Investing in Puglia, one of the most beautiful Italian regions, situated in the heel of the peninsula between the Adriatic Sea and the Ionian Sea, and represents the south-eastern European gateway.
Why investing in Puglia (Apulia)
Its particular position and its international infrastructures (roads, ports and modern airports) allow a rapid exchange with the rest of Italy, the leading countries of the Mediterranean, Eastern Europe and Asia, making it one of the largest Italian regions with an international vocation.
The favourable climate, its particular landscape, the many kilometres of coastline and the innovative policies of the regional government allow Puglia today to be an innovative hub for many business sectors such as agriculture, tourism, transport, new technologies, aerospace, military, engineering and mechatronics, fashion and furniture.
The food & beverage sector is of particular importance and tradition, with important productions with a protected and controlled designation of origin in the wine and bread and pasta sector.
Therefore, Puglia offers a varied opportunity to export investments and technological know-how to the world.
Even the real estate – tourism sector (Villas, hotels and farms) is among the most considered for investments.
Incentives to invest in Puglia.
The regional government of Puglia, for a long time, offers incentives to those who locate new activities or invest in activities already existing in Puglia
1. Incentives for small start-ups with the NIDI program;
2. Aid for investments for Small and Medium Enterprises through support for access to credit for the creation of a new production unit; the expansion of an existing production unit; diversification of the production of an existing plant to obtain products never previously manufactured; the fundamental change in the overall production process of a current production unit;
3. Aid for investments in the tourism sector for the expansion, modernization and restructuring of tourist hotel structures, including facilities for services that are functional to the performance of the activity (such as bars, gyms, swimming pools, wellness centres, etc.) as well as interventions aimed at overcoming architectural barriers, renewing and updating technology, improving environmental impact; the construction or modernization of bathing establishments, including spaces for catering and the supply of food and drink, parking lots and mooring points.
Furthermore, Puglia now offers many opportunities for investment in existing and established companies that do not enjoy a generational turnover.
What steps to take to invest in Puglia.
Like the other Italian regions, Puglia follows the national and European Union corporate legislation, which provides for the creation of corporate entities of capital and people.
The foreign investor will then be able to choose whether to set up a new subsidiary company (The “SRL” limited company with a minimum capital to be paid of € 1.00 and a sole shareholder, among the most used), a branch, representative office or permanent establishment.
If you are an individual or in retirement you can also consider to buy a home for your holidays or permanent residence and to run a small entrepreneurial activity in the tourism sector by opening a B&B or a farmhouse.