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Get to Know About Saint Pierre and Miquelon
Saint Pierre and Miquelon is one of the French overseas collectivities. It is in the Gulf of St. Lawrence, which is 25 kilometers away from Newfoundland in Canada. Being an overseas collectivity, it is an administrative region of France, however, it has a self-governing body. The archipelago covers an area of 252 square kilometers and is home to an estimated 6,500 people.
The island of Saint Pierre and Miquelon has a damp and cold climate. Winter is harsh, and there are fogs in spring and early summer. Also, the wind is very strong. Because of this, agriculture is not possible. In the past, inhabitants have even suspended every outdoor activity between December and April due to unfavorable weather conditions. So, this could become a challenge for many thinking of doing business in Saint Pierre and Miquelon.
The fishery is the main economic driver of Saint Pierre and Miquelon. Many people are into fish and crab farming. Apart from that, the tourism and accounting sectors also contribute to the economy.
As you can see, doing business in Saint Pierre and Miquelon might not be for everyone. But for those who have done their research, the place offers good infrastructure and business laws. Education is accessible, and health services are free of cost to everyone. Thus, you have some positives to take.