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Forbes ranks Jamaica best country in Caribbean to do businessForbes Best Countries for Business Report has ranked Jamaica 64 out of 146 nations making it the best country in the Caribbean region to do business and third in Latin America and the Caribbean. Forbes, a leading international business magazine, determined the Best Countries for Business by grading 146 nations on 11 different factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Forbes said each category was equally weighted. (December 23, 2014, Forbes)
Jamaica’s reputation as one of the premier global destinations for investment continues to rise, as discerning entrepreneurs increasingly seek to capitalize on the exciting business opportunities that abound in the country. Beyond its vibrant culture and natural beauty, Jamaica’s value proposition is underpinned by its business-friendly environment, educated and trained workforce, stable democracy, solid infrastructure and strategic location. (JAMPRO Report)
Jamaica is the 144th largest export economy in the world and the 73rd most complex economy according to the Economic Complexity Index (ECI). In 2014, Jamaica exported $1.43B and imported $5.8B, resulting in a negative trade balance of $4.38B. In 2014 the GDP of Jamaica was $13.9B and its GDP per capita was $8.88k. (MIT, creative commons)
The top exports of Jamaica are Aluminum Oxide ($626M), Aluminum Ore ($127M), Refined Petroleum ($101M), Hard Liquor ($64.4M) and Raw Sugar ($55.6M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.2B), Crude Petroleum ($598M), Cars ($165M), Packaged Medicament ($121M) and Petroleum Gas ($99M). (MIT, creative commons)
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OUR PRODUCTS GALLERY
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- Jamaica Sales Tax Rate - VATThe Sales Tax Rate in Jamaica stands at 16.50 percent. Sales Tax Rate in Jamaica averaged 16.64 percent from 2006 until 2019, reaching an all time high of 17.50 percent in 2010 and a record low of 16.50 percent in 2007. In Jamaica, the sales tax rate is a tax charged to consumers based on […]
- Jamaica - Credit RatingStandard & Poor's credit rating for Jamaica stands at B with positive outlook. Moody's credit rating for Jamaica was last set at B3 with positive outlook. Fitch's credit rating for Jamaica was last reported at B+ with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors […]
Business & Investment opportunities in the United States
The United States offers firms from around the world an open, stable market with many opportunities for to make profit. We help companies to be successful in the United States. We handle all your business needs from business plan to put in an action.
U.S. market can help you, drive success globally. With an annual GDP of $18 trillion and population of over 325 million, the United States is the world’s most attractive consumer market, offering unmatched diversity, a thriving culture of innovation, and the most productive workforce. Companies of all sizes – from startups to multinationals – can find the ideas, resources, and market to succeed and grow.
IMPORT/EXPORT OF JAMAICAN PRODUCTS, FROM THE SOURCE.
We are an Export/Import, Wholesale/Retail Company which facilitates global trade. We handle consumer goods, general merchandise, agricultural products, auto parts, industrial manufacturing raw materials, business services, purchasing, marketing, joint ventures, tourism and real estate investment opportunities. We also arrange trade credit for our customers & work permit for our investors.
Under the EPA, Jamaican professionals will be able to offer their services to the EU, whether virtually or if granted temporary work permits to work in the region. The EPA provides duty-free/quota-free market access to all CARICOM goods into the EU except sugar.
CARIBBEAN is a preferential arrangement guaranteeing duty free access to Canada for a wide range of products excluding textiles and apparel, footwear, luggage and handbags, leather garments, lubricating oils and methanol.