Wednesday, February 9, 2011

US Blacklists Belize?

USA BLACKLISTS BELIZE FOR US RESIDENTS?

I´ve been informed by brokerage people that Belize is blacklisted. Any trading of US securities by US resident aliens retired in Belize will be rejected. This is to new accounts, not sure if it applies to old accounts.

There goes the ability, or part of the ability to attract US retirees to Belize.

New FINRA and SEC regulations, force Brokerages in the USA to reject US citizens who are residents of Belize. So I was told.

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