Everyone loves Belize, now we do too, perhaps now more than some, for lots of reasons!
Geography, Population, Languages
History, Political Structure and LawBelize became a British Crown Colony in 1871 and achieved complete self-rule in 1981. Since that time it has enjoyed stable and democratic Government. Now Belize is an independent democratic Commonwealth country. Government policy is set by the Cabinet, under the leadership of the Prime Minister. The Cabinet is made up of the Prime Minister and Ministers appointed by him from an elected 29-member House of Representatives, and the 12-member Senate. Belize is also a member of the United Nations and the Non-Aligned Movement. There are two main political parties, both of which encourage the economic development of the country and overseas investment.
The type of law is Common Law, based on English Common Law. Legislation is modelled on the earlier British Virgin Islands legislation.
Economy and InfrastructureBelize’s main income is from tourism. There are forest reserves, wildlife sanctuaries, marine resort areas, the world’s only jaguar reserve, as well as Mayan archaeological sites that are a magnet for tourists from all over the world. The major exports are sugar cane, bananas, fruit juices, canned fish, garments and timber and wood products. The offshore finance industry is generating an increasing proportion of national income. The currency used is the Belize Dollar (BZ$). Offshore activities are exempted from exchange control.
The second through fourth sections were copied and pasted from a publication of Company Express, a legal firm in London, called Jurisdiction of the Month: Belize. They go on to discuss Belize IBCs and offshore incorporation in Belize based on the 1990 law. Our enchantment is with what we learned we could accomplish in Belize that can help humanity and the environment through philanthropy, charity, and prosperity making it a foundation state. Belize has a new law from 2010 for the establishment of International Foundations and International Charitable Foundations.
Establishing an International Foundation in Belize
|International Foundation Act
Who can Establish a Foundation?
All international investment should be in currency (as stated in Belize Law, US Dollars) foundations may not source their funds from Belizeans or predominantly from any of its immediate neighbor states. The value of an endowment is generally accepted as being $100,000 USD, but in Belize the minimum founder's endowment can be as low as $10,000 USD to establish a foundation.
Find me here in Belize! If you need help or want to join in the founding of a collective foundation perhaps a rainforest, ecovillage, or a tourist resort, here I am at the center of all the activity and your author, Ambassador Col. David Wright, Globcal International Commissioner and Goodwill Ambassador. Get involved now with Globcal International in time for the founding of the Goodwill Ambassadors Foundation here in Belize, your involvement will earn you special privileges here in Belize and elsewhere in the world. Learn more by contacting me for details email@example.com .