Bolivia generally welcomes foreign investment, but political and social instability can make it a difficult place to do business. Social unrest, arbitrary regulatory decisions, widespread corruption, cumbersome bureaucratic procedures, and pressure to abrogate contracts can all affect companies’ operations.

Absent significant changes in Bolivia’s legal framework, some of which may be proposed by a Constituent Assembly convened in mid-2006, the best prospects for U.S. investors are in the hydrocarbons and mining sectors.

For more information on doing business in Bolivia, including detailed descriptions of best prospects and specifics on customs and trade regulations, please refer to our Country Commercial Guide: