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Showing posts from April, 2023

Are Squatters a Concern in Belize?

Are Squatters a Concern in Belize? Home Belize Land Belize Property ... Are Squatters a Concern in Belize? Posted on December 2, 2022By Dustin RennieIn Belize Land, Belize Property, Belize Real Estate, Investing in Belize Are Squatters a Concern in Belize? No. The shortest possible answer is that Belize does not recognize squatters and squatters are not a concern when it comes to owning property in Belize. The tough anti-squatting laws and the fact Belize is “pro-landlord” make it such a safe investment and desirable place to own real estate. Belize real estate is a safe and secure investment and gives foreign investors peace of mind and a high degree of capital protection. Belize has tough anti-squatting laws and does not recognize squatting rights. Unlike Costa Rica, Panama, Honduras and other Central American countries Belize is pro-landlord and has very strict anti-squatting laws. In Belize, one can only claim title to a land or easement upon proof to the Supreme Court of Belize...

The Belize Barrier Reef

The Belize Barrier Reef Home Ambergris Caye Belize ... The Belize Barrier Reef Posted on December 5, 2022By Dustin RennieIn Ambergris Caye, Belize, Belize Tourism The Belize Barrier Reef The Belize Barrier Reef or Belize Reef is a coral reef system that extends the entire coast of Belize. The Belize reef (also known as Mesoamerican Barrier Reef System) is a 300-kilometer or 190 miles long. The Belize Reef is without a doubt the #1 tourist attraction in Belize. The Belize reef is roughly 980 ft (or 300 meters) from the East Coast of Ambergris Caye (in the northernmost area of Belize) and 40 kilometers (25 miles) from the coast of the Southern areas of Belize (Placencia & Punta Gorda). Even though the Belize Reef is mostly in Belize, it is referred to as the Mesoamerican Reef since it is continuous from the Cancun reef system on the northeastern tip of the Yucatán Peninsula and continues down towards Honduras. The Belize Barrier Reef is the second largest coral reef system in the wo...

Ambergris Caye Utilities

Ambergris Caye Utilities Home Ambergris Caye Ambergris Caye Real Estate ... Ambergris Caye Utilities Posted on December 6, 2022By Dustin RennieIn Ambergris Caye, Ambergris Caye Real Estate, Belize, Belize Property, Belize Real Estate Ambergris Caye Utilities We are often asked about Ambergris Caye utilities and how much they cost. Electricity, telephone, internet, water, and sewer utilities are all available and relatively reliable in San Pedro Town and on Ambergris Caye. On Ambergris Caye, the municipality of San Pedro (and the surrounding areas including developments that are located in and near town) have full access to utilities. For developments situated north and south of town, septic tanks or contained wastewater systems along with cisterns are typically used. Cisterns often are often used as a secondary source of water, and there is a reverse osmosis water treatment system in San Pedro Town that provides water to town residents and the developments/communities close to the mu...

Questions to Ask When Buying Land in Belize

Questions to Ask When Buying Land in Belize Home Belize Belize Land ... Questions to Ask When Buying Land in Belize Posted on December 9, 2022By Dustin RennieIn Belize, Belize Land, Belize Property, Belize Real Estate Thinking of Buying Land in Belize? The news on Belize is out. The Caribbean & Central American country of Belize has entered the world’s radar and is no longer a “secret.” Since Belize and Ambergris Caye are no longer secrets the Belize real estate market has been attracting a lot of attention from investors and people looking to relocate to a tax-friendly, English-speaking, tropical destination. Belize is full of opportunities; from residential properties that people intend to use for their own personal use (moving or retirement) to developing investment properties. When investing in Belize and buying land in Belize there’s something for everyone. If you’ve been considering purchasing property and real estate in Belize, it helps to understand and be knowledgeabl...

Currency Used in Belize & For Belize Real Estate

Currency Used in Belize & For Belize Real Estate Home Belize Belize Banking ... Currency Used in Belize & For Belize Real Estate Posted on December 9, 2022By Dustin RennieIn Belize, Belize Banking, Belize Real Estate, Investing in Belize Belize Currency The official currency used in Belize is the Belize Dollar (BZD; symbol BZ$). The Belize Dollar has a fixed exchange rate of 2:1 with USD ($2 Belize = $1 US Dollar). The Belize currency at an exchange rate of $2 BZD to $1 USD can be exchanged at most banks and hotels in Belize. There are not as many ATMs in Belize as people are used to at home. The ATMs in Belize generally accept most foreign cards (Canada & US). It is also important to note that when you are in Belize that the majority of businesses accept Credit Cards (MasterCard, Visa, and some AMEX). US dollars are also universally accepted in Belize at a rate of $1 US to $2 BZ, MasterCard. Tourism is the number one industry in Belize and most of our tourists are from Am...

Guide to Buying Belize Real Estate in 2023

Guide to Buying Belize Real Estate in 2023 Home Belize Belize Property ... Guide to Buying Belize Real Estate in 2023 Posted on December 10, 2022By Dustin RennieIn Belize, Belize Property, Belize Real Estate, Investing in Belize Belize Real Estate in 2023 As 2022 comes to an end and we look towards 2023, Belize real estate continues to boom as Belize is now very much on the world’s radar. When looking at the Belize market (considering we do not have an MLS), we have seen Belize real estate demand and prices trend upwards over the past 10 years. Going into 2023, demand is still on the rise. Properties on the islands that are popular tourist destinations like Ambergris Caye continue to be an excellent investment, for both appreciation and passive rental income. The tourism sector is booming and we saw 2022 Belize tourism rebound, nearly reaching pre-COVID numbers. Belize is a great place to live and invest. The lifestyle on Ambergris Caye has a very laid-back Caribbean vibe. If you are...

Introducing San Pedro Belize Public Transportation

Introducing San Pedro Belize Public Transportation Home Ambergris Caye Belize ... Introducing San Pedro Belize Public Transportation Posted on December 14, 2022By Dustin RennieIn Ambergris Caye, Belize, Belize Tourism, Mahogany Bay, San Pedro Belize, Secret Beach San Pedro Belize Public Transportation As San Pedro Town and the island of Ambergris Caye continue to grow and expand (both in population and tourism), there is an increased need for more services. One of the newly proposed services includes an easier and more affordable way to get around the island. This is the newly proposed public transportation system. A private entity, Taly Corporation, has been actively working on a public transportation system and route for San Pedro & Ambergris Caye going from Mahogany Bay through San Pedro Town, continuing north and heading west to Secret Beach. The Taly Corporation is looking to invest in and set up the Ambergris Caye public transportation system to make it easier and more affor...

Investing in Ambergris Caye Real Estate

Investing in Ambergris Caye Real Estate Home Ambergris Caye Ambergris Caye Real Estate ... Investing in Ambergris Caye Real Estate Posted on December 15, 2022By Dustin RennieIn Ambergris Caye, Ambergris Caye Real Estate, Investing in Belize Investing in Ambergris Caye Belize Real Estate In regards to investment, Belize is unique as it is both Central America & the Caribbean, the mainland including San Ignacio & Placencia has more similarities to the Yucatan Peninsula (Cancun, Playa Del Carmen, Tulum, etc), while Ambergris Caye Real Estate is more comparable to the Cayman Islands, The Bahamas, British Virgin Islands, Etc. The fact Ambergris Caye is an island, there is far more scarcity of property than being on the mainland in destinations like Placencia. As a real estate investor, scarcity works to your advantage for both rental income and property appreciation. The fact that Ambergris Caye is one of the few opportunities with high tourism growth and land available, makes it a...

Belize Real Estate Investment & Relocation

Belize Real Estate Investment & Relocation Home Belize Real Estate Investing in Belize Belize Real Estate Investment & Relocation Posted on December 19, 2022By Dustin RennieIn Belize Real Estate, Investing in Belize Belize Real Estate Facts About Belize Real Estate Belize Real Estate is becoming more and more of a hot topic for Americans, Canadians & Europeans as more learn about the tremendous benefits of owning real estate in Belize. Whether it be for investment or lifestyle purposes, Belize stands out amongst other countries in the Caribbean & Central America region for several reasons. These are the cornerstones of relocation to the county and are as follows: English Speaking When you consider that 90% of the U.S. only speaks English, this is a huge benefit of Belize. People love the fact that when they go to their doctor in Belize they can communicate in their native tongue or when they go to fill out legal documents they can read them in English. British Commo...

Facts About Belize Real Estate

Facts About Belize Real Estate Belize Real Estate is becoming more and more of a hot topic for Americans, Canadians & Europeans as more learn about the tremendous benefits of owning real estate in Belize. Whether it be for investment or lifestyle purposes, Belize stands out amongst other countries in the Caribbean & Central America region for several reasons. These are the cornerstones of relocation to the county and are as follows: English Speaking When you consider that 90% of the U.S. only speaks English, this is a huge benefit of Belize. People love the fact that when they go to their doctor in Belize they can communicate in their native tongue or when they go to fill out legal documents they can read them in English. British Common Law Belize is the only English-speaking country in the region, this is a direct result of British influence over the years. The British also left something else extremely beneficial behind, their legal system. Other countries in the region (M...

5 Mistakes People Make When Investing Offshore & How to Avoid Them

5 Mistakes People Make When Investing Offshore & How to Avoid Them Home Belize Investing in Belize 5 Mistakes People Make When Investing Offshore & How to Avoid Them Posted on December 19, 2022By Dustin RennieIn Belize, Investing in Belize Investing Offshore Mistakes to Avoid There are a number of mistakes people can make when investing offshore or purchasing a vacation home in a market outside the US or Canada. Belize Real Estate has become increasingly popular for investors and people looking to relocate to a warm tropical climate. There are far more than 5 mistakes people make when investing offshore, but we are going to touch on 5 of the most common. Here are the 5 Mistakes people make when investing offshore & how to avoid making them yourself. 5 Mistakes People Make When Investing Offshore Buying Real Estate Without Using an IBC. Buying or Selling Property Without Taking Advantage of “Owner-Carry Financing” Buying for Personal Use & Investment without a Strateg...