What do I need to know when buying property in Belize?
When we asked expats what advice they would give a foreigner before buying a property in Belize, they said...
"I strongly recommend handling any land purchases through a Belizean law firm, to make sure the property title is free & clear, that the owner is up to date on taxes, etc. The cost of an attorney’s services is well worth the peace of mind! I made an $120k mistake by skipping this crucial step! Also, make sure the property has easy access/egress, and basic infrastructure (electricity, water, drainage.) Ask people in the area what it’s like during various seasons (dry/rainy.) Ask them where they shop for various items and where they go if they need a doctor or dentist. Based on what type vehicle you own, the distance to stores, etc. can be critical. There are tons of gorgeous properties available in Belize. Good luck," remarked another expat in Belize.
"The Caribbean is great (and inland is also very nice), but I would be very wary of "investment opportunities." In Belize, it is easy to buy, but MUCH harder to sell. There is always a consortium planning an " ideal" development that never seems to come to fruition. I have been watching the 4Sale signs from one guy that have been up from before I moved here... 7 years ago," said a member in Belize.
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It's impossible to confuse citizenM with any other hotel. We don't look or sound like anyone else. Bold, vibrant, and artistic - that's us. Our rooms cater to modern travelers - enormous ultra-comfortable beds, unlimited free Wi-Fi and 24/7 food and drinks always waiting at canteenM. And best of all, our ambassadors are every guest's best friend.
CitizenMIt's impossible to confuse citizenM with any other hotel. We don't look or sound like anyone else. Bold, vibrant, and artistic - that's us. Our rooms cater to modern travelers - enormous ultra-comfortable beds, unlimited free Wi-Fi and 24/7 food and drinks always waiting at canteenM. And best of all, our ambassadors are every guest's best friend.
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Other Questions:
- What do I need to know before moving to Belize?
- How do I find a place to live in Belize?
- What is a typical expat home or apartment like in Belize?
- What is the average cost of housing in Belize?
- Should I buy or rent a home in Belize?
- What should I pack when moving to Belize?
- What cultural faux pas should I try to avoid making in Belize?
- Why do people move to Belize?
- What are healthcare services like in Belize?
- What are medical services in Belize like?
- What are typical rents in Belize?
- What appliances are typically included in a rental?
What do I need to know when buying property in Belize?
If you live in Belize, newcomers to Belize would love to hear your answer to this question:
About the Author
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.
