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,…
David Kafka
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…
As the year comes to a close, I think I speak for many people when I say goodbye 2020! We are all glad the elections are over in the US, and here in Belize. We wait to see what the new PUP government will do for the country. Although it was a strange year, to say the least, it was also a year full of blessings both personally and professionally. I would like to first say THANK YOU to my family, my team, my employees, my agents, and our wonderful clients that we are helping to sell or buy property…
If you don’t know me personally, you may be wondering why I’m sending you an email about gun safety. To share a bit of background, I love the outdoors. Living in Belize, it’s no surprise that I take advantage of every opportunity to enjoy the fresh air and beautiful sights doing activities like diving and fishing. And another outdoor hobby of mine is target shooting. Last week when I shared a little about my trip to Dallas, one thing I didn’t mention was that after our two-day training, my fellow fund managers and I set aside some time to network…