March 2, 2020 
Belize as a Nearshore Destination for Outsourcing of Services
Emerging technologies and changes in consumer preferences continue to contribute significantly to an increase in global demand of companies seeking to outsource parts of their operations to nearshore locations. Studies estimate that the Global total spend of the Information Technology (IT) and Business Process Outsourcing (BPO) market will increase to four (4) Trillion USD by 2030.

Best Global Call Center &
Business Process Outsourcing Provider 2019

Your Office in Paradise: Belize Virtual Center

"Beltraide has been a key-player and contributor to Belize Virtual Center's growth over the years. Our active participation in SBDC Belize's capacity building workshops, BTEC facilitating training for our staff and my recent participation in Beltraide's first female entrepreneurship training program in Belize; have been very beneficial to our company.  The support and Mentor-ship have helped us with planning and implementation of business strategies in preparation for sustainable growth. We look forward to many more years of collaboration to create more career opportunities for our Belizeans." Janine Montenegro, Managing Director, Founding Partner

Advancing the Business Momentum between Belize and Mexico

On January 29, 2020, the Embassy of Belize in Mexico and the Belize Trade and Investment Development Service (BELTRAIDE), a statutory body under the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce of the Government of Belize (GOB), hosted a one (1) day seminar focused on advancing the business momentum between both countries. The core objective of the seminar was to enable greater knowledge sharing and dialogue in advancing strategic investment partnerships in Belize, while promoting enterprise development through increased Belizean exports within Mexico. 
Outsourcing World Summit 2.0: A New Revolution

The Outsourcing World Summit 2.0 held in Orlando Florida from February 16th-19th, 2020, is one of the world's largest outsourcing events that aims to address and educate key industry players on essential issues and activities that affect the outsourcing sector in the present day.

The objective of the summit was to connect, educate and engage outsourcing professionals across various points in the outsourcing value chain. Furthermore, some salient topics discussed at the summit included the global digital transformation and impact sourcing, which focused on educating attendees on this global phenomenon that is transforming the outsourcing sector today. Moreover, the event was geared towards addressing critical issues faced by outsourcing professionals in the fields of governance, client relationship management, Global Business Services, human capital and other relevant areas. 
Did You Know?
According to the Mesoamerican Reef Report Card 2020, Belize received the Highest Reef Health Score in the Region at 3.0 out of 5.0 - from 2.8 in the last report. 

Project Opportunity: Pickwick Building
Project Name: Pickwick Building 
Sector: Offshore Outsourcing Services
Status:  Open
Location: Belize City, Belize

Project Summary
The Pickwick Building is centrally located and is easily accessible via all transportation facilities available in Belize City. It is in short proximity to colleges and high schools. This building is an ideal turnkey built to specifically meet the needs of contact centers seeking to readily establish in Belize. This space of the building is twenty thousand five hundred and fifty three (20,553) square feet.

It is equipped with all the basic requirements of a contact center, such as backup generators, fiber connection, dropped down acoustic ceilings, 24/7 security among other amenities. For additional details  Download the Full Project Profile Here

Preferred Mode of Investment:  Concessionary Lease

Government Support 
Designated Processing Area (DPA)

The Designated Processing Area (DPA) Program  (DPA Act, No. 27 of 2018) is intended to support investments that engage in international trade and value addition inclusive of technology transfer, generation of employment and production according to standards of the intended market.
What are the eligible categories?

Any company that is registered and formed in Belize, and is involved in any of the following activities: Manufacturing, Agro-processing, Aquaculture, Data Processing (IT Enabled Services), Developer of an Industrial or Business Park.
Benefits of the DPA Program (Up to 10 years with an option to renew):
  • Import Duty and Tax Exemptions
  • Exemptions from property and land taxes on the designated area
  • Exemptions from Excise and Consumption (GST) taxes on imported inputs
  • Preferential Tax Rate based on Chargeable Income as per the Income and Business Tax Act (Amendment Act, No.26 of 2018)
  • Opportunity to open foreign currency bank accounts in Belize
  • Opportunity to sell, lease or transfer goods and services between DPA companies
  • Customs inspection at the designated area for expediency
  • Work permits may be granted for up to 15% of workers of the DPA (Senior Management or Technical Staff)
  • Supplies Control and Import Licenses does not apply to inputs used for exports
  • Exemption from the Trade Licensing Act


Visit the  Belize Investment Portfolio (BIP)  for More Opportunities!


Contact BelizeINVEST, a Unit of BELTRAIDE, for more details.
14 Orchid Garden Street
City of Belmopan, Belize
Phone: +501-822-3737 / 0175
Skype: belizeinvest