We are available to work out your investment plans for Suriname.
Suriname lies on the northeast coast of South America and is part of the Guiana’s. This is a large area rich in natural resources that includes all of Guiana, Suriname and French Guiana, as well as parts of Colombia, Venezuela and Brazil. Suriname borders on Guiana, French Guiana and Brazil and covers an area of 163,820 square kilometers (approximately 63,250 square miles). Most of the land surface is covered by dense tropical rainforest.
First explored by the Spaniards in the 16th century and then settled by the English in the mid-17th century, Suriname became a Dutch colony in 1667. With the abolition of African slavery in 1863, workers were brought in from India, Indonesia and China. The Netherlands granted the colony independence in 1975. Due to this history, Suriname has an ethnically diverse population.
The official language is Dutch, which is spoken by most of the population as its first language. Sranan Tongo (Surinamese) is the lingua franca, while English is also widely spoken.
Suriname’s economy is dominated by the mining and energy industry. However, sectors such as agriculture and tourism are becoming more relevant in the recent years. Suriname's economic prospects for the medium-term is stable and for the long-term positive. Suriname is in a transition phase of implementing new monetary and fiscal policies and the introduction of structural reforms to liberalize markets and promote competition.
Suriname is a beautiful country with numerous investment opportunities. Although there are challenges when investing in Suriname, with the proper preparation and expert guidance, investing in Suriname can be very profitable.
Feel free to contact us to receive our tax guides for Suriname.