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San Pedro, Belize

What do I need to know when buying property in Belize?

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When we asked expats what advice they would give a foreigner before buying a property in Belize, they said...

"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," commented one expat who made the move to Belize.

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"Also be aware when buying a home, realtors can work for the buyer and seller so I don’t see in this case how they would chose which one to work for in their best interests. Also sellers are not legally obliged to tell you of any issues with the home so do a proper inspection before buying. Only the newer houses are built to American standards but of course they will cost more," remarked another expat in Corozal, Belize.

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What do I need to know when buying property 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.

San Pedro, Belize

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