Haiti

    Home »
  1. Caribbean
  2. »
  3. Haiti

Haiti business opportunities exist, but are certainly overshadowed by all of the barriers to trade and commerce. On the one hand, the Western Hemisphere’s poorest nation is a free market economy that enjoys a low labour cost and tariff-free access to the United States. That’s where the advantages stop. Impediments  to doing business in Haiti comprise a much longer list. Haiti is a nation stricken with poverty, corruption and poor access to education for its population. Adult literacy is low, there is a shortage of skilled workers, and at the same time 80% of college graduates from Haiti leave their homeland for better opportunities abroad. Its no surprise that remittances are the primary source of foreign exchange, far exceeding the earnings from exports. Combine this with an agricultural sector vulnerable to frequent natural disasters (exacerbated by the country’s widespread deforestation), plus a lack of investment due to limited infrastructure, corruption and lack of security, and its easy to see why only the most courageous or charitable entrepreneurs are willing to give business in Haiti a try.

Sorry, no listings were found.