The RIFC was designed to be the most attractive business environment in Latin America. Hallmarks of the RIFC include its stable legal and economic regime based in common law, tax attractiveness, English internationally compliant and enabling regulatory framework, robust legal and dispute resolution framework, foreign currency availability with free capital flows, and world-class e-governance platform.
The RIFC has immediate proximity to a highly literate, comparatively low-cost, and bilingual (English and Spanish) workforce in Honduras and LATAM more generally. The jurisdiction is also a short flight from major cities in the United States, Canada, and LATAM. Professionals with the deep specialization required for certain IFC activities are also able to immigrate to St. John’s Bay using streamlined procedures and requirements.
The RIFC is building a transformational business environment to catalyze the development of innovative Fintech/DeFi firms, as well as traditional financial services. In addition to integration with Honduran and regional banks, the RIFC is attracting international firms to improve the depth of its professional services.
Trust & Transparency
As a new jurisdiction, the RIFC benefits from a clean reputation, a crucial difference from many jurisdictions in LATAM. To cement its reputation, the RIFC will promote its transparent governance, full compliance with the highest international financial standards, KYC/AML enforcement, and attractiveness as a jurisdiction with deep specialization in innovative financial services.
The RIFC is located in St. John’s Bay, an expansive real estate development designed to house RIFC-relevant firms. St.Johns Bay is a green and walkable jurisdiction contiguous to the Caribbean Sea and the island of Roatán, which has multiple direct flights from major cities in the United States and Canada including Atlanta, Dallas, Denver, Houston, Miami, Minneapolis, Montreal, and Toronto. ICT infrastructure is being upgraded to create a world-class environment for digital-forward companies and remote-work individuals.