Your plan is to retire to Belize eventually. That’s one reason you set up term deposits and other accounts with a Belizean bank. Once you’re retired and ready to make the move, it pays to know how to make the most of your retirement income. The fact is, there are many […]
Se ha manifestado una clara evidencia de cambios radicales en los mercados financieros, en gran parte atribuidos a la actual pandemia del coronavirus. Luigi Wewege, prestigioso autor y jefe de banca privada en uno de los bancos más importantes de Belice, habló con […]
I often get asked questions about banking in Belize, the currency, and how the system works. I turned to Luigi Wewege the Senior VP and Head of Private Banking at Caye International Bank (the only international bank on Ambergris Caye). Check out the video interview […]
A well-known figure in private offshore banking shares his views with us on the potential impact of COVID-19 on the global banking system as well as current investor sentiment. Luigi Wewege, Senior Vice President and Head of Private Banking at Caye International Bank in Belize […]
Offshore banking remains an effective way to build personal wealth. While you don’t want to neglect your domestic accounts, adding international accounts to your overall financial planning broadens and diversifies your interest. The key is to determine where those offshore […]
La banca internacional a veces es percibida como una herramienta financiera que solamente es apta para corporaciones e individuos con alto patrimonio. El hecho es que hay instituciones bancariasoffshore que están dispuestas a ofrecer cuentas a […]
If you have checking, demand deposit, or investment accounts based with an offshore financial institution, there’s a good chance that you will need to file what’s known as a Foreign Bank Account Report. Popularly referred to as an FBAR, this report is typically […]
After visiting Belize, you’ve decided that you would like to make it your new home. Since you’re not quite ready to retire yet, that means you’ll need to obtain permission to work as well as live in the country. How will you go about getting everything in order?
Creating a viable financial plan involves more than coming up with a set of goals and opening a couple of accounts at the local bank or brokerage. In order to leverage your assets and help them grow over time, it makes sense to diversify your portfolio […]
If you like the idea of spending a week or two in Belize this year, it pays to learn a little about what to expect. Many visitors fall in love with the nation and look forward to coming back again. Some may even choose to make Belize their homes once they retire.
Today I had the pleasure of sitting down with Luigi Wewege from Caye International Bank to discuss banking in Belize and answer peoples TOP 5 QUESTIONS about banking in Belize. Based in Ambergris Caye in the town of San Pedro, Caye is the only private bank on the island.
Offshore bank accounts are one of the most powerful financial tools that you could employ. Far from being a resource that is only open to those who are considered upper class or wealthy, there are institutions that happily work with middle-class individuals as well to […]
La cuestión ya no consiste en si usted quiere crear o no una corporación de negocios internacionales (tipo de empresa conocida por sus siglas en inglés, IBC). Actualmente, el foco se encuentra en dónde usted desea constituir su empresa. Con tanta cantidad de […]
Cuando se menciona la idea de realizar operaciones bancarias en una jurisdicción offshore, no es inusual obtener una docena de opiniones diferentes sobre cuál es el mejor paraíso fiscal o en qué jurisdicciones los bancos están ansiosos de obtener inversores extranjeros.
The number of high-net-worth individuals (HNWI’s) around the world are on the rise and these people are more scattered around the world than ever before: they are no longer concentrated solely around the United States and Europe. Given these trends, we […]
Several benefits come with having an offshore bank account. One is the protection of a person’s assets against litigation by individuals or the government in the country of residence. The other is access to investment opportunities not available through local banks or […]
Depositors have been shifting their funds away from Hong Kong because of economic and political problems that started in 2019. Primarily Belize but also Dubai, Cyprus, Singapore, and The Cayman Islands are seeing a surge in new customers as money is shifted […]
In view of the fact that global wealth is growing and that more people besides just high net worth individuals are looking offshore for their banking needs, we managed to have an interview with Luigi Wewege. He is the SVP and Head of Private Banking at Caye Bank […]
People who are thinking about opening offshore bank accounts need a country that offers them wealth and asset-protection in order to minimize taxes, grow wealth and save assets for future generations. They need to know what their offshore banking options are and […]
2020 is an opportunity for you to make some real progress with your finances. Whatever goals that you have in mind, including adding offshore bank accounts to the mix, is a great idea. This is true regardless of your age or if you’re a middle-income earner. Now is a great time to […]
