Escaping America Expat Expatriate Forum
Home Why Live Abroad? Finding Love Abroad Real Estate Working Abroad Expat Forum Events
Escaping America
Books To Inspire & Inform
Forum Topics
Your Best Choices
Belize

Belize International
Banking Act 1996

International banking laws were first introduced in Belize with the passing of the Offshore Banking Act, 1996. In October 2002, the Offshore Banking (Amendments) Act 2002 was enacted. Among other things, the name of the Offshore Banking Act and the term “offshore banks” were changed to International Banking Act (IBA) and international banks, respectively.

The IBA establishes two categories of international banking licence in Belize: an “A” Class – Unrestricted licence and a “B” Class – Restricted licence. Both “A” Class and “B” Class licences require the holder to establish, maintain and operate a business office (physical presence) in Belize. The holder of an “A” Class licence is permitted to transact international banking business through its business office in Belize without restrictions on that business. The holder of a “B” Class licence is limited to transacting only such international banking business as is specified in its licence.

The major local banks offer a full range of international banking services including foreign currency savings and checking accounts earning tax-free interest and operated for the purpose of exchange control on a non-resident basis. Such accounts are offered to IBCs, individuals and trustees. Credit card services are also available.


For more information about Belize and Belize Real Estate, please contact:

Caribbean Property Consultants
P.O. Box 149 Dangriga Stann Creek, Belize, Central America

In North America 1-250-592-1277
North American calls to Belize Office 011-501-672-9000
Europe 00-501-672-9000
Patrick Doyle 011-501-670-9933
Lea Snyder 011-501-669-9000
Dan Dunbar 011-501-671-9500
Michael Young 011-501-666-7000
Frank Gagliano 011-501-628-1250
Danie Oosthuizen 011-501-666-0426
* 011 is required for all international calls from North America - From Europe use 00 - Belize's Area Code is 501
Email: to send email, please use: info (then the @ symbol) belizeproperty.com

 

OUR BEST KEPT SECRET
Members Review
The Oct. 2018 Peru Tour
2019 Peru Tour 3/07 - 3/16
More FREE Videos


2018 Seminar Schedule

Orlando, FL Nov. 10th, 2018
Fort. Lauderdale, FL Nov. 11th, 2018
San Jose, CA Nov. 17th, 2018

View Full 2018 Seminar Schedule
(602) 553-8178 Ext. 204
RSVP ONLY


belize real estate beach front property

cartagena dental specialists

sunbelt asia




OUR BEST KEPT SECRET
Members Review
The Oct. 2018 Peru Tour
2019 Peru Tour 3/07 - 3/16
More FREE Videos


2018 Seminar Schedule

Orlando, FL Nov. 10th, 2018
Fort. Lauderdale, FL Nov. 11th, 2018
San Jose, CA Nov. 17th, 2018

View Full 2018 Seminar Schedule
(602) 553-8178 Ext. 204
RSVP ONLY


Why Live Abroad?  |  Living Abroad  |  Finding Love Abroad  |  Real Estate  |  Working Abroad  |  Events & Conferences  |  Expat Forum