Total Area: 143,998 km²
GDP (in million USD): 105,402
Bangladesh is situated between India and Burma in Southeast Asia. Bangladesh is the 7th most populous country in the world, and its population density 1,061 people per square kilometer is the highest of any developing country.
Regulation impedes foreign investment. Starting a business in Bangladesh is difficult. Foreigners often find that ministries require unnecessary licenses and permissions. Land registration records are unreliable. Real property is not well-protected. In spite of all this, the government encourages real estate investors to develop flats and condos instead of individual houses, most especially in the city, because of scarcity of land.
Rental income earned by nonresidents is taxed at a flat rate of 25%. Capital gains earned by nonresidents are taxed at a flat rate of 25%. Properties held for more than five years prior to the sale may be subject to a special flat tax rate of 15%, if this method yields a lower tax liability. There are no inheritance taxes in Bangladesh. Residents are taxed on their worldwide income at progressive rates, up to 25%.