Belize is rapidly becoming one of the hottest real estate destinations in the world thanks to a year-round warm weather, easy access to the United States and Canada, and a rising demand for rental properties.
If you’ve ever thought about retiring or investing abroad, here are the four best reasons to buy Belize real estate in 2018.
From now until 2030, an estimated 80 million Americans are set to retire. Belize, as an English-speaking country reachable by non-stop flight in five hours or less from major cities across America, is increasingly becoming a popular option.
Belize offers retirees the chance to enjoy the beauty of the Caribbean, a low cost of living, and a spectacularly beautiful landscape that includes beaches, islands, rainforests, and mountains in a small country about the same size as Vermont.
Many people are buying real estate in Belize purely for its investment potential. Belizean law places no restrictions on foreign ownership of property, and the booming tourist industry makes it easy to get a high return on equity. Belize is also famous for its low property taxes, the absence of capital gains taxes, and an easy path towards gaining residency.
Another popular option in Belize is owning a second home or vacation property. Where else but Belize can you enjoy fresh-caught fish on the coast in the morning and bird watching deep in a pristine rainforest in the afternoon?
As a former British colony with an English-speaking judiciary and a stable parliamentary democracy, Belize offers foreigners the ability to safely diversify their assets. Setting up an offshore company is easy, and Belize’s currency is permanently pegged to the U.S. dollar, making the country a great way to protect assets from capricious governments and unforeseen economic difficulties.
Cerros Sands is a true “community in the country” located in Belize’s beautiful northern Corozal region. A master-planned, gated community, Cerros Sands has a lively expat community and is entirely self-sustainable and “off the grid.”
As the property market continues to heat up, now is definitely the time to act. Only two beachside parcels are left, and the parcels with deepwater channel access are also going fast.
If you act now, you can participate in Cerros Sands’ Fly and Buy program that will refund up to $2,000 in travel costs for individuals who buy property in the community, but this program expires on April 1, 2018. Cerros Sands also provides financing at very attractive rates.