I’ve visited Belize twice and loved it, so it came as no surprise to me when I read recently that Belize is becoming more and more attractive for property buyers. As the only English speaking country in Central America (it was formerly British Honduras), expats find that it is easy to move there and find their way around.

The currency of Belize is fixed at 2 Belizean dollars to 1 US Dollar which is nice and simple. The cost of living is relatively low and I just read through the introduction for an e-book that promises to show how a couple can live on just US$450 a month! In these turbulent economic times this would be a boost to anyone.

Property prices are reasonable and there is a large variety of both land and property available. Caribbean Land and Property have a good selection of properties listed for sale to choose from. The Government of Belize is creating incentives for people over 45 to relocate to the country. These include tax-free income status and duty free concessions to import all your household items, a car and even boat or a light aircraft!. They have also recently reduced the stamp duty tax on real estate title transfers. The new rate is 0% up to US$10,000 in purchase price and 5% for any amount above US$10,000. Continue reading "Beauty and Bargains - Buying in Belize"