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Showing posts from April, 2023

Belize Travel & Visa Requirements

Belize Travel & Visa Requirements Home Belize Tourism Belize Travel & Visa Requirements Posted on January 6, 2023By Dustin RennieIn Belize Tourism Belize Travel & Visa Requirements Belize is a very easy country to travel to and US & Canadian travelers do not require any visas when traveling to Belize. Actually, most countries and passports are able to travel to Belize freely and without a visa for 30 days. If you are visiting Belize as a tourist, you do not require a visa. When you enter Belize, you are issued a 30-day tourist visa in your passport. If visitors planning to stay longer than 30 days, they must have their passport re-stamped by a local immigration office. If you are extending your Belize stay longer than 30 days, the passport must be issued a new stamp, and pay an additional fee for every additional month they wish to stay. Visitors are able to continue to renew their tourist visa if they want to stay in Belize, without restrictions on length (as long as...

Buying Real Estate in Belize Process

Buying Real Estate in Belize Process Home Belize Property Belize Real Estate ... Buying Real Estate in Belize Process Posted on January 16, 2023By Dustin RennieIn Belize Property, Belize Real Estate, Investing in Belize Belize Real Estate Buying Belize Real Estate is very easy and the process is much like in North America (USA & Canada). Belize is one of the few countries in Central America & the Caribbean where foreigners enjoy the same property ownership right as nationals in land ownership and tenure. When a foreigner buys property in Belize, they own it outright with a fee-simple land title. The preferred practice of owning Belize real estate is through a fee-simple title which is clear title freehold ownership. Foreigners can own property in Belize as an individual or through a Belize Chapter 250 (Limited Liability Company) or with an International Business Company (IBC). A property (like Belize land) will have a title that would be issued by the lands department. Condom...

Inflation & Global Economies Impact on Belize Real Estate

Inflation & Global Economies Impact on Belize Real Estate Home Belize Real Estate Investing in Belize Inflation & Global Economies Impact on Belize Real Estate Posted on January 20, 2023By Dustin RennieIn Belize Real Estate, Investing in Belize Inflation & Belize Real Estate A recession and inflation are not new things, they are part of any economy. The US just came off a long bullish market. Just because inflation and recessions happen, doesn’t mean investment stops, strategic investors look to new avenues and leverage cost-effective ways to place capital. When economies turn, people no longer look for Return on Investment, they look for Return of Investment. They start looking for investments and strategies around; Wealth Preservation Asset Protection Tax Optimization When looking at a real estate investment, there are generally 2 elements cash flow and appreciation. Savvy real estate investors and people investing in offshore markets like Belize tend to dive a little ...

Ambergris Caye Utilities

Ambergris Caye Utilities We are often asked about Ambergris Caye utilities and how much they cost. Electricity, telephone, internet, water, and sewer utilities are all available and relatively reliable in San Pedro Town and on Ambergris Caye. On Ambergris Caye, the municipality of San Pedro (and the surrounding areas including developments that are located in and near town) have full access to utilities. For developments situated north and south of town, septic tanks or contained wastewater systems along with cisterns are typically used. Cisterns often are often used as a secondary source of water, and there is a reverse osmosis water treatment system in San Pedro Town that provides water to town residents and the developments/communities close to the municipality. The more remote resorts and developments generate their own electricity if they are not connected to the municipal electricity provided through BEL (Belize Electricity Limited) electrical lines. Most people are surprised t...

Questions to Ask When Buying Land in Belize

Questions to Ask When Buying Land in Belize Home Belize Belize Land ... Questions to Ask When Buying Land in Belize Posted on December 9, 2022By Dustin RennieIn Belize, Belize Land, Belize Property, Belize Real Estate Thinking of Buying Land in Belize? The news on Belize is out. The Caribbean & Central American country of Belize has entered the world’s radar and is no longer a “secret.” Since Belize and Ambergris Caye are no longer secrets the Belize real estate market has been attracting a lot of attention from investors and people looking to relocate to a tax-friendly, English-speaking, tropical destination. Belize is full of opportunities; from residential properties that people intend to use for their own personal use (moving or retirement) to developing investment properties. When investing in Belize and buying land in Belize there’s something for everyone. If you’ve been considering purchasing property and real estate in Belize, it helps to understand and be knowledgeab...

Currency Used in Belize & For Belize Real Estate

Currency Used in Belize & For Belize Real Estate Home Belize Belize Banking ... Currency Used in Belize & For Belize Real Estate Posted on December 9, 2022By Dustin RennieIn Belize, Belize Banking, Belize Real Estate, Investing in Belize Belize Currency The official currency used in Belize is the Belize Dollar (BZD; symbol BZ$). The Belize Dollar has a fixed exchange rate of 2:1 with USD ($2 Belize = $1 US Dollar). The Belize currency at an exchange rate of $2 BZD to $1 USD can be exchanged at most banks and hotels in Belize. There are not as many ATMs in Belize as people are used to at home. The ATMs in Belize generally accept most foreign cards (Canada & US). It is also important to note that when you are in Belize that the majority of businesses accept Credit Cards (MasterCard, Visa, and some AMEX). US dollars are also universally accepted in Belize at a rate of $1 US to $2 BZ, MasterCard. Tourism is the number one industry in Belize and most of our tourists are from Am...

Guide to Buying Belize Real Estate in 2023

Guide to Buying Belize Real Estate in 2023 Home Belize Belize Property ... Guide to Buying Belize Real Estate in 2023 Posted on December 10, 2022By Dustin RennieIn Belize, Belize Property, Belize Real Estate, Investing in Belize Belize Real Estate in 2023 As 2022 comes to an end and we look towards 2023, Belize real estate continues to boom as Belize is now very much on the world’s radar. When looking at the Belize market (considering we do not have an MLS), we have seen Belize real estate demand and prices trend upwards over the past 10 years. Going into 2023, demand is still on the rise. Properties on the islands that are popular tourist destinations like Ambergris Caye continue to be an excellent investment, for both appreciation and passive rental income. The tourism sector is booming and we saw 2022 Belize tourism rebound, nearly reaching pre-COVID numbers. Belize is a great place to live and invest. The lifestyle on Ambergris Caye has a very laid-back Caribbean vibe. If you are...

Belize Real Estate Investment & Relocation

Belize Real Estate Investment & Relocation Home Belize Real Estate Investing in Belize Belize Real Estate Investment & Relocation Posted on December 19, 2022By Dustin RennieIn Belize Real Estate, Investing in Belize Belize Real Estate Facts About Belize Real Estate Belize Real Estate is becoming more and more of a hot topic for Americans, Canadians & Europeans as more learn about the tremendous benefits of owning real estate in Belize. Whether it be for investment or lifestyle purposes, Belize stands out amongst other countries in the Caribbean & Central America region for several reasons. These are the cornerstones of relocation to the county and are as follows: English Speaking When you consider that 90% of the U.S. only speaks English, this is a huge benefit of Belize. People love the fact that when they go to their doctor in Belize they can communicate in their native tongue or when they go to fill out legal documents they can read them in English. British...

5 Mistakes People Make When Investing Offshore & How to Avoid Them

5 Mistakes People Make When Investing Offshore & How to Avoid Them Home Belize Investing in Belize 5 Mistakes People Make When Investing Offshore & How to Avoid Them Posted on December 19, 2022By Dustin RennieIn Belize, Investing in Belize Investing Offshore Mistakes to Avoid There are a number of mistakes people can make when investing offshore or purchasing a vacation home in a market outside the US or Canada. Belize Real Estate has become increasingly popular for investors and people looking to relocate to a warm tropical climate. There are far more than 5 mistakes people make when investing offshore, but we are going to touch on 5 of the most common. Here are the 5 Mistakes people make when investing offshore & how to avoid making them yourself. 5 Mistakes People Make When Investing Offshore Buying Real Estate Without Using an IBC. Buying or Selling Property Without Taking Advantage of “Owner-Carry Financing” Buying for Personal Use & Investment without a Strateg...

5 Misconceptions About Moving to Belize

5 Misconceptions About Moving to Belize Home Belize 5 Misconceptions About Moving to Belize Posted on December 20, 2022By Dustin RennieIn Belize 5 Misconceptions About Moving to Belize Belize is an amazing place to live and there are tons of opportunities for people not only looking to retire but also invest and/or start a business. Moving to Belize is much easier than in other countries with a lot of incentive programs in place. But there are a few things everyone should know before moving to Belize (to avoid any surprises). The lifestyle in Belize & Ambergris Caye is amazing and it is easy to see why so many people are making the move every year. Here are the 5 biggest misconceptions about moving to Belize! If you’re considering moving to Belize from the US or Canada be sure to give this video a watch before doing so. We break down some of the key things you should know before making a move to Belize and 5 misconceptions people have before making the transition Misconception 1...