Buying Belize Land
Belize is one of the top emerging destinations in the Caribbean & Central America. Belize has a combination of the mainland (Central America) & Islands (Caribbean). On the islands, Belize provides owners and investors a chance to own island property for less than the Bahamas & the Cayman Islands. This is what makes buying Ambergris Caye Real Estate & owning land on Ambergris Caye so desirable.
Whether you are looking for a small property or piece of land to build your dream home or a larger parcel of land for a hotel or commercial development, RE/MAX Belize is here to help find the perfect property for you and help find the land to meet your needs.
Belize allows for full foreign ownership of land. Foreigners can own land in Belize outright with a fee-simple title. At RE/MAX Belize we cover all aspects of acquiring and buying Belize land. From finding land for sale in Belize to the details of the Belize real estate purchase process.
Buying & Owning Land in Belize
Buying land in Belize is very similar to owning and buying land in the US or Canada, as you own a property outright with a fee-simple title. Owners and investors have the opportunity to own their very own property in one. ofthe most desireable destinations in the world, with land opportunities stretching from the islands and reefs of the Caribbean Sea (Ambergris Caye Real Estate) to the lush jungle rainforests of Central America (Cayo & San Ignacio).
In recent years Belize has emerged as one of the top emerging tourism destinations in the Caribbean & Central America. With overnight arrivals more than doubling over 10 years (from 232,249 visitors in 2009 to a record-breaking 503,116 in 2019) according to the BTB. Belize Tourism also rebounded strongly in 2022 after the pandemic.
Buying land in Belize gives buyers and investors the opportunity to tap into an emerging market with unprecedented growth, which equates to an appreciation of property values. You can also own land on a Caribbean Island for a fraction of. thecost of the Bahamas or the Cayman Islands.
Belize also has extremely low property taxes as well as no capital gains tax. This makes the cost own Belize land less than the cost of a bank account annually, while not eroding the profits of increased property values. If you purchase Belize land and sell it for a profit (subsequently for a greater value), there is no tax to pay in Belize on the earnings/gains.
Belize Land Ownership
When you buy a property in Belize and own Belize land, you own the land and real estate outright with a fee-simple title. Fee-simple title is outright and full ownership. There are a few ways to own property in Belize, and the fact you can own land outright is a major draw. The big draw to owning property and investing in Belize land is the fact that foreigners can buy property freely and have the reassurance that their property asset is protected. In Belize, foreigners have the same ownership rights as locals and residents.
Can Foreigners Own Belize Land?
Yes, foreigners can buy and own land in Belize and the Government of Belize welcomes foreign investment. Belize has full foreign ownership and foreigners have the same ownership rights as locals/nationals.
When buying Belize land there are no restrictions on foreigners owning land in Belize. When buying land. In Belize, foreigners have the same property ownership rights as Belizean citizens.
Belize land can be purchased in the name of an individual or a corporation (like an IBC).
Belize Land Buying Process
Buying land in Belize is a very easy and relatively straightforward process. It is much easier than in other Caribbean or Central American countries.
To purchase Belize land, the buyer submits an offer to purchase. A purchase agreement must be signed by both buyer and seller. After the agreement is signed by all parties, a deposit or down payment is held in escrow. Once due diligence (including title research) is done by a Closing Company the property or shares will be transferred to the purchaser.
For more detail on the Belize property purchase process contact us!
Best Place to Buy Belize Land
The best place to buy land in Belize will depend on your personal preferences and objectives.
Belize is a small country with a diverse landscape. You have the Caribbean Sea islands which reside along the Belize Barrier Reef and lush jungle rainforest in the interior. You can buy Belize land on a Caribbean island beach or in the jungle along a river – where you buy will depend on your wants and needs.
Ambergris Caye is the most popular destination in Belize and the largest island in the country. This makes it the most popular location for people interested in owning or investing in Belize land.
Belize Real Estate Listings
$10,000 — $1,500,000
This is a 300 square foot eco-friendly tiny home near Secret Beach and the West Coast of Ambergris Caye, Belize. The home is on a 60 x 75 feet lot and is is fully self-sustaining with solar power, a cistern, and a compostable septic system.
300 sq ft