Opening a local business bank account can be one of the most time-consuming parts of the process. Expect rigorous "Know Your Customer" (KYC) requirements. 5. Residency Through Investment
If you are buying a hotel or tour company, the Belize Tourism Board (BTB) license does not transfer. You must apply for a new license in your own name or your company's name before you can legally operate. 4. Structuring Your Purchase buying a business in belize
Costs for the first year typically range from $922 to $1,040 USD , including government fees. Opening a local business bank account can be
Company Registration in Belize - Business Starting & Setup | GSL if you keep existing employees
Under Belizean law, if you keep existing employees, you may inherit their years of service, which affects future severance requirements.