Because of the vast selection of landscapes and reasonably priced real estate on the market, investing in real estate in Belize presents a fantastic opportunity for foreigners.
Why would I want to live in Belize?
Belize is the ideal destination for nature lovers. The largest living barrier reef, countless Maya ruins, fascinating limestone caverns, the gorgeous Victoria Peak, the great blue hole, numerous breathtaking waterfalls, and the famed cockscomb basin are just a few of Belize’s many exquisite natural features. Belize is most renowned for being one of the most welcoming countries in the world with a diverse population of cultures.
The only seasons in Belize are wet and dry because it is in the Caribbean. The temperature often fluctuates between 73 and 82 degrees Fahrenheit, although it can potentially reach 100 degrees or lower and rise to 72 to 60 degrees. As English is widely spoken in Belize, relocation is made considerably simpler.
Is Belize a good place to retire?
Belize boasts one of the best retiree programs in the world. The Belizean government grants qualified individuals a tax exemption on any income earned from sources located outside of Belize under the Qualified Retired People (QRP) Program. As long as the currency rate stays at BZD 2 to $1, there is no need to be concerned about it often fluctuating.
Being relatively close to most states, Belize also makes visiting relatives and friends back home convenient and hassle-free. This is made possible by the several international flights that fly into and out of the Philip Goldson International Airport every day.
Why purchase a home in Belize?
Foreigners are currently not subject to any limitations when renting, selling, or purchasing real estate in Belize. Property taxes are typically minimal and are levied at 1{bd6e1460d159bae4c2bace4a65bfaaced23c7b70945f3430442490ecdd4e838d} or less of the land’s unimproved value. Purchasing real estate in Belize is simple with Belize Real Estate.