Belize__Offshore_Investing

Belize: Offshore Investing BELIZE: OFFSHORE INVESTING For ADVENTUROUS INVESTORS TABLE OF CONTENTS CONTENT PAGE EXECUTIVE SUMMARY 4 INTRODUCTION 5 LEGISLATION AND INVESTMENT INCENTIVES 6 Trusts and Asset Protection 6 Trusts and IBCs 7 Mutual Funds 7 Tax Haven 8 Privacy 9 Secrecy 9 Why “go offshore”' 10 How does offshore financing works' 10 CONCLUSION 11 REFERENCES 13 LIST OF ILLUSTRATIONS CONTENT PAGE ILLUSTRATION 1 Map of Belize……………………...……………….……………………………………15 ILLUSTRATION 2 Statistical Profile……...……….………..……………………………………………….16 ILLUSTRATION 3 Example of Trust Fees………………....…..……………………………………………18 ILLUSTRATION 4 Example of Incorporation Fees………….…...………………....…………………….…19 ILLUSTRATION 5 Offshore vs. Onshore Returns Table….…………..…………….…….......……………..21 EXECUTIVE SUMMARY The Belizean government is pursuing legislation to enhance its offshore financial status, Belize is one of the fastest growing offshore centers due to its favorable banking regulations, modern legislation and political stability. In fact, Belize had to re-think its former economic policy and concentrate on developing its ‘Offshore Services Sector’ to go hand in hand with tourism and its traditional agricultural and fisheries. In August 1996, an offshore banking act was added to the growing legal infrastructure for offshore services. At the same time, a money-laundering (prevention) act was passed to strengthen Belize’s offshore services sector. Today, the offshore world is the perfect environment for protecting hard-earned assets as well as doing business, banking and investing in a completely confidential market. INTRODUCTION Belize is centrally located in Central America and is an independent country within the Commonwealth bordered by Mexico, the Caribbean and Guatemala to the east offshore, 2001, belize, world, tax, trust, investment, capital, assets, wide, web, retrieved, december, illustration, foreign, fees, trusts, income, funds, fund, corporation, company, business, annual, account, taxes, shares, settler, money, corporate, share, return, real, rate