Posts Tagged ‘Belize banks’

What to Look For in a Belize Bank

Summary: To find the ultimate Belize bank, look for a financial institution with exceptional customer service, online banking services, an ethical code, the financial services you need most and compatible financial prerequisites.

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5 Things You Should Know About Banking in Belize

Many people are surprised to learn that banks in Belize can help you reduce your taxes, save you money, offer English speaking staff, handle individuals of all types of net worth and even provide online assistance.

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A Retiree’s Guide to Banking in Belize

Retirees who want to bank in an offshore destination have a number of choices, but one of the top picks time and again is Belize. From a stability standpoint, the local currency of Belize is tied to the American dollar, making it a smart option. In addition, banking fees and overhead costs are low, helping retirees to retain as much of their total holdings as possible. Since Belize is close to the United States, many retirees even choose to live there and enjoy the low property prices. Finally, there is no capital gains tax in Belize for any foreign investors or retirees. 

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Should I Use Multiple International Banks?

For many offshore investors, one international bank is enough. This is especially true when the investor chooses to concentrate most of his or her efforts in a single nation. However, this approach is not the best strategy for other investors. Depending on the scope of investments that you choose to include in your portfolio, considering the use of several international banks could make a lot of sense.

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Investing Offshore in the Short Term

There is more than one way to structure your offshore investing strategy. For many investors, the idea is to get in on the ground floor of an opportunity that is anticipated to grow and provide a steady flow of returns and dividends over the long term. While there is nothing wrong with this approach, you can also devote a little time to focusing on opportunities that promise quick and easy returns in a short period of time. In fact, investments of this type can provide the seed money you need to cover the costs of investing in assets that you plan on holding for a number of years.

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Managing Offshore Bank Accounts

After conducting due diligence and establishing offshore bank accounts with an institution that offers everything you need to take care of your international investing activity, the next step is to make sure you are getting the most benefit from the features that come with those accounts. Your choice of a certain bank in a specific nation may be inspired, but it is of little consequence if you don’t use the services and features to best effect. To give you some ideas on how to go about making the most of those account features, here are some suggestions.

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