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Real Estate in Belize

On the eastern coastline of Central America with a mainland and over 200 islands, Belize is a popular tourist destination. Belize offers many natural attractions with rainforests, sandy beaches, Mayan ruins and relaxing tropical climate.  You will find your perfects spot and Guide to Belize can help you in finding that perfect site.

GtB Best offer in Town! But where is the Town? At least you have a great view to the Belize Reef
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There are no restrictions in Belize on foreign ownership but only a small difference in the "Land Title Transfer fee" to Residents of Belize. The country is politically and economically stable.

The living expenses in Belize are substantially lower compared with America or Europe. While in Belize goods and products are often priced relatively higher due to import duties, services are often quite cheaper. Good local healthcare, insurance, local legal services and so forth can be found in Belize for reasonable prices.

The Hard way: Do it on your own

This are some steps from my own land purchasing experience in Belize, they make it to work out for you:
  1. Spend time in Belize and ask around for properties. There are a few real estate listings, but most are for sale by owner and usually there are no signs posted. Be prepared to hunt for real estate.

  2. Pay cash or get financing on your assets back home. Mortgage financing is not readily available for foreign buyers.

  3. Negotiate your price. There are two prices, one for locals and one for foreigners. Do your research or have a Belizean friend find out the local price for you. You will get a better price if you have more knowledge of the real estate market there.

  4. Hire a lawyer in Belize. The attorney fee is normally two percent of the purchase price.

  5. Research and learn the real estate market. Know the fees and costs of purchase. Your land title transfer fee, called a stamp tax, is 12 percent. The Belize property taxes vary based on the assessed value of your property.

  6. Apply for a Title Transfer and receive a Certificate of Title under the Belize Registered Land Act System. This is the most common purchase agreement. There is also the conveyance system involving a Title Search usually done by an attorney, and the Torrens System involving a First Certificate of Title.

Think about This

There ain't no such thing as a free lunch, even in Belize. There are no money back conditions if the seller or agent doesn't provide  full disclosure.  Be careful in choosing a realtor. A license is not required in Belize, so the quality among realtors varies.

Get assisted, get a second opinion

Whether you are buying or selling a home in Belize, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist and guide you with this important transaction.

In addition, if you have any general questions about buying or selling real estate in Belize, please contact me i got my experience in the last years and i now personaly some land owners as I'm more than willing to help.

I got my own experience in last years with:
  • Land Survey
  • Land owner's
  • Attorneys
  • Taxes and fees
  • Registering a title
  • Title research
  • Financing
  • Filling a company
  • Bringing a criminal to court

Also read our Belize Residents Safety Guide with many useful tips.

My contact e-mail for serious inquiries only, please.
belize @ guidetobelize . info

Guide to Belize,  September 2021



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