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Showing posts from April, 2023

Belize Customs & Import Duties

Belize Customs & Import Duties Belize imposes import duties on a wide range of goods that are imported into the country. The import duty rates can vary depending on the type of goods, their value, and their country of origin. Here are some of the main categories of goods and their corresponding import duty rates in Belize: 1. Food and agricultural products: Import duties on food and agricultural products can vary depending on the type of product. For example, import duties on meat products can range from 10% to 40%, while duties on fruits and vegetables are generally lower, ranging from 0% to 25%. 2. Vehicles: Import duties on vehicles can be high, with rates ranging from 45% to 72% depending on the type of vehicle, its value, and its age. 3. Electronics and appliances: Import duties on electronics and appliances can range from 0% to 40%, depending on the type of product and its value. 4. Clothing and textiles: Import duties on clothing and textiles can range from 5% to 30%, de...

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Belize Real Estate Facts About Belize Real Estate

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Belize Real Estate Facts About Belize Real Estate Belize Real Estate is becoming more and more of a hot topic for Americans, Canadians & Europeans as more learn about the tremendous benefits of owning real estate in Belize. Whether it be for investment or lifestyle purposes, Belize stands out amongst other countries in the Caribbean & Central America region for several reasons. These are the cornerstones of relocation to the county and are as follows: English Speaking When you consider that 90% of the U.S. only speaks English, this is a huge benefit of Belize. People love the fact that when they go to their doctor in Belize they can communicate in their native tongue or when they go to fill out legal documents they can read them in English. British Common Law Belize is the only English-speaking country in the region, this is a direct result of British influence over the years. The British also left something else extremely beneficial behind, their legal system. Other ...

Investing in Ambergris Caye Belize Real Estate

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Investing in Ambergris Caye Belize Real Estate In regards to investment, Belize is unique as it is both Central America & the Caribbean, the mainland including San Ignacio & Placencia has more similarities to the Yucatan Peninsula (Cancun, Playa Del Carmen, Tulum, etc), while Ambergris Caye Real Estate is more comparable to the Cayman Islands, The Bahamas, British Virgin Islands, Etc. The fact Ambergris Caye is an island, there is far more scarcity of property than being on the mainland in destinations like Placencia. As a real estate investor, scarcity works to your advantage for both rental income and property appreciation. The fact that Ambergris Caye is one of the few opportunities with high tourism growth and land available, makes it a unique opportunity in today’s market. Why Ambergris Caye Belize? Ambergris Caye is the largest island in Belize measuring 27 miles long. Ambergris Caye is located at the northern point of Belize’s coastline with the Belize barrier reef...

5 Misconceptions About Moving to Belize

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Belize is an amazing place to live and there are tons of opportunities for people not only looking to retire but also invest and/or start a business. Moving to Belize is much easier than in other countries with a lot of incentive programs in place. But there are a few things everyone should know before moving to Belize (to avoid any surprises). The lifestyle in Belize & Ambergris Caye is amazing and it is easy to see why so many people are making the move every year. Here are the 5 biggest misconceptions about moving to Belize! If you’re considering moving to Belize from the US or Canada be sure to give this video a watch before doing so. We break down some of the key things you should know before making a move to Belize and 5 misconceptions people have before making the transition Misconception 1: Belize is All the Same Belize has a very diverse landscape ranging from the Caribbean Islands of Ambergris Caye & Caye Caulker to the lush Rainforests in Cayo & San Ign...

Belize Travel & Visa Requirements

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Belize Travel & Visa Requirements Belize is a very easy country to travel to and US & Canadian travelers do not require any visas when traveling to Belize. Actually, most countries and passports are able to travel to Belize freely and without a visa for 30 days. If you are visiting Belize as a tourist, you do not require a visa. When you enter Belize, you are issued a 30-day tourist visa in your passport. If visitors planning to stay longer than 30 days, they must have their passport re-stamped by a local immigration office. If you are extending your Belize stay longer than 30 days, the passport must be issued a new stamp, and pay an additional fee for every additional month they wish to stay. Visitors are able to continue to renew their tourist visa if they want to stay in Belize, without restrictions on length (as long as they get their visa renewed). This makes it very easy for people planning on relocating to Belize as they have no restrictions when it comes to the len...

Belize Real Estate

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Buying Belize Real Estate is very easy and the process is much like in North America (USA & Canada). Belize is one of the few countries in Central America & the Caribbean where foreigners enjoy the same property ownership right as nationals in land ownership and tenure. When a foreigner buys property in Belize, they own it outright with a fee-simple land title. The preferred practice of owning Belize real estate is through a fee-simple title which is clear title freehold ownership. Foreigners can own property in Belize as an individual or through a Belize Chapter 250 (Limited Liability Company) or with an International Business Company (IBC). A property (like Belize land) will have a title that would be issued by the lands department. Condominiums in Belize are purchased through a “Strata” title or co-op share ownership. There are a few types of property ownership in Belize and it is important to learn the differences. Belize Real Estate Purchasing Process The property pu...

Belize Tourism

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Belize Tourism In 2022, Belize saw tourism rebound and far exceed the COVID years of 2020 & 2021. In 2022, Belize saw nearly 400,000 tourists. So far, in 2023, Belize has seen nearly double the amount of Q1 tourists from the year prior (2022). In January & February 2022, Belize saw roughly 55,000 tourists (the first 2 months of the year). In 2023, over the same period of time (January & February), Belize has seen over 90,000 tourists (according to BTB). Among the top reasons for considering Belize for second homeownership: • Allows diversification outside the USA or Canada • Provides a safe secure alternative during societal unrest • The only English-speaking country in Central America • Close geographic proximity to the USA • No capital gains tax, very low property taxes • Tropical Caribbean climate • World-class fishing, diving, snorkeling, and watersports Second home ownership in Belize is very safe and easy experience. If you are interested in Belize pro...

Qualified Retired Person Incentive Program

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Belize QRP The Belize Qualified Retirement Program (QRP) was created to facilitate eligible people who meet the needed requirements, to obtain residency while allowing them an easy way to permanently live and retire and relax in Belize. Belize is recognized as a top tourist destination and is also considered to be a top destination for people looking for retirement in the Caribbean. To incentivize people to move and retire in Belize, the Belize Tourism Board (BTB) put in place the Qualified Retired Person Incentive Program (QRP). The QRP was developed in the 1990s to open doors for anyone over the age of 45 who is looking to retire in the Central American-Caribbean paradise of Belize. Belize offers retirees a lot of upsides; English-Speaking, British Common Law, Low-Tax Jurisdiction, close proximity to home, and warm Caribbean Climate. With the influx of retirees and Baby Boomers, Belize has developed a “Permanent Tourist” sector. The QRP was put in place for retirees whose income ...

Belize Ranks Among Forbes Best Beach Destinations

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Wendy Altschuler a travel writer for Forbes who covers travel, adventure, and culture across the globe, wrote an article on January 28, 2023, on The 9 Best Beach Destinations For Families with one of the 9 destinations being Belize, and more specifically, Ambergris Caye. Forbes, the rеnоwnеd buѕіnеѕѕ аnd trаvеl mаgаzіnе, hаѕ lіѕtеd Веlіzе аѕ оnе оf thе bеѕt bеасh dеѕtіnаtіоnѕ fоr fаmіlіеѕ (one of the nine locations mentioned in the article). Fоrbеѕ lіѕtеd Ѕаn Реdrо Аmbеrgrіѕ Сауе hаѕ а “mаgісаl аnd full оf fаmіlу-frіеndlу wоndеr”. Wendy Altschuler with Forbes said in the article; “Magical and full of family-friendly wonder, Ambergris Caye has it all. Rent a golf cart, the only way to travel all over the island, and visit Secret Beach (not all that secret), where you can spend the day swimming in the warm water, snorkeling, boating, or enjoying good food. Visitors can also enjoy the underwater world in the pristine waters of Belize. In San Pedro Town, be sure to stop at Caye Coff...

Available property of USA

The United States of America is a vast country, and there are numerous properties available for purchase. These properties can range from small apartments to vast ranches and everything in between. In this article, we will take a look at the various types of properties that are available in the United States. Residential Properties Residential properties are perhaps the most common type of properties available in the United States. They include single-family homes, apartments, condos, and townhouses. These properties are available in every city and town across the country, and they come in a wide range of sizes, styles, and prices. Single-family homes are typically standalone properties that are designed for one family to live in. They come in a variety of sizes and styles, from small starter homes to grand estates. Apartments, condos, and townhouses are typically more affordable options for people who want to live in urban areas. These properties are typically located in high-rise ...

Top ten resorts in the USA,

Here are the top ten resorts in the USA Four Seasons Resort Hualalai, Hawaii - https://www.fourseasons.com/hualalai/ The Lodge at Sea Island, Georgia - https://www.seaisland.com/accommodation/the-lodge/ The Little Nell, Aspen, Colorado - https://www.thelittlenell.com/ Montage Palmetto Bluff, South Carolina - https://www.montagehotels.com/palmettobluff/ The Ranch at Rock Creek, Montana - https://www.theranchatrockcreek.com/ Amangiri, Utah - https://www.aman.com/resorts/amangiri The Resort at Paws Up, Montana - https://www.pawsup.com/ The Cloister at Sea Island, Georgia - https://www.seaisland.com/accommodation/the-cloister/ The St. Regis Aspen Resort, Colorado - https://www.marriott.com/hotels/travel/asexr-the-st-regis-aspen-resort/ The Ritz-Carlton, Lake Tahoe, California - https://www.ritzcarlton.com/en/hotels/california/lake-tahoe Each of these resorts offers world-class accommodations, activities, dining, and amenities that make them stand out from the rest. Whether you're look...

Top realtors in the USA

The real estate market in the United States is constantly evolving, with new trends emerging every year. It is, therefore, essential to have the right realtor to help navigate through the complexities of buying or selling a property. In this essay, I will highlight some of the top realtors in the USA who have made a name for themselves through their exceptional services and expertise. Ryan Serhant Ryan Serhant is a renowned realtor in the USA, with over a decade of experience in the industry. He is the founder and CEO of Serhant, a New York-based real estate brokerage firm that specializes in residential and commercial properties. Serhant is also a television personality, having appeared on the hit reality show "Million Dollar Listing New York." He is known for his aggressive marketing strategies, exceptional negotiation skills, and ability to close deals quickly. You can learn more about Ryan Serhant by visiting his website at https://ryanserhant.com/. Fredrik Eklund Fredr...

Property and Tourism in USA

property and tourism of USA The United States of America (USA) is a country with diverse geography, natural beauty, and a rich cultural heritage. These attributes, along with a well-developed infrastructure, make it an ideal destination for tourism. The tourism industry is one of the largest and most dynamic sectors of the US economy, contributing significantly to job creation, economic growth, and foreign exchange earnings. The tourism industry is closely linked to the property sector, which provides accommodation, transportation, and other services to tourists. In this article, we will discuss the property and tourism industries of the USA. Property Industry: The property industry in the USA is vast and diverse, catering to different segments of the population, including residents, businesses, and tourists. The property industry is a critical component of the US economy, generating significant revenues and employment opportunities. The sector comprises various sub-sectors, incl...

Overview of the USA Property Market

The United States of America is a large and diverse country, and as such, its property market is equally varied. In this article, we will explore the state of the USA property market, including recent trends, key players, and the impact of the COVID-19 pandemic. Overview of the USA Property Market The USA property market is one of the largest in the world, with a total value of around $40 trillion. The market is made up of a range of property types, including residential, commercial, and industrial properties. Residential Property Market The residential property market is the largest segment of the USA property market. According to the National Association of Realtors, the median home price in the USA was $363,300 in January 2022, up 14.8% from the previous year. This increase in home prices can be attributed to a combination of factors, including low-interest rates, a shortage of homes for sale, and increased demand due to the COVID-19 pandemic. The COVID-19 pandemic has had a si...