Belize Real Estate for Sale: A Step by Step Guide for Buying Property in Belize

Are you interested in buying Belize real estate for sale? Let us help you with a step by step guide.Belize Real Estate for Sale Step #1: Ask yourself, “Why Belize?”Here are the answers to your question:a. Belize officially recognizes English as its first official language. It is the only country to do so in Central America. Belize is also still tied with the United Kingdom and the country recognizes Queen Elizabeth as its sovereign, however, Belize is an independent country constitutionally.b. There are 450 small islands in Belize and it is located in the eastern Central America coast. Belize owns the distinction of having the world’s 2nd longest coral reef.c. Belize is a pleasant and busy tourist-friendly country. Here, you can meet people of different races and meet new ones on a weekly basis.d. If you like scuba diving, it is one of the main tourist attractions here.e. The economy is also ran by producing local crops like bananas, oranges and sugar.Belize Real Estate for Sale Step #2: Know the communities you will immerse yourself in BelizeThere are many retirees here and expats from both the United Kingdom and the US. An attraction is the climate, which is sunny and it never snows.Belize Real Estate for Sale Step #3: Know the recent issues facing investments in Belize.Belize has experienced a recent surge in improvement of property value. Some sellers might take advantage of the increase of real estate prices and over estimate the worth of the property. Put in good research on the property before you buy.Belize Real Estate for Sale Step #4: What are the popular locations where to purchase properties in Belize?Here are some locations that we suggest for the community and for properties being conducive for business and rural living: Rural Cayo, Hopkins/Sittee, Ambergis Caye, Toledo, Remote Cayes, Caye and Caulker.Also, consider buying a remote island. Belize has around 140 islets which are also for sale, so your dream of owning your very own island can come true with this one.Belize Real Estate for Sale Step #5: Be aware of the legalities in buying property here.Buying properties and getting investment opportunities are priorities of the Belize government. So, there are many exemptions given to those who would move here.A great offer by the Belize government is for retirees 45 and above who are under the Retired Persons Incentive Program. These retirees are given tax breaks and affluent retirees are encouraged to invest by giving more generous investment breaks.