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,…
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I hope everyone had a wonderful New Years Day. It seems 2021 is picking up where 2020 left off. I try to look for the positive in everything and in 2020, I was able to get grounded, focused, and worked to get organized. I’m on my way with a great team in place to help. The start of 2021 has been a bit emotional. Toward the end of 2020, I lost my dog, Fetch. He was the best dog I have ever owned. I rescued him when I first moved to Belize in February of 2010. He always was happy…
You may have read or heard me speak about the reasons buying property in Belize is a good choice compared to other countries. One of those reasons is for PRIVACY PROTECTION. Certain countries are litigious. Certain professions are more litigious than others, which has people considering buying property worldwide using ENTITIES. There are tax benefits for owning property in an entity. A lawyer or a tax advisor would guide you in understanding the benefits and how it would impact your situation. If you would like a recommendation for a lawyer or tax advisor, contact us, and we’ll send you who…
Teaching and educating others about Belize is something I really enjoy doing. That is why I belong to a mentor group … to learn how better to help my RE/MAX and passive investor clients. Together, we go over “the clues in the news “ and dissect it to generate real-world actions we can take to help navigate this stormy ride called life. We also do quarterly meetups and weekly calls. I just returned for my first in-person meet up since the Create Your Future™ Goals Setting Retreat, which we do every year in January. Virtual meetings are okay, but it…
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…