
The Rise of Belize as a Safe Haven for European and American Capital
In 2024, Belize experienced a notable increase in capital transfers from Europe, particularly from Germany, Italy, and France, as well as from the United States.
Market Insights with Caye International Bank

Dr. Luigi Wewege is the President of Caye International Bank, a Belize based, multi-award-winning institution recognized among the leading international banks within the Caribbean and Central America. Under his leadership, Caye has grown from the fifth largest to the largest international bank in Belize. Luigi also serves on several international advisory boards across asset protection, education, financial technology, media and wealth management.
A frequent international speaker and recognized thought leader, Wewege is an accomplished author whose publications include The Digital Banking Revolution, now in its third edition and “Disruptions and Digital Banking Trends” published in The Journal of Applied Finance & Banking. He also serves as an Instructor with the FinTech School, contributing to executive learning initiatives.
Luigi holds a Doctor of Philosophy (PhD) from the International School of Management in Paris, where his doctoral research focused on retail banking crises in Central America and the region’s future financial stability. He also holds an MBA in International Business from the MIB Trieste School of Management and a BSBA from the University of Missouri–St. Louis, where he graduated with a triple major in Finance, International Business, and Management.

In 2024, Belize experienced a notable increase in capital transfers from Europe, particularly from Germany, Italy, and France, as well as from the United States.

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