About Belize

What is the weather like in Belize?
Belize enjoys a subtropical climate with bright sunshine all year round. We may experience intermittent showers, which help to keep our country green and lush. The come and go rapidly however and are primarily focused on the mainland as oppose the islands like Ambergris Caye. The days are warm with an average annual temperature of 80 degrees. The mountain areas experience cooler weather than the islands and coastal plains.
Is it Easy for a Foreigner to Buy a Home and Land in Belize?
Yes. It is exceedingly easy to buy a home and/or land in Belize contrasted to elsewhere. A foreigner has the same rights as a Belizean citizen to property ownership. If you are researching this and come across a reference to an “alien landholding license” or the Alien Landholding Act, please note that the Act was abolished in 2001. And now foreigners have equal property ownership rights. If you’ve done research on other jurisdictions, you know that this is quite rare in much of the Western Hemisphere, and rarer still in developing nations.
How Do I Buy Land in Belize?
The first step, of course, is to submit an offer to the seller. The offer form is legally binding to both parties and includes a due diligence period for the buyer.

Once the seller accepts the buyer’s offer, if the buyer doesn’t already have a Belize real estate lawyer, he or she would usually retain one at this point. Even if you do not retain the services of the Belize attorneys at Wrobel & Co, do not let somebody talk you into retaining no legal representation at all. There is too much on the line to risk fraudulent title during the next step of the process: title research.

Once satisfactory title research is completed (i.e., the seller actually owns the Belize property in question), an Agreement for Sale is created and signed and witnessed by a Justice of the Peace. The payment amount (either down payment or full purchase price) is due into escrow at the time specified on the purchase offer form or Agreement of Sale.

The Belize property transfer documents are then executed and delivered to the buyer and (hopefully) the retained Belize real estate lawyer for review. The Belize lawyer finalizes the documents and funds are released from escrow.

Lastly, the executed documents will be processed at the Belize Lands Registry and an original title or certified copy of the Agreement of Sale will be presented to the buyer.

Easy enough, but you’ll certainly want to speak with a Belize real estate attorney about the process before you begin.
Do I Need to be in Belize to Buy or Sell Property?
No, many Belize property transactions are completed when one or both of the parties (i.e., buyer or seller) are outside of Belize. The real estate transaction documents are sent to the absent party or parties via FedEx and executed in front of a notary public overseas. Purchase offers can be submitted by facsimile, which is legally binding in the country.
What are Property Taxes like in Belize?
Belize property taxes are affordable. Most properties are taxed at 1.5% of its assessed value, and assessments are usually 10-30% of the property's market value.

Compare this information with other countries and you'll understand why so many people are buying Belize vacation homes, buying Belize land, and buying Belize property.
What Currency Is Primarily Used for Belize Real Estate Purchases?
Most major transactions of Belize vacation homes, Belize property, and Belize real estate are made using U.S. dollars. The Belizean local currency is also frequently used.
How are the Construction Standards in Belize?
The construction standards in Belize vary depending on the type of contractor you hire, their experience, and what you are paying for as far as quality of building materials. As a result, the construction standards in Belize range from the very low to the very high.

There are some fantastic high priced structures recently constructed here in Belize City using modern technology and techniques and modern materials. There are some great engineers and architects here in Belize and there are some engineers and architects on the low end as well.

If someone is interested in coming to Belize and building a structure, whether a Belize vacation home or Belize permanent residence, they should do their due diligence. Certainly, there are qualified professionals to assist and put up a world class structure for you in this country but at the same time, if you don’t do your due diligence, ask around, and ask for references, there are also probably several contractors that would not produce a building that would be adequate or satisfying for someone coming from the more developed world.

Certainly, there is a need to apply for and be granted a building permit before erecting structures in Belize. There is a building authority that does inspections of buildings before they are deemed habitable. As far as installing electricity to a building, there are certain codes in place and the building needs to be inspected by Belize Electricity Limited prior to them turning on current to a structure. So licensing, permitting, and inspections are needed for a building or buildings in Belize to exist.

There are no skyscrapers in Belize. There are no huge units, or anything of that nature. The inspectors in Belize do a sufficient job and the Belize real estate attorneys at our Belize law firm haven’t heard of any unsafe buildings being constructed or anyone getting hurt.