Invest in Mongolia? Have you thought about this before? One of the most interesting investment opportunities currently available in the world is Mongolia. Mongolia remains the final frontier for investors to profit from sustained and rapid growth, with over US$10 billion already committed to deep-seated mining and infrastructure projects.

FDI flows to Mongolia amounted to USD 2.4 billion in 2019, up from USD 2.2 billion in 2018 (+12.4 percent), whereas from 2021 to 2022, the total FDI inflow increased to 6.1 billion USD. As of the first quarter of 2023, the net inflow of FDI was 593.4 million USD which has increased by 6% compared to the same period of the previous year.

As of 2022, the FDI stocks in Mongolia by investor countries were reported as follows: 40% from the Netherlands, 18% from China, from Singapore, 5% from Hong Kong, 5% from Japan and 3% from Luxembourg. 

Hopefully, below guide posts will guide you to consider Mongolia as your next destination for investment and business opportunities. Here is our prepared Mongolia invest articles. Please check them.

Advantages of invest in Mongolia

Mongolia is blessed with substantial resources and proximity to major regional markets. As one of the world’s leading mineral resources, Mongolia has over 8 thousand occurrences of 1170 minefields of 80 types of mineral deposits.

In addition to extensive mining resources, we also have wide opportunities and potential for the growth of the conventional agriculture sector. The sector is one of the priority sectors for the country’s economy and cultural heritage, with food and agricultural production accounting for 20% of Mongolia’s GDP, 35% of Mongolia’s total labor force, and 73.6% of Mongolia’s land being agricultural land.

Mongolia, the birthplace of Chinggis Khaan, offers unique natural landscapes and mysterious historical and cultural relics. It’s still one of the last great adventure destinations in Asia. Tourism sector is one of the interesting sector for Mongolia invest.

As a foreigner, Mongolia is a wonderful place to invest in property. Combined with a great tax policy and no trade restrictions, the regulatory system for title and property rights makes Mongolia one of the best property ownership destinations in Asia.

With the introduction of the new Securities Law (2014) and the Investment Fund Law (2013), there are significant potential high-growth opportunities for new investors in the emerging advanced financial products and services industry, given its high demand within the country.

With ICT’s overall sales increasing exponentially every year, new demand from international buyers can build a higher-speed network and create a competitive network for global markets. Since it was liberalized in the early 1990s, the telecommunications sector in Mongolia has grown rapidly.

The currency is freely circulating and fully convertible and there are no problems repatriating income from Mongolia. Indeed, the recent weakness in the exchange rate gives investors deploying foreign currency to the property markets a good buying opportunity.

The tax laws in Mongolia are clear, with 10% tax on income representing one of the lowest rates of income tax in Asia. Furthermore, there is no idea of a tax on capital gains on the market and just a two per cent tax on stamp duty charged on the final selling of the properties.

The Government of Mongolia has continuously pursued policies that enhance the business climate and boost the competitiveness of the country.

Moreover, Mongolian business culture isn’t as challenging as many businesses believe. Patience, integrity, respect for their business customs and a long term view to business success are the main ingredients to succeed in Mongolia.

China, Canada, Russia, Great Britain and the United States are major Mongolia investment allies. Mining, energy and manufacturing are the industries receiving the most foreign investment.

Mongolian Business will help you to invest in Mongolia

Internal resources for Mongolia invest

You can find other useful information on the following page. Doing Business in Mongolia & Complete Guide 2021

About us

It is possible to set up a business entity in Mongolia in just 14 days and successful business in Mongolia can generate a significant proportion of global profits within 3 – 5 years. Use of our Expert Business Support & Invest in Mongolia Center services can cut the time required to establish a business in Mongolia down to 7 days. In Mongolia, we welcome you to invest in it. Your trusted friends, we must be.

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