Opening an offshore account is easy nowadays, and many people take advantage of the opportunity to protect their assets, diversify risks, and have a Plan B account in case something happens to their home bank or their main account is suddenly frozen.

Belize is a Central American island that offers really good banking with high-quality service, an impressive range of products, and reasonable fees. And if you have never set up an account in a foreign country, the International Wealth portal can help you!

International Wealth is a group of professionals that provides services to individuals and legal entities.  The International Wealth team gives advice, assists in account/company setup, recommends investment strategies, and so on.

International Wealth’s team of professionals has a lot of up-to-date articles written by practical specialists, and they invite you to read more about offshore banks, especially, Belize bank account options and look at what they have to offer.

At the International Wealth portal, you can book a session with experts to discuss your questions.

International Wealth provides some services for free. It is not so easy to choose a suitable bank (and sometimes a jurisdiction) to set up an account that would satisfy all your needs. Experts will help you make the right choice at no fee.

International Wealth also provides paid services, like full support in account creation: you only collect the documents using their recommendations, and International Wealth does the rest on a turnkey basis.

Why Belize?

International Wealth recommends Belize to their customers as it is really second to none in some respects.

Belize has a legal framework that protects both depositors and the banks themselves from failure. For example, the country’s banking institutions are required to keep their liquidity ratio at the minimum level of 24% (for comparison, the United States demands 5%).

It is good news for banking safety, fixed-term deposit accounts, and mortgages that you may decide to register.

Minimum deposit requirements are quite reasonable. Contrary to popular myths, offshore banking is not restricted to wealthy individuals: in Belize, you will be able to open an account even if you have a few hundred dollars.

This is great for middle-class people who want to open an offshore account and replenish it little by little to accumulate a substantial amount and receive tangible interest.

Easy to establish and easy to manage – this is about accounts in Belize banks.

If you are used to European banking, you will be relieved to find out that Belize will require only the basics: several documents and just enough time to carry out simple checks to comply with international laws.

They will not even wait for paper documents to arrive in most cases!

As soon as your account has been opened, you will have access to secure online/mobile apps where you will monitor and move your funds in a few clicks. Pay your mortgage, invest, and top up your account without leaving the comfort of your home!

Enhanced confidentiality. The only person to have access to your banking information will be a bank employee who has some technical duties to perform. No one will be able to get confirmation that you have (or don’t have) an account with the bank.

The only exception is a serious request from law enforcement authorities connected with criminal proceedings.

Competitive interest rates. One of the reasons why people prefer offshore accounts to domestic ones is higher interest rates. This is crucial, for example, if you want to establish a retirement account and gradually accumulate more money on it to enjoy later on in your life.

However, if you decide to use a Belize account for mortgage purposes, the rates will be just as beneficial!

Economic and political stability. Money loves silence, and you will find plenty of peaceful and relaxed silence in Belize even in the political and economic spheres: There are no issues that would raise our concerns, and the forthcoming years look quite promising.

The country has proven its resilience even in the face of crises, so your money will be in safe hands.

Varied investment opportunities. An offshore account in Belize is an excellent opportunity to broaden your investment ambitions beyond your home country. There is plenty of real estate abroad to benefit from, as well as all kinds of securities and foreign exchange market offers.

No language barriers for English speakers. Belize is a former British colony, which explains why English is one of the official languages here (Spanish is also spoken). You will have no trouble finding an English-speaking bank employee to talk to.

And you will not need to translate your documents if they are in English!

Asset protection. Belize is a real stronghold in this respect thanks to its peculiar legal framework. The matter is that its courts do not recognize the decisions of foreign courts: a case should be won locally to have any effect.

It means that if the bank receives a foreign order to arrest your account or seize your funds, it will simply not be done. As a result, your funds will be safe in 99.99% of cases even if a creditor wins a lawsuit against you in another country!

This is a feature that many investors appreciate and one of the reasons why Belize banking is so popular. Do not miss an opportunity to keep your money in a stronghold if you are seriously looking for an offshore banking opportunity.

Services in a Nutshell

The most popular services used by individuals are a VISA prepaid debit card, a savings account, a demand deposit account, and a fixed-term deposit account. Please follow this link to find more details about these products and the applicable fees and rates.

Money is the lifeblood of business and, on a larger scale, of life. And this is a good reason to keep it in order!

Book a session with experts to get recommendations and explanations, order services to get your account in a wink without much effort on your part, or simply make a well-informed decision. Make your first step right now.