Lighthouse
Jurisdictions / Belize

Where the statute settles it.

In 2000, Belize became the first country to enact a law specifically barring creditors from reaching the assets of a properly registered trust, regardless of circumstance. Twenty-six years later, that statute remains the firm’s preferred home for asset protection trusts.

The Trusts Act, in plain terms.

Belize's statutory architecture treats foreign creditor claims against Belize-domiciled trust assets as categorically outside the court's jurisdiction. There is no balancing test and no fraudulent-conveyance window for the court to peer through; the door is closed. The 2019 U.S. Bankruptcy Court decision in In re Rensin confirmed the practical consequence — creditors cannot reach Belize-domiciled trust assets without joining the Belize trustee, which Belize law makes substantially impossible.

The LLC Act, alongside.

Beyond the trusts statute, the Belize International Limited Liability Companies Act provides protections that rival the trust framework: onerous creditor-bond requirements before any claim may be filed, and an outright prohibition on certain types of fraudulent-transfer claims that would survive elsewhere. Used in conjunction with a Belize trust, the LLC forms what the planning literature describes as a double-walled structure.

Why we work here.

The firm has maintained continuous presence in Belize since 2011. Our familiarity with the local trustee community, the registry, and the relevant chambers means a Belize structure can be established and administered without the friction common to first-time engagement with the jurisdiction.

The legislation we work under.

Belize Trusts Act

Cap. 202 · 1992; revised 2020

The statute under which we register Belize trusts. Section 7 closes the door on foreign creditor claims against trust assets, regardless of how the claim was established or where it was rendered.

§ 7(6)
A Belize court shall not recognize the validity of any claim against trust property based on the law or court order of a foreign jurisdiction.
§ 7(7)
Foreign fraudulent-transfer law has no application to a Belize trust.

Belize International Limited Liability Companies Act

BILLC · 2011

The most protective LLC framework in the Caribbean. Capital contributions are excluded from fraudulent-transfer law, the charging order is the exclusive creditor remedy, and a creditor must post substantial bond before any claim may proceed.

§ 36(3)
Charging order is the exclusive remedy against a debtor-member's interest in a Belize LLC.
§ 37(7)
A creditor must post a bond of US $50,000 or one-half of the claim, whichever is greater.
§ 37(8)
Capital contributions are excluded from the definition of 'transfer' for fraudulent-transfer purposes.
§ 38(1)
Only judgments issued by a Belize court are enforceable against a Belize LLC.

Services from this office

  • Asset Protection Trusts
  • Asset Protection LLCs
  • Foundations

Office

Lighthouse Trust Limited

3½ Miles Phillip Goldson HighwayBelize City, Belize N.A.

+1 786 442 1516

Lighthouse Trust · Belize

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