Barrow & Barrow Investment

14/04/2015

Belize is paradise! The water is blue, the sand is white, the people are beautiful and the economy is one of the fastest growing in the caribbean and central america. "Belize's San Pedro is the #1 island in the world" according to trip advisor. The fastest growing caribbean tourist destination according to CTO. Visit Belize now!

The actor is known for his philanthropic efforts as an environmental activist.

24/03/2015

A WEALTH OF EXPERIENCE

Choice Bank Limited is an international bank chartered in Belize, offering financial solutions for companies and associations, as well as high net worth individual clients. Experienced staff, state of the art banking technology, and strategic partners allow us to deliver professional, trustworthy service.

Choice Bank Limited consists of 2 separate business units, Choice Capital Private Banking and Choice Bank Card Services.

Key Services

Choice Bank’s core expertise as “Your International Payment Partner” allows us to meet all your payment requirements whether through traditional corporate accounts or card services (Prepaid MasterCard). Dealing with more than 3,000 corporate accounts worldwide and with more than 300,000 prepaid cards in circulation we have the proven track record of success you need in order to trust us with your critical payment requirements.

Our Philosophy – A Wealth of Choice

For us to be able to perform at the highest level of financial services, we need to be ever vigilant. We must constantly be alert to the ongoing needs of our clients and the ever changing landscape of the financial world. To ensure that we bring you unparalleled products and services that perfectly match your needs, we make the commitment to maintain the highest standards.

Why Belize?

Belize is located on the east coast of Central America in the Western Caribbean, just below Mexico’s Yucatan Peninsula and east of Guatemala. Long a British colony and a member of the Commonwealth, Belize gained full independence in 1981.

The Belize government is committed to developing Belize as a leading centre for financial services, implementing policies receptive to the development of e-commerce and international banking. According to the International Monetary Fund, “Tax exemption, low registration costs, and a flexible trust law that facilitates asset protection trusts are among the advantages Belize offers as an offshore financial center.”

Governance and Compliance

Choice Bank is chartered under the International Banking Act of 1996, which allows international business with non-resident personal and corporate clientele. The Bank may also deal with resident companies operating in the Export Processing and Commercial Free Zones.

Choice Bank accounts are not subject to local taxes or exchange restrictions and funds in foreign currencies are transferred freely with no conversion to Belize dollars required.

The Central Bank of Belize monitors and regulates Choice Bank’s business. Strict adherence to capital adequacy and liquidity levels are required, ensuring compliance with internationally accepted best practices in global banking.

24/03/2015

Belize, as a result of its 2000 trust law, now present the most modern and flexible trust legislation in the world as the following review will illustrate:

The Trust
Under the Act, trusts may be created either by oral declaration or by written instrument without any formalities or technical expressions. Unit trusts must be in writing and trusts relating to land in Belize cannot be enforced unless they are in writing.

The trust may state the proper law; if silent, then the law with which the trust has its closest connection at the time of creation shall be the proper law. If the law intended by the settlor or the law with which the trust has its closest connection does not provide for the types of trusts involved, then the law of Belize shall be the proper law.

Draftsmen may draw trusts with severability, and severable aspects of the trust may be governed by laws of different jurisdictions. The trust may also provide that the proper law or the law governing severable aspects of the trust may be changed from one jurisdiction to another.
Importantly, where the proper law or the law governing a severable aspect of the trust is changed to the law of Belize, the law of the old jurisdiction cannot operate to make void or invalidate the trust or the functions of the trustee. The converse also holds true. When the trust leaves Belize, the law does not apply to the trust so as to impair it nor invalidate the functions of the trustee.