Franchise Opportunities in Seychelles
Popular franchise directions in Seychelles
Attractiveness of Seychelles for the development of franchise business
Seychelles is an archipelago located in the Indian Ocean, between 480 and 1,600 km from the east coast of Africa. The population is just 95,766 people including 55% living in an urban area. The largest city of the country is its capital, Victoria (22,881 ppl).
Seychelles show the highest per capita incomes in Africa, however, the economy is vulnerable and highly dependant on tourism. Up to 361,844 tourists come to Seychelles each year.
Tourism in Seychelles is very welcoming for many various businesses including franchising. Especially vast opportunities are offered in such tourism-related sectors as entertainment, restaurants, wellness, adventure tourism, eco tours, coffee shop and bars.
There are also favorable conditions for investments in Seychelles such as good strategic location for Africa, political, economic and social stability, foreign-source income is untaxed, no capital gains, gift, property or estate taxes, secure investment location, highly flexible cost-effective financial services legislation.
Among the most successful franchises available for sale in the country are definitely famous international US and European brands which are so sought for by tourists, such as IceBorn, Shakeaway, American Family Care, Coffee-Bike, Gloria Jeans, etc. To start a franchise company in Seychelles an entrepreneur needs to invest from 30.000 up to 350.000 USD on average.
There are high investment business opportunities, as well as cheap franchises in Seychelles presented for review, the choice is yours.
Indicators of Seychelles Business Market
Currency: Seychellois rupee (SCR, SR)
Education Index (2015): 0,706
Official languages: "English, French, Seychellois Creole"
Per capita GDP (PPP): $30,486
Quality-of-life index (0-10): -
Population: 94,228 ths
Total GDP (PPP): $2,919 billion
Ease of Doing Business Ranking, Rank: 96
Human Development Index (HDI): 0,797