Real estate experts today in Belize by Ambergris Caye Real Estate: Full Foreign Ownership: Belize practices British Common Law and allows for full-foreign ownership. Belize also has a fee-simple title. In Belize, forigners have the same ownership rights as locals. There are a variety of real estate opportunities and investment properties in Belize. If you’re considering making a real estate investment or buying a property in the booming Caribbean market of Belize, the team at RE/MAX is here to help. Learn how you can own and invest in Belize real estate and find your perfect property in paradise! Discover extra information on Belize real estate.

When writing an offer or agreement, make sure you add any contingencies, clauses, or addendums you require. Or include details required for the closing and include any additional services needed for the property transaction to go through. In Belize, we do not have traditional home Inspectors or property appraisals. If required, you can an hire engineer or trusted home builders to inspect the property of interest and write up a report. If you are purchasing raw land, you can request a copy of the land title and/or a property survey.

Foreigners and Non-Belizeans are able to purchase land, real estate, and property in Belize. The full title of the land and property is granted to non-Belizeans just the same as it is given to Belizean nationals. Belize is one of the only countries in the region with fee-simple land title ownership and full-foreign ownership. Even though Belize has full foreign ownership and foreigners are able to own Belize land with a fee-simple title, there are a few types of Belize property ownership that buyers and investors should be aware of and not all types of property ownership in Belize are equal.

Belize brims with natural beauty. A top spot for eco-tourists, this fascinating country lies in Central America, between Mexico and Guatemala, and was known as British Honduras during its colonial days. Few countries offer such a rich diversity of ecosystems packed into a relatively small area. In addition to the world’s second largest barrier reef, Belize is home to dense jungles with howler monkeys and jaguars, mountain pine forests, palm-fringed beaches, bonefish flats, rivers, caves, and coral atolls rimmed by fish-rich reefs. Not surprisingly, diving and snorkeling are superb. The Great Blue Hole is a UNESCO World Heritage dive site, and anglers flock here from all corners of the globe for fantastic flats fishing and deep-sea adventures.

Belize attractions and climate makes buying a property here a sweet 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%.

If you will be staying and visiting Belize longer than 30 days, you will need to visit an Immigration Office to extend your stay in Belize. Most towns and destinations have a local immigration office that can facilitate the process and renewal. The permit required to extend your stay in Belize beyond 30 days is the ‘Belize Visitor’s Permit Extension.’ All U.S. citizens traveling to Belize must have a valid passport. Belize does not require US Passport Holders to apply for or have a visa. There are no visas required for citizens of the United States for tourist visits of up to 30 days.

Buying Belize Real Estate is very easy and the process is much like in North America (USA & Canada). Belize is one of the few countries in Central America & the Caribbean where foreigners enjoy the same property ownership right as nationals in land ownership and tenure. When a foreigner buys property in Belize, they own it outright with a fee-simple land title. The preferred practice of owning Belize real estate is through a fee-simple title which is clear title freehold ownership.

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. Discover more details at https://remaxbelizerealestate.com/.