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FAQ

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  1. Why Belize?

Belize is a country with a stable government, growing population, favorable exchange rates, and beautiful weather. Belize experiences only two seasons: rain and dry. For many, Belize is a favorite vacation spot due to its preservation of the nature around it. Many of our customers choose Belize because they want a home that feels like a vacation all year long.

 

  1. What is life like in Belize?

Life in Belize is perhaps its biggest selling point. Temperatures range between 60°F and 90°F throughout the year. The official language of Belize is English and Criol with Spanish also being widely spoken. The currency exchange rate is fixed at US $1.00 = BZ $2.00, but because the US Dollar is accepted virtually everywhere in Belize, there is little need to exchange currencies. The food and culture is Latin-inspired.

 

  1. Is buying real estate in Belize difficult?

Purchasing real estate in another country has its own set of paperwork and regulations, similar to real estate in the United States. However, purchasing real estate in Belize is not more difficult, but requires a specific expertise to navigate through. If you have questions about the buying process, reach out here: http://www.century21belize.com/contact-us/.

 

  1. How long does the process take?

Similar to buying real estate in the U.S., the buying cycle can take a few months to complete. It depends on what you plan to do with your Belize property. Those investing in Belize real estate will have a shorter buying cycle than those wishing to move to Belize. Typically this process takes 30 to 90 days.

 

  1. Are there any programs for retirees?

Yes; anyone over 45 years or older can become a Qualified Retired Person. If you qualify, your personal effects can be imported free of duties and taxes. Additionally, you will be exempt from paying taxes/duties on all income/receipts from sources outside of Belize including income from work performed or investments. You can read more about our retirement programs here: http://www.century21belize.com/retirement-program/.

 

  1. Are there any regulations I should worry about?

Every new country comes with its own set of laws, regulations, taxes and import duties. The extent to which these affect you depend on your purpose for purchasing real estate in Belize. For example, those planning to live in Belize encounter very different regulations than people purely investing in Belize real estate.

 

  1. What food do the people of Belize eat?

The Belize diet is varied and Latin-inspired. Beans, rice, tortillas corn, local fruits and chicken/fish are staples of a Belize diet. It’s important to know that mealtime is very important in Belize, so some businesses and organizations close during mealtime and reopen later in the day.

 

  1. What sports are popular in Belize?

By far, soccer and basketball are the most popular sports in Belize. You will find, however, that most American sports besides Football have followings in Belize.

 

  1. What is the weather like in Belize?

The temperatures in Belize range from 60°F and 90°F throughout the year with a dry season and a rainy season (June to November). Belize’s annual rainfall averages from 60 inches in northern regions to 160 inches in southern areas. This is a very large increase compared to a 30 inch average yearly rainfall for the United States.

 

  1. What is the social life like in Belize?

Belize culture differs from that in the United States. The culture is much more informal and friendly with it actually being considered rude not to greet those you know when seeing them. For more information on the social culture of Belize, reach out to us with your questions at http://www.century21belize.com/contact-us/.

 

  1. Is Belize safe?

As with any country, crime statistics depend on where in that country you live. While Belize’s low population causes crime rates to be high in some areas, tourist districts and destinations have low major crime rates. There are also low terrorism, political, economic, religious and ethnic violence threats. As with other sea-side countries there is the possibility of hurricanes and tropical storms. For information on Belize’s crime rate, visit here: https://www.osac.gov/pages/ContentReportDetails.aspx?cid=19620.

 

  1. Do I need a lawyer to purchase property in Belize?

With any property purchase, you will want to employ expert, independent legal advice for every stage of the buying process.

 

  1. Do I need special permits to enter Belize?

Members of the EU and UK do not require a visa or special permit to enter Belize. The same rules apply for citizens of the US and Canada.

 

  1. Is Belize a good country for investment?

Property values in Belize have been rising steadily over the past few years. With road conditions and airports improving, tourism is expected to sharply increase property values further.

Placencia PropertiesBTALCOBTIAAREBBICSThe Belize Chamber of Commerce
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