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Type of Business

Posted on: 15th Jan 2015

The most common businesses operated by foreigners abroad include holiday accommodation, caravan and camping sites, building and allied trades (particularly restoring old houses), farming, catering, hotels, shops, franchises, estate agencies, translation and interpreting bureaux, language and foreign schools, landscape gardening, and holiday and sports centres.

            The majority of businesses established by foreigners are linked to the leisure and catering industries, followed by property investment and development. Many professionals such as doctors and dentists also set up practises abroad, particularly to cater to the expatriate community. There are also opportunities in import and export in many countries, e.g. importing foreign products for the local and expatriate market, and exporting locally manufactured goods. You can also find niche markets in providing services for expatriates and others, which are unavailable locally.

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