Honorary Consulate of Bosnia And Herzegovina in the Midlands, Bosnia House 639 Stratford Road, Birmingham B11 4DY United Kingdom Tel: 0121 772 3053 E-mail (Consular Inquiries): info@bosniaconsulate.co.uk E-mail (General Inquiries): info@bosniaconsulate.co.uk

Economy

Economy

Investing and conducting business in Bosnia and Herzegovina

The primary reason for your business visit to Bosnia and Herzegovina should be the availability of a highly skilled and educated workforce, along with low operational costs, strong connections to regional markets, and the country’s natural beauty, cultural heritage, and warm-hearted people. Over the past ten years, the business sector has embraced modern business practices, facilitated by the involvement of various international organizations, foreign investors, and technical support programs.

“Bosnia and Herzegovina… excellent workforce, reliable clients, impressive outcomes. Is anything else necessary?”
  • BiH has very favorable geographical position – being on the cross road between the West and the East, Mediterranean and the Continent, two hours flight distance from business centers;
  • Companies in BiH have rich tradition of successful participation in international projects worldwide (before the war, some of companies from BiH were leading world companies in their spheres);
  • BiH has highly qualified and motivated workforce, with good knowledge of foreign languages;
  • BiH has stable currency linked to  EURO;
  • Inflation rate per annum in BiH does not exceed 3%
  • 95% of products from BiH is exempted from all taxes during import in the countries of EU;
  • BiH enjoys trade preferential when exporting its goods in certain number of other countries;
  • In terms of the rights, foreign investors are equaled to local ones;
  • Rights of foreign investors in BiH are specially protected;
  • BiH has up to date telecommunication network;
  • BiH is important power producer and exporter in the region;

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The consular section works by prior appointment. We kindly ask you to come to the Consulate only after having priorly scheduled an appointment