Understanding the incentive framework offered by countries in Latin America is a vital component in the site selection process, yet comparative data is often difficult to find. Not all incentives are created equal and many only favor initiatives birthed and sustained in free trade zones. Incentives also often have limited life spans; while Panama’s free trade zones offer tax-free incentives for 25 years, others are capped at eight or 10 years.
Across the region, the greatest incentives lie in the free trade zones and many are tailored specifically to BPO and/ or ITO activities.
Drawing on data from investment promotion agencies, government sites and tax firms, Nearshore Americas examines tax incentives offered by ten Latin American and Caribbean countries in this interactive. Click on each country to discover more about some of the incentives on offer.