is Belize a safe place to open a bank account and deposit large amounts of cash?

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  • Jahal
    Lv 5
    9 months ago

    Hard to say, you need to research the economy, find out how stable it is or isn't.

    There is a lot of crime and poverty in Belize.

    Still, foreigners like to visit and buy property.

    The Bahamas and Cayman islands are where people have stashed big money accounts in the past.

  • Anonymous
    9 months ago

    I would go online and check out Belize first . What is the government like ? What is the economy like ? Have they had a revolt lately ? Any other politics ? Basically , is it a safe country to put Your money into . What are it,s Banks like ? Personally I would feel safer putting My money into a reputable Canadian Bank . You are insured and they have a good history .

  • Anonymous
    9 months ago

    No.

  • 9 months ago

    Depends...what do you mean by safe and from what country are you originating?

    I'd argue safer than a lot of neighbors in the region.

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  • Anonymous
    9 months ago

    Certainly. Their rules is deposit your money here and it stays in our money pit. FOREVER. Interest. We lost interest in you. Who you again?

  • 9 months ago

    It wouldn't be safe for my money. Why would you open one there??

  • Anonymous
    9 months ago

    Switzerland would be 'safer' .........................

  • Satan
    Lv 7
    9 months ago

    Yes.

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