HomeBreaking NewsBelize City Council Says Invest in the City’s Growth and Earn Big

Belize City Council Says Invest in the City’s Growth and Earn Big

Belize City Council Says Invest in the City’s Growth and Earn Big

Belize City Council Says Invest in the City’s Growth and Earn Big

Looking for a solid investment that also supports Belize City’s growth? The Belize City Council is opening the door to a unique investment opportunity. According to the City Council, through this opportunity, the public can support the city’s growth while earning attractive returns through municipal securities.

The Council held its Public Investment Forum 2025, where Mayor Bernard Wagner told News 5 that while tax revenues cover day-to-day operations, funding for large-scale projects like street paving, park development, and drainage improvements requires additional sources.

“You will never be able to get those capital on a day-to-day basis from property taxes, trade licenses, liquor licenses, or traffic fees,” Wagner said.

Instead of turning to costly bank loans, the council is offering municipal bonds, notes, and papers to the public. These securities will allow investors to lend money to the city in exchange for interest payments and repayment of the principal over time.

Financial analyst Abigail Castellanos says it’s cheaper for the council to raise funds through securities. “The interest rate for these municipal securities will typically range from 4.5% and as high as 7%… compared to the bank loans, which are at 8.45%,” she said. This means the council “saves between 2.45% and 4.945% in their borrowing cost,” Castellanos added.

The investment also offers tax-free returns, with interest exempt from income tax, business tax, and stamp duty, says Castellanos.

Wagner says that these investments will help pave more streets, improve drainage, and support the city’s continued growth. “We can build upon the one hundred and fifty streets rehabilitated in 2023 and 2024 by prioritising the use of concrete, ensuring greater durability and enhanced climate resilience,” he said.

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