Escape Artist
  • Features
    • Interviews
    • News
    • Field Notes
    • Trending
  • Your Escape Plan
    • Finance
    • Real Estate
    • Second Citizenship
    • Events
    • Shop
  • Destinations
    • Europe
      • France
      • Germany
      • Italy
      • Portugal
      • Scandinavia
      • Spain
      • United Kingdom
      • Rest of Europe
    • Central America
      • Belize
      • Costa Rica
      • El Salvador
      • Guatemala
      • Honduras
      • Nicaragua
      • Panama
    • Others
      • Africa
      • Asia
      • Australia
      • North America
      • South America
  • Travel Tips
    • Know Before You Go
    • Packing List
    • Food + Culture
    • Health + Wellness
  • Subscribe
Escape Artist
  • Features
    • Interviews
    • News
    • Field Notes
    • Trending
  • Your Escape Plan
    • Finance
    • Real Estate
    • Second Citizenship
    • Events
    • Shop
  • Destinations
    • Europe
      • France
      • Germany
      • Italy
      • Portugal
      • Scandinavia
      • Spain
      • United Kingdom
      • Rest of Europe
    • Central America
      • Belize
      • Costa Rica
      • El Salvador
      • Guatemala
      • Honduras
      • Nicaragua
      • Panama
    • Others
      • Africa
      • Asia
      • Australia
      • North America
      • South America
  • Travel Tips
    • Know Before You Go
    • Packing List
    • Food + Culture
    • Health + Wellness
  • Subscribe
👤

THE NUMBER ONE SOURCE FOR EXPATS, DIGITAL NOMADS, AND DREAMERS.

This field is for validation purposes and should be left unchanged.
  • Finance

Canadians Increasingly Investing Offshore

  • BY Sean Connors
  • December 15, 2015
Total
0
Shares
0
0
0

Canadians Increasingly Investing Offshore

For Canadians, offshore investment banking is becoming more attractive every day.

Diversifying your portfolio by investing in Belize is the best way to invest in a foreign currency without leaving your current time zone. There are a number of avenues for investment into this small but attractive nation that lies just south of Mexico. Whether you want to open an IBC, establish an offshore trust, invest in hard assets such as real estate, or some other form of investment, Belize is highly accessible, and so are opportunities for these investments.

Belize is close to home for North Americans, and is a friendly, easily accessed, English-speaking country that is currently experiencing impressive economic growth and expansion into the surrounding region. 2015 was a record-setting year for tourism in Belize, where it is the fastest growing industry.

Much of the tourism increase in 2015 was due to the arrival of new regular flights from two major international airlines into the country. Airline representatives have made it clear they wish to continue this trend, and in fact one of the biggest obstacles preventing the immediate addition of more flights is the need for more hotel units.

The new demand for flights to this tropical paradise destination is driving construction and bringing hoteliers to the country, especially Ambergris Caye, the largest of Belize’s many coastal islands. The appeal of private ownership in these development projects draws an international crowd of investors

Diversifying into one or more foreign currencies is a great way to safeguard your portfolio and prepare for downturns in any one currency, even a traditionally strong one like the Canadian dollar. The Canada-U.S. exchange rate is returning to pre-global recession levels, which were at their lowest in several decades.

With some financial analysts declaring that another U.S. market downturn or even recession could begin as early as this year, and Canadian dollar values in flux due largely to the same instabilities that would cause U.S. volatility, more North Americans than ever before are expatriating, renouncing their citizenships, and investing in foreign currencies.

Offshore wealth management is nothing new; international banks have been established on the banking of foreign currencies for years. However, with current de-risking strategies being executed by the United States, many older banking jurisdictions will have hefty fines to be paid before the U.S. is said and done. After a 2013 federal budget program that allows informants to the Canada Revenue Agency to be rewarded when they indicate internationally held assets that the Agency missed, and with CAD exchange rates returning to old lows, more Canadians than ever are deciding it is time to go.

Belize is a relatively young country, having gained independence in 1981. With extremely strict bank secrecy laws and the highest liquidity rate in the world, Belize offers a number of opportunities for investment in a highly secure market. Real estate especially is a proven offshore investment, as it is a hard asset first off, but also because in jurisdictions such as Belize, property can be owned by a trust which does not bear the owner’s name, since the owner of the property is the trust itself.

Regardless, two of the biggest investment opportunities Canadians are taking advantage of are the buying of foreign currencies, and also of offshore real estate. With Belize offering both in one secure package and location just a few hours’ air travel from home, it is no wonder more airlines would like to include the destination in their service.

If the country of Belize interests you, you should consider reserving your stay on one of the best islands anywhere in the Caribbean, Ambergris Caye, which is becoming increasingly popular right now. Due diligence is key when investigating new countries for important life decisions such as purchasing property or making other investments. By travelling to the destination for yourself, you can discern so many things in greater, more rich detail than you can by studying online or other materials.

Belize is especially popular with Canadians, who represent a significant portion of the expatriate population here. Many are happy to be residing carefree in Belize and not stuck trapped in the cold north winter, watching their dollars dwindle.

I hope you got value from this article: Canadians Increasingly Investing Offshore. If you have any questions or would like to invest overseas, please contact our office HERE. I would like to share some great articles with you!

Nicaragua Passport – One Of The Best Spots For Financial Foreign Investments

Myth vs. Fact: Media Misconceptions About Offshore Investing

A Step-By-Step Guide For Buying Property In Mexico

16 Reasons Why Belize Is the Perfect Country to Move To

 

If you’re considering traveling or moving abroad, be sure to explore your healthcare options. Visit International Citizens Insurance to learn more and get a free quote.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Related Topics
  • Belize
  • Central America
  • cost of living
  • expats
  • International Real Estate
  • taxes
  • weather and climate
Previous Article
  • North America

Discover Pre-Hispanic Mexico in Mexico City

  • BY EA Editors
  • April 24, 2015
View Post
Next Article
  • Health + Wellness

Patients Turn to Medical Tourism for Relief from Bleeding Healthcare System

  • BY Blake Herrin
  • May 25, 2016
View Post
You May Also Like
The Tale of the Tael - A timeless store of value across centuries
View Post
  • Finance
The Tale of the Tael’s: A Hard Lesson about Hard Money
  • BY Michael Checkan
  • September 24, 2025
Craggy cliffs and quiet harbors frame life in the Isle of Man
View Post
  • Your Escape Plan
Life and Opportunity on the Isle of Man
  • BY Aneesa Marufu
  • September 19, 2025
Central America’s strategic position is reshaping the global offshore banking map
View Post
  • Plan B
The Future of Global Finance Runs Through Central America
  • BY Luigi Wewege
  • September 17, 2025
Global Diversification Tips from Experts
View Post
  • Plan B
Staying in One Country Could Be Your Biggest Financial Risk
  • BY Isha Sesay
  • September 3, 2025
Low-Tax Countries to Save Money in 2025
View Post
  • Plan B
Where Expats Are Moving to Keep More of Their Money
  • BY EA Editorial Staff
  • August 27, 2025
Belize Offshore Banking
View Post
  • Plan B
Why Belize’s Waters Run Deep in Offshore Banking
  • BY Luigi Wewege
  • August 20, 2025
International Banking Structures
View Post
  • Plan B
Tax-Friendly Banking Solutions for International Investors
  • BY EA Editorial Staff
  • August 13, 2025
View Post
  • Interviews
Meet the Legal Strategist Guiding Portugal’s New Wave of Expats
  • BY Isha Sesay
  • July 19, 2025
Trending Posts
  • 1
    • Mexico
    Top 10 Things to Know if You’re Moving to Mexico
    • September 26, 2025
  • The Tale of the Tael - A timeless store of value across centuries 2
    • Finance
    The Tale of the Tael’s: A Hard Lesson about Hard Money
    • September 24, 2025
  • Hungarian Citizenship by Descent Journey from Amercia 3
    • Second Citizenship
    Our Journey from America to Hungarian Citizenship
    • October 1, 2025
  • Abkhazia jewel of Soviet summer escapes 4
    • Field Notes
    Secrets of the Soviet Riviera
    • October 3, 2025
  • Summer in Lapland: Lapland’s wild landscapes glow under the endless Arctic sun 5
    • Field Notes
    Before the Snow Falls in Lapland
    • September 29, 2025
InterNations
Know Before You Go
  • Expat Child Syndrome 1
    • Wellness
    The Untold Story of Expat Kids
    • October 6, 2025
  • Abkhazia jewel of Soviet summer escapes 2
    • Field Notes
    Secrets of the Soviet Riviera
    • October 3, 2025
  • Hungarian Citizenship by Descent Journey from Amercia 3
    • Second Citizenship
    Our Journey from America to Hungarian Citizenship
    • October 1, 2025
  • Summer in Lapland: Lapland’s wild landscapes glow under the endless Arctic sun 4
    • Field Notes
    Before the Snow Falls in Lapland
    • September 29, 2025
  • 5
    • Mexico
    Top 10 Things to Know if You’re Moving to Mexico
    • September 26, 2025
Learn More
  • About us
  • Contact
  • Advertise
  • Subscribe
Why Subscribe

The newly imagined Escape Artist brings you fresh content with a global focus, and sharp, up-to-the-minute coverage of the joys, challenges, and opportunities of life abroad.

For a limited time, we’re offering a special discount on all subscription deals, so be sure to lock-in these incredible savings and start receiving top-notch travel and expat content today!

Sign up for the EA Newsletter

Get important news delivered directly to your inbox and stay connected!

This field is for validation purposes and should be left unchanged.
Escape Artist
  • Terms & Conditions
  • Privacy Policy
  • Cookies Policy
  • Disclaimer

Input your search keywords and press Enter.

Newsletter Subscription
Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/