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In 1990, Belize passed an International
Business Companies Act and has since added and amended legislation to
maintain
a modern, safe and clean financial services industry. This sector has
matured
over the years and today has some of the most modern instruments for
asset
protection, investment banking, Trusts,
insurance and mutual funds. A professional Central Bank staff, a
Financial
Services Commission and a pro-active Government combine efficiency,
service secrecy and diligence. Location:
East Coast of Central
America, bounded on the North by Mexico, on the South and West by
Guatemala,
and on the East by the Caribbean Sea
Capital and Major City & Towns: (Capital) Belmopan; (City) Belize City, (Towns) San Ignacio, Corozal, Orange Walk, Dangriga, Punta Gorda, San Pedro. Climate: Sub-Tropical Nationality: Belizean Official Language: English, however, Spanish is spoken. Total Population: Approximately 343,000 Land Area: 22,923 km. Sq. or 8,867 sq. miles Form of Government: Democratic Head of State: Queen Elizabeth II Governor-General: Sir Colville N. Young Governing Party: Peoples United Party 1998 - present Independence Day: September 21, 1981. Currrency: Belize dollar (Bz$) Exchange Rate: US$1=Bz$2.00 Time
zone:
EST -1; GMT - 6 Major Ports: Belize City, Big Creek and Dangriga. Major
International Airport: Entry Requirements: A valid passport is required of all visitors. Citizens of the United Kingdom, some Commonwealth countries, the European Union and the USA are not required to have a visa, provided they have a return ticket. Business Hours: Government hours: 8:00 am - Noon, 1:00 pm - 5:00pm (4:30 on Fridays) Banking: Mon.-Thurs. 8:00 am - 1:00 pm. Fri. 8:00 am - 4:30 pm. Chief Products: The economy of Belize is based on tourism, finance and agricultural development but in recent years there has been a resurgence in forestry. The main exports are sugar, citrus, bananas, fish products (mainly lobster), timber and garments. Telecommunications: All
automatic
systems: Direct dialing with major countries in the world. Telexes,
faxes,
cellular, email and internet are also readily available.
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