Ambergris Caye Caye Caulker HELP! Visitor Center Businesses Lodging

Previous Thread
Next Thread
Print Thread
Social Security #512728
03/30/16 10:04 AM
03/30/16 10:04 AM
Joined: Dec 2015
Posts: 34
Utah USA
FGRoss Offline OP
FGRoss  Offline OP
Question to any US persons living full time in Belize that are on Social Security.
Is it a problem to move to Belize and have your S.S. deposited into a bank in Belize?
What is the process to do this?

Frank and Natalie Ross
"May you always have a seashell in your pocket and sand in your shoes"
Re: Social Security [Re: FGRoss] #512734
03/30/16 11:25 AM
03/30/16 11:25 AM
Joined: Jun 2008
Posts: 2,000
ragman Offline
ragman  Offline

The above will give you some information on doing this. However, keep in mind that you will need to open a bank account in Belize and thanks to the USA this may not be too easy. You had better do this long before you decide to send SS checks to Belize.

An alternative would be to use an atm card drawn on an American Bank you have your funds sent to, I've done this several times. You could also, after you open a Belize bank account, write a check and deposit it to this account. There is almost a month before you will be able to draw on the check and the exact time depends on which bank you have an account in. In addition there are other ways to cash a check if you are known but I'm not sure of the legality. Many businessmen who need to buy goods and such in the USA need USD and have ways of depositing your check in a USA bank. They might cash your check, if they know you.

All in all banking and trying to do things the correct way in Belize is difficult and getting more difficult it seems. I recently closed my last account in Belize and when I did they ask me 3 times if I was sure that is what I wanted to do. They told me it would be very difficult to open another account and would require permission from the "central bank" (?) Because I'm spending less time in Belize and reporting foreign accounts is such a hassle it is just not worth it to me anymore. In addition I suspect that having a foreign bank account puts a big target on your back for an audit. I've read this several times. Please understand that I've not done anything to illegally avoid taxes or anything like that. Just had accounts to facilitate paying bills and having cash for living expenses without having large amounts of cash on my person or in my home.

Good luck.

Formerly from somewhere on a beach in Belize
Re: Social Security [Re: FGRoss] #512736
03/30/16 01:24 PM
03/30/16 01:24 PM
Joined: May 2011
Posts: 254
Caye Caulker, Belize
artisan Offline
artisan  Offline
Frank, did you manage to get an Atlantic account open?
That's the only bank the US SS deals with for direct deposit.

Re: Social Security [Re: FGRoss] #512737
03/30/16 01:33 PM
03/30/16 01:33 PM
Joined: Dec 2015
Posts: 34
Utah USA
FGRoss Offline OP
FGRoss  Offline OP
When I was in Caye Caulker a week ago I did apply for a bank account, the woman at the bank told me it may take awhile to hear if the application is approved or not.

Frank and Natalie Ross
"May you always have a seashell in your pocket and sand in your shoes"

Portofino Resort- Now with a new BEACH BAR!!
Click for excellent scuba lessons with Elbert Greer!
Chaa Creek is an award-winning luxury Belize Resort, rated as one of the worlds best Eco Lodges. We are a pioneer in adventure travel to Belize since 1981!
Maruba Beach Klub and Spa is the premiere Secret Beach spa and restaurant located on the crystal blue waters of the Caribbean Sea at the center of Secret Beach, Belize
First Class Accommodations for the Budget Traveler
First Class Accommodations for the Budget Traveler

Things to do

Daily News
Daily Weather

Classified Ads
San Pedro Sun
Ambergris Today
SP Town Council
Channel 7
Channel 5
Love FM
The Reporter
TV Newscasts
Radio Stations

Click for our
Search thousands of Belizean-only websites
To Get Your Questions Answered

Event Guides
Event Calendar
Specials & Events
Things to Do
iTravel Belize
Paradise Theater
San Pedro Fun Finder
Paradise Guy Event Calendar
Cayo Event Calendar

San Pedro Scoop!
Tia Chocolate
My Beautiful Belize
I-Travel Belize
Belize Adventure
Belize Hub
Romantic Travel
Belize Happy Adventures
Conch Creative
Caribbean Culture & Lifestyle
More Blogs...
Search thousands of Belizean-only websites
White Sands Dive Shop - 5 Star PADI Dive Facility - Daily diving, SCUBA instruction and Snorkeling
Caribbean Inspired All Natural Condiments & Spice Blends, Over 100 are Gluten Free!
We manage a variety of homes, apartments, condos and commercial properties here on Ambergris Caye. Our minimum lease on ALL properties is six months.
Click for Ian Anderson's Caves Branch, Welcome to a World of Adventure
Lil Alphonse has snorkel equipment to fit anyone as well as Marine Park Tickets and flotation devices to assist those not as experienced.
Coastal Xpress offers a daily scheduled ferry run to most resorts, restaurants and private piers on the island of Anbergris Caye. We also offer  private and charter water taxi service.
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
Cayo Espanto
Click for Cayo Espanto, and have your own private island
More Links
Click for exciting and adventurous tours of Belize with Katie Valk!
ShoutChat Box
Who's Online Now
0 registered members (), 108 guests, and 0 spiders.
Key: Admin, Global Mod, Mod
Forum Statistics
Most Online5,530
Jun 13th, 2021 HELP! Visitor Center Goods & Services San Pedro Town Message Board Lodging Diving Fishing Things to Do History Maps Phonebook Belize Business Directory Picture of the Day

Powered by UBB.threads™ PHP Forum Software 7.7.1