Top rated real estate opportunities in Belize: 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. 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! Read extra details on Belize real estate.
You also want the Closing Company to look over the proposed purchase agreement, making sure the information is correct and ensuring it’s in full compliance with the local and governing laws of Belize. A Closing Company is particularly important if you are choosing to finance a property with the seller because a payment processing company is often needed. It is also common in Belize for a closing company to use an Escrow Agent and/or Escrow Account. This helps to protect the buyer and the seller during the real estate transaction. Since most real estate transactions in Belize are done in USD it is common for the Escrow Account to be in the US and with a US Bank account.
Belize allows for full foreign ownership and freehold property ownership. Property purchasers can take title to freehold property in Belize in three different ways. They are: Deed of Conveyance; Transfer of Certificate; Land Certificate. Owning land or Belize real estate with a fee-simple title is the strongest form of property ownership. A Fee-Simple Title and Freehold Ownership is the highest possible form of property and land ownership. It means that you own the property outright.
A diamond in the rough, Caye Caulker is a hotspot for backpackers and budget travelers. This tiny island, fringed by mangroves and coconut palms, lies about 24 kilometers south of Ambergris Caye. In 1961, Hurricane Hattie divided the island in two, creating an area called the Split, which is now a small public beach. The area north of the Split is quieter and less developed. Travelers come here to completely chill out. Golf carts and bikes are the main mode of transport on the sandy streets, and the small guesthouses are rustic, but comfortable. Although Caye Caulker lacks the picture-perfect tropical island beaches some may expect, visitors can organize trips out to the reef to swim, dive, and snorkel. The Caye Caulker Mini-Reserve features nature trails with labeled flora and fauna.
Belize attractions and climate makes buying a house here a tempting thought. Imagine living permanently there… the joy. One of our most common questions is ‘Why Buy Real Estate in Belize?‘ and ‘Why Should I Visit Belize Over Other Topical Destinations?’, once you visit the country you will see why thousands are flocking to the tropical paradise and the island of Ambergris Caye. Buying a second home in Belize is viable investment idea as well as a sensible tax reduction step. You are exempt from capital gains tax if you have lived in the home for 2 years before selling. If you take out a mortgage in Belize, you can deduct mortgage interest and property taxes from your tax liabilities. There are a number of great Belize properties available throughout the tropical country of Belize, many of which are perfect vacation properties. If you are looking to buy or invest in Belize real estate contact Will Mitchell at Belize Secret Beach.
Belize is a very easy country to travel to and US & Canadian travelers do not require any visas when traveling to Belize. Actually, most countries and passports are able to travel to Belize freely and without a visa for 30 days. If you are visiting Belize as a tourist, you do not require a visa. When you enter Belize, you are issued a 30-day tourist visa in your passport. If visitors planning to stay longer than 30 days, they must have their passport re-stamped by a local immigration office. If you are extending your Belize stay longer than 30 days, the passport must be issued a new stamp, and pay an additional fee for every additional month they wish to stay. Visitors are able to continue to renew their tourist visa if they want to stay in Belize, without restrictions on length (as long as they get their visa renewed).
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.
RE/MAX delivers the tools, tech, and training that can help you stay focused on offering superior customer service. Our technology and tools we use allow our agents to do what they do best… Sell Real Estate! Will Mitchell first came to Belize as a child and fell in love with the country immediately. Over his many years in Belize, Will has watched the country grow and develop into what it is today. His years of experience have made him one of the most knowledgeable and experienced real estate experts. His knowledge of Belize is extensive, ranging from real estate, investment, lifestyle, and more. Find more details at remaxbelizerealestate.com.