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How to Obtain a Paraguay Business Visa

How to Obtain a Paraguay Business Visa

A Paraguay business visa gives you access to one of the economies in Latin America with the highest monetary and fiscal stability, lower tax rate, and free trade agreements like Mercosur. Likewise, Paraguay has undergone important changes in regard to fiscal and debt regulations that have favoured its economy. Paraguay offers low labour costs and a young workforce. Furthermore, If you remain in the country for more than 120 days per calendar year in the previous 12 months, you can apply for the Paraguayan residence. When do I need to apply? Citizens of the United States of America, Australia, Canada, New Zealand, and the Republic of China can obtain a Paraguay Business Visa on arrival. Citizens of other countries need to apply in person before arrival. Requirements to obtain a Paraguay business visa You can apply for a Paraguay business visa in person or by mail. You can apply for a Paraguay business visa in person or by mail. In both cases, foreign executives looking to do business in Paraguay must know that this process can take up to a week. If you want to apply in person, you must schedule an appointment at the Paraguayan Immigration Department. If you want to apply by mail you must present the following documents: Original passport, which has to be valid for at least 6 months.A visa application form duly completed and signed.One (1) passport picture, standard size (2” x 2”), with a clear background and without glasses.A postage prepaid envelope.A valid mail with a tracking number.A deposit receipt. To activate your Paraguay business visa you must travel within (6)...

How Businesses Can Sell on Amazon Australia

How Businesses Can Sell on Amazon Australia

Amazon has come a long way. The e-commerce platform operates in 14 worldwide marketplaces and has become one of the world's largest online retailers. In December 2017, Amazon was launched in Australia and became one of the most used e-commerce platforms in the country. Amazon's success in Australia owes in large part to increased online shopping, population growth and the country's isolated geographic location. Currently, this multi-billion dollar business now has two warehouses in Australia. Countries such as the United States, the United Kingdom, China, Hong Kong and Canada, are the preferred destinations for Australians to make cross-border purchases, an interesting opportunity that executives looking to do business in Australia ought to consider. Should your business consider selling on Amazon Australia?  In 2017, Amazon was launched in Australia and became one of the most used e-commerce platforms in the country. Online shopping is big in the United States and it is still somewhat establishing itself in Australia. US Amazon accounts for 50% of all e-commerce operations, while online shopping in Australia makes up just about 9% of total retail sales. The Australian marketplace is a great opportunity to build a foundation for long term sales. Think about the goldmine in reviews waiting to be acquired over time for multiple products. This can help distinguish yourself as a reputable seller from the competition once you establish your business. This will not make you an instant millionaire, however, with a carefully planned strategy, you will reach success in the...

Why Outsource Your Corporate Secretarial Services in Brazil?

Why Outsource Your Corporate Secretarial Services in Brazil?

As Brazil is the largest economy in Latin America and is a key gateway to doing business in other neighbouring nations, accelerating productivity growth is one of Brazil's top priorities. We recommended outsourcing your corporate secretarial services in Brazil, as it is the best way to comply with the requirements of both international and local law, while ensuring the positive reputation of your company. Learn how a local partner can ensure you comply with local and international legislative requirements through the provision of professional corporate secretarial services in Brazil.   Advantages of doing business in Brazil With Brazil having an estimated population of 214 million, the country holds and presents a number of opportunities within many emerging markets and new sectors.  There are multiple reasons and opportunities available for executives doing business in the country, such as: Corporate secretarial services alleviate stresses and concerns when expanding your business. Promising Start-up ecosystem.E-commerce opportunities.Investor-friendly visa programs.Economic resilience.Access to other Latin American nations.Movement of goods and services.Reduced layers of bureaucracy. To successfully incorporate a business in Brazil, you will need to engage with a corporate secretarial services provider that can successfully guide you through this process and connect with all relevant government authorities. This will ensure you can do business in Brazil with minimal delay and in full compliance with local law. Benefits of outsourcing corporate secretarial...

Foreign Direct Investment Trends in Guatemala

Foreign Direct Investment Trends in Guatemala

As Market observers recognize foreign investment trends in Guatemala, the Central American country emerges as a top contender for foreign business.The Guatemalan government has made great efforts to improve the country's business environment, stimulating investor confidence, and spurring Foreign Direct Investment (FDI) inflows. According to the 2019 UNCTAD World Investment Report, Guatemala received US$1,06 billion for FDI inflows in 2018. This represents a 4.23% increase from the previous year. In this article, we outline the most important foreign direct investment trends in Guatemala and why this country should be regarded as a growing hotspot for commercial activity. FDI in Guatemala fuelled by historical developments Foreign currency inflows from foreign direct investment (FDI) reached US$671.4 million during the third quarter of 2019, an increase of 6% compared to the same period in 2018. This was reported by the Bank of Guatemala (Banguat). Foreign currency inflows from FDI reached US$671.4 million during 2019. Despite neighboring economies such as Panama and Costa Rica are considered to be the most attractive business destinations in Central America, Guatemala has the highest GDP out of the region’s seven countries. In 2018, the country sported a GDP of US$78.46 billion, compared to Panama’s US$65.055 billion, and has consistently shown greater GDP growth than Panama for decades. Peace agreements reached between 1994-96 ended the Guatemalan Civil War, an internal conflict lasting 36 years. This was a major development in stabilizing the country’s economy, boosting...

Claudio Ramirez, Canadian Trade Commissioner for Colombia, Discusses Trade Relations and Business Opportunities

Claudio Ramirez, Canadian Trade Commissioner for Colombia, Discusses Trade Relations and Business Opportunities

Claudio Ramirez shares his perspective on the nature of the Canada-Colombia relationship and his team's success in promoting Canada as an important partner for Colombia. Find out about the current trade relationship and business potential between Canada and Colombia from Canada's Trade Commissioner to Colombia, Claudio Ramirez. Biz Latin Hub’s Chelsea Heywood had the pleasure of connecting with Claudio to gain his insights on the bilateral trade relationship, and what Colombia can offer Canadian businesses expanding into Latin America. Claudio also shares his perspectives on the future of the relationship between these two countries and the Trade Commission's success in promoting Canada as an important partner for Colombia. 1. Could you tell us about your background with Global Affairs Canada, and what led you to take up the role as the Canadian Trade Commissioner in Colombia? I joined the Canadian Foreign Service in 2001, mere weeks after 9/11, which plunged the world into a major crisis: that of global terrorism. At that time, just like in today’s crisis (the Covid-19 pandemic), political leaders were quick to recognize that an economic recovery would require more trade between nations, not less. Back then, some 160 members of the World Trade Organization came to an agreement to launch of the Doha Round, which aimed to lower trade barriers and to reform to trade rules in order to promote economic development.  Thus, from the outset of my career in the Canadian diplomatic corps, I have always been attracted by the profound impact that doing business across borders...

5 Tips for US Companies Doing Business in Guatemala

5 Tips for US Companies Doing Business in Guatemala

Find out benefits and opportunities for US Companies Doing Business in Guatemala. Guatemala's size and economic potential offers one of the best options for business expansion into Central America. Guatemala is the third-largest country in Central America, with just over 17 million inhabitants. Its main location for commercial activity is Guatemala City. The official currency of Guatemala is the Quetzal, and its strength offers a significant advantage when expanding into the country from abroad. It is important to have the option of diversifying investments and sources of income, and Guatemala offers key advantages to business. As a US company doing business in Guatemala, use these 5 tips to optimize your experience and achieve long term success. Around 70% of the population in the country is under 30 years old and in the last decades, the number of English speakers has increased significantly. 1. Find talented staff Guatemala is rich in cultural history and custom. The country's workforce is well-educated and open to new opportunities. The government holds a positive predisposition to collaborate with foreign businesses. In addition, it is important to take into account that a large proportion of Guatemalan nationals manage a fluent level of English. Around 70% of the population in the country is under 30 years old and in the last decades, the level of people speaking English has increased significantly. When hiring in Guatemala, rest assured in the availability of enthusiastic, qualified staff. Foreign employers who are not familiar with the local employment regulations...

What are the Business Opportunities for Australian Companies in Mexico?

What are the Business Opportunities for Australian Companies in Mexico?

In recent decades, Mexico has become a strong and stable economy on a global scale, encouraging and attracting local and foreign business opportunities. Economic similarities between other regional powers generate valuable opportunities, such as those for Australian companies in Mexico. This is attributed to fruitful trade deals, competitive cost structure, openness to Foreign Direct Investment (FDI) alongside many other factors. Mexico now boasts the second largest GDP in Latin America and offers a stable and increasing economic growth.  Government initiatives set to boost business opportunities in Mexico The current President Andre Manuel Lopez Obrador (AMLO) has pledged to reduce the inflation to 3%,  increase spending on local infrastructure, and invest in supporting lower socio-economic groups through providing jobs. Furthermore, AMLO has increased the minimum wage and provided government assistance for those needed.   With the AMLO government pro-growth vision combined with lucrative business opportunities, Mexico is on the path to be a significant global economic powerhouse in the decades to come. We discuss business opportunities for Australian companies in Mexico. Mexico-Australia economic relationship at an all-time high In 2014, Mexico was Australia's largest trading partner in Latin America. The trade relationship between Australia and Mexico remains healthy and vibrant. In 2014, Mexico was Australia's largest trading partner in Latin America. The signing of the Tran Pacific Partnership Agreement (TPP) in 2016, has...

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