Citrus growers are modernizing orchards and expanding production, mostly for the high quality Valencia orange. The most dynamic opportunities in this sector are in papayas, ginger, commercial fruit crop production, and furniture and wood products. Shrimp farming is rapidly taking off and has already become the country's fourth largest hard currency earner. Belize undoubtedly offers the serious investor a wealth of opportunities in a secure and stable climate with the best access to the world's most attractive markets in North America. There are four commercial banks that serve the country of Belize.
All banks have branches in the six districts but services are more limited.
35 Barrack Road. Takeovers and mergers that involve foreigners are not subject to regulations. There are no local management requirements. Belize grants a number of tax and other concessions to encourage the private investment of capital by nationals and foreigners in new and expanding projects, including industrial projects prioritized for development, export oriented projects, and projects that use technology either not previously introduced into Belize or being introduced into less developed areas of the country . Under the Fiscal Incentives Act of 1990, enterprises approved by the government may be granted maximum tax holidays of normally five, ten, twelve, or fifteen years, depending on the nature of the enterprise and the degree of ownership by nationals.