Explore Iran, the best potential land for investment   I- Introduction Iran, the best potential land for investment. The postwar Economic Development Programs in Iran were aimed at the revival of the economy. All efforts were aimed at launching plans to reconstruct a drastically devastated economic structure after the termination of imposed Iran-Iraq war. After long term experiencing centralized and state-owned economy , measures were taken aimed at running a market economy through providing the private sector, namely independent businessmen, with the required facilities and appropriate opportunities. In other words an open one is gradually substituting the former centralized policy. Thus, the main aim of this program is to urge the private sector to play its role in helping the revival of the economy. Such measures are in the framework of a move toward open economy. So is urging foreign investments. II- Foreign Investment Environment The first law on foreign investment was ratified in 1955, which, is still honored ,and in 1993 the law for the administration of Free Trade and Industrial Zones(FTZ), and Special Zones was approved by the parliament. According to the law" Attraction and Protection of Foreign Investment" ratified in 1955, foreign investors can invest in all the economic sections, in which private sector in Iran is permitted to have activities , in the form of "joint venture" with iranian partner. According to the law "the administration of Free Trade and Industrial Zones", which was ratified by the parliament in 1993, Kish and geshm Islands as well as Chabahar Port were selected and introduced as free ports allocated to business and industry, and foreign investors can invest in this areas in the form of joint venture or direct investment. Exceptional facilities and provision of special privileges aimed at attracting investors to the said three zones, which in term would pave the way for development include: -Any business or industrial activity in such trade zones from any kind of taxation for a period of 15 years -Traveling in or out of such free ports without entry visa -Duty free shopping -Duty free import and export of goods -Access to the international waters -Access to the consumers and markets in the Central Asian States and the Persian Gulf littoral states -Access to Iran's inexpensive and enormous natural resources -Opportunity to benefit from the skills of Iranian experts, technicians and the cheap labor.   The Free Trade Zones enjoying fascinating and tempting potentials and extraordinary facilities invite the foreign investors to consider aforementioned possibilities. The areas subject to above mentioned privileges and regulations are divided in two parts: A- The Free Trade Zones comprised of Kish, Qeshm and Chahbahar, allocated to commerce and industrial Investments. B- Special Zones are aimed at duty free import and export of goods. Being considered the origin of or destination for shipment of such goods they include the followings: -Sarakhs Special Economic Zone on the Turkmenistan, Iran borderline -Sirjan Special Economic Zone, Kerman Province -Bandar Anzali Port Special Economic Zone, Gillan Province -Khuzestan Special Economic Zone near Abadan and Khoram-Shahr -Salafchegan Special Economic Zone near Qom -Arg-e-Jadid Special Economic Zone near Bam -Khoram-Shahr Special Economic Zone on the Arvand-Rood bank -Julfa Special Economic Zone adjacent to the Julfa border Customs House -Imam Special Economic Zone near Imam Khomeini Port allocated to Petrochemical activities And other Special Economic Zones. Therefore foreign investment in Iran is possible in two ways: -Investment in Iran (Main Land) which is subject to the law "Attraction and Protection of Foreign Investment" -Investment in "Free industrial-trade zones" and "Special zones" which is subject to the law "the administration of Free Trade and Industrial Zones".