Includes how foreign exchange is managed and implications for U.S. business;
Last Published: 7/20/2019
Trinidad and Tobago has no exchange controls on foreign currency and securities. The repatriation of capital, dividends, interest, and other distributions and gains on investment may be freely transacted without limits, but anyone carrying the equivalent of $5,000 or more in cash when they enter the country must declare it.     

Foreign exchange is managed by the Central Bank. Since 2015 there have been numerous shortages that the Central Bank has tried to combat through regular injections of U.S. currency from the country’s sizeable foreign reserves. Companies sometimes have to wait up to six months to be able to exchange TT dollars for U.S. dollars.


 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.