Residential real estate solutions Belize 2023 from Ambergris Caye Real Estate

Best real estate opportunities in Belize: Vacation Rentals & Cash Flow: Belize is an emerging market that has not seen the overflow of hotel developments. There are also no rent controls or restrictions on vacation rentals, creating cash flow investment opportunities. 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! Discover additional details on Belize real estate.

If a property is held in a corporate entity like an IBC all the shares will be transferred to the purchaser. IBC property ownership means there is no stamp/transfer tax and the transfer of ownership is much faster. To learn more about the closing process for land and properties held in an IBC vs not in an IBC contact us at RE/MAX Belize. In Belize, you own a property outright with a fee-simple title. Foreigners have the same ownership rights as locals. If you are interested in Belize property and/or buying Belize real estate, contact us at RE/MAX Belize! We are here to help with your Belize real estate search. We can help find your dream home in paradise or investment property in Belize!

In Belize, when you buy land that has a title, the original or certified copies of Belize land documents registered with the Lands Department are issued as proof of ownership. The land title will have either the owner’s name or a corporate entity (like Chapter 250 or IBC). In Belize, for a land transaction to take place proof of ownership is required. The Closing Company and Real Estate agent will request records for the land with the Department of Land and Survey. This office provides information on who the land title is registered to (the owners), whether it is held in a corporation or individual name, and checks if there are any restrictions on the use of the land. They will also ensure there are any liens or encumbrances on the property.

The Mountain Pine Ridge Forest Reserve offers a soothing contrast to the tropical humidity of the coast. The higher elevation here keeps daytime temperatures cool and offers a welcome respite from mosquitoes. Hiking among the pine forests, visitors can explore cool gushing rivers, waterfalls, pools, and caves, although in recent years, the pine beetle has devastated many of the trees. One of the top attractions within the reserve is the Río Frio Cave & Nature Trail, once used by the Maya as burial grounds. A river runs through the center of the cave. At the Five Sister Falls, five cascades spill into a beautiful pool. For a refreshing dip head to Río On Pools where small waterfalls connect a series of pools carved from granite boulders. The slabs of rock are great for basking in the sun after a swim. Also called Hidden Falls, Thousand Foot Falls are surrounded by hiking trails. Visitors can enjoy beautiful views of the area from the observation platform here.

Belize attractions and climate makes buying a house here a sweet project. 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%.

U.S. citizens traveling with a minor may be asked by Belize immigration officials to show U.S. birth certificates. When children and minors are not traveling with both parents, immigration officials (in any jurisdiction) often request signed documentation to establish the children are traveling with the permission of both parents. Examples of documentation may include notarized letters from the parent(s), custody or adoption papers, or death certificates in situations where one or both parents are deceased.

Before buying in Belize, make sure you know the area that is best suited for you, your lifestyle, and your investment goals. Check out the different areas and districts in Belize; Ambergris Caye, San Pedro, Caye Caulker, Cayo, Placencia, etc. Belize has a robust landscape from the island beaches of Ambergris Caye to the jungle mountains of San Ignacio. When searching for Belize property, decide what is most important to you; the beach, mountains, inland, river, etc.

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 https://remaxbelizerealestate.com/.