High quality residential real estate offers Belize 2023
Best rated commercial real estate experts in Belize: Favorable Taxation: Belize has no capital gains tax, low corporate tax, and very low property tax making it a favorable investment destination. Belize also does not have any inheritance tax when passing property to loved ones. 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 even more info on Ambergris Caye Real Estate.
Most real estate transactions in Belize are cash sales. That said, there are opportunities with financing available. Most real estate opportunities in Belize with financing available are through seller or vendor financing. Belize does not have the standard bank financing or mortgages people are used to in the US or Canada. If you are wanting to purchase Belize real estate with financing, talk to your agent and find opportunities with financing. Or include the financing terms in the offer/agreement.
Foreigners and Non-Belizeans are able to purchase land, real estate, and property in Belize. The full title of the land and property is granted to non-Belizeans just the same as it is given to Belizean nationals. Belize is one of the only countries in the region with fee-simple land title ownership and full-foreign ownership. Even though Belize has full foreign ownership and foreigners are able to own Belize land with a fee-simple title, there are a few types of Belize property ownership that buyers and investors should be aware of and not all types of property ownership in Belize are equal.
Once a Mayan fishing village, Belize City was the country’s capital until 1970 after Hurricane Hattie wreaked havoc. Today, it’s Belize’s largest city and commercial center; a busy port, which welcomes cruise ships; and the country’s main gateway. Ramshackle Victorian buildings jostle along the narrow streets in town, but despite its gritty exterior, the city has a fascinating past featuring Mayans, colonial days, hurricanes, and fires. To learn more, visit the Museum of Belize, housed in a former prison; pop into Government House; or explore the Old Belize Cultural and Historical Centre, a museum, beach, and restaurant all rolled into one. Built in 1923, the Belize Swing Bridge connects the south and north sides of the city and is the world’s only manually operated bridge of its kind. A short drive from the city, visitors can explore the Altun Ha Archaeological Site and the excellent Belize Zoo, which emphasizes conservation and education. This is a great place to see many of the country’s native creatures in natural surroundings, most of which are rescue animals, including jaguars, tapirs, toucans, and howler monkeys. Since the city sits at the mouth of the Belize River, on the Caribbean coast, anglers will find excellent fishing opportunities a few minute’s drive from the center of town.
Belize attractions and climate makes buying a property here a tempting idea. Imagine living permanently there… the joy. As Ambergris Caye, San Pedro and Belize continue to grow at an unprecedented rate, as so the opportunities for Real Estate investment does as well. Within Belize, Secret Beach has become one of the top emerging locations for locals and tourists. Secret Beach features pristine Caribbean ocean, no sea grass, sunset views, private inlets and so much more as the area continues to develop… it really can’t be beaten.
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.
There are a lot of opportunities in Belize and a diverse real estate market. In Belize, we do not have a formal MLS, so a real estate agent’s job is a little different. If you are looking at buying or investing in Belize, a Remax Belize real estate agent can help with the search. After the Belize real estate search, and once you find the property you want to purchase, the next step is to put in an offer or draft up an agreement of sale. The real estate agent will require your full name and address to be able to draft up the agreement/offer.
With decades of experience in Belize Real Estate and working with RE/MAX Will has helped hundreds of clients find their dream homes or investment properties while personally being invested in numerous deals in this market. After years of experience in Belize and working with RE/MAX Will took on the role of “Regional Owner” for RE/MAX in Belize in 2019. Growing not only RE/MAX in the region but the global awareness of Belize. Discover additional info on remaxbelizerealestate.com.