Success tips for business in Belize
Healy Consultants recommends our Clients to read below to better understand the business culture and environment in Belize before commencing their business operations.
- After applying for a trade license, the City Council will send an inspector to visit the work premise before granting trade license approval. Due to the small area of Belize, the inspector usually arrives the next day and our Client should ensure their work premise is compliant;
- Due to the weather and work environment, Belizean businessmen’s attire is generally more relaxed. Therefore, our Clients can expect to go for a business meeting with a Belizean in casual attire;
- Belizeans do not view punctuality as a very important business etiquette and schedules are not strictly followed. Our Client should expect their Belizean business meetings to start later than pre-agreed times;
- Internet access and mobile data is very expensive in Belize. Our Clients should prepare all documents and presentations prior to traveling to Belize for a meeting, to minimize the use of downloads of data-heavy documents or presentations;
- Power failure is a common occurrence and hence, our Clients should expect interruptions during important discussions.
Interesting facts about Belize
- Belize gained independence from the United Kingdom only in recent years in 1981;
- Originally known as British Honduras, the country changed its name to Belize in 1973;
- Belize is the only country in Central America where English is the official language; More than 80% of the population speak English while other languages spoken include Mayan, Kriol (Creole), Garifuna, and Spanish;
- As a small country, Belize’s main economy was traditionally in agriculture and agro-based industry. Tourism, construction and oil discovery recently presented new opportunities for the country;
- Major trading partners of Belize are the United States of America, Mexico, Central America and the European Union.