Why do business with Peru?

Peru has been among the fastest-growing economies in Latin America over the last ten years. Peru has low inflation, a booming tourism sector, and a government that encourages foreign investment in many different types of companies in Peru. Doing business in Peru is a great choice for any business.

• Strong macroeconomic foundations and a prolonged period of economic and political stability

Even with the rise of inflation across the world, Peru’s current rate of 8.6% (January 2023) is below that of our neighbours Chile, Colombia, Uruguay, and the LATAM average of 11.45%. Add in the tax credits and pro-foreign investment policies, and the conditions to do business in Peru are still very positive.

• Open trade and market openness as a core economic value

In Peru, both foreign and local investors enjoy equal rights over their investments under the principle of “national treatment” as per the country’s legislation.

•  Diverse and attractive sectors bring investment opportunities

Peru has rich deposits of copper, gold, silver, zinc, lead, and natural gas. The mining sector drives Peru’s economy; it contributes 8.5% to its GDP. Due to its geological potential and low production costs, Peru’s mining industry is an attractive investment opportunity.

•  Political and cultural determination to promote long-term foreign investments

Most businesses in Peru do not have any specific restrictions or requirements on foreign investment. This favorable business environment for foreign investors makes Peru a perfect location for expansion.