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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.
Trade Agreements
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
- Present negotiations is taking place with the Contonou Agreement
which is intended to provide
more support to ACP countries
- 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
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