Reason for this visit

Belize is a very suitable jurisdiction for offshore activities and its legislation has been adapted to the needs of investors. However, most types of activities require special permission from the authorities. The license is issued by the country's international commission in order to regulate the whole financial sector. As a result, for various financial services (foreign exchange, trust management, currency exchange, credit operations, financial and advisory services, etc.), the issuance procedure is practically the same. Belize is a highly desirable region when it comes to offshore business, with an open-minded and tolerant policy towards all kinds of financial activities. In order to help investors or practitioners have a more comprehensive understanding of Belize's foreign exchange dealers, the survey team is going to the country for on-site visits.

On-site visit

This time the survey team went to Belize to visit the foreign exchange dealer Alpari as planned. The survey address is 60 MarkeT Square BELIZE CITY, Belize.

The survey personnel came to the destination of the current survey according to the above address, which is in a small residential community in Belize City, where there are several small shops and a total of 4 banks. However, the community is not a commercial area, and mainly consists of livelihood shops. The destination is located at BELIZE BANK, which is a two-story building. After consulting the bank staff, the investigators learned that the entire building was owned by the bank and no other company existed. Therefore, the investigators confirmed that the trader Alpari does not have an office here.

Conclusion

The investigators went to Belize to visit the foreign exchange dealer Alpari as planned, but did not find the dealer's office at its publicly displayed business address. The dealer may have just registered a company at this address without a real business venue. Please choose this dealer carefully.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.