IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Aug 2010 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 13 August 2010, Guatemala passed the Insurance Activity Law (Ley de la Actividad Aseguradora) No. 25-2010, which allows foreign insurance and reassurance companies to operate in Guatemala through branch offices. This new legislation offers new opportunities to foreign insurance groups already present in the region (Panama, Costa Rica, El Salvador, Honduras, Nicaragua) such as MAPFRE from Spain, Generali from Italy and other companies mainly from the US, the UK and Switzerland. 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

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