For foreign investors interested in launching in Latin America, the extensive network of free trade zones maintained by the Dominican Republic makes the Caribbean nation an enticing investment prospect. That is because, with 75 Dominican Republic free trade zones found around the country, a wide range of sectors can access the benefits that the zones …
Dominican Republic Free Trade Zones: 5 Reasons to Invest Read More »
The Colombian government has recently submitted a new tax reform to the Congress of Colombia that is intended to help it raise funds in support of economic reactivation following the disruptions of the global pandemic. The new Colombia tax reform seeks to raise approximately $15.2 billion (all figures in USD), both by increasing taxation and …
Colombia Tax Reform: 4 Things Investors Should Know Read More »
Mexico exports of agrifood products hit a 29-year high in the first five months of 2021, highlighting the strong investment opportunities available in food and drink production in the North American country. Agrifood products — including both fresh produce and processed goods — brought in $18.7 billion between January and May this year, while imports …
4 Billion-Dollar Products Driving Record Mexico Exports Read More »
Millicom, the parent company of Tigo, has announced a $250 million investment project in Panama that will see the telecoms provider extend coverage to some of the Central American country’s least connected areas, as well as creating a Panama fintech hub intended to expand mobile financial services throughout the region. The move was announced recently …
Panama Fintech Hub Part of $250 Mn Tigo Investment Read More »
The Financial Superintendence of Colombia has authorized major Colombian bank Bancolombia to offer US dollar accounts in the South American country. The news will be of significant interest to foreign residents, investors, and businesses banking in Colombia, or planning to do so in the future. The authorization will see Bancolombia’s branch of operations based in …
Banking in Colombia: US Dollar Accounts to be Available Read More »