Discover Some of the Benefits Private Offshore Banking

Offshore BankingOf the many benefits offered by offshore accounts, one stands out above the rest. Offshore bank accounts in Belize guarantee greater financial privacy than domestic banks. International investors of any net worth can open an offshore account in Belize and enjoy the best in private asset protection. Accounts are affordable and guard assets against erroneous litigation, legal activity by creditors, and divorce. Investors looking to maintain their privacy need to look no further than an international account in Belize.

How International Offshore Accounts Protect Privacy

International offshore bank accounts offer asset protection that is not permitted under United States law. Offshore investment countries such as Belize finance their economies through funds acquired by international investors from all over the world. Because international investors are vital to the economy, Belize protects those who invest in their government.

In the United States, it is required by law to publicly publish the names of investors as well as their assets. When a person dies, their will becomes a matter of public record. Laws are created to protect creditors so that they may be able to access a debtor’s records at any given time and retrieve any assets due to them. This is not the case in the country of Belize.

The country of Belize enacts strict regulations that protect the identity of investors and their financial transactions. Under Belizean law, the identity of bankers, investors, and owners of corporations is not made public information. Unless the international bank is presented with a court order demanding the release of the investor’s identity for investigation, the bank will never make a customer’s name or information public.

Benefits of Private Offshore Banking

Private offshore banking provides a multitude of benefits to those investing in Belize. With the level of confidentiality enforced by foreign governments, investors enjoy protection from would-be litigants. From creditors seeking to get wealthy through lawsuits to fraudulent relatives trying to stake claims in inheritances they are not entitled to, privacy provisions set by Belize safeguard an investor’s wealth.

Unlike domestic banks, offshore investors enjoy anonymity in personal banking that is protected by the Belizean government. From personal bank accounts, offshore corporations, irrevocable trusts, to hedge funds, Belize offers a wide array of financial services with built in privacy protection.

In addition to asset protection through privacy regulation, offshore banking in Belize offers many other benefits for asset protection. Investors can enjoy tax savings, flexibility in corporate business, offshore mortgages, hedge funds, and irrevocable trusts. Because foreign governments depend on the investments of worldwide investors, they accommodate investors of all levels.

Bank Offshore with Caye International Bank of Belize

Caye International Bank is an Class “A” International Bank that builds lucrative financial portfolios for investors all over the world. Whether you are looking to build wealth or protect your assets, they have a program to help you achieve your financial goals. They can assist you whether you are high net worth individual or wish to become one. As a member of the British Commonwealth, English is their first language.

Email them or call the bank at 011-501-226-2388 today to speak with an offshore banking expert.

About this author

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.