Commercial real estate agency today in Belize by Ambergris Caye Real Estate: 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. Our regional office is located in San Pedro Town on Ambergris Caye, Belize. If you are looking to secure your dream home in paradise or invest in one of the top emerging markets in the region, RE/MAX Belize Real Estate is here for you. Find additional information at Belize real estate.
You also want the Closing Company to look over the proposed purchase agreement, making sure the information is correct and ensuring it’s in full compliance with the local and governing laws of Belize. A Closing Company is particularly important if you are choosing to finance a property with the seller because a payment processing company is often needed. It is also common in Belize for a closing company to use an Escrow Agent and/or Escrow Account. This helps to protect the buyer and the seller during the real estate transaction. Since most real estate transactions in Belize are done in USD it is common for the Escrow Account to be in the US and with a US Bank account.
In Belize, not all properties and real estate have “fee-simple titles.” A lot of condos will use Strata Title or Co-Op Share ownership which is a less desirable form of property and real estate ownership in Belize. When buying land or property in Belize, you will be shocked to learn how inexpensive and cheap the property taxes are. Most property taxes are 1% to 1.5% of their assessed value. What is even more appealing is that property or land assessments are usually far less than the actual resale value. For example, property taxes for land around Belize Secret Beach start at $75 per year. Property taxes in Mahogany Bay are $108 per year.
Altun Ha is one of Belize’s most famous ruins and is easily accessible from Belize City. Mayan for “Rockstone Pond” or “Water of the Rock,” Altun Ha was an important trading post and ceremonial site as well as an agricultural center. Visitors can explore 13 temples and two main plazas at the site. The Temple of the Masonry Altars, dating from the early 7th century, is the largest of the temple-pyramids and the most significant structure. Visitors can climb to its top for beautiful 360-degree vistas. Excavation of the Temple of the Green Tomb uncovered the crypt of a Mayan priest-king, and many of the accompanying artifacts remain intact, including pottery, pearls, jade pendants, and stingray spines used in Mayan bloodletting rites. A famous discovery at Altun Ha is the Jade Head. This sculpted mask of the Mayan Sun God is the largest carved jade object found in the Mayan area.
Belize attractions and climate makes buying a property here a sweet project. Imagine living permanently there… the joy. One of our most common questions is ‘Why Buy Real Estate in Belize?‘ and ‘Why Should I Visit Belize Over Other Topical Destinations?’, once you visit the country you will see why thousands are flocking to the tropical paradise and the island of Ambergris Caye. Buying a second home in Belize is viable investment idea as well as a sensible tax reduction step. You are exempt from capital gains tax if you have lived in the home for 2 years before selling. If you take out a mortgage in Belize, you can deduct mortgage interest and property taxes from your tax liabilities. There are a number of great Belize properties available throughout the tropical country of Belize, many of which are perfect vacation properties. If you are looking to buy or invest in Belize real estate contact Will Mitchell at Belize Secret Beach.
Do I Require a Visa to Travel to Belize? There is no Visa or Travel Visa required when traveling to Belize. When you enter Belize (by air, land, or sea) you are issued a tourist visa for 30 days. You can renew this visa every month at a local immigration office. Some countries have a maximum of 30 days without a visa and no visa is required for Belize travel. Please keep in mind that while a visa is not required, travelers to Belize must have: Hold a valid passport that is still valid for at least six months on entry; the passport must have one blank visa page; hold proof of onward/return flights; Hold all documents required for the next destination (if you are connecting to somewhere else); You may be asked for proof of sufficient funds relative to your intended length of stay.
Foreigners can own property in Belize as an individual or through a Belize Chapter 250 (Limited Liability Company) or with an International Business Company (IBC). A property (like Belize land) will have a title that would be issued by the lands department. Condominiums in Belize are purchased through a “Strata” title or co-op share ownership. There are a few types of property ownership in Belize and it is important to learn the differences.
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. Discover extra information at https://remaxbelizerealestate.com/.