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Belize
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An adventurer's paradise, Belize is a peaceful, English-speaking country just two hours away from 3 major U.S. Gateways. With a diversity of adventure opportunities unmatched by any other country, the Belizean people have protected over 40% of the country as parks and natural reserves.
Located on 270 gorgeous miles of the Caribbean coast, nestled between Mexico and Guatemala, Belize offers an intriguing mix of tropical forests rich with wildlife, majestic mountains, mysterious Maya temples to diving and fishing experiences beyond comparison. In a single day, one can go from tropical forest to the longest barrier reef in the Western Hemisphere. Real Estate in Belize
With all this beauty and intrigue, it is no wonder Belize has developed into a country of choice for real estate investment and vacation home ownership.
Politically and economically as a member of the British Commonwealth, Belize enjoys a stable democracy and with a legal system based on British common law, foreigners purchasing real estate in Belize can do so with peace of mind. Further, foreigners purchasing land or property in Belize are recognized with the same rights as Belizeans. Thus buying decisions can be made and completed quickly with relative ease. With a diverse range of real estate opportunities from second-home ownership and land development through to small and large commercial ventures, Belize holds a range of options to fit any number of investment goals. In fact, the Belize government also offers for foreign investor’s, incentives to develop resorts and tourist infrastructure. In a recent article posted by CNN Money, Belize was recognized as the second preferred destination of choice by second home buyers in its: Most Popular International Second-Home Markets, 7 Up and Coming Destinations article. In an International Living magazine, a survey placed Belize among the top retirement havens worldwide, particularly due to Belize’s Retired Persons Incentive Program; a program which allows foreign citizens to apply for relief from local taxes on income and import of household goods. But you don't have to be retired or of retirement age to qualify. Such retirement benefits add further appeal to the already attractive tax-sheltering benefits of no capital gains or inheritance taxes being in place. All this along with the country’s many other attributes make Belize the attractive tropical locale it is becoming known to be.… Along with a lower cost of living, close proximity to the United States not to mention its tropical climate, Belize offers some of the most affordable real estate in the Caribbean. In fact the cost of living has an equivalent purchasing power of US$1,000 to US$1,857 in Belize, so two Belizean dollars are worth close to one American Dollar and the Belizean currency is tied to the U.S. dollar. Then with the close proximity to North America Belize presents additional appeal-: only 2 hours from Miami by air and other direct flights available from Los Angeles; Houston; Newark, New Jersey; Dallas/Fort Worth; Charlotte, North Carolina; Atlanta, Georgia; New York and Washington, D.C; and from Toronto, Canada for a few months of the year as well as direct flights to Belize from the U.K./Europe slated within 2008.
Celebrities have come to recognize the appeal of this land and have joined the list of those attracted to Belize; they are from Leonardo DiCaprio, Tiger Woods, Lennox Lewis, Robert de Niro, Nicholas Cage, Harrison Ford, Charlize Theron to Francis Ford Coppola to name a few.
Tourism in Belize is growing by over 20% annually; a fact that will correlate to real estate activity and wise investment potential. The American National Association of Realtors (NAR) President Pat V. Combs states “Because of its strategic location, dynamic free market economy and vibrant trade, Belize is poised for even greater growth in the future.” So come live your dream today. Belize awaits.
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