Belize is a stable and peaceful democracy in the heart of Central America. It is well- regulated, yet user friendly jurisdiction offering a wide variety of international financial services. The Government of Belize is committed to sustain the growth and development of the international financial services sector.
The Constitution of Belize guarantees to all person certain fundamental rights, including the right to property. There is an independent judiciary to protect the rights of people, with the Caribbean Court of Justice at the head of the judicial hierarchy.
The International Financial Services Commission of Belize further protects investors by regularly issuing warning notices on its website against any unlicensed promotional activities in the internet involving Belize and the sanctioning of its licensees for contraventions and violations.
Indeed, Belize takes good care of its international financial services industry and is aiming to become a choice jurisdiction for offshore investment. Its investment opportunities are diverse having a regime for foundations, trusts, companies, partnerships among varied international financial services.
Recent developments in the international financial services sector have highlighted the importance of sound regulation in jurisdictions throughout the world. Belize is no exception. A well-regulated international financial services sector having a modern tax regime conducive to the offshore industry will continue to attract new business as Belize did in its formative years. The foreign exchange restrictions have be tweaked to maintain status quo in certain entities which has optimised usefulness to our offshore sector. I am confident that this growth will continue and that the IFSC will continue to provide quality services.