Trinidad and Tobago 2012 - invesTT

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REASONS TO INVEST IN Trinidad and Tobago Trinidad and Tobago is at the “heart” of the Americas and serves as a gateway to Latin America, the United States and Canada; and though we’re an English speaking Republic, close proximity to South America and the French speaking Caribbean provides easy access to Spanish and French speakers. Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses and has one of the highest growth rates and per capita incomes in Latin America and the region. Our population is highly skilled. Trinidad and Tobago boasts a literacy rate of 98% and has an approximate matriculation rate of over 7,000 tertiary level students entering the workforce every year. There are many vocational schools and skills training programmes, all of which ensure a ready and available labour force. The Government of the Republic of Trinidad and Tobago is committed to enabling legislation to provide a hassle-free business environment for investment partners. Investing companies are allowed 100% ownership of locallyregistered private companies and are allowed repatriation of profits by law. The country features special advisory services for investors, such as this Investment Guide, and is interested in building lasting and productive relationships with investors. Other helpful services include the facilitation of land purchases and the creation of special economic zones and heavy to light industrial parks throughout the country. In the near term, Tamana InTech Park will serve as a research, development and production “centre of excellence” for knowledge based and ICT companies. 46
A GUIDE TO INVESTING IN TRINIDAD AND TOBAGO (2012) Section 2 “Trinidad and Tobago has many vocational schools and skills training programmes, all of which ensure a ready and available labour force.” ABOUT THIS PUBLICATION A Guide to Investing in Trinidad and Tobago, is written and revised annually by InvesTT Limited (invesTT), a member of the eTecK group. It is intended to provide investors and potential investors with basic, yet useful information on doing business in Trinidad and Tobago and the investment and tax climate that currently exists. While every effort is taken to make the guide as complete and accurate as possible, it is not intended to be a comprehensive statement of the law or used as a substitute for appropriate professional advice. invesTT waives any responsibility or liability for any errors or facet of opinion herein. invesTT welcomes any feedback that would help make this guide more useful. Please do not hesitate to contact the Marketing Department at The Atrium, Don Miguel Road Extension, El Socorro, Trinidad, W.I. P: (868) 638-0038 F: (868) 638-7742 marketing@investt.co.tt; www.investt.co.tt info@investt.co.tt 57
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Investment Incentives The Governmen
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Appendix H A GUIDE TO INVESTING IN
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