Guatemalan Labor Laws and Worker's Rights

October 31st, 2008 | Guatemala - Business, Guatemala - Relocation | No Comments »

As a foreigner employee a team of Guatemalan workers to care for your house, there are important things you need to know about Guatemalan workers rights.

Work Week: The work week is 5 ½ days longs. Eight hours Monday to Friday and a half day on Saturday; 44 hours total.
Minimum wage: Domestic employees are not subject to prevailing wage regulations, however a minimum of $100/month should be paid, plus benefits.
Paid Holidays (Feriados): Jan 1; Thursday, Friday & Saturday of Easter Week; May 1 (Labor Day); June 30 (Army Day and anniversary of 1871 revolution); September 15 (Independence Day); October 20 (anniversary of 1944 revolution); November 1 (All Saints Day); December 25; December 24 and 31 (half day).

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Does Guatemela Prefer Obama or McCain?

October 27th, 2008 | Guatemala - News | 3 Comments »

Of those who actually chose between McCain and Obama, 27% supported Obama, while only 11% preferred McCain. Those results are consistent with the rest of the world, as Obama is preferred around the world by a ratio of nearly 4–1.

From May to September 2008 Gallup Polls conducted surveys in 70 countries to see who the world preferred to see elected into the Presidential office in the United States.

The remainder of Guatemalans, a whopping 63% weren’t sure which President would be the better choice as far as their country is concerned.

At this point, Guatemalan isn’t even sure if this election has any bearing on their country. In a nearly evenly divided Read more

Guide to Make Money and Travel Full-Time

October 26th, 2008 | Guatemala - Travel Tips, The Best of Guatemala | No Comments »

Chris Guillebeau is the mastermind behind “The Art of Non-Conformity,” an online blog that touches on unconventional strategies for life, work, and travel. He is also a friend of this traveling gringo. Chris is an amazing character who has spent time the last ten years self-employed, four of them in West Africa as a volunteer aid worker.

Chris’ most recent project is a series of Unconventional Guides and other informational products. These will be available for purchase and expound upon the topics he regularly tackles on his blog: Life, Work and Travel.

The Unconventional Guide to Working for Yourself is an authoritative look at being self-employed. It explains how you can make money and spend Read more

How is the Guatemalan Economy Doing?

October 15th, 2008 | Guatemala - Business, Guatemala - News | No Comments »

Purchasing real estate in Guatemala can be a profitable venture, as has already been discussed on this blog. The process is not complicated, and in comparison to other countries, Guatemala has a number of appealing factors that set it apart from the rest. It enjoys relative stability and is close and well connected with the United States, making it appealing to North Americans. But how is the Guatemala economy being affected by the United States recession and the looming world recession?

Guatemala has Central America’s largest economy, being the largest and most populous country in Central America, and represents a growing market. In 1996 36 years of civil war ended, and since then Guatemala has been taking important Read more

Guatemala is the Place to Escape the United States Recession

October 8th, 2008 | Guatemala - Business, Guatemala - Relocation, The Best of Guatemala | No Comments »

As the US economy continues to decline Americans are being forced to change the way they handle their dollars as they slide in value against the British pound and the Euro. As businesses buckle down to face the brunt of a world recession many are left wondering how the US is going to weather the storm and if, when the dark clouds of decline finally rise, the economy will be able to recover.

Many businesses have already taken steps to recession-proof themselves by trying to draw in foreign sales. In recent article from Business Week it was stated that “the strongest U.S. companies may be the ones with the biggest footprint abroad.” By having their fingers in multiple Read more

Property and Rental Taxes in Guatemala

October 5th, 2008 | Guatemala - Travel Tips | 1 Comment »

The following is some helpful information for those thinking of investing in property in Guatemala, and is quoted from the January First Real Estate Latin America. You can read the full article by clicking here: January First Real Estate Guatemala Tax Information.

The Guatemalan taxation system has historically been characterized by a low capacity to collect, partly due to a strong anti-fiscal culture arising from the lack of credibility of government institutions, an informal or underground economy and a low capability of the tax collection institutions.

Real Tax or Property Tax (impuesto unico sobre inmuebles)This tax is collected by the local government (departments, municipalities) as an annual property tax applicable to all real estate in Guatemala. The property Read more

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