WHY invest in Guatemala

Guatemala: The strategical & Ideal place in The Americas

Guatemala winner of major city - Best for cost effectiveness

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Facts

In recent years, Guatemala has emerged as a prominent player for businesses wishing to benefit from a nearshoring strategy. The 14 different trade agreements that are now in effect, together with its excellent location, give businesses easy access to more than 40 nations and 1,500 million consumers.
The country offers businesses affordable pricing for electricity, real estate, water supply, and human resources.

Strategic geographic location, with access to the Atlantic and Pacific Oceans, which opens opportunities for large multinationals that want to reinvent and diversify their value chains and avoid disruptions in supply.

Access to more than 1.5 billion consumers through 14 Trade Agreements with more than 45 countries, including Central America, United States, Mexico and the European Union.

Macroeconomic stability, in the last 10 years Guatemala's economy has grown more than the average growth of Latin America and the Caribbean. The currency has strengthened against the dollar and the country maintains the lowest public debt in the region. The Guatemalan economy showed great resilience during COVID-19, with a decrease of only 1%.

The largest skilled labor force in the Central American region and specific programs to train young people in technical careers for strategic sectors.

Competitive costs in energy (lower production losses and the lowest costs in Central America), logistics (shorter export times and costs, most modern customs in the region), financing (lower credit risk) and telecommunications (lower broadband costs).

And other advantages such as: logistical connectivity with proximity to the U.S. market, the largest market in Central America, investment incentive programs such as free trade zones and special economic zones, and an ecosystem for the development of strategic sectors, among others.

Fiscal Incentives for investment in free trade zones and special public economic zones.

Leader in low costs and renewable electricity generation in Central America (USD 0.085 for industrial users).

Logistics connectivity, with the presence of 22 commercial airlines; 11 cargo airlines; second largest maritime cargo operation in Central America and more than 10 shipping lines; road access to Central America and the most modern customs in the region.

Competitive costs in telecommunications with the lowest broadband prices and in financing due to lower credit risk.

Some details

Guatemala offers competitive advantages to relocating your production closer to the most important markets:

Location

The country’s strategical geoposition gives it access to both the Atlantic and Pacific oceans, and enables the reimagining and diversification of value chains.

Access

Access to +1,500 million consumers through Free Trade Agreements with +45 countries.

Easy movement of goods

Circulation of products without restriction thanks to America’s first customs union

Skilled labor

With the highest demographic bonus in the region, the nation has a plentiful supply of skilled workers; specific efforts have been taken to develop programs in technical professions to improve Guatemalans’ abilities.

Energy

The country offers the lowest costs in Central America; and more than 74% of its energy is generated from renewable sources.

Telecommunications

Guatemala has a robust infrastructure that provides stable connection at a low broadband price.