Are you considering investing in Belize real estate as a non-resident? When purchasing property in Belize as a non-resident, you’ll face an 8% stamp duty compared to 5% for locals. To navigate potential pitfalls and ensure a smooth transaction, it’s crucial to engage a lawyer or closing agent. These professionals can conduct thorough land title searches and verify that all legal procedures are followed correctly, protecting you from issues like properties being sold multiple times.
Belize offers several advantages for foreign property buyers:
- Simple ownership process with no restrictions on foreigners
- English as the official language, facilitating communication
- A legal system based on British common law
- Generally lower property taxes compared to the United States
- Potential immigration benefits for significant investments
For those looking to buy, sell, or secure property in Belize, Belize Property Solutions provides comprehensive services throughout the Cayo District. With extensive experience in real estate, farming, construction, and market trends, we offer valuable insights and assistance to both expats and locals.
Our services include thorough property inspections, independent valuations, and reliable property security for absentee owners. Whether you’re investing in a holiday home, seeking a back-up residence, or require on-the-ground support, our team is committed to delivering trustworthy and professional services tailored to your needs in Belize’s dynamic real estate market.
Contact us today!
+501 631 9768
