Requirements for an External Investment

The specific permission of the Central Bank is required for all outward investments made abroad between residents and non-residents as per Sections 15 and 28 of the Exchange Control Regulations Act, 2020. These requests are reviewed on a case-by-case basis.

Steps to apply for approval of an external investment 

1. Draft application letter

The letter of application for external investment should be sent to the Central Bank addressed to the Manager of the Exchange Control Department, and should contain the following information:

a) Name, full address and country of residence of the investor
b) Amount, currency type and description of proposed investment
c) Purpose and justification for the investment
d) Terms of the outward investment, including the rate of return (if any) and the
e) redemption date (if applicable)
f) Source of funds for the proposed investment
    2. Gather supporting documentation 

    i. If a legal entity:
    a. for shareholder(s) or ultimate beneficial owner(s), notarized copy of passport or signed true copy of passport for each shareholder or ultimate beneficial owner

    ii. If a person:
    a. notarized copy of passport or signed true copy of passport

    iii. Bank statement of accounts as evidence of source of funds

    iv. Investment agreement, where applicable

    v. Repayment schedule, where applicable

    The Central Bank reserves the right to request any additional information as deemed necessary for the processing of the application.

      3. Complete Notice form

      Download Notice for Portfolio and Capital Investments form

      Download guide on completing Notice for Portfolio and Capital Investments form


      4. Email completed form and supporting documentation

      Email letter of application and supporting documentation to [email protected].

      If you have any further questions, please contact the Exchange Control Department of the Central Bank of Belize.