Commercial real estate solutions Belize 2023 from Remax: English Speaking: Belize is in both the Caribbean & Central America. It is the only English-speaking country in the Central America region. This makes doing business, traveling, and living in Belize much easier. Our regional office is located in San Pedro Town on Ambergris Caye, Belize. If you are looking to secure your dream home in paradise or invest in one of the top emerging markets in the region, RE/MAX Belize Real Estate is here for you. Read more info on Ambergris Caye Real Estate.
After all the documentation is signed, everything will go to a Closing Company for the due diligence and transfer of property. When buying any property in Belize you want to ensure the process is done correctly. That includes initiating a title search and ensuring there are no liens or encumbrances on the property. When buying Belize real estate you also want to make sure that the seller is legally able to sell the Belie land. The property history as well as corporate and IBC registration is also something that the Closing Company will take care of. A Closing Company will make sure past transfers of ownership were done properly and that the whole process is done correctly.
Property taxes in Belize are paid annually in April and are to be paid each year. Property taxes in Belize for land and real estate are assessed and determined by the Department of Natural Resources. Belize is a low-tax jurisdiction and the property taxes in Belize are some of the lowest of any of the Commonwealth countries. Property taxes in Belize are almost unbelievably low for most off-shore owners and investors. When buying a property in Belize Belizeans pay 5% of the purchase price in Stamp Duty or Transfer Tax to the Government of Belize. Foreigners and non-nationals pay an 8% Stamp Duty or Transfer Tax to the Government of Belize when buying real estate or property in Belize. This is why so many foreign owners and investors purchase Belize real estate in an IBC. When you buy real estate in Belize that is in an IBC there is no stamp or transfer tax. Learn more about owning Belize property in an IBC.
Nestled in lush jungle on the banks of the New River, Lamanai is the most famous archaeological site in northern Belize and one of its largest ceremonial centers. Lamanai means “Submerged Crocodile” in the Mayan language, and images of crocodiles have been found on the excavated buildings, pottery, and figurines. Traveling to the site is an adventure in itself. An hour boat ride up the New River provides frequent wildlife sightings, and the dense jungle lends a wild feel to these ruins, which are still not completely excavated. Lamanai was occupied the longest of any Mayan site. In the 16th century, the Spanish found a thriving community here, and the ruined churches reveal attempts to convert the Maya. The archaeological site features more than 900 structures as well as a museum with exhibits of pottery, obsidian, figurines, and jade jewelry. Highlights include the Mask Temple, Temple of the Jaguar, and the High Temple, which visitors can climb for panoramic jungle views.
Belize attractions and climate makes buying a property here a sweet idea. Imagine living permanently there… the joy. The most developed spot is Ambergris Caye, which is the largest Island. Properties on the beachfront can be found for affordable prices starting $290,000. You can find even cheaper prices a short distance from the beachfront. For example, $199,000 will get you a two-bedroom, one-bath condo on 750-square-feet. If you are looking for good value real estate, Belize is the place to buy. If you are looking to buy land to develop on or hold out for property appreciation there are a number of options for affordable real estate in Belize, for more information about Belize property prices and the affordability of buying and living in Belize contact Will Mitchell at REMAX Belize Secret Beach.
Do I Require a Passport to Travel to Belize? If you are visiting Belize as a tourist, you must have a valid passport and the passport must be valid for more than 6 months. This makes it very easy for people planning on relocating to Belize as they have no restrictions when it comes to the length of stay and duration. You can continue to renew your Belize tourist visa every month or have a new stamp every time you leave Belize and travel back.
Buying Belize Real Estate is very easy and the process is much like in North America (USA & Canada). Belize is one of the few countries in Central America & the Caribbean where foreigners enjoy the same property ownership right as nationals in land ownership and tenure. When a foreigner buys property in Belize, they own it outright with a fee-simple land title. The preferred practice of owning Belize real estate is through a fee-simple title which is clear title freehold ownership.
Will prides himself in providing outstanding service to buyers and sellers. Making it his business to truly understand each client’s unique needs, personal preferences, and style. Using those insights, along with detailed market reports and customized marketing plans, helps them find the perfect property in Belize. Dustin Rennie first came to Belize in 2015. Since arriving in Belize and the island of Ambergris Caye, Dustin has seen the opportunity Belize has. Working alongside Will Mitchell, Dustin has helped grow RE/MAX Belize into what it is today. Dustin Rennie (along with Will Mitchell) hails from Canada, seeking an escape from the frigid northern winters. Belize has offered far more than just a desirable climate, with opportunities ranging far outside just real estate. See more information on https://remaxbelizerealestate.com/.