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Guatemala, a country to live

With beautiful sceneries, high cultural diversity, abundant historical and cultural attractions, a highly developed capital city, Guatemala is definitely a unique country to live in. It has been ranked as one of the 10 happiest and most positive countries in the world.

Political and Financial Situation

Guatemala is an economically thriving country. Being the largest economy in Central America, it has a wide diversity of destinations and products. In addition, macroeconomic stability is widely recognized; has a low and controlled inflation, exchange rate stability and one of the lowest external debts in Latin America. Download document Guatemala in figures:

Guatemala's Climates

Guatemala, the country of the Eternal Spring, is a country with an exceptional climate. With an average temperature of 21°C (70°F) throughout the year and more than 360 microclimates along its 108,889 km² (42,042 mi²), the climate allows for a variety of activities which makes it a unique country.

Investments in Latin America

Latin America is a region of great economic importance and very attractive for foreign investment, representing 13.5% of total direct foreign investment worldwide, according to UNCTAD. To strengthen trade and foreign investment in the region, the Interamerican Development Bank created ConnectAmericas, a social network for promoting business and investment in the region. See more at:

How to open a business in Guatemala

To operate in Guatemala, every investor should register their company in the Commercial Register. The process takes from 12 to 19 days. The easiest and fastest way to do this is through a web portal designed to make all of your arrangements online and communicate directly with the institutions involved in the opening process.

Tourism in Guatemala

More than a journey, Guatemala is full of life lessons. It has 42,042 square miles of immense diversity: Colonial Cities, Mayan Ruins, Caribbean Coast, Pacific Ocean, Volcanoes, Lakes, Tropical Rainforest, spaces to practice extreme sports, and a highly developed city . However, the country offers more than this: leaving life lessons to every visitor.

“For one of our main clients, Allied Global’s operations in Guatemala represent its second major call center service provider” -Germán López, Chief Strategy Officer. Allied Global
“Guatemala represented a unique and attractive business model. A challenge was visualized in Guatemala. We ran the risk and it worked” -Lic Juan Martínes Venegas, General Manager Marhnos Guatemala
EGS
"Guatemala is our main emerging market in Latin America. All of our clients are pleased to do business in Guatemala - José J. Urizar, EGS Operations VP in Guatemala
“In Guatemala, the tax incentives to establish a new business are attractive, the business environment is positive and optimistic, and the workforce is excellent” -Federico Medinilla, CEO Xerox Guatemala
27 April, 2017 20:30:29
Guatemala,
Growth of Guatemala
The attraction of Foreign Direct Investment has increased 400% reaching $1.3 billion in the year 2013.
#INVESTINGUATEMALA
University Students
Guatemala has the largest student population in all of Central America with more than 312,700 students enrolled in 14 universities.
#INVESTINGUATEMALA
Why Guatemala?
Guatemala is ranked among the top 10 happiest countries in the world, according to the "Happy Planet Index" of the New Economics Foundation.
#INVESTINGUATEMALA
Guatemala.
Guatemala is the most developed metropolis in the entire Central American region from Mexico, D.F. to Bogota, Colombia.
#INVESTINGUATEMALA
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DEVELOPED FOREIGN TRADE AND ACCESS

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Guatemala has a Gross Domestic Product (GDP) for 2013 of US $53,673.4 million., with average growth of 3.4% since 2001...

The country exports more than 4,075 different products to more than 140 markets worldwide. ...

The Guatemalan Government plays a strategic role in the development of investments in the country.

The Guatemalan...

DEVELOPED FOREIGN TRADE AND ACCESS

TO MAIN WORLD MARKETS
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The country exports more than 4,075 different products to more than 140 markets worldwide. Guatemala’s flagship products in terms of export are clothing and textiles. In the years 2012 and 2013 exports totaled over $ 2.5 billion and was allocated mainly to the United States, Central America and Mexico

Meanwhile, sugar has become another important export to Guatemala, presenting between 2012 and 2013 exports of US $1744.9 million. Also, coffee is Guatemala exports of US $1672.6 for the same years and to be made into such diverse markets as the USA, Japan, Germany, Canada, Belgium and Italy. Mining products sector was also an important export value totaling US $1,000 million 

The country seeks to penetrate other markets and thus the field of Information Technology has achieved an annually sustained growth of 5% annually since 2003, exports increased by over 100 %, with an increase of US $4.162 million to $10.162 million in 2013.

Highligths 

First snow peas exporter to the United States. 

First world exporter of cardamom and poinsettia stems. 

Eighth largest exporter of bananas. 

Fourth largest sugar exporter in the world and the most efficient in terms of port capacity. 

Largest exporter of manufactured products throughout Central America. 

Fun Facts 

- Guatemala is on the list of the leading coffee suppliers to Starbucks Coffee, and as a supplier of wooden keys for Yamaha and Gibson guitars. 

- Guatemala is the main electricity exporter in Central America.

- Generates more than $100 million USD in technology products such as software and visual effects.

International Trade Agreements 

Guatemala has a prominent place in international business through Free Trading Agreements (FTAs) and individual trade agreements with various countries and regions such as Central America, Mexico, Taiwan, United States, Dominican Republic, Panama, Colombia, Chile, European Union, and there are negotiations in process to establish agreements with additional major markets.

Investment agreements have been established with Germany, Argentina, Austria, Belgium-Luxembourg, Chile, Korea, Cuba, Spain, Finland, France, Israel, Italy, Netherlands, Czech Republic, Sweden, Switzerland, Taiwan (according to information from the Companies Commission for International Trade Negotiations).