Benefits of Investing in Belize
Belize provides the three main elements sought by international investors:
Stability: Long-standing, democratic tradition; independent judiciary, exchange rate fixed for 25 years
Profitability: Flexible fiscal incentives and concessions, Commercial Free Zones, Export Processing Zones, Repatriation of profits and dividends
Liveability: Subtropical climate, virgin rainforest, un-spoilt beaches and spectacular barrier reef, friendly people.
Furthermore, Belize is strategically located next to Mexico and Central America, near the US and the Caribbean islands, rich in natural resources with a stable and supportive economy, bilingual workforce and established infrastructure.
Belize enjoys benefits under trade agreements with several developed countries. Including:
Preferential market access to the Caribbean Common Market (CARICOM)
Preferential treatment from the USA under the Caribbean Basin Initiative (CBI)
Duty free access to the European Community for certain commodities such as bananas and sugar
under the Lomé IV Convention
Under CARIBCAN, certain Belizean goods enter Canada duty free Government Investment Incentives
The Government offers a menu of incentives that attract even the most cautious investor:
- 100% foreign ownership of both land and company assets.
- Joint ventures with local entities are encouraged.
- Legislation is in place providing incentives for the retirement industry.
- Flexible fiscal incentives and concessions
- Commercial Free Zones and an Export Processing Zone
- Vibrant, International Financial Services Industry
For more information on investing in Belize, please visit the following websites:
The Belize Trade and Investment Development Service (BELTRAIDE) works to help international and local investors in establishing and developing a business in Belize.
The Belize Chamber of Commerce and Industry (BCCI) is the largest private sector membership based organization in Belize.