Investment Guide to Trinidad and Tobago
strong economy, worthwhile business connections
With the oil and gas industry as its mainstay and a generally robust, rapidly diversifying industrial sector, Trinidad boasts the strongest economy in the Caribbean. With its strategic location, facilitating easy access to the western hemisphere markets, Trinidad is becoming more and more attractive as a commercial destination — particularly with today’s trend toward globalization.
If coming here for business purposes, you’ll find that business practices may not be so far removed from what you’re accustomed to — though probably much more relaxed. You can expect to deal with a computer-literate workforce in a business environment which welcomes foreign investment. There are no exchange controls, and companies can be fully foreign-owned. Also attractive — especially for exporters — are the free trade agreements available when operating from Trinidad and Tobago: Coutonou, the Caribbean Basin Initiative, and CARIBCAN are three of at least 10 free trade agreements currently in place. Tourism Development Company Limited (TDC), the country’s main investment and tourism agency, provides investment incentive guidance to investors.
This Investment Guide to Trinidad and Tobago is intended to provide investors and potential investors with basic information about how to do business in Trinidad & Tobago and the investment and tax climate that exists. While every effort has been made to make the Guide as complete and accurate as possible, it is not intended to be a comprehensive statement of the law or a substitute for appropriate professional advice. We cannot take responsibility or liability for any errors of fact or opinion contained herein.