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Showing posts from April, 2023

Belize Customs & Import Duties

Belize imposes import duties on a wide range of goods that are imported into the country. The import duty rates can vary depending on the type of goods, their value, and their country of origin. Here are some of the main categories of goods and their corresponding import duty rates in Belize: 1. Food and agricultural products: Import duties on food and agricultural products can vary depending on the type of product. For example, import duties on meat products can range from 10% to 40%, while duties on fruits and vegetables are generally lower, ranging from 0% to 25%. 2. Vehicles: Import duties on vehicles can be high, with rates ranging from 45% to 72% depending on the type of vehicle, its value, and its age. 3. Electronics and appliances: Import duties on electronics and appliances can range from 0% to 40%, depending on the type of product and its value. 4. Clothing and textiles: Import duties on clothing and textiles can range from 5% to 30%, depending on the type of product. 5...

Why People Are Looking at Belize & Ambergris Caye?

Why People Are Looking at Belize & Ambergris Caye? Belize Real Estate & most of all Ambergris Caye Real Estate have seen a boom over recent years. Most of the buyers are people looking at living and/or investing overseas. This is seen by the growth in Belize real estate transactions over recent years; While there is no nationwide MLS for Belize to track the total sales data and the number of real estate transactions, RE/MAX Belize is the largest real estate company in Belize with over 100 agents in 13 offices and shows a good indication of where the market is at and how it has grown. Total sales volume increased 8.7% from 2019 to 2020, followed by a staggering 167.7% from 2020 to 2021. Based on current year-end projections, sales volume and real estate transactions in Belize are expected to grow by 301.5% year-over-year from 2021 through 2022. From the beginning of 2020, at the start of the COVID pandemic, through to 2021, total Belize real estate sales volume has increased...

Investing Offshore Mistakes to Avoid

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 1. Buying Real Estate Without Using an IBC. 2. Buying or Selling Property Without Taking Advantage of “Owner-Carry Financing” 3. Buying for Personal Use & Investment without a Strategy. 4. Buying Property in an Overly Saturated Market. 5. Buying Without a Reliable Ownership Structure 1. Buying Without Using an IBC (International Business Corporation) Owning property in an IBC (an entity structure separate from ...

Misconceptions About Moving to Belize

Misconceptions About Moving to Belize Belize is an amazing place to live and there are tons of opportunities for people not only looking to retire but also invest and/or start a business. Moving to Belize is much easier than in other countries with a lot of incentive programs in place. But there are a few things everyone should know before moving to Belize (to avoid any surprises). The lifestyle in Belize & Ambergris Caye is amazing and it is easy to see why so many people are making the move every year. Here are the 5 biggest misconceptions about moving to Belize! If you’re considering moving to Belize from the US or Canada be sure to give this video a watch before doing so. We break down some of the key things you should know before making a move to Belize and 5 misconceptions people have before making the transition Misconception 1: Belize is All the Same Belize has a very diverse landscape ranging from the Caribbean Islands of Ambergris Caye & Caye Caulker to the lush R...

What Makes Belize Real Estate So Attractive?

What Makes Belize Real Estate So Attractive? Compared to a lot of places Belize offers an outstanding quality of life. The quality of life exceeds the warm tropical climate (which is very consistent year-round). Ambergris Caye is a perfect location for a young family looking for a better lifestyle, or an investor/business owner who wants to get in on Belize’s growing tourism industry or diversify their investment portfolio. Belize is also the perfect destination for individuals looking to retire in a warm, affordable place to call home. Whether you are looking for personal use or investment, Belize real estate has a lot to offer. If you are on Ambergris Caye, the weather is warm year-round, and you can enjoy sunny skies and a tropical Caribbean climate almost every day of the year. If you enjoy outdoor activities and being active you will be mesmerized by the water-based recreation, and endless hiking trails. Belize has all of the charms of the Caribbean. People in Belize and Ambergris...

Ambergris Caye Real Estate

Ambergris Caye Real Estate Ambergris Caye is an island on the western coast of Belize and on the northern Caribbean side. Ambergris Caye is the most popular tourist destination in Belize. San Pedro is the main municipality on Ambergris Caye and is a well-developed town with all the amenities and infrastructure you could need. San Pedro boasts high-end, luxurious resorts and real estate opportunities for personal use or investment. With its scenic surroundings (with the reef just off the East Coast and sandy West Coast beaches) and lively nightlife, it is easy to see why Ambergris Caye is so popular for tourists and expats and why it is the #1 destination in Belize. Belize Real Estate for Foreign Investment When it comes to owning off-shore, Belize is one of the only countries in the region with full foreign ownership where foreigners have the same ownership rights as locals (nationals). Belize is one of the few countries in the world that has full foreign ownership and foreigners hav...

Ways To Own Belize Real Estate

Ways To Own Belize Real Estate There are a variety of ways to own property and real estate in Belize. Belize has a lot of incentive programs in place to make purchasing real estate easier and remove some of the tax obligations. When buying real estate in Belize you can property in your personal name, a corporation (like and IBC), or a Belize trust. Belize is an excellent choice if you want asset protection. When you are looking at investing in an offshore market like Belize, there are 4 pillars a person should look for regarding real estate investment; 1. Capital Protection: How safe is the investment? In Belize, there is full outright ownership. Belize is also pro-landlord and does not recognize squatting rights. 2. Capital Growth: The appreciation of an asset. Belize is growing, and with growth comes increased demand. Belize is an appreciating market. 3. Yield (Cash Flow): Can you produce passive income from the property? In Belize, you can rent out a home or condo with ease. You ...

Buying Belize Real Estate

Buying Belize Real Estate Hiring a reputable Belize real estate agent can help you navigate the process and find a property that is inline with your needs and/or investment goals. Our team at RE/MAX Belize are here to help answer your questions and aid in your property search. It is important when making a purchase and investment off-shore that you work with a professional real estate office. Also having someone who understands the Belize market that can steer you to the right areas and the best properties. When buying real estate in Belize it is important to rely on your realtor for your property search. We do not have a standard MLS in Belize, which makes a real estate agents job even more important. Your RE/MAX Belize Real Estate Agent can explain the process to you and expedite the purchase process. Belize has a lot of advantages and offers owners and investors affordable prices, high rental income, and low taxes. The ease of purchasing real estate in Belize is very similar to the ...

Amenities in Florida beach

1. Beach Chairs and Umbrellas One of the most basic amenities you'll find at any Florida beach is the availability of beach chairs and umbrellas. Many beaches have rental stands where you can rent chairs and umbrellas for the day, so you don't have to lug your own gear to the beach. Having a comfortable place to sit and relax in the shade is essential for a day of sun and fun. 2. Showers and Restrooms Another important amenity you'll find at Florida's beaches are showers and restrooms. After spending time in the salty ocean water, it's important to be able to rinse off the salt and sand before heading home. Additionally, restrooms are a must-have for beach-goers who plan to spend the day at the beach. Most beaches have restrooms and outdoor showers available for public use. 3. Beach Volleyball If you're looking for a fun activity to do on the beach, many Florida beaches have volleyball courts available for public use. Whether you're a serious player or just ...

POST COVID PROPERTY INVESTMENT BOOM IN MARBELLA

POST COVID PROPERTY INVESTMENT BOOM IN MARBELLA There has been a discernible shift in the real estate market since the outbreak of the epidemic. People are searching for more room and privacy outside of busy cities, and Marbella, with its gorgeous villas, is the ideal location. Luxury modern villa sales in Marbella have significantly increased after a year of lockdowns and restrictions as more and more people travel to the well-known Spanish town in quest of a new property. The market for Marbella and the neighboring areas peaked by the end of 2021. In comparison to 2021, the first six months of 2022 likewise experienced an increase of 65%, and there is little doubt that this trend will continue throughout this year. Sales decreased dramatically for the first time since the 2008 recession when the COVID-19 pandemic struck in 2020, falling to just over 1,000 sales in the first six months. The region provides a superb balance of affordability and luxury, with villas frequently selling f...

WHAT MAKES THE MARBELLA CLUB HOTEL SO PRESTIGIOUS?

WHAT MAKES THE MARBELLA CLUB HOTEL SO PRESTIGIOUS? History of The Marbella Club hotel The Marbella Club name holds an air of luxury and exclusivity. However, what many people do not know is that the history of the hotel is also aristocratic. Finca Santa Margarita, now known as the Marbella Club, was purchased by the von Hohenlohe family in 1947 and was transformed into The Marbella Club in 1954 by Prince Alfonso von Hohenlohe-Landenburg of Germany. The hotel was one of the first to open in the small fishing village of Marbella and included just twenty bedrooms. The hotel has grown somewhat since then and now boasts 135 rooms, including 37 suites, several bungalows and 8 exclusive grand villas. Alongside the opening of Puerto Banus in 1970, this world-famous hotel helped secure Marbella as the favourite European resort. Previous guests of The Marbella Club Hotel Over the last 60 years the Marbella Club has played host to a variety of millionaires, royalty and aristocracy. European Royal...

Americans are moving to Marbella

Americans are moving to Marbella According to a recent study, interest among North Americans in our region of the world has unexpectedly increased. This is true for both visitors and potential homebuyers. The interest in the so-called Golden Triangle, which also encompasses Benahavis and Estepona, is not exclusive to Marbella alone. This enthusiasm is reflected in an increase in online enquiries about real estate for sale in Marbella and other areas of the Golden Triangle. This is at a time when there have been a modest 15% increase in American purchasers and residents in the area over the past year, and this figure now appears poised to continue rising. This renewed interest in Spain, particularly southern Spain follows the COVID-19 era. And it seems luxury villas in the seaside areas of Marbella and Estepona as well as the country clubs that extend into Benahavis are where the interest is concentrated most. With its climate, infrastructure, cosmopolitan attitude, low levels of crime,...

necessity of second home

A second home, also known as a vacation home or a weekend home, is a property that is owned or rented for leisure purposes in addition to a primary residence. While owning a second home is not a necessity, it has become increasingly popular among individuals who have the means to afford it. In this essay, we will explore the reasons why some people consider owning a second home a necessity. First and foremost, owning a second home provides a means of escape from the stress of daily life. For many people, their primary residence is located in a bustling city or a densely populated area, where traffic and noise pollution are an everyday occurrence. A second home, on the other hand, may be located in a quiet and peaceful location, such as the countryside or near a lake or beach. This provides a change of scenery and an opportunity to unwind and recharge. Additionally, a second home can offer a sense of privacy and solitude that is often difficult to achieve in a primary residence. Secon...

Top 20 Realestate company worldwide on the ground of revenue generation in 2021

CBRE Group, Inc. - https://www.cbre.com/ JLL (Jones Lang LaSalle) - https://www.jll.com/ Colliers International Group Inc. - https://www.colliers.com/ Cushman & Wakefield - https://www.cushmanwakefield.com/ Newmark Group, Inc. - https://www.ngkf.com/ Knight Frank - https://www.knightfrank.com/ Savills plc - https://www.savills.com/ Engel & Völkers - https://www.engelvoelkers.com/ Berkshire Hathaway HomeServices - https://www.bhhs.com/ RE/MAX - https://www.remax.com/ Sotheby's International Realty - https://www.sothebysrealty.com/ Coldwell Banker - https://www.coldwellbanker.com/ Keller Williams Realty - https://www.kw.com/ Christie's International Real Estate - https://www.christiesrealestate.com/ Compass - https://www.compass.com/ Century 21 Real Estate LLC - https://www.century21.com/ Redfin - https://www.redfin.com/ Zillow Group - https://www.zillowgroup.com/ Trulia - https://www.trulia.com/ Rightmove - https://www.rightmove.co.uk/