Guatemala wants to expand luxury cruise tourism to the country by suspending a local tourist tax.
The USD10 per head tourist tax has been suspended for cruise line passengers staying no longer than 72 hours in Guatemala in order to promote more tourism and improve the country's competitiveness with regard to other countries in the region.
The Guatemalan Association of Cruise Tourism estimates that the number of cruise liners visiting Santo Tomás de Castilla on the Atlantic and Puerto Quetzal on the Pacific will more than double to 140 in the 2011-2012 season. The Association says that the thousands of passengers on each vessel spend on average USD104 per head, to the benefit of small businesses in Guatemala.
The 2010-2011 season, although down on previous seasons, brought more than 60 thousand cruise line passengers and generated in excess of USD9m in revenue.
The measure will take effect when Legislative Decree 41-2010 is published in the relevant legal journal.
.Tags: tax | law | small business | business | marine | Guatemala
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