This is all good news for real estate investors and anyone who has ever asked, “Why retire in Belize?” Double-digit yearly increases in tourist numbers and the government’s commitment to open a second international airport are expected to drive demand for vacation rental properties. This increase in vacation rental demand has opened up Belize real estate opportunities for expats wanting a safe harbor for their assets and a great way to ensure a return on their investment.
Belize is a small country on the Caribbean coast of Central America that warmly welcomes expats and foreign investors. Indeed, there are no restrictions on foreigners owning or renting property, the government imposes absolutely no capital gains taxes, and property taxes are just 1.5% of the undeveloped value of the land.
Best of all, English is the official language in the country, making it easy to buy Belize real estate. You’ll never need to worry about expensive translations, and the process for purchasing real estate is almost identical to that in Canada and the United States. Following a standard title search, buyers are given a fee-simple title, and documents can even be signed and exchange remotely via fax.
If you’re interested in retiring to or investing in this rapidly developing country, consider Belize real estate with Cerros Sands, a true “community in the country” located in the Corozal District directly across the water from Ambergris Caye. Featuring entirely self-sufficient, “off the grid” properties, Cerros Sands is a master-planned, gated community that perfectly blends the idyllic Caribbean lifestyle with all the modern conveniences of the United States.
Cerros Sands has completed homes and condominiums for sale, and private financing is available at competitive rates. Cerros Sands also has waterfront and beachfront lots for sale starting at $17,700 as well as lots with deep water channel access, perfect for watercraft owners who want to sail in Chetumal Bay. Cerros Sands also offers property management services for owners who wish to use their holdings as vacation rental properties for the growing luxury travel market.
If you’re looking to retire in Belize or want to learn more about Belize real estate, contact Cerros Sands today.