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Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services.
A Targeted Employment Area (TEA) is a region of the United States for which the threshold for investment for an investor to be eligible for the EB-5 visa is $500,000 or $900,000 (as opposed to the usual $1,800,000 threshold for the US as a whole), with a judge striking down the increase of the amount from $500,000 to $900,000 but USCIS website continuing to state it as $900,000.
Navoi Free Industrial Economic Zone - The Navoi Free Industrial Economic Zone was created on December 2, 2008 in the Navoi region of the Republic of Uzbekistan to attract foreign investment. [60] Jizzakh high-tech industrial park - Uzbekistan and China are working together to jointly establish a SEZ in the central Uzbek city Jizzakh. This high ...
The U.S. foreign-trade zones program was created by the Foreign-Trade Zones Act of 1934. The Foreign-Trade Zones Act was one of two key pieces of legislation passed in 1934 in an attempt to mitigate some of the destructive effects of the Smoot-Hawley Tariffs, which had been imposed in 1930. The Foreign-Trade Zones Act was created to "expedite ...
Employment Zones were areas within the UK designated as such to 'loosen restrictions' and requirements on government assistance in job acquisition. Those living in Employment Zones were able to get financial assistance to set up in business, improve their skills or even buy clothes for a job interview. [1]
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Free Zone (region), part of Western Sahara; Zone libre ('free zone'), a partition of the French metropolitan territory during World War II; Special economic zone. Free economic zone, or free zone, or free port; Free-trade zone