Anyone interested in doing business or investing in Belize should first complete a thorough process of due diligence and investigate potential partners using a variety of information sources. Canada’s Trade Commissioner Service in Guatemala is aware of several cases of fraud. Any newcomer to the market should know that legal and administrative processes can involve many delays and challenges. There have also been legal and constitutional changes in 2012, such as the 9th amendment to the Constitution of Belize, that have had important impacts on the country’s telecommunications and energy-distribution sectors.
Many members of the Canadian and British business communities have joined the American Chamber of Commerce. First time business travelers to Belize should consider this source of information.
Canada maintains only an Honorary Consul in Belize; the Trade Commissioner Service in Guatemala handles trade issues related to Belize.
We strongly advise you consult the following sources of information:
Article Number: 322
Author: Wed, Feb 5, 2014
Last Updated: Wed, Feb 5, 2014
Author: Marty Casado
Online URL: https://ambergriscaye.com/help/article/doing-business-or-investing-in-belize-322.html