Invest in Belize
Opportunities to Invest in Belize
The government of Belize aims to provide an enabling environment for private enterprise, to attract investments in Belize by both local and foreign investors. A series of legislation was enacted in the early 1990s to allow for a range of incentives for those looking to invest in Belize. The conditions to qualify for the different incentives vary, as do the investment incentives themselves–e.g., a tax holiday, or import duty exemption, or a combination of both. Benefits, however, are dependent upon the type of incentive awarded to the potential investor.
Export-oriented activities, which lead to increased employment, and the development of local, technological infrastructure, are particularly favorable to the authorities. The government supports joint venture and partnership investments as a preferred mechanism, however it also allows 100% foreign ownership of an enterprise. Importation of highly skilled personnel to compliment the Belizean labor force is facilitated providing that appropriate training programs for nationals are established. Generally, the government hopes to see one local counterpart assigned for every skilled foreigner employed by the company.