An International Foundation is a legal vehicle that is defined as a foundation where (a) the founder or any person who has contributed assets to the foundation otherwise than for full consideration is not resident in Belize, (b) none of the beneficiaries of the foundation is resident in Belize, and (c) the foundation endowment does not include any land situated in Belize or the shares of any company beneficially owning any land situated in Belize other than property for use as an office for the administration of the foundation.
An International Foundation can only be incorporated by a Licenced Registered Agent.
