Foreign Trade Zone #218
St. Lucie County's Foreign Trade Zone #218, is located in four areas of the county consisting of a total of 1,588 acres.What is a Foreign Trade Zone?
- Foreign Trade Zones are secure industrial parks or specialized warehouses.
- Sites located close to a Port of Entry.
- Considered to be outside of the U.S. Customs Territory.
- Operated as a public entity.
A few of the Foreign Trade Zone Benefits are as follows:
- Combine Foreign and Domestic Merchandise for Re-export.
- Exemption from taxes.
- Loss of inventory savings (waste, scrap, defective merchandise, spillage, evaporation).
- Avoid customs penalties for improper documentation.
- Storage of merchandise awaiting Quota openings.
- Reduction of insurance cost
Click here to view a map of St. Lucie County's Foreign Trade Zone sites.
