Published on 12 April 2007 at 11:55 am
Filed in Property News for Belize » 7 Reasons to Invest in Property in Belize
While we can talk until the cows come home about the stability of the property market in Belize, the fact that US baby boomers are increasingly interested in retiring to Belize and that the local realtors are becoming better regulated etc., etc., that doesn’t really get to the heart of the matter for you, a potential investor.
We understand that when you’re looking at a nation you’re looking for reasons WHY you should invest in it…so, in this article we cover seven reasons to invest in property in Belize – these seven reasons are unarguable and in our opinion they are the only reasons you need to consider!
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Real estate investors considering making a land or property purchase in Belize are afforded the same legal rights as Belizean citizens when it comes to freehold property ownership.
There are few restrictions applied to international purchasers and because the legal system in Belize is based on British common law the entire property buying process is relatively transparent and easy to navigate.
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Belize is being billed as ‘the next big’ thing in terms of Caribbean real estate investment opportunity, and yet so far it remains an affordable marketplace in which an investor can begin or continue building a successful and diverse property portfolio.
Belize affords the investor a unique and fantastic chance to get in on both a fast emerging tourism market and an emerging second home destination that’s growing more popular annually with the soon to retire US baby boomer generation.
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Investment property hunters and retirees looking for real estate in the sun are targeting Belize in earnest and it’s not hard to figure out why. Belize has 386km of stunning palm fringed coastline which is caressed by the clear and clean waters of the warm Caribbean Sea and as a result this Central American country is quite a dichotomy as culturally it embraces both the best of the Caribbean and the best of Central America. Its attractions and general appeal are great.
Property buyers from the US have long been attracted to the amazing array of cheap properties available for sale in Belize, particularly in the Cayes and around Belize City, but in recent years with the creation of the Retired Person’s Incentive Program and the growth in Belize’s position as an offshore centre of some note, the interest in the country has been growing and it is now beginning to attract investors and buyers to the real estate sector from very far afield.
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