50 Rock-Solid Reasons Why You Should Be Investing In Belize Real Estate

by Larry Waight

If you’re looking for a vacation destination where you can escape the demands of modern living, there’s no better choice than Belize. But, those same reasons make it a prime reason to escape the rat race permanently. Whether you’re retiring, privileged enough to work remotely, or seeking out a promising investment opportunity, there are dozens of reasons why you should consider buying real estate in Belize.  

Take an insider visit to Belize before settling down to invest or relocate. Photo by Belize Paradise Tours

To accurately experience the country, you definitely have to step off of the tourists’ path. The best way is to see Belize like a local, which includes the not-so-manicured corners of the country to find what feels most like home. Companies like Belize Paradise Tours offers different packages if you are interested to see the opportunities that Belize has to offer you.

Below are 50 rock-solid reasons why you should consider investing in Belize real estate.

1. English is prevalent, making it easy for foreigners to connect and negotiate real estate deals.

2. It has a huge expatriate community. Europeans and Americans join a huge contingent of Central Americans and others from throughout Latin America.

3. It’s a diverse market. There’s demand in major metropolises like Ambergris Caye, sleepy villages like Hopkins Village, and everything in between.

4. The options are diverse too. Whether you want a condo or a mansion, you can find something reasonable in Belize.

5. The climate is phenomenal. You can expect mild temperatures day to night throughout most of the year.

6. The weather’s great too. Even during the storm season, rain tends to happen overnight and actually create the weather more pleasant.

7. Pre-pandemic, tourism was through the roof. Still, more and more people are seeing Belize as a sensible alternative to more crowded and over-exposed Caribbean countries.

8. And that doesn’t look likely to change. You can generally expect the value of a property in Belize to only grow.

9. It’s easy to reach. Direct flights to Belize are common from some of the biggest airports in the world.

10. Currency rates are set. Two Belizean dollars equal one American dollar, so dealing with financials won’t be a chore.

11. There’s plenty to do. Eco-tourism is one of the most popular reasons people visit Belize.

12. It’s also becoming an increasingly huge wedding destination – a huge asset if you can find the right kind of property for those crowds.

13. You can buy property without citizenship. That’s not always the case, even in other Caribbean and Latin American countries.

14. And you own the property outright. In many countries, ownership of property effectively works as a long-term lease.

15. Property tax is very low too. Whether you’re an investor or a resident, you can save a lot in the long run.

16. Property taxes are also based solely on the value of the land itself. That means that taxes will be the same for a lean-to as they will for an opulent mansion.

17. Rental income is also taxed at low rates. You can expect to pay less than 5% on your rental income.

18. Research is cheap too. You can perform a title search for less than $250 using a legitimate and certified attorney.

19. There are many planned communities throughout Belize designed specifically to support the burgeoning retirement crowd.

20. There’s a general sense of great community throughout Belize. The opportunity to immerse fully in the culture will be a huge appeal to a different segment of renters and buyers.

21. Belize is on the road to recovery with Covid-19. Our Safe Corridor and Gold Standard system for travelers is being praised internationally for its effectiveness. 

22. The Belize Tourism Board is highly active internationally and is aggressive in its promotion of the real estate industry.

23. The Belize government is similarly interested in tourism and immigration. It’s sinking billions of dollars into such developments.

24. Sustainability is an important concern for Belizeans, making it a strategically sensible choice for a long-term investment.

25. It’s home to the Belize Barrier Reef. As the second-largest barrier reef in the world, it’s one heck of a selling point.

26. Belize has instituted a Qualified Retirement Program. Older residents can qualify for some impressive tax breaks and other perks.

27. There are no capital gains taxes, making Belize a promising choice for setting up your business’ next office.

28. And there aren’t inheritance taxes either, adding more credence to the notion that Belize is the best place to retire in the Caribbean.

29. You can travel from the United States to Belize in just a few hours. That will be a huge benefit if you’re looking for a vacation home or find yourself deeply invested in the Belizean real estate market.

30. It’s not close to the saturation point. While plenty of investors are turning their eyes towards Belize, there’s still a large market that remains untapped.

31. There’s no lack of quality real estate brokers. Do your research, and you can find a partner who can help you find the property you’ve been dreaming of.

32. It’s a melting pot. European, Chinese, and other international cultures have blended together with the indigenous people to create a constellation of cuisines that’s truly unique.

33. The food is equally as diverse. That blend of cultures means that you can find tastes from around the world, and that includes tastes that you’d be hard-pressed to find anywhere else.

34. Belize is economically stable. Its exchange rate hasn’t undergone any major fluctuations in over a quarter of a century.

35. It’s also politically stable. Since its foundation in 1981, the country has remained a consistently progressive democracy.

36. It’s an affordable market. Even apart from the tax breaks, you can expect to get a great deal on land and houses.

37. It’s close to Miami. The two-hour distance means that it’s only likely to grow as a destination in the years to come.

38. There’s still plenty of room to stay away from the action. Most of Belize is still largely unspoiled wilderness.

39. Beach property is easy to find. If you’ve always dreamed of living by the shore, there’s no lack of opportunities in Belize.

40. It’s perfect for exploring the region. Belize is ideally located in Central America for exploring other countries in the area.

41. Finding financing is easy. That stable economic and political climate means that there are plenty of international banks willing to loan money for real estate investment in Belize.

42. But there are plenty of local financing options as well. You’ll find no lack of local banks that you can trust.

43. They tend to be generous, too. The average investor can get 50% coverage of a property’s value for only 10% of the property’s value upfront.

44. There are plenty of local events as well. From Carnaval to Easter, there are plenty of recognized festivities that do a great job of drawing crowds to Belize.

45. And that includes lesser-known cultural events as well. If you really want to get to know Belize, you’ll need to get to know Baron Bliss Day and appreciate the mix of aromas that come to typify Belize’s months of lobster festivals.

46. Belize has been endorsed by The Wall Street Journal as one of the best values in Central America for real estate investment.

47. It’s gotten similar praise from The Boston Globe, which has showered praise on the transparency of the housing market in Belize.

48. Belize borders Mexico, and settlements like Corozal Town are becoming increasingly popular for ex-pats because of their proximity to that border.

49. Infrastructure is a high priority for the Belizean government. As more tourism dollars sink into the economy, you can expect to see the modernity – and subsequently, the real estate value – of Belize continues to rise.

50. The population is still low. And while that means that the real estate market has plenty of room to grow, it also means that it’s still easy to get privacy and solitude.

There are plenty of reasons to invest in Belize property and a surprising few reasons why you shouldn’t. But that doesn’t mean you should jump in without thinking. Caribbean Lifestyle can help you navigate the market and find the perfect real estate to invest in.  

Related Articles