VESTEX promotes foreign direct investment in the country and offers free specialized services to accelerate your business plans.
Connect with VESTEX and make your next project a reality.
Why Guatemala?
Guatemala has 17.8 million inhabitants and is characterized by a young population, whose average age is 26 years old.
0%
of the total population is of working age.
Guatemala is characterized by its macroeconomic stability.
During the last 12 years, the average inflation rate has averaged
0%
Guatemala has good country risk ratings:
Fitch Ratings: (BB stable)
Moody’s (Ba 1 stable)
Standard & Poor’s (BB positive)
According to Moody's, Guatemala is growing faster than its peers and with less volatility.
Guatemala accounts for one-third of the region's GDP, making it the largest economy in Central America.
The country has the largest installed energy capacity in the Northern Triangle, which includes Guatemala, El Salvador and Honduras for energy production. Guatemala currently generates 3,381 MW, El Salvador 2,468 MW and Honduras 2,993 MW.
In 2022, 78 % of electricity came from renewable sources.
Guatemala has ports with access to the Pacific and Atlantic oceans, with a distance of 250 miles from coast to coast.
Guatemala's privileged location allows it to supply the west and east coasts of the United States.
Guatemala has highways and borders that connect the country with El Salvador, Honduras and Mexico.
Guatemala has the largest maritime cargo operation in Central America with 35.77% MT, which are distributed in Puerto Quetzal, on the Pacific, and in Santo Tomás de Castilla and Puerto Barrios on the Atlantic.
Guatemala is the 14th largest supplier of garments to the United States worldwide.
The transit time of a vessel from Guatemala to Miami is only 4 days.
The country is the leader in electricity costs in Central America.
+0
years of experience in the apparel and textile industry.
Guatemala has the most robust cluster in the region, since the entire supply chain of the apparel and textile industry is located in the country, from yarn, textile, garment, finishing services and accessories, which allows exporting higher value-added products.
The industry in Guatemala offers international clients speed and flexibility.
We link, facilitate and advise
VESTEX supports investors at every stage of their project. Our goal is to accompany companies from the initial prospecting to the complete installation in the country. We not only want companies to invest, but also to establish and grow in Guatemala.
Our Services
Prospecting
Matchmaking with key stakeholders, Guatemalan companies and suppliers.
Liaison with government entities.
Coordination of commercial agendas.
Key information related to the apparel and textile industry.
Economic and demographic information of Guatemala, main economic indicators, among others.
Advice on visa procedures.
Installation
Coordination of agendas for visits to suppliers of goods and services, potential partners, government entities, among others.
Legal and regulatory advice, guidance on local laws, regulations and requirements for establishing an apparel and textile company.
Assistance in the identification and selection of suitable locations for the project, according to company specifications.
Assistance on how to access tax incentives.
Accompaniment in the different stages of the installation process.
Aftercare
Follow-up of the operation and facilitation of procedures.
Provision of information related to compliance with national legislation.
Support and follow-up to the operation and assistance in administrative procedures.
Ongoing legal, tax and regulatory support to ensure that companies comply with all local regulations.
Provision of updated information on changes in the economic and regulatory environment.
Investors from around the world explore opportunities in Guatemala's apparel and textile industry