LocationGuam 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.

Overview of Guam

Population is 160,000

Percent of population in rural areas – 6%

Percent of population in urban areas – 94%

Language: English

Roman Catholic

85%

Other15%

Religion

37.1%

26.3%

11.3%

6.9%

6.3%

2.3%9.8%

Ethnicities

Chamorros

Filipinos

Other Pacific Islanders

Caucasian

Asian

Other

Mixed

Political SystemPart of U.S. Government

President: Barack Obama

Governor: Eddie Calvo

Follows all U.S. Federal Laws including:

Wage Requirements

Health/Safety Requirements

Environmental Regulations

Immigration

Banking

Laws & Regulations

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.

Differences

Guam Exports-Goods

20%

5%

20%

8%7%0%

24%

16%

Exports Jan - March 2013 Food & Non-alchoholic Beverages $2,389,791

Alcoholic Beverages $592,136

Transportation & Parts $2,348,938

Home Appliance, Equipment & Others $875,062

Plastics, Leather & Papers $823,347

Mens and Womens Apparel $40,947

Construction Materials $2,764,344

Other Exports $1,878,212

Exports by Guam by CountryJan-March 2013

19.81%

17.96%

15.49%9.30%

9.30%

5.42%

4.19%

3.66%

14.88%

Japan $2,320,640

Federated States of Micronesia $2,103,476

Germany $1,814,348

Republic of Korea $1,089,293

Hong Kong $1,088,995

Philippines $634,300

Singapore $490,997

Taiwan $428,445

Other countries $1,742,455

Guam Imports - Goods

Food & Non-alcoholic

Beverages ($12,674,161)

22.79%

Alcoholic Beverages

($705,201) 1.27%

Transporation & Parts ($9,956,986)

17.91%

Home Appliance, Equip

ment & Others ($5,185,834) 9.33%

Mens and Womens Apparel ($4,716,014) 8.48%

Plastics, Leather, and Paper

($10,610,863) 19.08%

Construction Materials

($1,608,387) 2.89%

Other Imports ($10,150,658)

18.25%Imports October 2012

Imports by Guam by CountryOct 2013

U.S. ($25,409,766) 45.70%

Japan ($7,117,902) 12.80%

France ( $4,951,501) 8.90%

Switzerland ($3,959,225) 7.10%

China ($3,632,793) 6.50%

Italy ($3,245,517) 5.80%

Taiwan ($1,260,525) 2.30%

Republic of Korea ($1,089,993) 2.00%

Other ($4,940,881) 8.80%

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

Major Industries

With help of U.S. Government to assist in preparation of increase in population:

Better electrical generation

More potable water production

Wastewater improvements

Future Infrastructure 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

InvestGuam.com

Guam-OnLine.com

Bsp.Guam.gov

Resources for Starting a Business in Guam

The End.