If you want to go into the business of business of buying and selling foreign currencies in Belize, you need to go about it the right way. Now, many people have the impression that Belize is a tax heaven. Belize also has a reputation as a country where you can easily register or incorporate your company. Now, there is more to this charming country than ease of doing business and a favorable tax system. Belize is a great country for the foreign exchange trader because you can live here and operate your business without much stress. Below are some reasons you should consider getting a Belize Forex license.
Easy to Get
One of the best things about living in Belize is that it is easy to do business here. Unlike other countries where the bureaucratic system takes ages to approve licenses, government officials and regulatory agencies in Belize work fast. If you apply for a Belize Forex license on a Monday, for instance, you could get the license that same day or the very next day. Now, this does not apply to just Forex licenses. It applies to other licenses and permits for different business owners. This is a great advantage because it saves time and helps business owners here make the most of their valuable working hours.
The Best of Both Worlds
Another great advantage of operating from Belize is that you enjoy the best of both worlds. Belize is located in the Caribbean Islands so it is close to Mexico and Guatemala. Meanwhile, it is not too far from the financial powerhouses of USA and Canada. Now, this means you can live in business and operate your Forex business from this Caribbean country. You can offer consultancy services to local people in Belize and offshore clients in the US and Canada. You can also transact business with clients in Mexico because this country is just across the border.
Different Time Zones
You can trade Forex 24 hours a day and make money round the clock. If you want to make optimum use of your Forex trading time, Belize is just right for you. You can trade in different time zones and make good money. For instance, you can trade in the UK and South Africa time zones. When these time zones close for business, you can trade in the American time zone or even the Australian time zone. All these things are possible for you even while you live in Belize.
Final Word
As you can see, it pays to get your license in Belize and operate your Forex business here. There are many advantages for you if you live and do business in Belize.