Lima Economy

Like most South Americans, Peruvians have a very relaxed approach to time; both business and social meetings regularly start half an hour late. Politeness is very important and greetings in particular should not be rushed. Men shake hands, while women or men meeting other women often greet each other with a kiss. Business cards are usually exchanged before meetings.

Breakfast and brunch business meetings are common but lunch remains an important way to entertain contacts. Latin Americans take care over their clothes and overall appearance and those doing business in Peru are advised to do the same.

A business trip that spans several days is likely to include an invitation for drinks or dinner at the house of a colleague. As a mark of respect, Peruvian colleagues should be addressed as usted (the polite form of tu) unless they indicate otherwise. Many Peruvian businesspeople speak English but of course any effort to speak Spanish is greatly appreciated. Normal business hours are Monday to Friday 0900-1700 and the main holiday period is between January and March.