Real estate experts in Belize from RE/MAX: Relocation & Retirement: Belize is frequently ranked among the top retirement and relocation destinations. With retirement incentives like QRP and opportunities to gain residency off-shore. There are a variety of real estate opportunities and investment properties in Belize. If you’re considering making a real estate investment or buying a property in the booming Caribbean market of Belize, the team at RE/MAX is here to help. Learn how you can own and invest in Belize real estate and find your perfect property in paradise! Read even more information at Remax Belize.
Real estate transactions in Belize are in US dollars and use a US escrow agent or account (a US account or US intermediary is needed for any transaction in USD). The closing costs are paid by the buyer. The seller is responsible for the real estate fee and commission. All money is sent to a US escrow and a closing company releases funds upon closing. When an offer or sales agreement is submitted a down payment for escrow is required. If it’s a cash sale, it will be the entire balance on the property which will go to escrow during the closing process. If it is a financing agreement, the down payment (20% to 25%) will be sent to escrow during the closing process.
Belize allows for full foreign ownership and freehold property ownership. Property purchasers can take title to freehold property in Belize in three different ways. They are: Deed of Conveyance; Transfer of Certificate; Land Certificate. Owning land or Belize real estate with a fee-simple title is the strongest form of property ownership. A Fee-Simple Title and Freehold Ownership is the highest possible form of property and land ownership. It means that you own the property outright.
Just off the tip of the Yucatán Peninsula, laidback Ambergris Caye is the largest of Belize’s 200 cayes and a prime tourist destination. Off the coast, Hol Chan Marine Reserve is one of Belize’s most visited diving and snorkeling sites. It’s named after the Mayan for “little cut” and is one of seven reserves within the Belize Barrier Reef system, which is the second largest in the world after the Great Barrier Reef in Australia. Top attractions in the reserve include a cut in the reef with steep coral walls; Cat’s Eye, a crescent-shaped sinkhole; and Shark Ray Alley where divers can enjoy close encounters with nurse sharks and southern stingrays. The island’s main town is the fishing village of San Pedro, a colorful jumble of clapboard houses, stray dogs, and clucking chickens, with cute cafés and hotels. Golf carts and bicycles are the most popular modes of transport, although these days an increasing number of cars and trucks zip along the sandy streets. The Ambergris Museum and Cultural Centre traces the island’s history from the ancient Mayan traders to the present day. Saltwater fly fishing enthusiasts come to Ambergris Caye to cast their lines for bonefish, tarpon, permit, snook, and barracuda.
Belize attractions and climate makes purchasing a property here a tempting project. Imagine living permanently there… the joy. Many people often ask us why the Platinum Coast (West Coast) & Secret Beach is just beginning to undergo rapid development given its beautiful beaches and sunset views and the story goes back to when the island was first developed. As many of you already know, in a tourism destination the most coveted coast is almost always the West Coast because of the amazing sunsets. The island of Ambergris Caye was however originally developed on the East Coast to accommodate the reef and the fisherman who wanted to get out first thing in the morning to fish. The East coast of Ambergris Caye has been developed leaving the west coast to be forgotten, until now.
Do I Require a Passport to Travel to Belize? If you are visiting Belize as a tourist, you must have a valid passport and the passport must be valid for more than 6 months. This makes it very easy for people planning on relocating to Belize as they have no restrictions when it comes to the length of stay and duration. You can continue to renew your Belize tourist visa every month or have a new stamp every time you leave Belize and travel back.
There are a lot of opportunities in Belize and a diverse real estate market. In Belize, we do not have a formal MLS, so a real estate agent’s job is a little different. If you are looking at buying or investing in Belize, a Remax Belize real estate agent can help with the search. After the Belize real estate search, and once you find the property you want to purchase, the next step is to put in an offer or draft up an agreement of sale. The real estate agent will require your full name and address to be able to draft up the agreement/offer.
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. Read even more information on https://remaxbelizerealestate.com/.