There are many reasons to invest in Macedonian real estate, some of which are:

• Market Access - Duty-free access to a market of over 650 million people including the EU, Eastern and South European markets and Turkey

• Good Strategic Position – At the crossroads of Europe with major pan-European transportation corridors intersecting the country; Corridor 10 (North-South) and Corridor 8 (East-West)

• Low Costs – One of the most cost competitive locations in Europe with average monthly gross salaries of approximately 380 Euro

  Low Taxes – Corporate Income Tax rate moving down from 15% to 12% in 2007 and 10% in 2008; a ten year tax holiday is available in special Free Economic Zones

• Great People – A young (45% under 30), loyal, and educated workforce available (unemployment rate of 37%) with a strong work ethic and excellent industrial relations record

• Stable Democracy – A stable political and economic climate within a multi-party parliamentary democratic system and with official EU Candidate Country status

• FDI a Top Priority – A new Government elected in July 2006 whose top priority is the attraction of more Foreign Direct Investment (FDI) to Macedonia; open door to two young and dynamic special Cabinet Ministers whose sole responsibility is the attraction of FDI

• Negotiable Financial Incentives – An attractive package of support incentives can be negotiated on a case by case basis

• Good Infrastructure – Excellent telecommunications system (100% digital), extensive WiFi coverage, motorway standard roads connecting main cities, plentiful supply of power, 10 international airlines serving the capital Skopje

• Responsive University System – Universities willing to collaborate with incoming investors in finding ways to meet skills needs

• Excellent Linguistic Skills – The major Balkan languages understood in Macedonia with English (widely spoken), French and German being compulsory at primary and secondary level of education

• Good Living Environment – Highly attractive living and working conditions with good houses, apartments, hotels and restaurants available at very competitive rates.