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.

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.

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.

Hurricanes are certainly a concern in Belize, the way other natural disasters (tornadoes, earthquakes, fires, floods, etc) are a concern for people in other countries. Fortunately, Belize is located in the southwestern part of the Caribbean, which is out of the way of traditional hurricane paths. Historically, Belize has experienced a major hurricane every few decades. Ambergris Caye was hit by a hurricane in 1942 and then again in 2000.