Property for sale in Bhutan

Is the capital of Bhutan, and also the name of the surrounding valley and dzongkhag, the Thimphu District. With a population of 98,676 (2005 PHCB), it is the largest population centre in the country. Get more information on property for sale in Thimphu.

The Kingdom of Bhutan  is a landlocked nation in South Asia. It is located amid the eastern end of the Himalaya Mountains and is bordered to the south, east and west by India and to the north by China.

Bhutan's relatively small economy is heavily controlled by the government. So-called public sector corporations dominate many spheres of the private sector and there are reports that these corporations are run rather inefficiently.

 Implementing the labor law, cutting down procedural steps, and speeding up property registration have made Bhutan one of the top business friendly countries in South Asia. This law also removes the 12-month limit on fixed-term contracts, eases restrictions on night work, and does away with mandatory pay premiums for daytime overtime. Bhutan also sped up property registration by a month by adding more judges to handle property transfers.

According to the World Bank, in 2004, it took 11 steps to launch a business in Bhutan, over an average of 62 days, at a cost equal to 11.0% GNI per capita. Bhutan does not require a minimum deposit to obtain a business registration number. Registering property takes 44 days in Bhutan, has four procedures, and costs an average 1% of the property value. While there is no measurable data on the ease of obtaining credit in Bhutan, the World Bank did calculate costs of 0.6% of income per capita to create collateral. Currently, there is no assessment for business closure policies.