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Business And Economy Thrive In Belize

Posted by Valeria Espinoza on Sep 25, 2012 2:56:48 PM
Valeria Espinoza

The business and economy in Belize and on Ambergris Caye is a combination of tourism and local business. One of the largest contributors in both arenas is Grand Baymen. Grand Baymen operates as one of the largest Belizean housing communities on Ambergris Caye. But Grand Baymen is not just a housing community that feeds that local economy; it is also a magnet for North American people that are seeking paradise without giving up all of the amenities that modern life demands.

Business and economy in Belize and on Ambergris Caye is not solely supported by Grand Baymen. There is a large variety of resorts and hotels that feed thousands of dollars into the local economy and at the same time employ thousands of Belizean locals. It is this type of country to country monetary exchange that supports a strong business and economy in Belize and on Ambergris Caye.

Intermarket Sales

Recent years have seen an increase in intangible sales that has overtaken tangibles in many areas. This does not just include online purchases, but also intangible items such as luxury suites in areas just like Ambergris Caye. Without this type of intermarket sale, the business and economy of Belize on Ambergris Caye has the potential to stagnate and prevent the local people from growing and increasing their own economy.

Social Responsibility

Social responsibility in this day and age takes on greater meaning. Business and economy in Belize and on Ambergris Caye play by the same rules as everywhere else and those facts are clear. Every time a dollar moves from one hand to another the overall economy benefits. While tourism brought quite a few dollars into the economy, Grand Baymen has helped to keep them there.

Many areas of the world have such a different economy that exchange rates can be taken advantage of and a person from another country can live like a king. The economic diversion between the business and economy in Belize and on Ambergris Caye is not as great as other countries and a moderate $99,000 can secure a condo in Grand Baymen. Not only does that bring a large sum of money into the local economy, fifty percent of this amount will be financed under a local institution.

This fact means that not only does a one-time sum in the amount of $50,000 enter the economy, but over 10 to 15 years there will be a steady flow of revenue. Local jobs will be in a steady supply as long as businesses such as this continue to grow. Some employees come in from other countries which also build the local population and add another buyer into the economy.

A Bright Economic Future

Business and economy in Belize on Ambergris Caye have no reason to see the future as anything other than a bright horizon. Businesses come and businesses go, but with foundations built with the strength of businesses such as Grand Baymen, there will always be a strong local economy. No longer is paradise a place for just the rich. All income levels have a chance to secure their future and the future of their family. There are dreams that fire the soul to reach into the future and this little slice of paradise is one of those.


Topics: Investing in Belize

Valeria Espinoza

Written by Valeria Espinoza