Belize<\/a>, however, property taxes are surprisingly low. Real estate taxes are based on the undeveloped value of your land, which means that it doesn’t take the size or value of the home into account. Plus, the property tax rate is just 1.5 percent of the value of that undeveloped land, which is incredibly affordable. <\/span><\/p>\nThis means that property ownership in Belize is cheaper on a year-to-year basis than in many comparable destinations, keeping costs low and increasing your profits as a result.\u00a0<\/span><\/p>\n <\/p>\n
5. The Belize Real Estate Market is Far from Saturated\u00a0<\/strong><\/h2>\nWith all the clear benefits of real estate ownership in Belize, you might assume that it is a seller’s market or that property options are limited. In reality, the opposite is true. <\/span><\/p>\nIn Belize, it is still very much a buyer’s market. Although there has been growing interest from foreign investors over the last decade, the market is far from saturated.\u00a0<\/span>
\n<\/span>
\n<\/span>There is plenty of undeveloped land, and even beachfront property is still available for prices much lower than you might expect. Belize is now the <\/span>leading International Jurisdiction for offshore banking in Central America<\/span> and you\u2019ll find that your money can go further in Belize than in many other countries. Plus, you\u2019ll be hard-pressed to find a more beautiful location.<\/span>
\n<\/span>
\n<\/span>This is only the tip of the blue hole as to why real estate in Belize is a smart investment, particularly for those interested in diversifying their financial portfolio. Whether you’re searching for a retirement destination, a rental income, or a vacation home for the family, Belize offers a wide variety of real estate options that deliver many benefits.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"5 Reasons Why It’s Smart to Invest in Belize Real Estate Investing in and buying the best foreign real estate can feel overwhelming. After all, there are countless destinations where you can invest, and it is hard to know which spots have already reached their peak and which are trending upwards.\u00a0 We\u2019ve all heard the […]<\/p>\n","protected":false},"author":624,"featured_media":25100,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[9410,9409],"tags":[32,56,1136,340],"yst_prominent_words":[1837,2101,2113,1882,2110,2104,2102,2111,2109,2098,2112,2100,2106,2107,1878,2103,2108,2097,2105,2099],"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.escapeartist.com\/wp-content\/uploads\/2019\/05\/nature-3121267_1920.jpg","_links":{"self":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/25098"}],"collection":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/users\/624"}],"replies":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/comments?post=25098"}],"version-history":[{"count":13,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/25098\/revisions"}],"predecessor-version":[{"id":46480,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/25098\/revisions\/46480"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media\/25100"}],"wp:attachment":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media?parent=25098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/categories?post=25098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/tags?post=25098"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/yst_prominent_words?post=25098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}