(World Bank, 2020)
The Caribbean Offers Businesses Unique Location Advantages
The Caribbean is the ideal nearshore market for the U.S. with similar time zones and nonstop flights from the majority of major U.S. cities. Northern Caribbean countries are located just a few miles off the Florida coast and are in the same time zone as New York City and Miami.
Companies looking to expand overseas will appreciate how easy it is to reach staff in Caribbean countries, either in person or virtually via conferencing software. Hiring staff is easy given that the Caribbean represents the largest source of near-shore English speaking talent pool in this hemisphere.
In addition, the Caribbean offers strong connectivity with South American markets. The southernmost part of the Caribbean is near Venezuela, Brazil, and Columbia.
Click here for information on the transportation infrastructure for each CAIPA member: