Investing In Belize Real Estate
The Belize real estate market continues to boom because more people are realizing the safe investment real estate offers in this magnificently natural, vacation setting. From celebrities and investors, to retirees and first-time homeowners, great investment possibilities can be found for everyone, whether affordable or luxury priced.
For more information about investing in Belize real estate, give us a call at 501-610-1978 or email.
The Belize government safeguards foreign investors from capital gains tax or inheritance tax. Belize is known as a tax haven as well as a vacation destination; therefore, investments are more sheltered than in other areas of the world. Investors don’t have to worry about the additional cost of taxes. Also, the property taxes on undeveloped land are some of the lowest in the Caribbean.
Properties in Belize have a greater appreciation rate compared to other Caribbean countries, which ensures a greater reselling value in the future. Worldwide economies might currently be in crisis, but real estate property values in Belize are progressing, which gives investors great assurance about resale values for the future. Safe, stable, and, therefore, smart investments can be made more so in Belize than anywhere else.
Belize has a lower price point for real estate than any of its neighboring countries in Central America. A vacation home can be purchased without the need to spend your life savings and you can still live comfortably. Private islands and oceanfront mansions are reasonably priced and modest homes are available for investors with tight budgets. People who never dared to dream they could buy a vacation home in the Caribbean can now buy and invest in Belize.
The Belize government favors foreign investors; therefore, it made it easier for foreigners to transfer titles with owners without any complications regarding legal matters. Because Belize is an English-speaking country, buyers and sellers who need to process legal documents (e.g., the transfer of title) don’t require the use of a language translator.
Customize Your Property
New home sites are still being developed in Belize. Early investors can help design and customize their condo, casita, or luxury home by choosing tiles, cabinets etc. according to their own personal taste.
It’s the Perfect Time…
If you’re a retiree, first- or second-home homebuyers, or interested in investing in Belize real estate, now is the ideal time to get started. Give us a call at 501-610-1978 or email.