Cerros Sands, the premiere community for retirees and investors in Corozal District, is now offering Belize real estate financing.
Cerros Sands is located on the gorgeous Cerros Peninsula in northeastern Belize on the shores of the beautiful Chetumal Bay. An attractive selection of completed homes and seaview, beachview, beachfront, and deep water channel access parcels are available starting at just $27,700.
Here’s a sample of the rates available for an amortization period of up to 15 years:
- Downpayment of 25% – 8% interest.
- Downpayment of 30% – 7% interest.
- Downpayment of 40% – 6% interest.
- Downpayment of 50% – 5% interest.
There are also deep discounts for full cash payments!
Why Invest in Belize?
All four of the biggest American airlines and two of Canada’s largest airlines all now offer non-stop flights to Belize from dozens of major cities, making it easier and more affordable than ever to visit Belize as well as stay in touch with businesses, family, and loved ones back home.
Belize is also undergoing a tremendous boom in tourism with 10% or larger increases year over year. The government of Belize imposes zero restrictions on foreigners buying, selling, or renting property. Many investors are capitalizing on the growing tourism market by renting choice properties to visitors.
The government of Belize imposes no capital gains taxes, and property taxes are assessed at just 1-1.5% of the undeveloped value of the land. Belize is also a well-recognized offshore destination with strong privacy and property protection laws. Even non-residents can form an International Business Company (IBC) in Belize which can own, sell, and manage property, making real estate investment an excellent way to protect hard-earned assets.
Belize’s QRP program also makes it easy to gain residency in the country. With just a 30-day minimum presence required annually, individuals who qualify for the QRP program are allowed to import personal items into the country duty-free, including cars, boats, and light vehicles. Furthermore, the QRP program imposes zero taxes on any income earned outside of Belize.
With beautiful year-round weather, fantastic properties, an English-speaking population, and strong property protection laws, Belize is an attractive choice for retirees and real estate investors. The growing tourism market ensures plenty of opportunity for renting and subletting while a business-friendly tax structure protects assets from costly taxes and fees.
Cerros Sands’ financing options make it easy for anyone to buy and own property in Belize.