Belize has a stable efficiency-driven economy that has been consistently flourishing, boasting a low inflation rate of 1% and a GDP Real Growth of approximately 2%. The below provides a brief summary outlook on Belize's economy.
Investment Industries Overview and Investment Opportunities:
The Government of Belize has placed specific focus on attracting investment into the country's six priority industries of Tourism & Leisure, Agribusiness & Agro-processing, Fisheries & Aquaculture, Offshore Outsourcing, Sustainable Energy, and Light Manufacturing & Logistics. These Industries are fundamental to the economy of Belize and their growth plays a vital role in the Country's development goals. Each has endless possibilities for development and its realization continues to fuel the Country's economic growth. Investments into these priority industries allow for the diversification of Gross Domestic Product contributions, stabilizing the overall economy.
Belize, a pristine country rich in natural beauty and endless investment opportunities, is paradise for both business and leisure. See video for more
Belize's Investment Incentive Programs
The Government of Belize is focused on fostering development in the country's six priority industries through its investment incentives. These incentives offer varying degrees of tax concessions ranging from custom duty exemptions only to a comprehensive tax holiday based on the incentive program. The incentive programs offered in Belize include the Fiscal Incentive (FI), Designated Processing Areas (DPA), for which BELTRAIDE administers, and the Commercial Free Zone (CFZ).
Location: 1 Wyatt Street, San Ignacio Town, Cayo District, Belize
The Embarcadero Plaza development seeks to enhance the tourism experience of San Ignacio and Santa Elena by being the focal point of activity for overnight and extended stay tourists. The project seeks to achieve this by offering a Riverwalk Concept, complemented by an on-site outdoor adventure in the form of a historical trail, as well as aquatic recreational amenities including zip-lining, and a water slide park. The proposed undertaking is further strengthened by a Memorandum of Understanding (MOU) between the San Ignacio and Santa Elena Municipality, and the Embarcadero Management.
Total Est. Capital Investment: USD $2,500,000
Total Est. Capital Required: USD $1,750,000
Estimated Return on Investment: 10%
Preferred Sources of Capital: Equity
Preferred Mode of Investment: Joint Venture / Sale of Venture