Dual Currency Regime
Dual Currency Regime
The Liberian Dollar is the official currency of the Republic of Liberia. However, the United States Dollar is a legal tender in Liberia and is used alongside the Liberian Dollar currency. The Liberian currency comprises of banknotes and coins.
The Liberian Dollar is the official currency of the Republic of Liberia. However, the United States Dollar is a legal tender in Liberia and is used alongside the Liberian Dollar currency. The Liberian currency comprises of banknotes and coins.
Investors coming to Liberia stand to benefit from our dual currency regime and these are some of those benefits:
Investors coming to Liberia stand to benefit from our dual currency regime and these are some of those benefits:
Dual Currency Regime
The Liberian Dollar is the official currency of the Republic of Liberia. However, the United States Dollar is a legal tender in Liberia and is used alongside the Liberian Dollar currency. The Liberian currency comprises of banknotes and coins.
Investors coming to Liberia stand to benefit from our dual currency regime and these are some of those benefits:
Minimum restriction on the repatriation of profits and no currency exchange restrictions
Minimum restriction on the repatriation of profits and no currency exchange restrictions
Section 11 of the Investment Act of 2010 strengthens investment protection by ensuring the ability of investors to repatriate capital and profits. These may include profits and dividends (net of taxes), remittance of money (net of taxes) in the event of the sale or liquidation of the business, repayments of loans acquired from foreign banks, etc.
Section 11 of the Investment Act of 2010 strengthens investment protection by ensuring the ability of investors to repatriate capital and profits. These may include profits and dividends (net of taxes), remittance of money (net of taxes) in the event of the sale or liquidation of the business, repayments of loans acquired from foreign banks, etc.
Diversification
Diversification
Dual currency investments allow investors coming into the country to diversify their portfolios by holding assets in both U.S. dollars and Liberian dollars, which can reduce risk associated with currency fluctuation.
Dual currency investments allow investors coming into the country to diversify their portfolios by holding assets in both U.S. dollars and Liberian dollars, which can reduce risk associated with currency fluctuation.
Hedging Opportunities
Hedging Opportunities
Investors can hedge against currency risk by using dual currency. This can protect their investments from adverse movements in exchange rates.
Investors can hedge against currency risk by using dual currency. This can protect their investments from adverse movements in exchange rates.
Flexibility
Flexibility
Investors can choose to switch between currencies based on the market conditions or personal preferences, providing greater flexibility in managing their investments.
Investors can choose to switch between currencies based on the market conditions or personal preferences, providing greater flexibility in managing their investments.
Enhanced liquidity
Enhanced liquidity
Better liquidity of dual currency products, enabling easier buying and selling of investments.
Better liquidity of dual currency products, enabling easier buying and selling of investments.
Contact Us
Liberia SEZ Authority VP Road,
Old Road Monrovia, Liberia
Email: info@liberiaseza.gov.lr
Line 1: +231(0)888229122
Line 2: +231(0)888662955
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Contact Us
Liberia SEZ Authority VP Road,
Old Road Monrovia, Liberia
Email: info@liberiaseza.gov.lr
Line 1: +231(0)888229122
Line 2: +231(0)888662955
Get Email Updates
Stay up to date with all the latest industry news
Contact Us
Liberia SEZ Authority VP Road,
Old Road Monrovia, Liberia
Email: info@liberiaseza.gov.lr
Line 1: +231(0)888229122
Line 2: +231(0)888662955
Get Email Updates
Stay up to date with all the latest industry news
