Off-Shore Banking
International Banking offers an Asset Protection layer for your financial plans. The International Banking Laws are being updated frequently so you need to make sure you are working with a company that is always protecting your interest as a client. Belize has long been known as an Off-Shore Banking haven. An International Banking strategy may be just what has been missing from your financial plan.
Note: Funds in US Currency can only be received into International Banking accounts in the following ways:
- Wire Transfers
- Bank Drafts
- Personal Checks
- Traveler’s Checks
- International Money Orders
- Cash (Limited by Law)
Wire Transfers are the preferred process for transferring money as it is the most reliable way of receiving money and funds are readily assessable.
Local Banking
Local Banking offers many services depending on the bank you choose to work with in Belize. The Banks are highly regulated in Belize and require a 24% liquidity rate keeping your investments secure while providing to you banking convenience.
- Wire Transfers
- On-line Banking
- Savings and CD’s
- Checking Account
- Lending
- Credit Cards
- Debit Cards
- Bill Pay
- Safe-Deposit Box
- Mobile Banking
- Insurance
- Foreign Exchange
Get a Real Estate Mortgage Loan or Personal Loan
Mortgage Loans are available in Belize.
- Typically a 40-60% downpayment is required
- Interest Rates on average range from 11-14%
Residential Loans are recommended for:
- Construction of a New Home
- Purchasing Home and Land
- Purchasing Land
- Home Improvements and Renovations
Personal Loans are recommended for:
- Vacation Expenses
- College or Back to School Expenses
- Medical Expenses
- Purchasing a Vehicle
- Loan Refinancing or Consolidation