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Starting a small business in BelizeThis forum post has messages dated from 11/21/08 through 06/01/11, please be sure to read all the messages. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.
| Starting a small business in Belize Hi there im looking at moving out to Belize next year to open a small B&B/Guest house. Can anyone tell me how easy a process this is, will we have problems getting licenses/visas for this kind of business?Any information will be great! |
| Aside from any regulatory issues.. have you looked at the market.. prices... etc. Are you opening a $15/night B&B or a $150/night B&B? Will the market support your target price? How many rooms? 5 rooms at $15/night isn't very much money for something that may take all your time! 5 rooms at $150/night might be a great revenue projection... but not if you have low occupancy. The other issue to look at is the hidden costs of employees... social security, employment taxes, hidden "obligations" (Christmas pay, cost to "fire" an employee, insurance, theft, etc). |
| Yes we have looked at that and we will open a combo of private rooms and dorm style for independent travellers. Im really looking for information on the licensing and visa process, I dont want to buy land and not get a work visa or license. |
| Shortie from UK did you try contacting someone over there like the better business bureau? Maybe they could help you out, and let you know what you need to get your business started over there, and also maybe try looking this information up on the internet. Good Luck and I hope your B&B gets up and running and is successful. |
| If your hoping to go to Belize to start a business you can visit www.global-travel.co.uk to help you out on getting travel papers and information. And when your finally there you can open business in Belize by following their rules and regulations with regards to their business licensing and establising. |
| Compared to the US, doing business in Belize is relatively easy, as long as you steer clear of some areas, and study the landscape pretty carefully before you plunge in. The Government of Belize has a pretty good handle on moneymaking businesses as a source of tax revenue, of course and so you should steer clear of these if you want to avoid a lot of hassle. Here are some of the more obvious areas. Health Care Tourism Education Transportation |
| Will steering out of the named sectors really help? I think hassles are everywhere and it all depends on whether the target area is one you have chosen to. Nila, what are some of the problems in the four areas you have mentioned? Yeah, do your research and make sure you have sealed all loopholes. Remember doing business in a relatively new location will require quick adaptability. |
| Unless there is any imminent threat in plunging into certain sectors of the economy, I see no harm on trying the said areas of business. There are cases of expats being harassed by the authorities by the mere virtue of not fulfilling certain simple regulations. It is important to exhaust everything concerning any laid down procedures, then when everything else is set, roll your business into operation. At that point, business etiquette will be all you will have to worry about. |
| It would be easier putting the web links in the correct boxes to avoid people having to type in the same address but that seems to be easier said than done. I would still go to the website given above then once all travel requirements have been fulfilled, get to know more while in Belize. If you steer away from some areas, the sailing should be smooth. All the best |
| I have a business opportunity for you contact me atluisblas58@yahoo.com |
| here is the business iam talking about in hotel sector. |
| It is a good thing that Luis Blas Mendez managed to have posted a link in here. I just hope that it serves its purpose on us here in this forum, so Isaac wont get angry anymore. I think i have to check out on that link Luis Blas Mendez, thanks for posting it by the way, Well i am looking forward on more posting in here for added info.. |
| You should use extreme caution in entering a new setting to set up a business. Take the advise I see on the forum and first go there and simply observe. meet people, ask questions. Get the "scene" as it were. THEN make up your mind. And donīt fotget to keep close to a good lawyer that knows you and your intentions. I mean an honest lawyer (I can hear the laughter"!), but there ARE some. Best wishes... |
| Good luck to your businesses. |
| Starting a small business in Belize: Iīve heard many good things about Belize and know very little myself about this great place. It appears to be a very "natural" place with beautiful rainforests, rivers and beaches. The population doesnīt seem to be spoiled as many other central and south american countries. The politicians still arenīt in total control. Opening a business in Belize seems to be ideal as a place to settle down, and shed the civilized crust we accumulate over the years. Something pure and simple. Right? Keep at it and let us know how you make out. Will come and visit some day. |
| Starting business in Belize is a great idea. This place is one of the great place to start business with. Anyway, i have to say that those information posted here are great and are very useful for those who wants to stay updated on what is needed to be able to start a business in Belize. Keep those information coming in. Hoping for more useful information to come up. Have a nice day. |
| I've learn a lot about Belize, thank to the article reviews about the country, on Destinations 360. Google for TravelBelize.org, it also has some nice and sweet facts about this eco - paradise. For me the best investment that could have the fastest ROI and growth in these country is those venture related to tourism such as beachfront properties - real estate, accommodation industry, travel and tours and retailing industry. |
| Thanks for posting that link Di-an, it really helped a lot. I would want to really know more about the current status of Belize when it comes to travel and tourism and business as well. But I would like to know more on starting a business in Belize. There are lots of articles regarding this stuff but I would want to have a first hand information regarding this matter. Thanks. |
| So you would want to have a business in the country of Belize. Good luck on that, there are indeed lots of good opportunities all over the world. We just have to know them and learn how to get a grab on them. By the way, what kind of business are you trying to put up? Anyway, I just hope that you got successful on your business plan. Good luck. |
| "Registered Nurse"
I am semi-retired and interested in purchasing property to build on in Belize. Can anyone recommend Architects, General Contractors and Engineers? |
| "Entrepenure"
I've been thinking about returning to Belize to export orchids.I understand that the gvoerment wants people to exploit their natural resorses. Who would I talk to? |
| "all questions and no answers ...."
Has anyone here set up a business in Belize? I see a ton of questions but no real answers. I wanted to set up a business as well ... but I read some things that make it not cost effective ... business license $2, 500, laws that state no non-Belizean is allowed to work in Belize whether it's paid or not. ..... anyone know for sure?Daniel |
| "THE FACTS "
Mr. Daniel fron New York....Please follow this link to know exactly and step by step including figures in how to set up a business in Belize, BELIZE, "MOTHER'S NATURE BEST KEPT SECRET" |
| "THE FACTS "
Anyone that wishes to set up a business in another country has to do it following the legal procedures, and the only way that a non-Belizean is not allowed to do any kind of work paid or unpaid is if this person enter the Country with a tourist visa, but if a foreigner wants to set up busines in Belize needs to get a work permit or a residence card, Belize is a beautiful and peaceful place, and is investors friendly. so, don't be afraid once you do everything right, everything will go smooth. |
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