Trading in real estate by non-Jordanians is not permitted. Areas of land outside the capital are available at considerably cheaper prices. The number of available vacant business offices is approximately 800. Such an abundance of space is scarce in other congested cities of the region like Cairo, Beirut, Dubai and Tel Aviv. Business entities in West Amman are usually located in the commercial centres of downtown, Shemisani, Gardens Street, Sweifieh and Al-Hussein.
Office space is plentiful and the quality is high.
With the aim of creating a lucrative and friendly environment for foreign investors, the Government has reformed its investment law and streamlined procedures, granting increasingly attractive incentives of tax and customs duty exemptions. Tax exemptions offered by Jordan are in the higher bracket when compared with other countries of the MENA region. International investors seeking to diversify their portfolios are offered excellent opportunities in terms of customs tax holidays, income tax exemptions and unrestricted transfer of capital and profits in most major sectors. Regional offices and offshore firms are treated on an equal footing with Jordanian firms, and are entitled to the same privileges extended to local businesses. The Investment Promotion Law divides the Kingdom into three zones depending on the degree of economic development.