Belize can be found in Central American on the eastern coast, which is bordered on northern Mexico to the south-west border by Guatemala along with Belize. Caribbean Sea is on its eastern border. Belize covers an estimated of 22,800 square kilometers with a population at 387,000 (2017). The country is home to numerous ecosystems, and a variety of marine and terrestrial life.
Belize is an extremely diverse country with a variety of cultures as well as social and language interactions that highlight its rich perspective on the world and Central America. Belize’s official language is English and is in fact it is the only English spoken nation within Central America, but other languages like Kriol is widely spoken , along with other languages such as Spanish, German, Mandarin Garifuna, and the African-based Garifuna are just a few of the languages that you’ll encounter in Belize.
Due to its diverse culture along with its strong economy and welcoming climate, Belize is an excellent real estate option for those seeking a safe real estate investments. Belize is a country that allows the investment of real estate for both private and institutional investors with an enabling law. Below are some advantages you’ll receive when investing into the state of Georgia.
Tax incentives: Belize gives the possibility of a 10 year tax vacation for investors in Belize real estate. If you require land for development of real estate or you are planning to establish an agricultural-industrial plant, you are able to collaborate with a qualified tax advisor to make the most of this tax incentive.
An investment environment that is favorable: Belize is an investment destination where your investment will be protected. Belize’s export processing zones adhere to international best practice and offer additional incentives to attract foreign and local investors to invest in Belize.
The cost of living is low. One of the main reasons for property investment market for many Belize residents is that it costs less to live in Belize in comparison to the rest of the world. It is guaranteed that you will live comfortably with a budget of up to $1000 per month, and your pay-per-hour and wages are not too bad.
Protecting assets for foreign investors When you invest on Belize property is protected by security by the state because of applicable legislation to ensure the security that your money is protected.
Real estate investments are low: A beachfront house in Belize could cost as little as $100,000, as opposed to the exorbitant initial investment costs in other countries.
Location advantage: Location is essential in real estate investment. Belize is a popular destination and its position at the heart of Central America is worth the investment. It’s just a quick trip by plane from major international airports within the US and the surrounding countries. It is a great transportation hub which includes land and sea. The favorable climate enhances the benefits of the location.
The best place to retire Many retirees will discover Belize appealing as a location to live their lives with no worries. If you can afford low-cost housing will protect your investment in real estate for ongoing income generation, and provides a reasonable costs of living. There is also an additional law known as the Qualified Retired Persons Incentive Act 1999, which protects the real estate investments of retirees around the globe in Belize.
RE/MAX Belize Real Estate
Mahogany Bay Village, San Pedro, Belize