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Belize Real Estate is Open for Investments
1. Belize Real Estate is Open for Investments
If you are thinking about investing on
real estate somewhere in the Caribbean
then the best answer for you would
be Belize real estate properties.
Just how open is Belize with
investments? Belize is actually welcoming foreign investors to put down their money on
real estate in this developing country. By far, Belize is the most progressive nation in
Central America, and its real estate market has experienced a surge on sales over the
past decade. While at the same time, the arrival of tourists in the country per annum has
greatly increased since 1998.
In Central America, the expatriate capital is in fact Belize. Having an increasing
population of expatriates, this country has a very diverse population. You will be
surprised with the different locals from varying backgrounds mingle and live in peace.
Despite the mix of races, the crime rate in Belize is pretty low and the ancient Mayan
tribes are still surviving and living in their own traditional ways without harming
nature.
Affordability is one great factor that makes Belize real estate the most coveted properties
in Central America. Purchasing a beachfront property here won’t have to mean you
should empty your life savings. People who thought they don’t have the ability to own a
vacation home anywhere were actually able to own one here!
The economy of Belize is pretty stable, and their currency is pegged to the US dollars
2. with a ratio of 2 Belizean dollars to 1 US dollar. Investors don’t have to worry about
capital gains tax or inheritance tax since these things don’t exist in Belize. The property
tax here is very low and only amounts to about 1% of the total worth of an undeveloped
land. That is why Belize is considered as a tax haven. They have less to no taxes when it
comes to investors.
Retirees also have a lot of benefits if they want to invest on a retirement future in Belize.
The Qualified Retired Person program gives them the incentives and perks of being
exempted from taxes such as income tax and import tax. They can also include their
spouse and dependents in the program, if that wasn’t enough, while the requirement to
qualify is pretty minimal that you only have to be at least 45 years of age to apply.
There are a lot of developments here in Belize such as newly paved roads and additional
constructions like an airport. The number of communities has also increase for people
looking for vacation homes or a home to live in permanently.
The best community to invest on would be Sanctuary Belize. Bearing the most attractive
natural environment and luxurious homes at affordable prices, who wouldn’t want to
have their own piece of paradise here?
Sanctuary Belize has world-class amenities such as a private resort and spa that caters to
residents and guests from their very own five boutique hotels within the community.
They also provide a Caribbean life in paradise with the convenience of urban living. So,
why not be open on investing in Belize real estate?