Finding Real Estate in Belize

People interested in the purchase of some Belize real estate are generally advised, as an initial step before the commitment of purchasing any land or some other form of property, to apprise themselves of the specific location of such real estate. In this regard, Belize real estate can be identified as being located in a Central American nation, one which is the most northerly area of this part of the world. Moreover, Belize was once known under the colonial name of British Honduras. Belize Real Estate may be on the Caribbean Sea, as is east of the county, or it may border Guatemala, on the nation’s southern and western boundaries, or Mexico, on its northern boundary. Proponents for the purchase of Belize real estate have noted and argued that the county has been experiencing a recent rise in popularity among people foreign to the county, both as a tourism destination and as a site for retirement. In this regard, the cruise industry reported that the 2003-2004 saw an increase in the popularity of the country of more than half, correspondingly contributing to the value of Belize real estate. Belize real estate may be more attractive to Europeans than U.S. citizens, due to the strength of the Euro against the dollar, and the nation is also noted for having a higher cost of living than the nearby Guatemala and Mexico. Belize real estate may still be an attractive investment due to the nation’s low, 1% property tax rate and lack of any capital gains tax.