Welcome to Trinidad and Tobago
Trinidad & Tobago is a stable English-speaking democracy with a strong Energy sector, and is recognised as the region’s capital for Financial Services. It is strategically located as a prime commercial gateway between North and South America. Trinidad and Tobago is business friendly, agile and welcomes foreign investment.
As such, Trinidad and Tobago possesses a favourable tax system and a robust regulatory framework that can be beneficial to investors. Also, investors will be able to access fiscal incentives once all requirements are met, benefit from low utility costs and gain entrance to the Americas marketplace.
As the third richest country by GDP (Purchasing Power Parity) in the Americas after the United States and Canada, Trinidad and Tobago has this year (2017) moved up six places in The World Economic Forum (WEF) Global Competitiveness Report (GCR). This country improved from last year’s ranking of 92 to 86, thanks in part to macroeconomic stability and financial market sophistication, which continue to be pillars of strength. Our financial system which accounts for 12 per cent of GDP, is well-organised, soundly-regulated and plays a pivotal role in the economy. The Central Bank of Trinidad & Tobago operates independent of Government in determining monetary policy and setting discount rates and reserve requirements. It regulates operations of the commercial banks and other financial institutions.
National Energy welcomes all investors and endeavours to ensure that investors possess all the knowledge, tools, linkages and facilitation needed to efficiently navigate the way to new business opportunities in the country.