How to open an Offshore Bank account in Belize

May 16, 2014
by Belize Hub +

It seems that Belize is most popular for two reasons, one, the Great Blue Hole and two, Offshore Banking. At least that’s what I often get when I introduce myself to strangers in the US or Canada. Here’s how it usually goes: “Oh you’re from Belize, my friends have been there, the weather is lovely and the diving is superb – they spent a lot of time on the beach town of Ambergris and crossed the Blue Hole off their bucket list”, or “Oooh Belize, hmm, can you give me some information on how to get an offshore bank account there?”

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When I’m asked the latter, most people jokingly laugh concluding that only the mega rich do it and it is illegal.

Newsflash, it is not illegal and it can actually be very beneficial!