Premium real estate experts in Belize right now: The Location & Climate: There are many reasons people are drawn to Belize, but most of all they are drawn to the tropical climate and the vibrant culture. Belize is also very accessible from the US & Canada. There are a variety of real estate opportunities and investment properties in Belize. If you’re considering making a real estate investment or buying a property in the booming Caribbean market of Belize, the team at RE/MAX is here to help. Learn how you can own and invest in Belize real estate and find your perfect property in paradise! Discover more details at Remax Belize.
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.
In Belize, when you buy land that has a title, the original or certified copies of Belize land documents registered with the Lands Department are issued as proof of ownership. The land title will have either the owner’s name or a corporate entity (like Chapter 250 or IBC). In Belize, for a land transaction to take place proof of ownership is required. The Closing Company and Real Estate agent will request records for the land with the Department of Land and Survey. This office provides information on who the land title is registered to (the owners), whether it is held in a corporation or individual name, and checks if there are any restrictions on the use of the land. They will also ensure there are any liens or encumbrances on the property.
Cockscomb Wildlife Sanctuary is a haven for nature buffs. The mountainous tropical forest here protects an impressive array of wildlife including jaguars, ocelots, pumas, anteaters, tapirs, monkeys, and snakes, although sightings of the cats are rare. Birders will also love it here. Toucans and scarlet macaws are among the 290 species recorded in the preserve. The best way to explore the sanctuary is on the extensive web of trails. The Waterfall Trail is one of the most popular with a cascade and swimming hole, while Ben’s Bluff Hiking Trail is more challenging but offers rewarding views of the basin. Guided tours are also available. Be sure to wear protective clothing and take plenty of water.
Belize attractions and climate makes buying a house here a sweet thought. 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.
U.S. citizens traveling with a minor may be asked by Belize immigration officials to show U.S. birth certificates. When children and minors are not traveling with both parents, immigration officials (in any jurisdiction) often request signed documentation to establish the children are traveling with the permission of both parents. Examples of documentation may include notarized letters from the parent(s), custody or adoption papers, or death certificates in situations where one or both parents are deceased.
There are a lot of opportunities in Belize and a diverse real estate market. In Belize, we do not have a formal MLS, so a real estate agent’s job is a little different. If you are looking at buying or investing in Belize, a Remax Belize real estate agent can help with the search. After the Belize real estate search, and once you find the property you want to purchase, the next step is to put in an offer or draft up an agreement of sale. The real estate agent will require your full name and address to be able to draft up the agreement/offer.
With decades of experience in Belize Real Estate and working with RE/MAX Will has helped hundreds of clients find their dream homes or investment properties while personally being invested in numerous deals in this market. After years of experience in Belize and working with RE/MAX Will took on the role of “Regional Owner” for RE/MAX in Belize in 2019. Growing not only RE/MAX in the region but the global awareness of Belize. Find additional details on https://remaxbelizerealestate.com/.