Dominica investment Checklist

Benefits of Investing in Dominica

• English is the native and business language
• Good tax and tariff incentives
• Easily accessible local market
• Assistance form Canada, Europe and U.S. governments
• IRS Section 936 tax benefit for U.S. companies
• Duty free access to U.S. by virtue of CBI provisions
• Unfettered access to European market through CARICOM, the Lome' Convention, and the Caribbean Council for Europe Provisions
• Situated between two French territories that enjoys unrestricted access to European market
• No special visas are required for Americans, Canadians or Europeans
• Maintains good relationship with Canada, Europe and the U.S.
• Preferential treatment to Canadian market through CARIBCAN
• Relatively inexpensive labor
• 94% literacy
• Repatriation of profits
• Residence/work permits

Best Products to Export to Dominica

• Automobiles and parts
• Medical supplies and equipment
• Pharmaceuticals
• Telecommunication products and services
• Industrial chemicals
• Computer peripherals and supplies
• Food products and packaging
• Hotel and restaurant equipment
• Chemical and production equipment
• Construction equipment
• Fashion apparel and accessories

Best Area to Invest in Dominica

• Agricultural product and food processing
• Agricultural product and preservation
• Agricultural product and distribution
• Aquaculture
• Offshore banking
• Tourism related business
• Airline maintenance and service
• Wine and distillery
• Tobacco manufacturing
• Telecommunications
• Manufacturing
• Assembling
• Service and distribution

Would you like to invest in Tour de Dominique - a proposed Bike Racing Extravaganza in Dominica? If yes, Email: market@buydominica.com

Important Trade Contact Information

• For information about changes in Caribbean Basin Initiative (CBI) qualified goods, contact U.S. Trade Representative at (202) 395-6135 To obtain a (CBI) Guidebook contact:
   

  Caribbean Basin Information Center
  International Trade Administration
  U.S. Department of Commerce
  14th Street and Constitution Avenue
  Washington, Dc 20230
  Phone: (202) 377-2527

• EXIMBANK, the Export - Import Bank of the U.S. provides trade finance for U.S. exports to world markets by the form of grant loans, buyer credit and the like. Contact: (800) 424-5201
• Canadian - Caribbean Business Cooperation Office helps companies identify business opportunity, locate joint venture partners, negotiate joint venture contracts and start up business in the Caribbean. For information, contact:
   

  Canadian - Caribbean Cooperation Office
  99 Bank Street, suite 250
  Ottawa, Ontario K1P 6B9
  Phone: (613) 563-9218

• Canadian International Development Agency (CIDA) provides financing assistance to Canadian companies interested in making direct investment in offshore facilities or projects, For information, contact:
   

  Industrial Development Program
  Industrial Development Division
  200 Promenade Du Portage
  Hull, Quebec, K1A 0E4
  Phone: (819) 997-7901

• Inter - American Investment Corporation is the merchant banking department of the Inter-American Development Bank (IADB). It is commissioned with the responsibility of inducing private undertakings in the Caribbean by assisting foreign companies of small and midsize range. To qualify for assistance the investor must:
  1. Use material and human resources from the host country
  2. Create local management skill
  3. Encourage export form the region
  4. Promote the saving and use of investment capital
  5. Generate and/or save foreign exchange
  6. Promote broad ownership structures

  For information, contact:
   

  Inter - American Investment Corporation
  1300 New York Avenue
  Washington DC 20577
  Phone: (202) 623-2360