{"id":104,"date":"2018-08-10T04:31:08","date_gmt":"2018-08-10T04:31:08","guid":{"rendered":"http:\/\/congenbz-chi.azurewebsites.net\/?page_id=104"},"modified":"2018-08-10T04:31:08","modified_gmt":"2018-08-10T04:31:08","slug":"business-in-belize","status":"publish","type":"page","link":"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/business-in-belize\/","title":{"rendered":"Business in Belize"},"content":{"rendered":"<div id=\"comp-j4olpmt9\" class=\"txtNew\" data-packed=\"false\" data-min-height=\"344\">\n<p class=\"font_7\">\nBelize provides the three main elements sought by international investors:\n<\/p>\n<ol>\n<li class=\"font_7\">Stability:\u00a0Long-standing, democratic tradition; independent judiciary; fixed exchange rate.<\/li>\n<li class=\"font_7\">Profitability:\u00a0Flexible fiscal incentives and concessions;\u00a0Commercial Free Zones (CFZs);\u00a0Export Processing Zones (EPZs);\u00a0repatriation of profits and dividends.<\/li>\n<li class=\"font_7\">Liveability:\u00a0Subtropical climate;\u00a0virgin rainforest;\u00a0unspoiled\u00a0beaches and spectacular barrier reef;\u00a0friendly people.<\/li>\n<\/ol>\n<p class=\"font_7\">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.<\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\"><iframe src=\"https:\/\/www.youtube.com\/embed\/GJjBEtrfIHg?ecver=2\" style=\"position:absolute;width:100%;height:100%;left:0\" width=\"640\" height=\"360\" frameborder=\"0\" allow=\"autoplay; encrypted-media\" allowfullscreen><\/iframe><\/div>\n<h6 class=\"font_6\"><\/h6>\n<\/div>\n<div id=\"comp-j4olslza\" class=\"style-j3m342hx\">\n<div id=\"comp-j4olslzavideoFrame\" class=\"style-j3m342hxvideoFrame\" tabindex=\"0\"><\/div>\n<div tabindex=\"0\"><\/div>\n<\/div>\n<div id=\"comp-j5bhci8x\" class=\"txtNew\" data-packed=\"false\" data-min-height=\"344\">\n<h5 class=\"font_8\">\nTrade Agreements<br \/>\n\u200b<\/h5>\n<p class=\"font_8\">\nBelize enjoys benefits under trade agreements with several developed countries, including:\n<\/p>\n<ul>\n<li class=\"font_8\">Preferential market access to the\u00a0Caribbean Common Market\u00a0(CARICOM).<\/li>\n<li class=\"font_8\">Preferential treatment from the USA under the\u00a0Caribbean Basin Initiative\u00a0(CBI).<\/li>\n<li class=\"font_8\">Under the\u00a0Lom\u00e9 IV Convention, duty-free access to the European Community for certain commodities such as bananas and sugar.<\/li>\n<li class=\"font_8\">Under the\u00a0Caribbean-Canada Trade Agreement\u00a0(CARIBCAN), certain Belizean goods enter Canada duty-free.<\/li>\n<\/ul>\n<h5 class=\"font_8\">Government Investment Incentives<\/h5>\n<p class=\"font_8\">The Government of Belize offers a menu of incentives that attract even the most cautious investor:<\/p>\n<ul>\n<li class=\"font_8\">100% foreign ownership of both land and company assets.<\/li>\n<li class=\"font_8\">Joint ventures with local entities are encouraged.<\/li>\n<li class=\"font_8\">Legislation is in place providing incentives for the retirement industry.<\/li>\n<li class=\"font_8\">Flexible fiscal incentives and concessions<\/li>\n<li class=\"font_8\">Commercial Free Zones and an Export Processing Zone<\/li>\n<li class=\"font_8\">Vibrant, International Financial Services Industry<\/li>\n<\/ul>\n<p class=\"font_8\"><span class=\"wixGuard\">\u200b<\/span>For more information on investing in Belize, please visit the following websites:<\/p>\n<h6 class=\"font_6\">\u00a0<a href=\"http:\/\/www.belizeinvest.org.bz\/\"><img decoding=\"async\" class=\"size-full wp-image-127 aligncenter\" src=\"https:\/\/congenbz-la.azurewebsites.net\/wp-content\/uploads\/2018\/03\/872f7d_841b3ed91a3e41a0a818a7a67dd1996c_mv2.png\" alt=\"\" width=\"216\" height=\"153\" \/><\/a><\/h6>\n<\/div>\n<div id=\"comp-j5bhnlqd\" class=\"wp2\" title=\"\" data-exact-height=\"153\" data-content-padding-horizontal=\"0\" data-content-padding-vertical=\"0\">\n<div class=\"wp2img\" data-style=\"\"><span style=\"font-size: 1rem;\">The\u00a0<\/span><strong style=\"font-size: 1rem;\">Belize Trade and Investment Development Service\u00a0(BELTRAIDE)<\/strong><span style=\"font-size: 1rem;\"> works to help international and local investors in establishing and developing a business in Belize.<\/span><\/div>\n<\/div>\n<div id=\"comp-j5bhp9hb\" class=\"txtNew\" data-packed=\"false\" data-min-height=\"271\">\n<p class=\"font_8\">BELTRAIDE\u00a0focuses\u00a0on three strategic areas, which are:<\/p>\n<ol>\n<li><span class=\"wixGuard\">\u200b<\/span><span style=\"font-size: 1rem;\">Investment Promotion, and Trade Development.<\/span><\/li>\n<li class=\"font_8\">Facilitation of Local Businesses and Development of Micro\u00a0and Small Enterprises.<\/li>\n<li class=\"font_8\">Providing Research and Technical Support to Private Sector Agencies and other Business Support Organizations.<\/li>\n<\/ol>\n<\/div>\n<div id=\"comp-j5bhtndl\" class=\"txtNew\" data-packed=\"false\" data-min-height=\"271\"><a href=\"https:\/\/www.belize.org\/bcci.zip\/\"><img decoding=\"async\" class=\"size-full wp-image-126 aligncenter\" src=\"https:\/\/congenbz-la.azurewebsites.net\/wp-content\/uploads\/2018\/03\/872f7d_5d105c22b8c044168d479b0fd6e8a869_mv2.png\" alt=\"\" width=\"164\" height=\"165\" \/><\/a><br \/>\nThe\u00a0<strong>Belize Chamber of Commerce and Industry\u00a0(BCCI)<\/strong> is the largest private sector membership based organization in Belize.<\/div>\n<div class=\"txtNew\" data-packed=\"false\" data-min-height=\"271\">\n<p>&nbsp;<\/p>\n<p class=\"font_8\"><strong>Mission:\u00a0<\/strong>As the voice of the business community, we are the country&#8217;s leading advocate for private enterprise, promoting economic vitality and quality of life in Belize.<\/p>\n<p class=\"font_8\"><strong>Vision:\u00a0<\/strong>To contribute to the sustainable development of Belize through effective representation of the business community.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Belize provides the three main elements sought by international investors: Stability:\u00a0Long-standing, democratic tradition; independent judiciary; fixed exchange rate. Profitability:\u00a0Flexible fiscal incentives and concessions;\u00a0Commercial Free Zones <a class=\"mh-excerpt-more\" href=\"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/business-in-belize\/\" title=\"Business in Belize\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/wp-json\/wp\/v2\/pages\/104"}],"collection":[{"href":"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/wp-json\/wp\/v2\/comments?post=104"}],"version-history":[{"count":1,"href":"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/wp-json\/wp\/v2\/pages\/104\/revisions"}],"predecessor-version":[{"id":105,"href":"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/wp-json\/wp\/v2\/pages\/104\/revisions\/105"}],"wp:attachment":[{"href":"https:\/\/chicagoconsulate.mfa.gov.bz\/index.php\/wp-json\/wp\/v2\/media?parent=104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}