Unlike many other countries in the region, Belize actively welcomes foreign property investors. Foreign property owners have identical rights to the locals, and property taxes are incredibly low, generally just 1.5% of the unimproved value of the property.
Best of all, the official language in Belize is English, meaning you’ll never need to worry about translations for deeds, property titles, and contracts.
The AARP has estimated that a staggering 80 million Americans will be retiring during the next two decades. Belize is growing as a great place to retire thanks to its close proximity to the United States and Canada (just 2-5 hours flying time), laid-back lifestyle, and year-round balmy weather.
Belize moves at a slower pace, and retirees find themselves out and about much more than they were back in the States or Canada. Plus, there are lots to do all year round in Belize, including festivals, snorkeling, scuba diving, sailing, and exploring ancient Maya temples and palaces deep in the heart of the jungle.
Simply put, the property market in Belize is red hot. The six biggest airlines in North America have all been busy adding new flights to the country, and more and more visitors are falling in love with Belize and making plans to move there. In Belize, foreigners can rent, buy, and sell property with no restrictions whatsoever.
Many investors are moving toward real estate in Belize because the market is moving steadily upwards. Some of the best properties have already been taken by big name Hollywood stars and directors, a key indicator of which way the property market in Belize is moving.
Where else but Belize can you enjoy life in a beach house while gazing out at the sparkling waters of the Caribbean? Or take a stroll through pristine rainforest bursting with colorful bird species and exotic wildlife? Life is good in Belize, especially when you’re sunning yourself on the beach during the winter months.
Belize is rapidly becoming a great place to safely store and protect your assets. Belize has ample opportunities to get in on the ground floor for planned communities, and Belize has strong privacy protections to keep your assets secure. Add in the fact that the government of Belize is heavily investing in infrastructure, and you’ll see why investing in property in Belize is a great hedge against unforeseen economic problems elsewhere.
Cerros Sands is a great place to invest in Belize.