Residential real estate experts Belize 2023 with Ambergris Caye Real Estate: Growing Awareness & Tourism: Belize is at a tipping point and has just entered the world’s radar. The emergence of Belize has opened opportunities and further propelled investment. 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 additional information at 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 house here a tempting thought. Imagine living permanently there… the joy. Many people often ask us why the Platinum Coast (West Coast) & Secret Beach is just beginning to undergo rapid development given its beautiful beaches and sunset views and the story goes back to when the island was first developed. As many of you already know, in a tourism destination the most coveted coast is almost always the West Coast because of the amazing sunsets. The island of Ambergris Caye was however originally developed on the East Coast to accommodate the reef and the fisherman who wanted to get out first thing in the morning to fish. The East coast of Ambergris Caye has been developed leaving the west coast to be forgotten, until now.
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.
Belize Real Estate Purchasing Process: The property purchasing process in Belize is similar to Canada or the US (countries with fee-simple titles). Before you purchase property in Belize or buy Belize real estate it is important to know and understand the process. Ambergris Caye real estate is popular due to the fact that the island and San Pedro Town is the country’s most popular destination with the highest level of growth. Let the Remax Belize team help you with your Belize property & Belize real estate search. We can help go over the different options and opportunities available in Belize.
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. See extra info on https://remaxbelizerealestate.com/.
