Mongolia, landlocked by two powerhouses, China and Russia, is the least densely populated independent country in the world.

Mongolia, landlocked by two powerhouses, China and Russia, is the least densely populated independent country in the world. Once the heartland of an empire stretching from modern day Iraq to the Korean Peninsula, Mongolia no longer uniformly conforms to the romantic image of ger-dwelling pastoral nomads. Indeed, the capital, Ulaanbaatar is now a modern urban metropolis, with a growing population of more than 1.4 million.

Following the collapse of the U.S.S.R, Mongolia’s ruling party stepped down in 1991, allowing the country to embrace a healthy democracy and free market principles. Mongolia has a rapidly developing tourism industry and a stable economy backed by vast mineral reserves and natural resources. Consumption patterns indicate wealth created by the mining industry has resulted in a broader middle class, increasing demand in the real estate market.

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Mongolia
Economy Since the democratic revolution of 1990, Mongolia has adopted democratic ideals and free market principles, creating a stable business environment conducive to the recent mining boom. As a result, the economy has grown positively, and many international organizations are still forecasting Mongolia’s GDP to continue to grow for many years to come.
Legal At the time of its transition from Soviet satellite to free-market democracy, experts from several multilateral organizations helped Mongolia to reform its legal system and establish a continental legal tradition. The legal system is generally favorable to foreign investors with foreigners enjoying exactly the same immovable property rights as Mongolian citizens.
Regions Ulaanbaatar is the political, economic, and cultural center of the nation. The vast majority of the country’s housing stock is located in the capital. While provincial cities will offer significant growth opportunities in the future, in Ulaanbaatar we have reliable data to qualify investment decisions.

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