Eye on Trinidad & Tobago - #1 for Cost Effective Business
Are your eyes on the Caribbean and Central America (CCA) to locate your next business? Then you definitely need to take a look at Trinidad and Tobago. Here are 4 reasons why.
1. For starters, this country is currently ranked the most cost effective investment environment in the CCA region, according to foreign direct investment experts at fDi Intelligence, a specialized unit of the prestigious Financial Times. The ranking was published in the unit’s Caribbean and Central American Countries of The Future 2015/16 report.
What exactly does this mean for you as an investor?
It means that out of 29 countries in the CCA region you are not likely to find another single destination that provides all in one place the most reasonable costs for establishing a business, registering property, accessing construction permits, exporting and importing goods and materials as well as the most competitive tax rates.
But that’s not all.
2. The fDi Intelligence report indicates that Trinidad and Tobago is one of three English speaking countries in the CCA to be ranked within the top 10 best overall places to invest in this region. The country has one of the friendliest business environments as well as a higher level of connectivity than approximately 70% of the surveyed locations. T&T’s connectivity ensures investors are equipped to operate at their optimum with efficient Information Technology and Telecommunications infrastructure in place, wide reaching air and sea bridges, ample port facilities and the lowest energy rate in the entire Western Hemisphere at US$ 0.03 cents per kWh.
3. In May 2015 Site Selection Magazine, specialists in reviewing and recommending sites to investors, awarded this country’s Investment Promotion Agency, InvesTT, one of the Best to Invest Top Agencies Award.
So, in choosing Trinidad and Tobago you also have access to one of the best IPAs in the region as your first point of contact to navigate your investment journey from start to success.
4. Additionally, the World Bank currently ranks Trinidad and Tobago among the top 10 improvers in the world with the most reforms, making it easier to do business.
So, wouldn’t Trinidad and Tobago be the most ideal place for your investment?
It’s more than possible. This country has got an ideal mix of incentives, trade agreements, infrastructure, competitive costs and expertise to make it happen.
And we at InvesTT Trinidad and Tobago are more than happy to explore all the possibilities with you.
Call us now to help you set up your next project @ +1 868 225 5819 or contact us at firstname.lastname@example.org