What's a free trade zone

An Airport, seaport, or any other designated area for duty-free import of raw materials, components, sub-assemblies, semi-finished or finished goods. Such items can be stored, displayed, assembled, or processed for re-export or entry into the general market of the importing country (after paying the required duties). Also called foreign trade Zone or free zone.

Benefits of the free trade zone:

Various job opportunities and business options.

Increased foreign exchange earnings

When you are in a free trade zone you can find some great deals on products because no one is taxing them.

Expatriates of multinationals and foreign manufacturing firms are found and resident in the areas around the free trade zone, so owning a property or a house near the FTZ can be an investment of great value to you.

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