Is it time to invest in your Belize dream home? Whether you’re planning for retirement, relocating, or want your own vacation property, Belize is an amazing location. The relaxed atmosphere is a welcome change from the hectic lifestyle that you’re probably accustomed to. Plus, the gorgeous weather and natural beauty of Belize make it irresistible.
Still, investing in your dream home is a big commitment, and it deserves careful consideration on all levels. If you’re finding yourself on the fence about an investment property in Belize, don’t worry. Here are four reasons for saying “yes” to your dream home.
It’s a Smart Financial Decision
When you invest in property in Belize, you’re also investing in your future. Real estate in Belize is hot right now, and the trend is only rising upwards. Of Central American locations, Belize is one of the most preferred for real estate investment.
Property value trends are expected to continue upwards, which means now is the time to invest. Should you decide later that you’re interested in selling your Belize property, you’ll likely get an amazing return on your investment.
Belize is an Easy Transition
Something that prevents some people from pursuing their dream home is the fear of not being able to fully integrate into the culture, and never feel completely “at home”. In Belize, that’s not a problem.
Unlike other Central American countries, English is the primary language spoken in Belize, so there’s no language barrier to overcome. Plus, there are no restrictions for foreigners who wish to invest in property in Belize. The process of finding, acquiring and settling into your dream home is seamless.
Stable Currency Low Property Tax
The Belize dollar, which is the accepted form of currency in Belize, is stable and fixed to the US dollar. The fixed rate is 2 Belize dollars for each US dollar. This is important to remember when considering your dream property and looking at prices. The rate conversion puts even luxury estates in the financial reach of many in the United States who would not otherwise be able to afford such an amazing property.
Property taxes in Belize are also very low, and there’s no estate tax or capital gains tax to be concerned about.
One of the Most Amazing Places on Earth
Let’s put everything practical aside for a moment. Affordable luxury is a great reason to invest in Belize property. Additionally, the country of Belize usually captures the heart of potential property investors
There are few places on earth that are so beautiful, so laid back and so easy to fully immerse yourself in. There’s every reason in the world that you should make a home for yourself in Belize and not even one why you shouldn’t.
When you’re ready to invest in your Belize dream home, we’re here to help. Contact RE/MAX Island Real Estate today and we’ll help you make your dream home a reality.