Dynamic, cosmopolitan, modern, liberal, and driven by a spirit of entrepreneurship, Bahrain has so much more to it than you may realise. Bahrain has been focused on economic diversification and boasts strong competitive advantages for the potential investor. Have a closer look at the best country to invest in MENA*, and the perfect destination for the expansion of your business within the GCC.
Bahrain has a warm, welcoming society that’s relaxed and friendly in nature. It has been ranked as the 1st expat destination in MENA to live and work in. With over 800 international restaurants, world-class leisure infrastructure and outstanding educational facilities, leading a balanced family life is effortless.
Bahrain is the fastest growing economy in the GCC with a steady growth of 3.9%. Moreover, Bahrain’s strategic location in GCC offers the most convenient access by road, sea and air to the growing $1.5 trillion Gulf economies. And with Saudi Arabia just a 30-minute drive away, businesses here have the advantage of the fastest and most efficient gateway to the region’s largest market.
With progressive regulations and business laws, setting up business in Bahrain is easy. 100% foreign ownership is allowed in most sectors and your business will enjoy 30% – 40% lower operating costs on average, compared to our regional neighbours. Further, Bahrain boasts a supportive regulatory framework and no free zone restrictions. When it comes to business numbers, investing in Bahrain makes complete sense.
Bahrain is home to a highly educated, skilled and bilingual local workforce who are ready to support your ambitious business plans. We also have business friendly visa policies with 116 countries eligible for eVisas and a further 67 countries entitled to get a visa on arrival.
The GCC’s most established financial centre, Bahrain is now home to the largest dedicated FinTech hub in the Middle East and Africa.
Manufacturing & Logistics
Bahrain provides a highly cooperative regulatory system, cost effective operations as well as the fastest, cheapest and most efficient gateway to the region by land, air and sea.
Ranked #1 in MENA for ICT development, Bahrain offers the most competitive and affordable ICT services in the region.
Tourism & Leisure
With over 12 million visitors a year and a sector that is projected to be worth $1 billion by 2020, the tourism sector’s contribution to GDP is the highest anywhere in the Gulf.
The EDB focuses on several economic sectors that encourage businesses to capitalise on Bahrain’s competitive advantages. These represent just a selection of opportunities available to investors and entrepreneurs looking to enter the market in Bahrain, and we encourage you to contact us for a personalised discussion.
#1 in MENA for ICT development
by InterNations, 2018
#1 expat destination in MENA
by InterNations Expat Survey, 2019
#1 in MENA for human capital development
in World Bank Human Capital Index, 2018
#2 in MENA for Human Capital
in WEF Report, 2019
#2 in MENA for ease of doing business
by the World Bank, 2017
Lowest operating costs in the region
KPMG Cost of doing business Report, 2018