Publisher's Synopsis
Seychelles welcomes foreign direct investment. The government's objective is to promote economic and commercial relationships to sustain its tourism and fishing industries, which are currently the main drivers of economic growth, as well as to diversify the economy. However, certain types of businesses have been classified by the GOS as reserved for domestic investors only: 1. Accommodation of up to 10 rooms (excluding luxury villas) 2. Liveaboard (overnight scuba services up to 2 boats) 3. Travel Agent 4. Tourist Guide 5. Car Hire Operator (foreign franchises must be maintained by Seychellois) 6. Tour Operators 7. Boat Charter 8. Taxi Operator 9. Diving Centers (excluding dive operators) 10. Water Sports 11. Cottage Industry Projects 12. Video Shops 13. Internet Reseller 14. Public Exhibition of Films 15. Employment Agency 16. Building Contractor (with limited exceptions) 17. Artisanal Fishing 18. Small Enterprises (except where the project introduces or ventures into an area never before invested in, or introduces new technology that has never before been applied in Seychelles).
