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06/30/08 03:17

  'Open a business in Nepal' Business  

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Open a business in Nepal

Yuliya (90.47.92.234) -

Hi, I want to open a guest house in Nepal. I am not a nepali citizen. What type of contract should I sign with a nepali person, to bye a land, build a hotel, and get all licenses.

I understand that on the papers everything will belong to that person, how can I insure myself in that case? What are the chances that that contract is reliable?

From what I have read, i dont have a right to invest in Nepalise hotel.

So I am obliged to have a nepali partner.

Please if someone had that type of affair in Nepal, answer me.

Thanks in advance.


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Reply #1 Nepali American from Boston, MA -

Hi Yulia,

I am sure there are ways around this. One of these might be to make purchases in Nepal through a corporation, rather than individually. An extension of this could be an international corporation that does business in Nepal.

I am a Nepali who has been living in the US for close to 20 yrs with an American passport. I am returning back to Nepal since I see Nepal as being ripe for investmenst such as the one your are speaking about. Please feel free to contact me if you wish to discuss this further since I am looking into the same field as you are.

Cheers,


Reply #2 Rafael (84.175.99.136) -

i am also interested in opening a guesthouse/hotel in nepal. i will be in about 3 weeks in nepal. i am german and would like to open a business with a partner, restaurant or guesthouse/hotel, in pokhara or kathmandu. if you are serious about this, we could do it together.

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