Top 10 Reasons to Invest in Belize

by McNab Editorial Team

1. English Official Language

Belize is the only English speaking country in Central America; therefore, all paperwork, documents, and contracts are written in a language you’ll be able to understand.

2. The process is straight forward

Buying property in Belize is an uncomplicated procedure. Foreigners will be sure to find that purchasing real estate in Belize is cheaper compared to other parts of the world.

3. Taxes

Property taxes are extremely low, as of 1% to 1.5%. Belize imposes no capital gains taxes and no income taxes from property; therefore, your hard-earned money is protected.

4. Property Options

Property options are endless. You will be sure to find something just for you – private islands and cayes, sea/beachfront views villas, riverfront condos, etc.

5. Belize’s Qualified Retirement Program (QRP)

A program created for those forty-five years and older who wish to live/retire in Belize. Eligible individuals will receive a number of benefits such as:

  • Import and household effects free of import duties or taxes
  • Import one motor vehicle every five years, also exempt from all custom duties and taxes
  • A personal purpose vessel can also be imported

6. The beauty of the country

Blue seas, white sandy beaches, and tropical weather surrounds Belize, making it the perfect destination for snorkeling trips, diving, fishing, and swimming. Belize also has many landscapes to offer, such as lush jungles, mountains, and waterfalls, giving the country its unique identity.

7. The currency

The currency conversion is 2:1; 2BZD = 1US. Most businesses in Belize accept US dollars

8. Environmentally Responsible Nation

Belize’s initiatives to protect and conserve wildlife and marine ecosystems are impressive. After all, the country is considered to be “Mother Nature’s Best Kept Secret”. Belize has remained an unspoiled haven.

9. The Culture/Food

Belize is a melting pot of culture. To be exact, there are seven different ethnicities in Belize (Maya, Mestizo, Garifuna, Creole, Chinese, East Indian, Mennonites). Each incorporates their exotic touch to local dishes making each dish burst with flavors which will entice your taste buds enticing. There’s so much to learn from each culture.

10. Flight Duration

A lot of airlines are making Belize a very common travel destination because the proximity of Belize to the US is very close. Belize also shares US time zones. Flights usually take about two hours to places such as Miami and two and a half to Houston.

Written by Vivian Lizarraga

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