Have you have been flirting with the idea of buying overseas property and now find you’re in a financial and emotional position to act on that aspiration? You’ll be interested in what Forbes magazine journalist Kathleen Peddicord had to say recently about your timing. While the U.S. investment market has been “volatile,” she asserts, hard assets like real estate offer investors a long list of advantages, including these five:
1. Overseas property “comes at a discount for U.S. dollar-holders right now.”
2. Real estate abroad can provide income while the U.S. economy settles down.
3. Investors reap tax advantages (you don’t have to report this asset to the IRS).
4. U.S. courts can’t seize foreign property owned by U.S. citizens.
5. Find your place in the sun and you’ve got a ready-made rental or vacation asset.
Where Savvy North Americans Are Investing
The unmistakeable Baron Bliss Lighthouse in Belize City. Image courtesy Azain Medina/Vista Real Estate
There are a number of reasons real estate investing in Belize has skyrocketed. It has plenty to do with countless opportunities to get in on developments that are not just affordable but made to North American standards. Additionally, everyone in Belize speaks English, and investors are just a few hours away from cities like Miami and Houston. Plus, the nation’s Qualified Retirement Program is unlike any other in the hemisphere. And best of all, many ex-pats of all ages live in Belize.
A ready-made community awaits. Curious? Check out these two properties, proudly listed by Vista Real Estate:
Just Reduced: Farmland in Consejo, Corozal District
Whether you plan on launching your own working farm, you have your eye toward future development, or you can’t resist the US$180,000 price tag, this 23.86-acre parcel of well-maintained land could be your ideal place. Take advantage of the super-fertile soil for planting crops like corn, melon, beans, watermelon and more. An irrigation system, via a commercial-grade water pump , is already in place and ready to get your crops up and growing.
This parcel is fenced in with barbed wire and offers the new owner 1,050-feet of road frontage plus two 55-foot-deep industrial wells. Grazing land—for an owner eager to keep farm animals—consists of four different types of grass: bombasa, estrella, sacate morado, and alfalfa. This Belize property also has access to electricity and a small building the can serve a caretaker’s accommodation. A modest number of chickens, cows, turkeys, and roosters already co-exist peacefully on the land.
You won’t be cut off from the world. Travel just 15 minutes to Corozal Town for all your needs. Sound like your idea of a peaceful kingdom? The price is right and may not stay on the market long, so if you’re interested, contact Vista agents here.
Just Reduced: A Waterfront Lot With a Price You Must See to Believe
Has living on the water been the your “impossible dream”? How would you feel about owning ¼-acre of Belize lagoon coast for just US$45,000? You read that right; this recently reduced parcel of undeveloped land gives you 11,131-square feet of waterfront property, nestled inside a lush littoral forest in Northern Belize’s bucolic Progresso Heights community.
This property includes both road and electricity access, but what’s most likely to win the heart of the lucky purchaser is the 60-feet of lagoon frontage. Developing this parcel comes with plenty of incentives, including an easy-to-navigate legal system based on English law. And since there are no capital gains or inheritance taxes–and real estate taxes are minimal–shoppers are often surprised to learn that foreign investors in Belize can enjoy ownership rights that match those of citizens.
Ideally located, safe, and peaceful, Corozal Town is just a 30-minute drive away—if you can bear to tear yourself away from this waterfront haven long enough to run errands. See more here.
Contact Vista to Find Your Dream Belize Property
Whether you’re interested in either property or you are so intrigued you want to learn more, Vista Real Estate professionals would be delighted to introduce you to a variety of property options, carefully curated to fulfill your dream of Belize property ownership. Call an agent at +501 223-2427, even if you’re just curious. That one phone call could be the beginning of the best move you’ve ever made!
All photos © Vista Real Estate
