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Corozal, Belize

Should I buy or rent a home in Belize?

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If you have not spent a lot of time in Belize, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Deciding whether to buy or rent a home in Belize is ultimately a personal choice that depends on many factors. If you plan to stay for a long period of time, buying a home can be a great investment as you will own a valuable piece of property you can use as a vacation home. Additionally, owning a home in Belize may offer certain tax benefits that renting does not. On the other hand, if your stay in Belize is more transient, it may be more cost-effective and practical to rent so that you are not tied down to one location in the long-term. Ultimately, researching the market in Belize can help you to make an informed decision that best suits your needs," explained one expat living in Belize.

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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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"We purchased a lot along the sea and had a local builder construct a home for us. It was all done primarily through email correspondence and money transfers. He sent us regular pictures and reports to keep us informed," said another expat in Hopkins Village, Belize.

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Should I buy or rent a home in Belize?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

Corozal, Belize

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Traveling Mailbox lets you view your postal mail online anywhere and it's is affordable, simple, and flexible.
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