Top Reasons to Invest in Belize!

Belize is truly one of "Mother Nature's Best Kept Secrets" and today its doors are open to all who dream of building a new future. With a stable political and economic climate under democratic rule, Belize is truly a land of opportunity for the international investor.

Unlike any other country in Central and South America, Belize is part of the British Commonwealth and therefore English is the official language. As a result, navigating the purchase process, negotiating contracts and simply communicating clearly becomes a much more efficient and comforting experience.!

Belize is a thriving offshore center with some of the most beautiful natural landscapes in the world and an abundance of affordable and desirable real estate. In addition, property values in Belize have been steadily increasing for the past 25 years.

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Ownership Rights Belize has very strong private property ownership rights and foreign buyers are able to purchase real estate in Belize unrestricted, meaning they have the same rights to own freehold property title as Belizeans. The Government has established a host of financial incentives and strongly encourages foreign investment.

Favorable Tax Climate A key consideration when considering investing in Belize is the country's tax climate. Belize has long been regarded as one of the T-7 Tax Havens and it is for this very reason that it is such an attractive option for investors. With much of the US in an economic downturn, many investors are looking to internationalize their finances and their portfolios for both tax and asset protection reasons. Belize offers a legitimate and simple solution to achieving both of those financial planning goals.

Banking with Privacy Protection Belize has five commercial banks that serve local residents, three of which are based in Belize, Alliance Bank, Belize Bank and Atlantic Bank. First Caribbean Bank (formerly Barclays) and Scotia Bank, large multinational institutions, operate branches in Belize as well. Also serving the financial needs of Belize residents and citizens are small local banks, credit unions and small mortgage lending institutions. Along with these banking options, Belize offers a growing selection of offshore banks.

Authorized by the Banks and Financial Institutions Act of 1995 and the Off-Shore Banking Act of 1996, these banks are legally prohibited from servicing citizen or legal residents of Belize. They do, however, provide an attractive banking option for ex-patriots seeking privacy and protection.

Qualified Retirement Program (QRP) The Qualified Retirement Program (QRP) is a key governmental incentive that should be incorporated in all financial and investment strategies in Belize. Qualification is easy and relatively inexpensive.

Taxes and IBCs Foreign earned income is exempt from personal and business taxes and income can also be earned tax-free while residing in Belize simply by implementing a Belizean International Business Company (IBC). Pension income is also exempt from income tax, making Belize financially attractive in many ways for expatriates.

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