Currently, the majority of investments in Belize aquaculture are in shrimp farming. Other species cultured here include the Australian Red Claw Lobster and fin fish, namely Tilapia and Red Drum. In 1994, export earnings from these enterprises reached US$4.5 million, and conservative estimates for 1997 place that figure at US$12.5 million. It is expected that, by the year 2000, aquaculture earnings will be in excess of US$50 million.
[This information is from from the BFCA's quarterly newsletters.].
Other Pro Investment Factors.
Belize have a strong stable democratic government , offers fiscal tax and other incentives,and provides corporate tax holidays and duty exemptions on equipment among other things.Renewed interests have been generated on aquaculture as it protects the delicate physical makeup of the natural fisheries in Belize. .
The Belize Fisherman Cooperative Association Ltd.(BFCA) provides technical training to local labour force to create a skilled manpower base for the aquaculture industry needs.Currently the majority of investments in Belize aquaculture are in shrimp farming .Other species cultured here are Australian Red Claw Lobster and fin fish , namely Tilapia and Red Drum . .
Investment Incentive Schemes.
The importance of private investment both by local and foreigner investors has been recognized as an effective instrument for promotion of economic development,particularly the export - oriented ventures in Belize.A healthy investment climate is being maintained to attract investors by the government.Several incentive schemes have been instituted to encourage and promote investment.The investment schemes are contained in the following legislation:.
1) Fiscal Incentive Act, No 6 of 1990;.
2) International Business and Public Investment Companies (IBC).
3) Mines and Minerals Act 1988;.
4) Export Processing Zone (EPZ) Act 1990.
5) Commercial Free Zone (CFZ) Act 1994.
Fiscal Incentive Act 1990.
Belize's population is extremely mixed but is racially harmonious. ... (4) (6) Tax Haven Belize has no income taxes for non-residents. ... What makes Belize so attractive to the offshore investor is its policy of privacy. Unlike the US, Belize law requires anonymity. ... Belize can't afford to ruin this reputation. ...
For the 324,060 citizens of Belize, their country is where they want to Be. ... Belize is a diverse country with various cultures and languages. ... For this reason, Belize was known as British Honduras in 1854. ... One of the nicest things about visiting Belize is the weather. ... The Belize dollar is locked up at $2 Belize = $1 USD. ...
Belize is located in Central America, bordering the Caribbean Sea, between Guatemala and Mexico. ... Belize is the only country in Central America without a coastline on the North Pacific Ocean. There have been territorial disputes between the UK and Guatemala delayed the independence of Belize (formerly British Honduras) until 1981. ... Belize's population is at about 235,789. ... Although the tourism business always does well in the Caribbean and that is a good place to start in doing business in Belize....
A lack of an ecological environment is tremendously disadvantageous to Belize's growing economy. ... Having different kinds of species is vital for Belize because we thrive on our marine wildlife. ... It will be easily accessible since the fish will be in abundance almost everywhere in Belize. ... Belize is already small enough and an epidemic of that sort is not one that it may survive. ... And Belize offers that to tourists. ...
Examples are Philippines, Belize, and Costa Rica. ... But the inverse is not true, it does not follow that a country with a high life expectancy will also enjoy a high PPP, Costa Rica has a life expectancy of 76 years but a PPP of only $8,650.00, and Belize has a life expectancy of 74 years but a PPP of only $5,606.00. ... Although Costa Rica and Belize have higher PPP's than Benin and India they are considerably lower than the USA and Norway. ... Benin, India, Philippines, Belize, Mexico, and Costa Rica as noted previously are all free democracies that enable them to participate in t...
Born in Belize City, Central America, she has experienced both American and Central American cultures. ... People worked extremely long hours at numerous jobs in Belize City. ... Belize City has both large and small companies, like the United States. ... There is no Social Security in Belize City. ... However, in Belize City she prefers working as an individual. ...
Quality education is Belizes missing piece in the puzzle to begin its journey away from its present rank. It seems that the Ministry of Education hasnt done enough to empower Belizes engine to move forward. ... The level of education in Belize is so low that universities like Harvard and Oxford would not even consider an applicant with an associates degree from Belize. ... Belizes government has slowly but surely been killing Belize by enforcing the policy of quantity rather than quality. ... Throughout Belize, the schools that have an established feeding program are limited. ...
The purpose of this article is to highlight an establishment for a fifth dimension of learning and spot this dimension inside the more extensive system of evolutionary and social point of view and to better comprehend learners' inspiration to learn and their inclination of what, where, who, when and...
Belize is a multi-church society. ... Thus, Christianity is the most prominent religion in Belize. ... For example, the call for decrease in violence and crime has had the full support of all churches in Belize. ... All churches in Belize would like to be number one, because each church believes in being the true church that will lead its people to God and eternal salvation. ...
