Management of removal of restrictions on the right of establishment

(1) In carrying out his duties under this Part, the Competent Minister shall use his best endeavours to ensure that a national of another Member State of the Community desirous of engaging in an approved economic activity in Belize is not impeded in the exercise of his right of establishment. (2) Without prejudice to the generality of sub-section (1), the Competent Minister shall– (a) abolish administrative practices and procedures which impede the exercise of the Caribbean Community (Movement of Factors) 13 right of establishment by a national of another (b) remove all restrictions on the movement of managerial, technical and supervisory staff of an economic enterprise established by a national of a Member State in Belize; (c) remove all restrictions on entering and residing in Belize by spouses and immediate dependent family members of nationals establishing economic enterprises and of managerial , technical and supervisory staff of an economic enterprise of a national of another member State; (d) ensure that a national of another Member State exercising his right of establishment has the right to acquire or otherwise possess or control land, buildings and other property adequate for the purpose; (e) implement Community standards to ensure that the protection of the interests of partners, members and other persons with financial interests in companies and other entities are equivalent to those of similar entities in other Member States; and (f) implement measures established by the Council for Human and Social Development for the coordination of legislative and administrative requirements of Member States for the conduct of non-wage-earning activities in the Community. Caribbean Community 14 (Movement of Factors)