Buying Property For Sale in Belize
If you are looking at buying property in Belize; before things get back to EXPENSIVE, now is the time to get your choice lot and location, location, location secured. If it’s for sale in Belize, the Peninsula Club should be at the top of your Belize real estate locations to consider.
Buying Real Estate: Easy Ownership
Real estate values in Belize have increased at an impressive rate over the past five years. More people looking to stretch retirement dollars are considering Belize as investors still have an opportunity to ride the wave in Belize. Real estate values in Belize are on the rise, averaging almost 20 percent a year across the board so now is the time to get ahead of the surge. Foreign citizens receive the same property rights as Belizean citizens with no restrictions placed on foreign buyers. The system is based on British common law. Additionally, there are no capital gains taxes or inheritance taxes in Belize. When you purchase property in Belize, you have full title just as you would in the U.S. or Canada. All transactions and documents are conducted in English and fees and other expenses for purchasing property come to approximately six to seven percent of the purchase cost. Annual property taxes in Belize are some of the lowest in the world, at only $100 to $300 per year.