BELIZE: THE PERSONABLE APPROACH TO DOING BUSINESS ABROAD
In times of uncertainty, investing abroad is an effective way to protect your personal portfolio. The tropical paradise of Belize is one investment location that is well worth taking into consideration. Here, Luigi Wewege, Senior Vice President and Head of Private Banking of Caye International Bank, sets out what the country has to offer.
Q We’ve seen a lot of instability in the world economic situation in recent times. How would you describe the current local economic climate and prospects for the future in Belize?
A With agriculture and tourism, the key elements of Belize’s economy, the country has a core strength to help it bounce back from global economic instability. The land, the ocean and the reef are sustainable natural resources that will help with its recovery.
Q For someone who is thinking of starting a new business or relocating an existing one, what advantages would you say that Belize offers as a business location?
A Belize offers major tax advantages for foreign investors. In fact, since the International Business Companies
