Myanmar's New Foreign Investment Law Overview

Investment Benefits in Myanmar cont'd ODFDL LEGAL & TAX Under the Foreign Investment Law (2012), the government of Myanmar is intent on creating a favorable investment climate by offering several incentives and benefits to investors including: guaranteed remittance of investment gains in the same foreign currency that investors brought in at the outset; permission to stipulate a variety of dispute resolution mechanisms; the ability to lease land from the government or authorized private owners for a period of 50 years (with two consecutive terms of ten-year extensions possible); a guarantee against nationalization; and, guarantees against termination without sufficient cause.

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