Best rated real estate agency today in Belize: 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! Find extra details on Ambergris Caye Real Estate.
You are also able to purchase Belize real estate through a Self-Directed IRA or 401K. Be sure to let your RE/MAX Belize real estate agent know if you want to use a Self-Directed IRA or 401K when you are purchasing the property. After the agreement is signed by the purchaser and the seller, a color copy of your passport will be needed as well as a utility bill matching the address on the offer to purchase. If you are purchasing a property with financing, you will have to send the down payment to an escrow account or escrow agent. Even cash sale transactions it is suggested to use an escrow account and closing company.
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.
The farthest from shore of Belize’s three atolls, Lighthouse Reef Atoll is nirvana for nature-lovers and divers. Six cayes surround a turquoise lagoon with gleaming white-sand beaches, coconut palms, and fascinating coral formations. The top draw here is the famous Great Blue Hole, a UNESCO World Heritage Site and Natural Monument. Plunging into the sapphire-toned sinkhole, divers can see bizarre limestone stalactites protruding from the steep walls, and if they’re lucky, the resident school of reef sharks. Half Moon Caye is the most visited caye of the atoll. Also a World Heritage site, the Half Moon Caye Natural Monument is a bird sanctuary that shelters a colony of about 4,000 red-footed boobies and many other species of birds. Nature trails lead to observation platforms with bird’s-eye views of nesting boobies and frigate birds. Visitors can also explore the island’s lighthouse and relax on the beautiful beaches, while divers love the excellent wall dives and abundant marine life around the island.
Belize attractions and climate makes purchasing a house here a tempting project. 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.
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. Read more info on remaxbelizerealestate.com.
