Location
Guam is the westernmost territory of the United States located at about
3,700 miles west of Hawaii, 1,500 miles southeast of Japan, 1,500 miles
east of the Philippines and 3,100 miles northwest of Australia.
9.8%
Other
15%
37.1%
Ethnicities
Religion
Overview of Guam
Population is 160,000
Percent of population
in rural areas – 6%
Percent of population
in urban areas – 94%
Language: English
2.3%
6.3%
6.9%
11.3%
26.3%
Roman
Catholic
85%
Chamorros
Filipinos
Other Pacific Islanders
Caucasian
Asian
Other
Mixed
Political System
Governor: Eddie Calvo
Part of U.S. Government
President: Barack
Obama
Laws & Regulations
Follows all U.S. Federal Laws
including:
Wage Requirements
Health/Safety Requirements
Environmental Regulations
Immigration
Banking
Differences
Has open visa policy for Russians, would like
an open visa policy for China.
Cannot vote in U.S. Presidential Election, but
is counted in primaries
Does not pay Federal Taxes. Sets own tax
rates and duties.
No Sales Tax, extra school taxes, etc.
20%
20%
5%
Other Exports $1,878,212
Construction Materials $2,764,344
Mens and Womens Apparel
$40,947
Plastics, Leather & Papers
$823,347
Home Appliance, Equipment &
Others $875,062
Transportation & Parts $2,348,938
Alcoholic Beverages $592,136
Food & Non-alchoholic Beverages
$2,389,791
Guam Exports-Goods
16%
7%
8%
Exports Jan - March 2013
24%
0%
14.88%
19.81%
15.49%
17.96%
Taiwan $428,445
Singapore $490,997
Philippines $634,300
Hong Kong $1,088,995
Republic of Korea $1,089,293
Germany $1,814,348
Federated States of Micronesia $2,103,476
Japan $2,320,640
Jan-March 2013
Exports by Guam by Country
3.66%
4.19%
5.42%
9.30%
9.30%
Other countries $1,742,455
Imports October 2012
Home
Appliance, Equip
ment & Others
($5,185,834) 9.33%
Transporation &
Parts ($9,956,986)
17.91%
Alcoholic
Beverages
($705,201) 1.27%
Food & Nonalcoholic
Beverages
($12,674,161)
22.79%
Guam Imports - Goods
Other Imports
($10,150,658)
18.25%
Construction
Materials
($1,608,387) 2.89%
Plastics, Leather,
and Paper
($10,610,863)
19.08%
Mens and
Womens Apparel
($4,716,014) 8.48%
Other ($4,940,881)
8.80%
Oct 2013
Republic of Korea
($1,089,993) 2.00%
U.S. ($25,409,766)
45.70%
Imports by Guam by Country
Taiwan ($1,260,525)
2.30%
Italy ($3,245,517)
5.80%
China ($3,632,793)
6.50%
Switzerland
($3,959,225) 7.10%
France ( $4,951,501)
8.90%
Japan ($7,117,902)
12.80%
Major Industries
Tourism – 1.2% growth in 2010, high
potential for more
Military – Expecting $139 million in
U.S. Government spending and an
additional 8,000 Marines by 2016
Local Economy – mostly small
businesses
Future Infrastructure
Improvements
With help of U.S. Government to assist in
preparation of increase in population:
Better electrical generation
More potable water production
Wastewater improvements
Increase in population with new
military deployments
Increase in tourists
Rise in Consumer Spending and Imports
for Businesses in Guam
Attractions of Owning a
Retail Store in Guam
No sales tax
US Dollar is main
currency
Transportation of
goods is simple
Duty Free is attraction
to consumers
Wider market than just
U.S. tourists
Resources for Starting a
Business in Guam
InvestGuam.com
Guam-OnLine.com
Bsp.Guam.gov
The End.