Banking in Belize is a very different experience than what we’re used to in the United States. In the U.S., I can go into a bank and come out with a bank account in less than an hour. It’s not like that in Belize. If you want to invest in Belize or buy property, you’ll want a bank account, and here’s why… Let’s talk about banking in Belize. Since 1976, Belize has maintained a fixed exchange rate of BZ $2.00 to the U.S. $1.00. The Central Bank of Belize regulates the banking, and it does not provide financials online. However,…
#buyinginbelize
Our last COVID-19 Update was on July 16, 2020 and Belize had 37 cases with 2 deaths due to the coronavirus. The Philip Goldson International Airport was to open August 15, 2020. The excitement was growing as the airport was opening and things seemed to be getting back to the “new normal” then the perfect storm happened. We had a few positive cases of the coronavirus. The cases were on repatriated flights back into Belize and those persons would go right into a 14-day quarantine. They were tested and if they were positive, then they were quarantined longer. People began…