Business in Trinidad and Tobago
The Government of the Republic of Trinidad and Tobago welcomes investment and is committed to enabling legislation to provide a hassle-free business environment for investment partners. Several investment protection mechanisms have been established to guarantee investors a level playing field:
- Bilateral Investment Treaties with the UK, Canada, Switzerland, USA, France, Cuba, India, Germany, China, Spain, Mexico and Korea.
- Bilateral Investment Treaties with the USA
- Allows financial transfers to be made freely into and out of each country
- Eases requirements relating to entry, sojourn and employment
Bilateral Investment Treaties
Double Taxation Treaties
Additionally, Trinidad and Tobago (T&T) ranked 43rd globally out of 142 countries according to the 2015 Prosperity Index. T&T’s best performance was in the Personal Freedom sub-index, where it ranked 28th in the world.
The Prosperity Index is an exceptional and robust assessment of global wealth and wellbeing, benchmarking 142 countries according to their performance across eight equally weighted sub-indexes, and it reveals the most and least prosperous countries.
T&T’s high performance in Personal Freedom encompasses an evaluation of the country’s civil liberties, freedom of choice as well as whether the country is a good place for immigrants to live freely and safely.
InvesTT Trinidad and Tobago provides facilitation services to help you to navigate business networks in Trinidad and Tobago easier.