Offshore Investing Tips: The Top 14 Reasons to Invest in Belize

Belize is much more than just a great place for retirement. It is a smart decision to open investment and banking accounts in Belize long before you reach that stage of your life. You can start investing early to build a financial cushion and make sure your years of retirement are enjoyable.

Why Belize is better than other offshore destinations? These 14 factors will help you to make a decision.

1. The Economic Stability

Belize's overall stability helps ensure the country is economically strong. It's difficult to find a better environment for investing because of its independence from the British Commonwealth, democratic style of government and stable political culture.

Investors who want to make a profit for their business and themselves can benefit from a stable economy. The odds of generating returns here can be higher than in other places.

2. Language is not a problem

English is Belize's official language. This makes it easy to communicate with financial professionals on many levels. You can also look at the details of an investment opportunity to get a better understanding.

It won't take long to get the answers you need from financial professionals and brokers. It will be easier for you to express your desires regarding the type of investments that you wish to add to your portfolio. Overall, the process will be just as easy in your country of origin and maybe even easier.

3. Non-Residents Have Property Rights

Belize is one of the few countries that offers the same range of property rights to nonresidents as other countries. This is good news for investors in rental properties, private residences that you will eventually use, and property and buildings to run a business.

These rights are available even before you establish a physical presence on the property. Even if you don't plan to retire for many years, current laws will protect your rights. It is easy to follow the laws. You will find it easier to make the move from Belize.

4. A stable currency

The currency in Belize currently is tied to the U.S. dollar at a ratio two Belize Dollars per one U.S. dollars. This helps to keep it stable in Belize and within the wider financial community. This is good news for many reasons.

You can get more out of your investment with the current structure. This is true regardless of whether you are buying property, setting up a business or Investing in Belize stocks, bonds, and other investments. This one factor may actually make it easier to get higher returns on international investments than any other type of investment.

5. Booming Real Estate Market

The market for Belize real estate continues to improve every year. This makes it a smart move to purchase property as an investment. This is the best time to get into the market, while there is still plenty of demand.

This is what it means if you decide to purchase rental properties in specific areas of the country. This means that your rental properties won't be vacant for long. You could build a cushion to ensure you can live comfortably if you plan to buy those properties to generate income during retirement.

6. Favorable Investment and Banking Laws

Investors from overseas will find Belize attractive because of its location. To encourage foreigners to participate in the economy, laws concerning opening local bank accounts and investing in local stocks or bonds were created. The returns you receive may be immediate depending on the type of investment that you make.

There are many areas you can invest in, such as agriculture, tourism and real estate. The right investments can bring you significant returns from the very beginning. You'll likely create income streams that will keep you sane for many years.

7. Export Processing Zones: The Benefits

The Export Processing Zones (EPZ), are useful if you have a business that exports products to other countries. Understanding how they work will allow you to structure your market presence while still providing goods for those who reside in the country.

EPZs are a way to limit the tax rates that are applicable to import and export of goods. Locating the manufacturing facilities and preparing those goods for shipment will give you favorable exemptions. Tax breaks can save you a lot of money and help increase your net profit.

8. Tourism that thrives

The number of tourists visiting Belize each year is on the rise. If you're looking to invest in any business that is connected with this influx of tourists, it's a good thing. You can make a good return by investing in the tourism industry, from restaurants to tour guides to hospitality.

Imagine what you could do with a bed and breakfast in an idyllic location such as Ambergris Caye. You're likely to have paying guests throughout the year. This can be a great way to make a living while avoiding the stress of retirement.

9. Absence of capital gains and estate taxes

Any reduction in tax obligations is a good thing. You don't have to pay estate and capital gains taxes if you invest in Belize. These exemptions are available as long as you meet all the requirements.

An expert at a local bank will help you to understand how to apply and get this type of status. It is smart to do this before you start a business or make other investments.

10. Low Tax Rate on Real Estate Rental Income

You will enjoy a lower rate of tax if you buy real estate for the purpose of renting it out. This will allow you to keep your overall expenses low and to allocate more of your income for maintaining the property's top condition.

Like other tax benefits, ensure you adhere to all applicable governmental regulations. A real estate lawyer will help you ensure that you are eligible and have all the necessary documentation.

11. Excellent Asset Protection

Belize provides excellent protection for offshore investments. All funds in these investments are protected against being taken by outside entities. This includes both the revenue agencies and the courts at home.

No investments in Belize can be affected even if you lose your assets due to legal problems. This gives you the chance to recuperate from what happened back home and still have a solid financial foundation.

12. North Americans have convenient time zones

Even after moving to Belize, you will likely fly home from time-to-time. These trips might be business-related rather than personal. It's simple to adjust because the Belize time zone aligns with those in Canada and the United States.

It is also very reasonable how much time you spend traveling. It takes only a few hours to fly to the major cities on the U.S. Gulf Coast. You could connect to other cities in the country from there to complete your journey the same day.

13. Broad range of investment options

What kind of investments are you interested in? There are many options available to you, including stocks, bonds and real estate. You can even trade currency. This allows you to build a portfolio with options that are not possible at home.

You should choose investments with low volatility. There are also options to include investments that have higher returns but carry greater risk. You can enjoy returns even if some investments experience periods of flattening or temporary loss of value. The right mix will enable you to reap the benefits.

14. Affordable Living

Belize's low cost of living is not to be overlooked. You may be surprised at the amount of money you can spend on everything from housing to utilities to food.

This makes it easier to invest more and increase your financial wealth. You won't have to worry about food or shelter if you add a little bit each month to your investments.