Peru is one of the main destinations of British foreign direct investment (FDI) in South America. Averaging $8 billion dollars a year for the past ten years, Peru’s FDI reached $7 billion dollars in 2019. The United Kingdom is the main origin of investments to Peru, having a 22% share of total FDI as of 2021.
Among other things, the Peruvian government promotes public-private partnerships (PPP) to build infrastructure and spur economic growth, with tax exemptions and low-cost financing available for domestic and foreign investors alike.
Peru has established itself as an attractive destination for foreign investment and a reliable and dynamic source of business partnerships for foreign companies. Peru ranks among the top countries in Latin America and the Caribbean according to the World Bank’s Ease of Doing Business Index. This index measure how conducive the regulatory environment is to starting and operating a local business.
Favourable legal framework for foreign investors:
- Equal and non-discriminatory treatment
- Unrestrictive access to the majority of economic sectors
- Unrestrictive capital transfer
- Guarantee of private property
- Freedom to acquire shares in Peruvian corporations
- Freedom to access to credit
- Freedom to transfer royalties and profits from their investments
Current Trade agreements
Peru’s international strategy and policy is driven by a liberalization of markets and a proliferation of free trade agreements. Through these measures, Peru is successfully entering the global economy, increasing the competitiveness and productivity of its companies.
Companies based in Peru can now export under preferential conditions, subject to the rules of origin of the trade agreement, to over 55 countries including the three more important economic blocs in the world: USA, China and the European Union (and have signed an agreement with the UK that came into force the day after Brexit was completed on the 31st December, 2020). More information on Free Trade Agreements.
|World Trade Organization||1995|
|Mercosur: Argentina, Brazil, Paraguay, Uruguay and Venezuela||2005|
|EFTA: Switzerland, Iceland, Liechtenstein and Norway||2011|
|Pacific Alliance: Colombia, Chile and Mexico||2011|
Additional information on investing in Peru:
In an effort to facilitate investment flows into the country, Peru has established the Private Investment Promotion Agency of Peru (Proinversion). This agency provides various tools to potential investors. Among them the agency provides information on:
Basic rights to foreign investors
Important information on guarantees and protections extended to foreign investors.
Establishing a company in Peru
Provides a step by step guide on how to establish a business in Peru. Covers topics ranging from choosing the type of firm, to legal requirements and registration, etc.
Provides information on business opportunities in different sectors of the Peruvian economy. The portfolio includes projects in important and dynamic sectors such as mining, infrastructure, telecommunication, and tourism, among others.
Public-Private Partnerships (PPP) in Peru
List of projects involving both the private and public sector which aim at developing or improving services required by the state, and technological innovation and the advancement of research.