In general there are no restrictions on foreign property or investment.
Acquisition of Holdings
There areno obstaclesto the acquisition oflocal companiesby foreign investors, which mayalso purchasecompanies that are to beprivatized.However, four sectors remain restricted to the government:arms and ammunition, forest plantations, nuclear energy,and security printing.
Obligation to Declare
Any foreigninvestment in thegarment sector, banks,insurance companiesand financial institutionsrequirepre-registration.It is alsoadvisable toregister abusiness entityin order to be eligible for variousgovernmental aid measures.
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