Real estate offers Belize 2023 by Ambergris Caye Real Estate: The Location & Climate: There are many reasons people are drawn to Belize, but most of all they are drawn to the tropical climate and the vibrant culture. Belize is also very accessible from the US & Canada. Belize is one of the top emerging destinations in the Caribbean & Central America Region. RE/MAX Belize is one of the leading Belize real estate experts. With over 100 agents and offices country-wide. If you are looking to own or invest in Belize Real Estate trust the team at RE/MAX Belize. Nobody in the world sells more real estate than RE/MAX! See more information at 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.

Belize Land Laws: Belize is a British Common Law Country and with that comes strong real estate ownership laws. The land and real estate ownership laws in Belize are derived from the Common Law and English Statutes of the 19th century. The Law of Property Act, Chapter 190 in Belize is based on the Real Property Act 1925 of England. Other relevant statutes and laws in Belize include the Registered Land Act, Chapter 194 (1977) which is a statute that governs all land transactions in Belize.

A paradise for divers and anglers, Turneffe Islands Atoll encompasses more than 200 coral islands surrounding a lagoon. It is one of three atoll reefs in Belize’s waters. Seascapes here range from crystalline flats to creeks and lagoons. Corals shimmer in the clear waters, and the atoll is a nursery for many different marine species including grouper, snapper, trunkfish, and the famed bonefish, which lures saltwater fly fishing enthusiasts from around the world. In particular, the vast flats on the eastern side of the atoll are ideal for casting a fly line or snorkeling in the shallows. Divers will find some excellent wall and current dives around the atoll, and the varied marine life includes eagle rays, nurse sharks, dolphins, conch, and turtles. Most of the resorts in the atoll are specialized diving and fishing lodges, however visitors can pop over for a day trip from Belize City, Ambergris Caye, and Caye Caulker.

Belize attractions and climate makes purchasing a house here a tempting idea. Imagine living permanently there… the joy. Purchasing Belize real estate and Belize real estate transactions are pretty straightforward and affordable. The stamp duty (property sales tax) is set at 8% for foreigners. The first $10,000 is exempt. There is no tax on capital gains and the property tax is very low. Due diligence is called for when doing a real estate transaction. Retain a lawyer, buy into an existing property and ask for a registered title before buying. You can also use title insurance to guarantee your ownership of the real estate property. After identifying the property to buy, make an Offer of Purchase. If it is accepted, be prepared to put 10% deposit down. There is also the 8% stamp duty. Attorney fees are 1.5-2%.

Visitors who are citizens from the United States and its territories, Canada, the United Kingdom and its territories, European Union, Caribbean, and Central American countries do not require any visas when traveling to Belize. For visitors driving/boating into Belize from Guatemala or Mexico, a temporary importation permit for the vehicle (boat or vehicle) must be secured at the point of entry. This permit is valid for 30 days. No specific immunizations are required for visitors to Belize.

Foreigners can own property in Belize as an individual or through a Belize Chapter 250 (Limited Liability Company) or with an International Business Company (IBC). A property (like Belize land) will have a title that would be issued by the lands department. Condominiums in Belize are purchased through a “Strata” title or co-op share ownership. There are a few types of property ownership in Belize and it is important to learn the differences.

Nobody in Belize sells more real estate than RE/MAX! RE/MAX is #1 in global homes sales with offices in over 115 countries world wide. RE/MAX agents have the highest average number of transaction sides with the highest average commisions. International brand name awareness. From video and television to radio, digital, sponsorship and more. The RE/MAX name is out there working — for you. RE/MAX is the largest and most trusted name in real estate. See additional info on https://remaxbelizerealestate.com/.