Belize International Trust

Belize established a modern Trust Act in 1992 generally regarded as incorporating the best features of similar laws prevailing in other major offshore jurisdictions such as Cayman, Panama and Bermuda. With the benefit of hindsight, this Trust Act represents the ultimate refinement of this type of legislation and is thus regarded as one of the most advanced instruments of its kind in the world. Benefits of a trust include: Shield from creditors and other litigants. Wealth enhancement by creating trade advantages through the avoidance of capital gains and income taxes. Preservation of wealth by ensuring that heirs are well provided and facilitating the continuity of business activities, and the avoidance of probate, estate taxes and forced heirship provisions.
Key Features

Belize International Trust	Corporate Details
General
Type of entity	International Trust
Type of law	Follow English law/As per Trust Deed
Legal Framework	Belize Trusts Act 2000
Our time to establish a Trust	2 weeks
Taxation of trust assets	None
Double Taxation Treaty access	No
Change of Domicile permitted	Yes
Duration	120 years (except: charitable international trust or a purpose international trust)
Restriction on Investment of Trust asset	No
Succession	As per Trust Deed
Settlor
Requirements	Should not be a resident of Belize
Qualifications	A trustee, a beneficiary or a protector of the trust.
Beneficiary
Requirements	Should not be a resident of Belize
Qualifications	A trustee, a beneficiary or a protector of the trust.
Property	Should not include immovable property situated in Belize
Jurisdiction	Belize Supreme Court
Forced heirship applicable	No
Trust asset
Restriction on type/amount	No, except property situated Belize
Trustee
Minimum number	1 if corporate and 2 or more if not corporate
Qualification	No domestic trustee is required
Accounts
Requirement to file	Yes
Publicly accessible	No

Advantages

1. Strong Asset Protection
2. Privacy/Confidentiality
3. Flexibility
4. Can be part of business company structure
5. Investment and Real Estate ownership and administration
6. Efficient Tax Planning,
7. Charitable purposes, and
8. Substitution of Wills and Testaments

The Valsen Advantage

• Speedy, Efficient and consistent Services.
• Relentless effort to obtain bank accounts.
• Expert advice on structuring options.
• Dedicated ongoing compliance support.