Security of buying real estate in Belize

We are always asked why Belize Real Estate is a safer investment than in other countries. It is quite simple to say that unlike other countries where real estate values ​​are affected by current market trends, real estate in Belize maintains its market value and sells at those values. Not only that, compared to other Caribbean countries real estate in Belize sells for cheaper. Despite current global economic conditions, Belize continues to be the main interest for investors and retirees. San Pedro Ambergris Caye, for example, continues to be the number one hotspot with constant development in the northern part of the island. One cannot fail to take into account other parts of the country such as Corozal, in the northern part of Belize where travelers from Europe, the USA and Canada enter our country via Mexico in search of properties facing the sea and easily accessible by road.

In the western part of the country, San Ignacio is the second largest city in the country where there is a high volume of tourist traffic. Most tourists who go to visit San Ignacio end up falling in love with the countryside, so they end up investing in real estate, whether it is a piece of land, a river bank or a mountain top. By investing in Belize real estate and planning for retirement, many can be assured that there is a retirement program available to them. The incentives given to these retirees are exemption from import duties on all personal effects such as furniture, cars, boats and recreational vehicles when they enter the country. Many retirees are under the impression that, according to the retirement law, they do not have the right to work. It is not, you are eligible to work.

Placencia is also one of the fastest growing areas for real estate purchases by foreigners, primarily Americans and Canadians. There are still reasonable prices for beach and main road residential properties. In addition to Placencia having a newly built twenty-six mile highway, it is also currently building the country’s second International Airport.

Recently, there has been a growing demand for high-end, fully furnished residences for foreigners who frequent the country and stay between two months and a year. An investment in a luxury apartment building is sure to be a safe investment in Belize City or San Pedro Ambergris Caye.

So, whether your interest is on the mainland or the islands of Belize, you can be sure that for the dollar you spend on any Belize real estate, the value of the property will not decrease. Furthermore, property values ​​in Belize increase in value every year.

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