Provide More for Your Loved Ones with Asset Protection Offshore

Offshore asset protection makes it much easier to protect the value of your assets over the long term. Nations like Belize incorporate a well-defined body of regulations that ensure you can invest offshore and enjoy tax mitigation without breaking any U.S. laws or incurring IRS penalties. In addition, these nations maintain strong diplomatic ties with the U.S., thereby strengthening their own economies and making them more favorable places to invest. One of the major benefits of investing offshore is that your assets can grow in a a far more diverse market environment that allows them to survive ups and downs without taking too much of a loss.

Building up your assets isn’t enough. Nest eggs without tough shells will break, and in most cases, there’s nothing as effective as asset protection offshore. Creditors, spendthrift inheritors and a whole host of other trials can reduce your savings, rendering them insufficient to provide for those you want to care for after you’re gone.

Legal Protection via International Laws

Since 1992, Belize has operated under progressive legislation modeled on Trusts Acts similar to those in the British Virgin Islands. Belize and other nations are extremely supportive of International Business Companies (IBCs), and they focus heavily on creating user-friendly laws and well-regulated asset insurance guidelines to attract foreign investment. Notable laws include offshore tax exemptions, clauses that maintain the private identities of principals and extremely flexible company structure regulations that make it easier to incorporate an IBC within a few working days.

Unlike some tax shelters, however, Belize maintains a good diplomatic relationship with the U.S., the U.K and other developed nations. This means that investors from these countries are able to maintain their favorable tax situations without running afoul of the laws on their native soil. The U.S. government and many major private corporate concerns have invested heavily in creating a stable Belizean economy that also turns out to be very favorable for individuals who just want to preserve their retirement wealth or support their surviving relatives.

Gaining Access to More Diverse Markets

Offshore asset protection also benefits from the fact that it allows domestic investors to do more with their money. In addition to buying into typical financial products like stocks and bonds, they can access foreign exchange pairs and make more direct IRA investments in real estate, versatile universal life insurance policies and structured stock options.

Even though offshore investors still have to follow the rules of their IRAs or other accounts in order to maintain their tax eligibility, working with foreign custodians and brokerage services allows them more flexibility solely by virtue of putting their portfolios into contact with a more diverse market. For the countless individuals who seek nothing more than to create portfolios that will stand the test of time and fluctuating U.S. markets, investing offshore is the ideal way to protect their assets.

Caye Bank

Caye International Bank Limited (CIBL) was granted an Unrestricted "A" Class International Banking License on September 29th, 2003 by the Central Bank of Belize and is regulated by the Central Bank of Belize which set the standards for liquidity and capital adequacy.

Come le aziende trovano la giusta banca internazionale per le imprese

Per trovare la giusta banca internazionale per aziende, le imprese devono considerare le spese generali e bancarie, i tipi di servizi bancari disponibili, le leggi fiscali locali e le valute preferite per i loro conti.

Handwritten Cash Flow pie chart on a blackboard

Why is Corporate International Banking so Popular?

Corporate international banking is popular because of potentially lower taxes, greater security, the opportunity to bank in multiple currencies, offshore lines of credit and lower banking fees.

Making the Most of Your Offshore Bank Online Connection

In days gone by, the options for managing offshore banking accounts was somewhat limited. The process typically involved communicating with an agent by means of an international telephone call or sending a telegram. There was also the option of making a special trip to the nation in which the bank was based managing the transactions in person, often with the agent in tow. While all those options are still available, the advent of the Internet has made it possible to connect with your offshore bank online and manage the accounts in a real time fashion. Depending on the features offered by the bank’s online interface, the experience can be very similar to managing domestic accounts online.

Opening a Business Banking Account in Belize

Having a business banking account in Belize can offer a number of advantages. Most people create offshore corporate accounts to take advantage of tax exemptions and high level of confidentiality. An IBC (International Business Company) refers to a private company that is not subject to taxes in its home country, is exempt from onerous reporting requirements and has several features in place to protect the privacy of its owners. The Belize International Business Companies Act of 1990 (amended and extended in 2000) regulates IBCs in Belize.