Welcome to Libya
Quick facts about Libya:
learn about Libya: Location, population,
travel, major cities, flag, map, photos, hotels, tourist,
investment, business and more.
Libya (officially called the Great Socialist People’s Libyan
Arab Jamahiriya) is an African country that borders Egypt,
Sudan, Chad, Niger, Algeria and Tunisia. Here
are some
interesting facts about Libya that you probably don’t know!
Libya is a country that is emerging from years of isolation
with an economy that is functioning well now after the international
sanctions have been removed
The real estate business in
Libya (libya Arab Jamahiriya) has shown a
significant increase in the last few years and it is
expected to continue to increase for years.
Facts About Libya
Libya Location:
Libya lies in Northern
Africa, bordering the Mediterranean Sea, between Egypt and
Tunisia.
Libya
Boundaries:
Algeria
982 km, Chad 1,055 km, Egypt 1,115 km, Niger 354 km, Sudan
383 km, and Tunisia 459 km.
Libya
Geography:
Size is 1,759,540 sq km , slightly larger than Alaska, US.
Libya's terrain is mostly barren and flat but with some
undulating plains, plateaus, and depressions. Libya's
climate is similar to Mediterranean countries along its
coast but very dry and hot as you move further inland.
Libya's lowest point is at the Sabkhat Ghuzayyil which
measures -47 m (below sea level) ; its highest point is
Bikku Bitti which stands at 2,267 m. Libya doesn't have much
arable land since 90% of the country is desert. Libya does
have a lot of oil and natural gas.
Population
of Libya:
Just over 5.7 million people live in Libya. Life expectancy
is around 76 years. Birth rate is on average 3.3 per woman.
Literacy rate is just over 82%.
Languages in Libya:
Arabic, Italian, and English, all are widely understood in
the major cities.
Ethnic
Groups in Libya:
Berber and Arab 97%, Greeks, Maltese, Italians, Egyptians,
Pakistanis, Turks, Indians, and Tunisians make up the rest
of the population.
Religion:
Sunni
Muslims make up 97% of the population.
Investment in Libya
The Foreign Investment Law provides many incentives for
licensed projects, such as a five-year exemption from
corporate tax, with a possible extension of a further three
years if net profits are reinvested in the project.
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Properties for rent in
Libya
If you are moving or
relocation in Libya we can help find an apartment or a
flat in Tripoli or Benghazi or any other areas.
contact us for any inquiry.
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Doing Business in Libya
"Libya is a virgin market," begins a recent State Department report
about doing business there. "Opportunities exist in almost every
sector."
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Libya
Investment Authority
The Libyan Investment
Authority (LIA) is a government entity headquartered in
Tripoli, Libya. It was established on August 28, 2006, by
Decree 208 of the General People's Committee of Libya(GPCO)
with estimated capital of $40 billion.
Hotels in Libya
5 star hotels in Libya and search for hotels in Libya
Travel To Libya
Information and facts about Libya Properties - Hotels Libya,
Travel, Libya investment, business, and news
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