Belize virtual phone numbers

In Belize, telemarketing activities are subject to specific regulations aimed at protecting consumer rights and ensuring ethical business practices:

• The Consumer Protection Act, part of the Supplies Control Act (Chapter 293), provides protections for consumers against deceptive and unfair business practices, which includes telemarketing activities (Source: Caricom Competition Commission)
• Belize also adheres to international standards such as the United Nations Convention on the Use of Electronic Communications in International Contracts (2005), which aims to promote legal certainty and commercial predictability in electronic communications used in international contracts (Source: UNIS)

These regulations underscore the importance of ethical and compliant telemarketing practices in Belize.

Belize's economy in 2024 is driven by a thriving service sector, with key industries propelling the nation's growth.

• Tourism and Hospitality: Accounting for around 40% of the economy, Belize's tourism industry capitalizes on the country's stunning Caribbean coastline and the world's second-largest barrier reef. High-end resorts and hotels cater to international visitors, bolstering the hospitality sector.
• Real Estate: Belize's strategic location and appealing environment attract foreign investors, fueling growth in the real estate sector. Construction and property management companies play crucial roles in supporting this development.
• Exports and Remittances: Belize's economy benefits from exports of raw sugar, bananas, and seafood, with companies like Belize Sugar Industries Limited (BSI) and Bowen & Bowen contributing significantly. Remittance inflows from abroad also provide substantial support for consumption.

Belize's focus on climate-resilient infrastructure and crop investment is expected to drive steady economic growth, with the IMF forecasting a 3.4% rise in 2024 and 2.5% over the medium term.