your Hat Into the Ring
If low corporate taxes, an ideal strategic location, a comfortable standard of living and all the other benefits of investing in Slovenia pique your interest, there are several ways you can go about getting more concrete information. The Slovenian government’s investor-friendly policy means that a visit to an embassy or consulate may be worth your time, assuming you have one nearby. Alternatively, organizations such as AmCham <<http://www.amcham.si>> and Slovenia.si <<http://www.slovenia.si>>, funded by government as well as local and international corporations, are excellent sources of information.

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