Please see the current site for material released since that date. Contact us with any questions about finding information. Country commercial guides Are prepared annually at U.S. embassies through the Combined efforts of several U.S. Government agencies. Lebanon has a competitive, open-market commercial Orientation and the most liberal banking regime in the Middle east. There are no restrictions on foreign Exchange or capital movement.
Bank secrecy is strictly Enforced.
Income and corporate taxes are low. There are Practically no restrictions on foreign investment. In 1997, Four prominent international sovereign risk rating firms Granted Lebanon its first international credit rating in 25 years. During the first half of 1998, the government Successfully maintained a reduced deficit, employing much More disciplined fiscal policy than in previous years. While the Asia crisis was felt in Lebanese markets, Leading to the flight of an estimated usd 1-1.2 billion Held by foreign investors, confidence in Lebanon has Remained stable.