This field is for validation purposes and should be left unchanged.

The Belize Real Estate Boom Continues

The Belize Real Estate Boom Continues

When I first moved to Belize, almost a year ago, I wrote a short article titled Booming in Belize. It was apparent to me right off the bat that things were “booming” all across this great country – the Belize real estate boom in particular. While it was immediately apparent, and indeed true, I didn’t actually grasp just how true it was.

When you move to Central America or any region of the world for that matter, you will inevitably become a participant in a new and different economy than the one you are used to. That means the foundations of the U.S. economy that have supported financial dealings for your whole life will, for the most part, be replaced by another set of values, circumstances, and realities. This can be jarring for some. Part of the reason Belize is doing so well right now is because of the accessibility that expats and other foreigners have to participate in the economy there.

Belize’s economy is actually one of the strongest in the region, and it can be extremely eye-opening to someone who has not participated in other economies outside the U.S. or other western nations.

The Belize real estate market in particular (residential construction and new home sales) is often a good selection of economic indicators to reveal how a national economy is doing. Homes for sale in Belize are some of the highest quality, expat-friendly accommodations available in Central America and the Caribbean. The Belize real estate market is competitive and growing, yielding advantages for both sellers and buyers. And buying real estate in Belize is a straight forward process.

But for most people, it’s usually best to visit a place before you decide to move there. The best way to conduct your due diligence when deciding where to purchase real estate is to make at least one visit to see how you are welcomed, how you like the area, the climate, and the people. This is partly why Belize is so focused on the tourism sector of its economy – it brings in not only tourism-related revenue but also Belize real estate investments.

With government incentives for retirees, business owners, and investors; having English as the official language; and the Belize Dollar pegged at a 2:1 ratio with the U.S. Dollar, there is a long list of reasons why people like you are choosing to move here.

Enjoy this podcast from The Expat Money ShowJohnnyFD who talks about moving from the USA and living in Bali and Thailand.

In fact, the first half of this calendar year has been one of the most record-breaking periods for the tourism sector in Belize. Tourism is the biggest and fastest-growing industry countrywide. January through June of this year brought more than a 16 % increase in stayover visitors to Belize, making it one of the fastest-growing destinations in the Caribbean. Each of those six months saw double-digit increases in the percentage of arrivals when compared with the same month just one year prior. Around 70% of tourist arrivals are from the United States.

Belize Tourism Board commented on the increasing visitation, saying: “The tourism industry in Belize continues to achieve impressive results and will work towards maintaining this increasing trend throughout 2016.”

I will continue to cover this hotbed of opportunity that is growing in Belize. All you need to know is that now is the best time to visit or start your investment.

Here is probably the most extensive ebook on Everything You Ever Wanted To Know About Eliminating Your Taxes, Protecting Your Assets And Regaining Privacy Over Your Life And Investments. It is called The Ultimate Guide To Going Offshore.  

I hope you enjoyed reading this article: The Belize Real Estate Boom Continues. If you have any questions, please contact our office HERE.

I’ve included some great articles for you to read, enjoy!

How To Get A Second Passport By The End of 2020

16 Reasons Why Belize Is the Perfect Country to Move To

Hopkins and Placencia Belize on the South Central Coast

 

Featured

The Dark Side of Wanderlust
How to Avoid Double Taxation
Why Now Is a Great Time to Consider Cyprus
How to Build Wealth While Living Overseas
The Power of Solo Travel
The Bold Experiment of Liberland
Muriwai Gannet Colony, Muriwai Beach, New Zealand.
10 Reasons Why Now’s a Great Time to Buy in The Bahamas
A Practical Guide to Offshore Banking
How Greenland Became the Arctic’s New Frontier
Your Gateway to Freedom
El Salvador’s Stunning Comeback
Top 10 Things to Know if You’re Moving to Costa Rica
Top 10 Things to Know if You’re Moving To Thailand
Love Across Borders
The 12 Best Countries to Gain Citizenship by Descent
The Hidden Side of Ho Chi Minh City
The Heart of a Wanderer
Editors’ Welcome
EA Subscribe

TRENDING

Plan B is Essentials in 2025
Global Roundup- Turbulence and Tipping Points
Global Roundup- Pressure Points and Public Pushback
Global Roundup: Defense, Detention, and Defying Limits
Global Roundup- Borders, Business, and the Battle for Resources
Global Roundup- Migration, Markets, and Tourism Shifts
Global Roundup: Power, Policy, and Economic Divides
How to Safeguard Your Wealth in an Uncertain World
Global Roundup- Migration Battles, Travel Costs, and Expats in Flux
Global Roundup- Passports Property and Policy Shifts