There’s a good reason why so many Americans, Canadians, and even Europeans have been choosing to retire in places like Belize. Year-round warm weather, unspoiled natural scenery, and the right mix of modern conveniences and a relaxed lifestyle make countries like Belize very attractive to retirees.
Belize is truly special. The official language is English, and the country has a stable, peaceful democracy dedicated to protecting personal wealth and the natural environment. Belize has special programs that make it easy to gain residency without onerous in-country time requirements, without any taxes on income from sources outside Belize, and extremely low property taxes.
Don’t take our word for it. Francis Ford Coppola, the legendary Hollywood director, has built two luxury resorts in Belize and will soon open an upscale wine shop. Oscar-winning actor Leonardo Di Caprio, too, also owns an eco-tourism resort in Belize. And the luxury hotel chain Four Seasons has broken ground on a new property in Belize.
The future for real estate investment in Belize is extremely bright. The government has no restrictions or limitations on foreigners owning, renting, or selling property in Belize, and there are no capital gains taxes. Many savvy investors have taken advantage of the huge boom in tourism number (10 percent year-on-year growth) to make a steady income from short-term and long-term rentals.
The procedure for buying real estate in Belize is extremely simple. All documents are in English, and Belize uses fee simple titles to establish ownership. The Belizean currency is permanently pegged to the U.S. dollar at a fixed rate, and you can even sign forms and documents remotely via fax.
Whether you’re looking to retire or simply want to invest in a great vacation home, one of the best places in Belize is the community of Cerros Sands. Located in Belize’s beautiful Corozal District just across the water from the island of Ambergris Caye, Cerros Sands is a true “community in the country” offering homes, condominiums, and waterfront lots starting at just $17,700. Cerros Sands also offers financing at very attractive rates.
Cerros Sands is an oasis of comfort and modern infrastructure in one of the most pristine natural areas of the country. With a thriving expat community and close access to both wild natural areas and the conveniences of the big city, Cerros Sands is a great place to vacation, retire, or invest.
If you’re interested in learning more about buying real estate in Belize, contact Cerros Sands.