Business Environment

Business Environment

As the Caribbean gateway to Central America, Belize shares the best of both worlds. With an English speaking, well-educated workforce, stable political economy, investor-friendly tax environment, and a location only two hours from the US, there are many advantages to investing in the beautiful country of Belize.

Belize provides the three main elements sought by international investors:

  • Stability: long-standing, democratic tradition; independent judiciary; fixed exchange rate since1978
  • Profitability: attractive Fiscal Incentives and concessions; Commercial Free Zones; Export Processing Zones; repatriation of profits and dividends.
  • Liveability: subtropical climate, virgin rainforest, un-spoilt beaches, a spectacular barrier reef and friendly people

Other reasons to Invest:

  • Emerging investment location
  • Fixed Exchange Rate with the US Dollar (Bz$2 = US$1) since 1978
  • Pro-business environment
  • Close proximity to the US, Canada, and Mexico
  • Daily flights to the US market (approximately a two hour flight)
  • Stable democratic government
  • Pro-business governance
  • Free market principles
  • Free flow of information
  • Modern banking and telecommunication systems
  • 100% business ownership
  • Repatriation of capital
  • Foreigners do not need qualifications to own real estate and can acquire full title to properties
  • Affordable cost of land with increasing property values
  • Established infrastructure Business-friendly legal framework Excellent Government Incentives
  • Relatively low Tax Structure
  • Advantageous trade agreements and bilateral relations

Business Hours

  • Standard office hours are as follows: for government offices, 08:00-12:00 and 13:00-17:00 Monday to Thursday; 08:00-12:00 and 13:00-16:30 on Fridays, (17:00 for private sector).
  • The Belize dollar (Bz$) has been pegged to the United States dollar (US$) since 1976 and carries a fixed rate of exchange of Bz$2.00 to US$1.00.
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