Indian Industry

Country Profile

Belize
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Situated in the central america, belize is a seaside nation which shares its land boundaries with the guatemala and mexico. It is the only country characterized as officially english speaking nation in the central america. With 22,806 sq km & 160 sq km land and water area respectively, belize is the only nation of central america which do not have any coastline on the north pacific ocean. With around 301,270 population, belize has the population density which is one of the lowest in the world. The country records $2.336 billion GDP with a 3% GDP real growth rate.

Snapshot

Official Name - Belize
Capital City - Belmopan
Type of Government - Parliamentary democracy and Constitutional Monarchy
Currency - Dollar
Fiscal Year - 1st April - 31st March
Official Language(s) - English
Local Time - GMT -6
International Dialling Code - +501
Internet Domain - .bz
Major Cities - Belize City, Dangriga, Orange Walk, Corozal, San Ignacio de Agana
Major Industries - Clothing, Agricultural Products, Timber, Tobacco
Major Trading Partners - USA, UK, Mexico
Double Taxation Treaty with India - No




Economic Overview
  • Private based economy.
  • Recognized as the major sugar producer.
  • In recent years tourism sector is growing at faster pace.
  • Tourism sector is playing pivotal role in foreign exchange of nation.
  • The country is majorily dependent on agiculture and allied activies industries.
International Trade
Major Export Items
Marine Products, Sugar, Clothes, Citrus Products, Forestry Products, Bananas

Main Destinations of Exports
USA, UK

Major Import Items
Machinery and Transport Equipment, Mineral Fuels, Chemicals, Basic Manufactures, Foodstuffs

Main Origins of Imports
USA, Mexico, Cuba, Guatemala, China

Contacts of Trade Ministries/ Associations

Belize Chamber of Commerce and Industry Belize Agricultural Health Authority Belize Citrus Growers Association
63 Regent Street Post Box 291
Belize City
Belize
Tel.: +(501)-(227)-3148
Fax : +(501)-(227)-4984

Belmopan Showgrounds Belmopan City
Belize
Tel.:+(501)-(822)-0197
Fax:+(501)-(822)-3084
E-mail: baha@btl.net

Mile 9 Stann Creek Valley Road
Stann Creek District
Belize
Tel.:+(501)-(522)-3585
Fax:+(501)-(522)-2686


Business Visa Rules
  • Valid passport with minimum 6 months of validity remaining.
  • 2 recent passport size photographs.
  • Business letter written on the company's letterhead detailing about the applicant name, address job position, purpose of visiting belize. It should be signed by some company person other than the applicant.
  • Proof showing financial stability of applicant like bank statement, credit card copy. It is necessary to know whether the person is capable to meet daily expenditure while his is staying in belize or not.
  • Letter of invitation from business associates or company of belize.
Business Hours
Commerce & Industry:   Monday to Friday from 08:00 to 12:00 and 13:00 to 17:00
Banks:    Monday to Thursady from 08:00 to 13:00 and Friday from 08:00 to 14:30

Public Holidays

Festival Date
New Year's Day January 01
Baron Bliss Day March 09
Good Friday Date Varies
Holy Saturday Date Varies
Easter Monday Date Varies
Labor Day May 01
Commonwealth Day May 24
St. George's Caye Day September 10
Independence Day September 21
Columbus Day October 12
Garifuna Settlement Day November 19
Christmas December 25
belize


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