Batumi was named among the 10 best investment destinations in Europe. The data was published by the prestigious travel platform “Europe’s Best Destination” in Europe.

Batumi is in the third place in the guide of the organization, after Monaco and Geneva. Nice, Paris and Milan are in the top ten.

The article states that the Adjara region offers many tax incentives to attract investors. In particular, it provides investors with the right to repatriate their income after paying taxes, it provides complete freedom of doing business, which is accompanied by a very low tax rate. It is also mentioned that business registration can be done in one day.