Tunisia’s Doors are Open Wide

According to a recent report by the French Press Agency (AFP), the Tunisian government’s decision in 2006 to allow foreigners to buy freehold property has brought several big institutional investors and real estate developers to the North African country. Economic and political stability has engendered a high level of investment commitment buoyed up by Tunisia’s proximity to Europe and its huge tourism potential. Companies such as Benetton, British Gas and Unilever are just part of the spectacular rise in foreign investment that the country has seen in the last 2 years. With the Tunisian government and the private sector involved in financing a massive overhaul of the tourism market in Tunisia, 2009 is looking good for the country.