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Belize: No News Is Good News In This Under-The-Radar Safe Haven

By Kathleen Peddicord

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Summary: Whether you're looking to live in Amgergris Caye or Belize City, Belize's charm, stability and financial advantages make it a great place to invest in property.

"The good news from Belize is no news from Belize..."

Throughout the 25 years I've been traveling in this country, that's been the running joke.

Nothing ever happens in Belize, and the people of Belize, both the Belizeans and the foreign expats, retirees, and adventurers who've chosen to settle among them, like it that way. These are fiercely private and independent folks, content to stay under the world's radar.

This aversion to the global spotlight has always been recognized as one of Belize's greatest charms. In the current global climate, however, privacy is more than charming. It's a serious and increasingly unique advantage.

Especially when it comes to banking, taxes, asset protection, and other money matters.

Belize is a custom-made banking haven, created by the British in 1981, who looked around at the top banking havens worldwide at the time and cherry-picked the best elements of the banking laws in each case. These elements were incorporated into the banking law for the about-to-become independent nation to be known as Belize.

Three decades later, most of the world remains unaware of the banking, tax, and financial privacy advantages Belize has to offer. And therein lies an important part of the reason why these advantages have survived.

For decades, the world's bankers have turned their noses up at Belize banks. Bankers from Switzerland and Austria would snicker at the mention of the idea of doing business with a bank in Belize. But the world's banking industry has been turned on its head. The damage has been colossal in some cases.

But not in Belize, which quietly remains a stable, English-speaking banking haven with strong fundamentals, including bank liquidity rates of 24%. In the current global money climate, quirky little off-the-radar Belize might be just the safe haven you seek.

About the Author

After more then 22 years as Editor and Publisher of International Living, Kathleen Peddicord is now Publisher of Live and Invest Overseas.com and Editor of the group's FREE weekly e-letter, the Overseas Opportunity Letter, detailing the best opportunities worldwide right now for living, retiring, investing, owning real estate and doing business. Nobody covers this beat better.


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Comments

eldukedeplas
Aug 31, 2011 14:18

Corosol?

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