Residential real estate offers in Belize by Ambergris Caye Real Estate
Top rated residential real estate opportunities today in Belize: Favorable Taxation: Belize has no capital gains tax, low corporate tax, and very low property tax making it a favorable investment destination. Belize also does not have any inheritance tax when passing property to loved ones. Belize is one of the top emerging destinations in the Caribbean & Central America Region. RE/MAX Belize is one of the leading Belize real estate experts. With over 100 agents and offices country-wide. If you are looking to own or invest in Belize Real Estate trust the team at RE/MAX Belize. Nobody in the world sells more real estate than RE/MAX! Discover more information at Belize real estate.
Once all the legal processes and closing have been completed along with a title search and closing documents. The legal documents are signed by all parties and original copies are sent to the purchaser. With a financing agreement, the seller will carry the note on the property (similar to a bank in the US). If it is a cash sale agreement, all original documents will be sent to the purchaser (the new owner of the property). If the property is not in an IBC there is a one-time Stamp Duty Fee of 8% paid to the Government of Belize (GOB). Stamp/Transfer Tax is a tax of 8% on the total sale price and the Government of Belize gives you the first $10,000.00 USD exemption. GOB reserves the right to reassess the Stamp Tax and if they feel you paid too little for the Belize property, if this is the case the purchaser will require you to pay the difference.
If you’ve bought land or a house in Belize, it’s likely you own the property outright with a fee-simple title. If you own a property with a fee-simple title you will have a physical copy of the land title from the Belize Department of Lands. A fee-simple title is the strongest form of property ownership and means that you own the “real property”. Belize is one of the few countries in the Caribbean & Central American region that allows for full foreign ownership with a fee-simple title.
Lying in a valley between the Mopal and Macal Rivers, San Ignacio is a great base for exploring the tourist attractions of the Cayo District. Top on the list here are the archaeological sites. Xunantunich, perched on a limestone ridge overlooking the Mopan River, is perhaps the most famous. El Pilar is one of the largest archaeological sites in Belize, but little of its history is known, since excavation only began in 1993. Visitors can explore the ruins and surrounding jungle on the vast network of nature trails. Close to San Ignacio, the popular Cahal Pech Archaeological Site is relatively small and includes an excellent museum. For a subterranean adventure, visitors can explore Che Chem Ha Cave and the Actun Tunichil Muknal Cave, which shelters skeletal remains and Mayan pottery vessels. At Barton Creek Cave, adventure seekers can canoe or tube-float along a river that flows through the cave for about one and a half kilometers. Other highlights in the region include the Chaa Creek Nature Reserve and the Iguana Conservation Project, where visitors can cuddle these charismatic creatures. San Ignacio is also a launching point for adventures into the beautiful Mountain Pine Ridge Reserve.
Belize attractions and climate makes buying a property here a tempting project. Imagine living permanently there… the joy. The most developed spot is Ambergris Caye, which is the largest Island. Properties on the beachfront can be found for affordable prices starting $290,000. You can find even cheaper prices a short distance from the beachfront. For example, $199,000 will get you a two-bedroom, one-bath condo on 750-square-feet. If you are looking for good value real estate, Belize is the place to buy. If you are looking to buy land to develop on or hold out for property appreciation there are a number of options for affordable real estate in Belize, for more information about Belize property prices and the affordability of buying and living in Belize contact Will Mitchell at REMAX Belize Secret Beach.
Visitors who are citizens from the United States and its territories, Canada, the United Kingdom and its territories, European Union, Caribbean, and Central American countries do not require any visas when traveling to Belize. For visitors driving/boating into Belize from Guatemala or Mexico, a temporary importation permit for the vehicle (boat or vehicle) must be secured at the point of entry. This permit is valid for 30 days. No specific immunizations are required for visitors to Belize.
Buying Belize Real Estate is very easy and the process is much like in North America (USA & Canada). Belize is one of the few countries in Central America & the Caribbean where foreigners enjoy the same property ownership right as nationals in land ownership and tenure. When a foreigner buys property in Belize, they own it outright with a fee-simple land title. The preferred practice of owning Belize real estate is through a fee-simple title which is clear title freehold ownership.
Will prides himself in providing outstanding service to buyers and sellers. Making it his business to truly understand each client’s unique needs, personal preferences, and style. Using those insights, along with detailed market reports and customized marketing plans, helps them find the perfect property in Belize. Dustin Rennie first came to Belize in 2015. Since arriving in Belize and the island of Ambergris Caye, Dustin has seen the opportunity Belize has. Working alongside Will Mitchell, Dustin has helped grow RE/MAX Belize into what it is today. Dustin Rennie (along with Will Mitchell) hails from Canada, seeking an escape from the frigid northern winters. Belize has offered far more than just a desirable climate, with opportunities ranging far outside just real estate. Find additional info at https://remaxbelizerealestate.com/.
