Belize Tourism Q1 2024: All-Time High & Record-Breaking Tourism

Belize Tourism Q1 2024

 

Record-breaking numbers for the first quarter in Belize’s overnight arrivals!

2024 has been a record-breaking year for Belize tourism! In Q1 2024, Belize has seen record-breaking tourism arrivals (January to March 2024).

This indicates that year-to-date, Belize Overnight Tourism has had a record-breaking numbers and the highest volume in the countries tourism history.

 

Belize Overnight Tourism Arrivals in 2024

 

January 2024 Overnight Tourists: 57,628

February 2024 Overnight Tourists: 59,067

March 2024 Overnight Tourists: 69,202

 

Total Q1 2024 Overnight Tourists: 185,897

 

February was record breaking with 59,067. But March saw an all-time high and new record with 69,202 arrivals. March 2024 first time Belize has had over 60,000 overnight tourism arrivals (with 69,202 overnight arrivals in the month).

Both of the record breaking months (February & March) have made Q1 2024 the highest ever quarter for overnight tourism in Belize! Total Overnight Tourists for Q1 in 2024 was 185,897.

 

 

 

Belize Monthly Tourism Arrivals

 

2024 has seen record-breaking inbound tourism numbers. This has been largely due to the increased number of direct flights and the improved accessibility to Belize (internationally).

February 2024 was a record-setting month for Belize tourism. This record-setting tourism month was quickly superseded by March 2024 which saw an impressive 69,202 overnight tourists arrive in Belize!

March 2024 has now became the highest single month for overnight tourism in Belize at 69,202 tourists. The prior single-month record (before 2024) was in March 2019 at 57,697 overnight tourists.

Total Overnight Tourists for Q1 in 2024 was 185,897. This is 27.9% higher than in 2023 (last year Q1) and 17.5% higher than the prior record set in 2019.

 

January to March Belize Tourism Arrivals

 

 

Belize Tourism Growth

 

Q1 2024 saw a 27.9% increase in overnight tourism arrivals from Q1 2023.

Q1 2024 was a 17.5% increase from Q1 in prior peak year of 2019.

 

Annual Q1 Belize Tourism Arrivals

 

Overnight tоurіѕm arrivals to Belize increased bу оvеr 27.9% іn Q1 2024 (Јаnuаrу to March), compared tо the ѕаmе реrіоd lаѕt уеаr (2023). The trend in Belize tourism is expected to have continued growth, this is seen by the 17.5% increase in overnight tourism from 2019 (Q1). This is expected to result in an оvеrаll 11% estimated growth fоr the Belize tоurіѕm ѕесtоr іn 2024.

Belize tourism rebounded strongly in 2023 and has continued in 2024. The stats from the early months of 2024 signal that the year 2024 will be a record-breaking year for inbound tourism to Belize!

 

 

 

Веlіzе’ѕ tоurіѕm industry іѕ booming, as seen in Q1 of 2024 and the first few mоnthѕ оf the year setting all-time highs and hіѕtоrіс rесоrd-breaking numbers in overnight tourism. The tourism growth (the largest sector in Belizean economy) is estimated tо gеnеrаtе аn unprecedented $1.4 bіllіоn іn rеvеnuе in 2024, this was announced by Minister of Тоurіѕm Аnthоnу Маhlеr.

 

Belize Tourism Q1 Arrivals 2017 to 2024 (January to March)

Below is the overnight tourism trend from 2017 to 2024 for January to March (Q1 of each year);

Belize Tourism Board Data

 

 

Increased International Flights to Belize

The largest factor to the growth in Belize tourism has been the increased air transport and increase in direct international flights to Belize. In March 2024, there were 511 international flights landing at BZE (Philip S.W. Goldson International Airport in Belize City). 

PGIA Philip S.W. Goldson International Airport BZE

 

 

Direct Flights Washington DC & Baltimore (BWI) to Belize (BZE) with Southwest Airlines

SouthWest Airlines started direct flights from BWI to Belize on March 9, 2024

SouthWest Airlines BWI to BZE

 

Direct Flights New York (JFK) to Belize (BZE) with JetBlue

JetBlue Starts Direct Flights from New York JFK

JetBlue Announces Direct Flights to Belize from New York JFK

JetBlue New York (JFK) to Belize (BZE)

  • Monday
  • Wednesday
  • Saturday

Scheduled flight times are the following (all times are local):

  • JFK to BZE: Departs at 8:29 a.m. and arrives at 12:14 p.m.
  • BZE to JFK: Departs at 1:30 p.m. and arrives at 7:00 p.m.

JetBlue Belize Flight Deals

 

 

Belize Real Estate & Investment Opportunities

The Belize tоurіѕm ѕесtоr rеmаіnѕ роіѕеd fоr further growth with more development and improved accessibility! This has industry experts орtіmіѕtіс and bullish on Belize as a destination (for tourists and investors).

Tourism growth, increased awareness, offshore residency, and improved connectivity have all led to higher investment yields for real estate and investment properties in Belize. Ambergris Caye remains the the top destinations in Belize for overnight tourists.

Additional Links:

Belize Tourism January & February 2024

Ambergris & Belize Tourism Data 2023

Caribbean & Regional Tourism 2023

If you are looking to learn more about Belize tourism and Belize real estate, contact us!

 

 

 

Belize A Haven for Investors and Entrepreneurs

Belize A Haven for Investors and Entrepreneurs

Belize is an emerging hotspot for investors and entrepreneurs seeking opportunities in a supportive, business-friendly environment. The country’s commitment to fostering economic growth through foreign investment is evident in its policies and incentives designed to attract and support business ventures across various sectors.

 

Government Incentives for Investors

The Belizean government has implemented a series of measures aimed at encouraging foreign investment. These include tax incentives, such as tax holidays and exemptions on import duties for business-related materials and equipment. The process for registering a business in Belize is straightforward and efficient, minimizing bureaucratic hurdles and making it easier for new businesses to get off the ground. Such policies demonstrate Belize’s commitment to creating a conducive environment for investment and entrepreneurship.

 

Opportunities in a Growing Tourism Industry

Belize’s tourism industry is on an upward trajectory, fueled by the country’s natural attractions and Caribbean beaches. This growth in tourism presents opportunities for investment in hospitality, eco-tourism, adventure tourism, and cultural experiences. Entrepreneurs can tap into this expanding market by offering unique accommodations, tours, recreational activities, and other tourism-related services. The government’s emphasis on sustainable and eco-friendly tourism practices also opens avenues for investments in green businesses and initiatives that cater to the growing number of environmentally conscious travelers.

 

Fertile Ground for Agriculture

Belize’s fertile land and favorable climate make it an ideal location for agricultural ventures. The country’s agriculture sector is diverse, ranging from sugar and citrus fruits to bananas and cocoa. There is also a growing interest in organic farming and non-traditional agricultural products, which presents a niche market for new entrants. Investors can explore opportunities in both the production and processing stages of agriculture, benefiting from Belize’s rich natural resources and its access to international markets through trade agreements.

 

Real Estate Investment Potential

The real estate market in Belize is flourishing, with demand for both residential and commercial properties. Investors can find opportunities in developing housing, condominiums, resorts, and office spaces. The country’s real estate sector is buoyed by its attractiveness to expatriates and retirees. The government’s favorable stance on foreign ownership of property simplifies the process for investors looking to purchase or develop land in Belize. The Belize investment opportunity for most foreigners is through Belize real estate.

 

English-Speaking Legal System

One of Belize’s unique advantages is its English-speaking legal system, based on the British common law system. This makes legal proceedings, contracts, banking, and business registrations more accessible to English-speaking investors, eliminating the language barrier that can complicate such processes elsewhere. The transparency and familiarity of the legal framework add a layer of security for foreign investors, making Belize an even more attractive destination for business ventures.

 

 

Practical Guide for Potential Expats on How To Move to Belize: Luigi Wewege

How To Move to Belize: A Practical Guide for Potential Expats

 

The President of Caye International Bank, Luigi Wewege provides his insight into moving to Belize!

Luigi Wewege offers a guide on how to move to Belize. He talks about why Belize is worth considering for potential expats, and the key factors in making a move, including residency options, cost of living, and business opportunities.

Belize offers a unique crossover of Central American and Caribbean vibes, charm, and natural beauty. With its lush rainforests, ancient Maya ruins, and the world’s second-largest barrier reef, Belize has become a sought-after destination for those seeking a new place to call home. In this article we’ll look how to move to Belize and what you need to consider.

 

Why Belize?

  1. Natural beauty: From the breathtaking Belize Barrier Reef to the majestic Maya Mountains, Belize is a haven for outdoor enthusiasts. Residents can enjoy activities like snorkeling, scuba diving, hiking, bird watching, and exploring ancient ruins. The country’s commitment to conservation ensures these natural wonders are preserved for future generations.
  2. Relaxing lifestyle: Belize promotes a slower, more relaxed pace of life, perfect for those looking to escape the hustle and bustle of city living. The culture prioritizes personal relationships and enjoying the simple pleasures of life, whether it’s lounging on a beach, sharing a meal with friends, or admiring a stunning sunset.
  3. Welcoming community: Known for their warmth and hospitality, the people of Belize come from diverse backgrounds, creating a rich cultural tapestry. With English as the official language, newcomers find it easy to integrate socially and navigate daily life and business.

Belize offers a tranquil environment, vibrant culture, and ample opportunities for adventure, making it an ideal destination for those seeking residency and a fresh start. So let’s dive in on how to move to Belize!

 

Attractive Residency Programs

Belize’s residency programs are designed to attract expatriates looking for a new lifestyle in a tropical paradise. These programs cater to a wide array of individuals, from retirees to remote workers, offering them not just a place to live but a lifestyle that blends work, leisure, and adventure. When thinking about how to move to Belize, a good place to start is with your legal residency situation:

 

Qualified Retired Persons (QRP) Program

The QRP program is tailored for individuals aged 45 and older who wish to enjoy their retirement years in Belize. One of the most enticing aspects of this program is the tax exemptions. QRPs are exempt from paying taxes on income derived from outside Belize, making it advantageous for retirees who receive pensions or have investments abroad. The program also allows for the duty-free importation of personal and household items within the first year of residency. These benefits significantly reduce the cost of settling in Belize.

 

Permanent Residency

For those who are not retired or do not meet the age requirement of the QRP program, permanent residency in Belize is a viable option. The process is straightforward, especially for individuals who can demonstrate a steady income from outside Belize. This income assures the Belizean government that the applicant can support themselves without taking employment away from Belizean citizens. Permanent residents enjoy many of the same rights as Belizean citizens, making it an excellent option for remote workers or entrepreneurs looking to start a business in Belize.

 

Remote Working Options

Belize is increasingly popular among remote workers due to its reliable internet infrastructure, especially in tourist and areas. The country offers a unique opportunity to work in an environment that others might only experience during vacation. Imagine conducting your daily business with the Caribbean Sea or rainforest as your backdrop! This shift in the work environment can lead to increased creativity, productivity, and an overall better quality of life. Remote workers in Belize can easily blend work and leisure, taking advantage of the country’s natural wonders and adventure activities in their free time.

 

Relaxed Immigration Policies

Belize’s immigration policies are welcoming and accommodating, reflecting the country’s overall friendly and relaxed atmosphere. The government understands the value that expatriates bring to the local economy and culture. As such, it has created programs that facilitate a smooth transition for those looking to make Belize their new home. Whether it’s through the QRP program, permanent residency, or other visa options, Belize offers a straightforward path to residency for those seeking a new tropical life.

 

Affordable Cost of Living

Belize’s reputation as an affordable escape is well-earned, making it a magnet for retirees, remote workers, and those seeking a more cost-effective lifestyle without compromising on quality of life.

 

Housing Affordability

The housing market in Belize is typically more affordable than North American or European locales. Renting a comfortable home or apartment can be surprisingly inexpensive, with prices lower than what one might pay in the US or Europe for a comparable location and living space. For those looking to purchase property, Belize offers a range of options from modest houses to luxury villas, often at prices well below those in more developed countries. This affordability in housing means that living in a picturesque setting, once thought to be a luxury, can actually be quite attainable.

 

Food & Entertainment

The cost of food in Belize is another area where savings can be found, especially when buying local produce and products. Markets are filled with fresh fruits, vegetables, and seafood at prices that are a fraction of what one might expect to pay elsewhere. This bounty of fresh, affordable food supports a healthy lifestyle and allows for the enjoyment of dining out without breaking the bank. Belizean cuisine, with its mix of Caribbean, Maya, and Latin influences, offers delicious meals in local eateries at very reasonable prices.

 

Belize’s attraction both in its beauty and as an investment location make it a compelling option for anyone seeking to relocate. By following the tips on how to move to Belize above, you can approach this new era with confidence, armed with the knowledge needed to start your new life on the best possible footing!

 

Luigi Wewege on Americans Opening Offshore Bank Accounts In Belize

Luigi Wewege on Americans Opening Offshore Bank Accounts In Belize

Navigating The Waters Of FATCA: A Guide For U.S. Citizens Opening Offshore Accounts In Belize

Luigi Wewege is President of Caye International Bank, headquartered in Ambergris Caye, Belize. Luigi Wewege shares his thoughts and strategy for U.S. Citizens opening Offshore Bank Accounts in Belize.

The allure of offshore banking for U.S. citizens extends far beyond the convenience of financial transactions or the pursuit of investment opportunities on foreign shores. With the enactment of the Foreign Account Tax Compliance Act (FATCA) in 2010, the U.S. government aimed squarely at reducing tax evasion, compelling U.S. citizens and foreign financial institutions alike to adhere to stringent reporting standards. This editorial explores the nuances of FATCA, demystifying the obligations and opportunities it presents for those looking to the horizon for their financial endeavors.

 

Off-Shore Banking in Belize

The allure of offshore banking for U.S. citizens extends far beyond the convenience of financial transactions or the pursuit of investment opportunities on foreign shores. With the enactment of the Foreign Account Tax Compliance Act (FATCA) in 2010, the U.S. government aimed squarely at reducing tax evasion, compelling U.S. citizens and foreign financial institutions alike to adhere to stringent reporting standards. This editorial explores the nuances of FATCA, demystifying the obligations and opportunities it presents for those looking to the horizon for their financial endeavors.

FATCA represents a pivotal shift in the global financial landscape, designed to peel back the layers of privacy that once shrouded offshore accounts. By mandating that foreign financial institutions report on the holdings of U.S. citizens, the act ensures a level of transparency previously unseen, making it challenging for individuals to conceal assets overseas. For U.S. citizens, this means navigating a maze of reporting obligations, from disclosing account details to reporting income earned through foreign investments.

 

US Foreign Account Tax Compliance Act

For U.S. taxpayers, FATCA imposes the requirement to file Form 8938, detailing their foreign financial assets. This form is a critical component of one’s annual tax return, outlining the highest value of foreign accounts and the income they have generated. The filing thresholds:

  1. $50,000 in the previous year ($100,000 for joint filers)
  2. $200,000 cumulatively for the five previous years
  3. Failing to comply with these filing requirements can result in hefty penalties. These penalties can range from a 5% to a 10% increase on the unreported amount, depending on the duration of non-compliance. In extreme cases, willful non-compliance can even lead to criminal prosecution.

While FATCA’s reach is extensive, certain exceptions and exemptions offer a reprieve for specific accounts and situations. Not all foreign assets are ensnared in the FATCA net; retirement accounts and certain types of financial institutions in countries without an FATCA agreement with the U.S. may fall outside the scope of mandatory reporting. Yet, the complexity of these exceptions necessitates professional guidance to navigate successfully, ensuring that U.S. citizens are both compliant and taking full advantage of potential reporting exemptions.

 

International Banking for Americans

Owning an offshore account under FATCA’s watchful eye extends beyond mere reporting; it introduces a tapestry of tax implications that can affect an individual’s financial landscape. From income tax on foreign earnings to considerations around estate tax, the financial ramifications of offshore banking are multifaceted. Professional advice becomes indispensable, offering a roadmap through the tax implications and ensuring that individuals can harness the full potential of their offshore accounts while remaining on the right side of the law.

Contrary to the shadow of tax evasion that FATCA might cast, there are myriad legitimate reasons for U.S. citizens to engage in offshore banking. Whether seeking diversification, access to unique investment opportunities, or simply the convenience of transacting in a foreign country, offshore accounts can offer significant advantages. Understanding these benefits within the context of FATCA’s regulations allows U.S. citizens to explore international financial horizons confidently and legally.

The intricacies of FATCA, combined with the broader complexities of international finance, underscore the necessity for expert guidance. Tax and legal professionals specializing in this field can provide the compass needed to navigate the FATCA maze. From ensuring compliance with reporting obligations to optimizing the strategic benefits of offshore banking, professional advice is the cornerstone of effective international financial planning for U.S. citizens.

The introduction of FATCA has undeniably transformed the landscape of offshore banking for U.S. citizens, imposing a framework of transparency and compliance that requires diligent navigation. As the world of international finance continues to evolve, the importance of understanding and adhering to FATCA cannot be overstated. With the right guidance and a comprehensive grasp of the law’s requirements and opportunities, U.S. citizens can explore the vast potential of offshore accounts with confidence and compliance, ensuring their financial strategies are both robust and legally sound.

 

Luigi Wewege

Check out more from Luigi Wewege below;

8 Reasons to Buy Overseas with Luigi Wewege

Banking in Belize with Luigi Wewege

 

Luigi Wewege

 

 

The Latest Updates in San Pedro Belize March 2024

The Latest Updates in San Pedro, Belize

 

There is so much growth and development around San Pedro Town and the island of Ambergris Caye.

Between the road paving project, new hospitals and medical facilities, gas stations north of the bridge, ferry/water taxi terminal, and additional Mexico water taxi routes.

The development, growth, and pace of infrastructure are truly amazing!

San Pedro Town is located on Ambergris Caye and is by far the top destination for tourists and expats in Belize.

Check out the latest video on the Major Updates around San Pedro, Belize!

 

San Pedro Belize Major Updates

 

 

New Water Taxi Route Connects San Pedro & Mexico

On February 24th, a new ferry route was announced that connects San Pedro & Ambergris Caye, Belize, to Chetumal, Mexico.

This latest route is sure to be a Boost for Tourism and Trade between Belize & Mexico!

San Pedro Belize Express unveiled its latest addition, the Three Star Voyager vessel, marking a significant milestone in the connectivity between Belize & Mexico and expanding its service offerings.

The ferry route (water taxi) enhances the travel experience between Belize and Mexico but also holds significant potential for boosting tourism in Belize and facilitating trade in the region.

This new route also signifies a milestone in connectivity, improving not only transportation for tourism but also logistics. By providing a direct and efficient travel option, it opens up new avenues for economic cooperation and trade.

The trip between Ambergris Caye & Chetumal will take customers quickly and smoothly from Ambergris Caye, Belize, to Chetumal, Mexico.

The water taxi service will further increase tourism to Belize and Ambergris Caye, especially with the recent opening of the Tulum International Airport and the Tren Maya (Yucatan Express Train system).

The Tren Maya (sometimes also Mayan Train or Maya Train) is a railway system that traverses the Yucatán Peninsula.

The railway begins at Cancún International Airport and travels down to Chetumal and the Mexico/Belize border.

 

New Water Taxi Mexico & Belize (San Pedro)

 

New Water Taxi Terminal

A new water taxi terminal is being built in the southern part of San Pedro Town, which will relieve much of the downtown traffic and improve accessibility from Belize City to San Pedro and Ambergris Caye. The new Water Taxi Terminal has started constructing the boat terminal south of downtown San Pedro along Coconut Drive.

The project will be completed this year and is already well underway. This new boat terminal also has a seafront extension, an area for parking, unloading, loading, and dropping off passengers.

 

 

Road Paving in San Pedro

Street paving continues in San Pedro. This is a major infrastructure upgrade, and the island is starting to enjoy the smooth, paved roads around town.

Many of the roads in San Pablo, DFC, and Escalante Marina Drive, with the latest paving, are being paved at the entrance of the San Pedrito subdivision near downtown San Pedro.

Many residents and tourists are overjoyed by the upgrades to the streets, which marks a major milestone in the development of the island.

The upgrade on the main streets in San Pedro is expected to be completed sometime this year.

 

 

New Gas Station

A new gas station opened on the island of Ambergris Caye on the north side of the bridge. This is an amazing addition to the island. For both locals and tourists. Providing a new location to gas up your vehicles.

There is also buzz that another gas station is just starting construction at the junction of Secret Beach!

These new gas stations help propel further infrastructure on the island and are a sign of continued growth.

 

 

New San Pedro & Ambergris Caye Hospital

Residents of San Pedro Town and Ambergris Caye (along with all those who invest and travel to the island) are excited about the latest development announcement. Residents and tourists of Ambergris Caye are getting a state-of-the-art hospital and medical facility.

This facility fulfills the need for accessible, comprehensive medical services both for residents and visitors to Belize’s most popular tourist destination, San Pedro (Ambergris Caye).

New Hospital Ambergris Caye

 

If you want to learn more about Belize and invest in Belize real estate, contact us at RE/MAX Belize!

 

Record-Breaking Belize Tourism Arrivals in 2024

2024 Record-Breaking Belize Tourism Arrivals

 

In 2024, Belize has seen record-breaking tourism arrivals. Overnight tourist arrival figures indicate that the total number of arrivals for January & February 2024 surpassed the same period in 2019 (prior high records for overnight tourism). This indicates that year-to-date, Belize Overnight Tourism has had a record-breaking numbers and the highest volume in the countries tourism history.

The figures for February represent an all-time high for any single month for overnight tourism in Belize!

 

 

January 2024 Overnight Tourists: 57,628

February 2024 Overnight Tourists: 59,067

Belize Tourism Board Data

 

Overnight Tourism to Belize Annually

 

Below is the overnight tourism trend from 2017 to 2024 for January & February;

 

 

Below is the monthly and total overnight tourism for January & February (2019, 2022, 2023, 2024);

 

 

Belize Tourism in 2023 & 2024

2024 has seen record-breaking inbound tourism numbers. This has been largely due to the increased number of direct flights and the improved accessibility to Belize (internationally). February 2024 was a record-setting month for Belize tourism.

February 2024 became the highest single month for overnight tourism in Belize at 59,067 tourists. The prior single-month record was in March 2019 at 57,697 overnight tourists.

 

February 2024 Overnight Tourists: 59,067

January 2024 Overnight Tourists: 57,628

December 2023 Overnight Tourists: 55,574

 

Monthly Belize Overnight Tourism

 

 

Annual Belize Overnight Tourism

Overnight Tourism in 2023 experienced a remarkable 25% increase compared to the previous year. In 2023, Belize saw a total of 464,723 overnight tourists.

 

 

A shining moment in 2023 for Belize tourism was in December 2023, when the country recorded the second-highest overnight tourist arrival for any given month in its history, welcoming a remarkable 55,574 visitors. This represents Belize’s growth and trajectory as a destination. Belize has been a top emerging destination, and the allure signals a positive trajectory for the tourism industry.

Belize Tourism Board (BTB) has remained confident as Belize is poised for an upsurge in airlifts from the North American market by the end of 2024.  The projection comes as tourism to Belize is set to surpass the 2019 pre-pandemic level. The capacity’s expansion reaffirms Belize’s position as a premier destination in the Caribbean & Central American tourism industry.

Тhе роѕіtіvе mоmеntum оbѕеrvеd іn 2023 and continued in 2024 ѕеrvеѕ аѕ а tеѕtаmеnt tо Веlіzе’ѕ еndurіng арреаl аnd іtѕ аbіlіtу tо аdарt tо еvоlvіng trаvеl dуnаmісѕ. The stats from the early months of 2024 signal that the year 2024 will be a record-breaking year for inbound tourism to Belize!

 

 

Quarterly Belize Tourism Arrivals

 

 

 

Monthly Overnight Tourism Arrivals

 

 

BTB 2024 January & February Record Tourism

 

Below is the overnight tourism trend from 2017 to 2024 for January & February;

 

 

 

The Belize tоurіѕm ѕесtоr rеmаіnѕ роіѕеd fоr furthеr grоwth, оffеrіng аn орtіmіѕtіс оutlооk fоr thе іnduѕtrу’ѕ соntіnuеd rесоvеrу. With the boom in Belize tourism and the growth in the sector, the Belize investment opportunities and Belize real estate sector have boomed as well!

Ambergris & Belize Tourism Data 2023

Caribbean & Regional Tourism 2023

If you are looking to learn more about Belize tourism and Belize real estate, contact us!

 

New Ferry & Water Taxi Route Connects Ambergris Caye Belize to Mexico

Ambergris Caye Belize & Chetumal Mexico Water Taxi

 

New Ferry Route Connects Ambergris Caye, Belize, to Chetumal, Mexico. This latest route is sure to be a Boost for Tourism and Trade between Belize & Mexico!

San Pedro Belize (Ambergris Caye) introduces a new ferry service, revolutionizing travel between Belize and Mexico.

On February 24th, a new means of transportation between Ambergris Caye (San Pedro Town) and Mexico was announced. San Pedro Belize Express unveiled its latest addition, the Three Star Voyager vessel, marking a significant milestone in the connectivity between Belize & Mexico and expanding its service offerings.

This inaugural trip from San Pedro Town, Ambergris Caye, to Chetumal, Quintana Roo, Mexico, signifies a new era in regional transportation. The new vessel enhances connectivity and convenience for residents and tourists visiting the Belize island of Ambergris Caye. This route fills a long-standing gap in direct travel options between Belize and Mexico.

The Three Star Voyager vessel is designed with passenger comfort and safety in mind; the 58-foot Catamaran boasts cushioned seats and bathrooms/restrooms with an advanced septic system. The Three Star Voyager has the capacity to accommodate 104 passengers and offers a comfortable and safe means of travel.

The ferry and water taxi schedule is strategically planned to cater to the needs of both local residents and international tourists. The new Three Star Voyager vessel allows for faster transportation, which provides ample opportunity for day trips, allowing travelers and locals to explore Chetumal or conduct errands with the convenience of a direct return trip.

Pricing varies based on departure points, with special rates for Belizean residents and citizens. This new means of water transportation improves the connectivity of Belize and Mexico, making cross-border travel accessible and affordable.

 

Improving Belize’s Tourism and Trade

The ferry route (water taxi) enhances the travel experience between Belize and Mexico but also holds significant potential for boosting tourism in Belize (specifically Ambergris Caye) and facilitating trade in the region.

This new route also signifies a milestone in connectivity, improving not only transportation for tourism but also logistics. By providing a direct and efficient travel option, it opens up new avenues for economic cooperation and trade. The new ferry route shows the mutual growth between Belize & Mexico.

As this service gains popularity, it could pave the way for further expansions in regional transportation networks in the Caribbean, heralding a new chapter in Caribbean & Central American connectivity.

The trip between Ambergris Caye & Chetumal will take customers quickly and smoothly from Ambergris Caye, Belize, to Chetumal, Mexico. The trip is about 1 to 2 hours each way.

 

Belize & Mexico Connectivity

San Pedro Belize Express introduces the Three Star Voyager ferry service, revolutionizing travel between Belize and Mexico. Explore the comfort and safety features, strategic schedule, and impact on regional connectivity. It not only improves tourism but also opens up new avenues for economic cooperation and trade.

The water taxi service will further increase tourism to Belize and Ambergris Caye, especially with the recent opening of the Tulum International Airport and the Tren Maya (Yucatan Express Train system).

The Tren Maya (sometimes also Mayan Train or Maya Train) is a 1,554-kilometre (966 mi) intercity railway system in Mexico that traverses the Yucatán Peninsula. Construction began in June 2020, and a section began operation in December 2023, with the rest of the line to open later this year.

The railway begins at Cancún International Airport and travels down to Chetumal and the Mexico/Belize border.

 

Maya Train Route

 

Tren Maya Interactive Map

 

 

San Pedro Ferry & Water Taxi Schedule

The boat leaves every day at 8:30 am from San Pedro to Chetumal. And returns from Chetumal to Belize at 3:30 pm.

San Pedro Belize Express Water Taxi Schedule

 

Chetumal Mexico

Chetumal is situated on the Yucatán Peninsula’s eastern coast, right at the border between Mexico & Belize. Chetumal is known largely as a port city. It’s the primary trading station for Mexico and Belize.

Chetumal is located in the province of Quintana Roo – the Mexican state that is home to Cancun, Playa Del Carmen, and Tulum (Yucatán Peninsula). Chetumal is located just north of Belize (at the border) and is a jumping-off point for many traveling down from Cancun to Belize.

 

San Pedro Belize (Ambergris Caye) introduces a new ferry service, revolutionizing travel between Belize and Mexico.

Contact RE/MAX Belize

 

Reggie Bullock NBA Players Private Island in Belize

Reggie Bullock Private Island

 

NBA player Reggie Bullock acquired an island in Belize and has already started development on his private island! You can already see that the plans for a villa and luxury vacation resort are already well underway.

Reginald Ryedell Bullock is an American professional basketball player for the Houston Rockets of the National Basketball Association.

Bullock made headlines in April 2023 when it was revealed that he had bought this five-acre private island in Belize to create a vacation spot. Since then, it has been dubbed ‘BULLOCK ISLAND‘!

According to Reggie Bullock, Bullock Island isn’t just a place for him and his family to get together; it’s also somewhere he plans to use as an investment as he builds his resort retreat. With plans to add a restaurant, bar, spa, basketball court, pool, and much more, he wants Bullock Island to be an investment for himself and the local community.

Star endorsements lead to publicity, especially when they are investing in an emerging vacation market like Belize. Celebrity endorsements and acquisition of property are major draws not only in the real estate market but also in tourism. This endorsement and development are signs of the Belize real estate market trajectory.

Check out the latest video above to see the luxurious island and Belize’s exciting development project underway by NBA player Reggie Bullock.

This is an exciting MUST-WATCH video!

 

 

Welcome to Belize, Reggie!

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Belize Achieves Record Employment & Economic Boom in 2023

Belize Economy in 2023

In 2023, Belize achieved record levels of employment. This has, in turn, led to an economic boom and a growing economy. Belize Prime Minister John Briceno announced the monumental accomplishment Belize achieved with a record employment level in 2023. Belize touched an unprecedented 96% employment rate among those seeking jobs.

А kеу fасtоr іn thіѕ ѕuссеѕѕ wаѕ thе іnсrеаѕе іn thе mіnіmum wаgе, whісh роѕіtіvеlу іmрасtеd Веlіzеаnѕ bу increasing thеіr еаrnіng роtеntіаl. There were a number of economic sectors and industries which contributed to the growth. Kеу ѕесtоrѕ іnсludіng tоurіѕm, соnѕtruсtіоn, Вuѕіnеѕѕ Рrосеѕѕ Оutѕоurсіng (ВРО) сеntеrѕ, аnd аgrісulturе hаvе ехреrіеnсеd ѕubѕtаntіаl grоwth, рlауіng а ріvоtаl rоlе іn есоnоmіс dеvеlорmеnt аnd growth of Belize. The growth in Belize’s tourism and key sectors has led to improved employment opportunities, ultimately increasing the rate of employment to record highs.

 

Driving Forces Behind the Economic Boom

In 2023, Belize has seen substantial growth in key sectors such as tourism, construction, business process outsourcing (BPO), and agriculture. These industries have been pillars of the Belize economy, and have been instrumental in driving economic development in Belize and creating job opportunities for Belize citizens. Not only did Belize see record high employment rates in 2023, the economy was further bolstered by a 3.4% GDP growth in the third quarter.

The Belize tourism sector, in particular Ambergris Caye (San Pedro Town), witnessed a significant 27% increase, one of the highest since the end of the COVID-19 pandemic.

Belize Tourism & Investment 

 

Anticipating a Banner Year for Tourism in 2024

Looking towards the future, 2024 is predicted to be a major year for Belize’s tourism industry, with the majority of overnight tourism going to Ambergris Caye & San Pedro Town. Several initiatives and new programs are in the pipeline, which indicates a record year for Belize tourism in 2024. Some of the most recent announcements include a direct JetBlue flight from New York and more frequent flights from the U.S. With additional SouthWest flights from D.C. & Baltimore. As well as extended flights from Canada (Toronto & Calgary) through WestJet. These additional flights and new initiatives are expected to boost the already burgeoning Belize tourism industry.

 

Continued Commitment to Economic Prosperity

In 2024, Belize is looking to enhance quality assurance, infrastructure, and marketing to capitalize on the expected growth. Belize made massive economic strides in 2023, which has created jobs and enhanced the nation’s prosperity.

Aside from the economic gains in 2023, Belize also made significant strides in health care. Belize was certified as malaria-free by the World Health Organisation, joining the ranks of several countries achieving milestones in disease elimination.

Economic growth and record levels of employment were the key takeaways from the Belize 2023 рrоduсtіvіtу rероrt fіndіngѕ. What is more exciting is the growth and opportunity to come as Belize continues to be a focal point of foreign direct investment (especially in the tourism sector). Thе аntісіраtеd grоwth іn tоurіѕm (for 2024), ѕіgnals а ѕtrоng есоnоmу, rеаdу fоr соntіnuеd ѕuссеѕѕ іn thе uрсоmіng уеаr.

 

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Belize Digital Nomad Visa

Belize Digital Nomad Visa

The Belize Digital Nomad Visa is “A Long Stay Visitor Permit” and is a permit granted to any person who intends to stay in Belize for an extended period of time.

Belize is a great destination for digital nomads looking for a tropical paradise to work remotely. The island of Ambergris Caye has some of the fastest internet speeds in the region, with a very reliable network. San Pedro Town, Mahogany Bay Village, and areas of Ambergris Caye have Fibre Optic. Other areas have high-speed LTE service.

The country offers a long-term visa specifically designed for digital nomads, which makes it easy to stay in the country for extended periods of time.

A Long Stay Permit is valid for 6 months after the date issued. The Digital Nomad Visa is done through Immigration, which enables a person and their dependents to remain in Belize for up to 6 months.

The Digital Nomad Visa eliminates the back and forth with immigration every month for a tourist visa extension.

Yes! Belize has a visa suitable for digital nomads called “Work where You Vacation”.

This is Belize’s attempt to attract digital nomads and remote workers from all over the world who want to stay in the country for 6 months, with the opportunity to extend the period.

 

Belize Digital Nomad Visa

The Work Where You Vacation or Long Stay Visitor Permit (Digital Nomad Visa) program includes:

  • Work permits waived for participants
  • Student permits waived for children of participants
  • Special offers on activities, entertainment, and accommodations through “Work Where You Vacation” lodging partners.

 

Belize Digital Nomad Visa Requirements

The documents required to apply for the Belize Digital Nomad Visa are the following:

  • Proof of employment outside of Belize (min. annual income of USD $75,000 for individuals, USD $100,000 for couples/families)
  • A notarized banking reference and statement of account
  • A clear criminal record (no more than 6 months old)
  • A valid passport

 

Belize Digital Nomad Visa Fees

  • USD $500 per Adult.
  • USD $200 per Child

Fees apply to the applicant and any accompanying dependents.

 

Who Qualifies for the Digital Nomad Visa

Applicants who meet the below requirements can apply:

  1. The applicant is a citizen or permanent resident of the European Union, United Kingdom, United States of America, or Canada.
  2. The applicant is employed outside of Belize and
    • has a minimum annual income of USD $75,000 if the person is applying alone or
    • has a minimum annual income of USD $100,000 if the person is applying with dependents.
  3. A person issued a Long Stay Permit shall be entitled to enter and remain in Belize along with their dependents for a period NOT exceeding six months in any calendar year, as stated in the permit.
  4. A person issued a Long Stay Permit or his dependents shall not engage in employment in Belize.
  5. A permit issued by the department under this section shall not be extended.

 

Required Documents

  1. A Job Letter is issued within 30 days of the application if the applicant is employed by another person.
  2. Proof of registration of business and annual tax return if the applicant is self-employed.
  3. Proof of annual income in the amount of at least:
    • USD $75,000, if the person is applying alone; or
    • USD $100,000, if the person is applying with dependents.
  4. Notarized banking reference and Statement of Account.
  5. Police Record from the applicant’s country of residence, issued within six months of application.
  6. Certified copy of the bio-data page of the Applicant’s passport and Certified Copies of the bio-data page of each dependent’s passport.
  7. If the Applicant’s nationality is not in the Approved Countries List but resides in a country that is on the list, then the Applicant must provide Proof of Residence.

 

 

Internet on Ambergris Caye

Internet and connectivity on the island are top of the line with some of the fastest internet speeds in the region. Back in 2017, San Pedro went through significant upgrades. Now the town of San Pedro has some of the fastest internet speeds in Belize. In 2017, Ambergris Caye had a fiber-optic submarine cable installed with connectivity to San Pedro, enabling super-fast broadband speeds to the island of Ambergris Caye.
Since 2017, San Pedro Ambergris Caye has boasted the fastest internet in the country. Super fast Fiber-based Internet up to 130Mbps for home or business.

The Fiber Optic runs from Maskall to Bomba, and from Bomba to the coastline. From there, there is an underground via an SFOC to the island of San Pedro.

Most of Belize has WIFI with an LTE signal. However, there are places that boast stronger, more consistent internet like Ambergris Caye. With the high volume of tourism and the influx of expats that have moved to the country, and Ambergris Caye in particular, the service has improved to meet demand.

There are 2 primary providers of the internet in Ambergris Caye, Belize: SMART & Digi. Digi offers Fiber Optic internet with the fastest speeds. SMART offers reliable internet and is a popular alternative for areas that do not have fiber optic internet. You can see the rates and internet speeds below;

 

SMART Internet


Prices are in Belize Dollars

Digi Internet

Prices are in Belize Dollars

 

About the Belize Digital Nomad Visa

With the growing popularity of the digital nomad lifestyle, Belize is following many countries trying to lure digital nomads with tools and resources to work remotely. The Belize digital nomad visa is part of the Work Where You Vacation program, allowing digital nomads to live in the country for up to six months. It’s open to everyone working for a company based outside of Belize.

While the Belize Digital Nomad visa is only valid for six months, those who wish to extend their stay can apply for an extension. When you get approved for the Belize digital nomad visa, you will receive a permit to live temporarily in Belize. Applicants will also have the option to bring their dependents and spouses.