Description
The Government of Saint Vincent and the Grenadines, through Invest Saint Vincent and the Grenadines (Invest SVG), strongly encourages foreign direct investment in Saint Vincent and the Grenadines, particularly in industries that create jobs and earn foreign currency. Saint Vincent and the Grenadines is an emerging and developing investment player. The government is pursuing investment in niche markets, particularly tourism, international financial services, agro-processing, light manufacturing, creative industries, and information and communication technology (ICT). The government offers special incentive packages for foreign investments in the hotel industry and light manufacturing. There are also provisions for incentive packages on an ad hoc basis. Tourism is the primary focus of the government with a new international airport and several resorts under construction. Saint Vincent and the Grenadines benefits from a low inflation rate and growing opportunities in the trade and export sectors.
