faq
What are the steps involved in purchasing real estate in Belize?
The process typically involves finding a property, negotiating terms, conducting due diligence, and completing the sale through a qualified Belize real estate company or an attorney.
Are there any restrictions on foreign ownership of property in Belize?
No, Belize welcomes foreign investment in real estate, and there are no restrictions on foreign ownership of property except for a few specific circumstances.
Can I stay in Belize long-term without applying for residency/citizenship?
Yes, upon entering Belize, visitors are granted a 30-day visa, which can be extended indefinitely by visiting a local immigration office every 30 days. In Southern Belize, these offices are situated in Punta Gorda and Dangriga. Each renewal incurs a fee of $100 US per person.
What are the requirements for obtaining permanent residency in Belize?
To qualify for Permanent Residence in Belize, applicants must meet the following criteria:
- Reside legally in Belize for at least 1 year before submitting the application.
- During this period, ensure that total time spent outside the country does not exceed 14 days.
- Provide evidence to the Immigration Office of financial stability, both presently and in the foreseeable future.
- Have no criminal convictions resulting in a prison sentence of twelve months or more, and not have received a pardon for such offences from any competent court in any country.
- For more information, visit: https://immigration.gov.bz/residence/residence-qualify/
What is the QRP program?
The Qualified Retirement Program (QRP) is designed to enable eligible individuals who meet specific income criteria to retire and settle in Belize permanently. To qualify, applicants must be at least 40 years old and receive a retirement income of at least $2,000 per month or $24,000 annually from an approved foreign currency source (such as US Dollar, Pound Sterling, Euro, or Canadian Dollar) outside of Belize. Benefits of the program include Belize Residency Status, Duty Exemptions (applicable within the first year for personal use imports), Tax Exemptions, and simplified land acquisition processes. For additional details, please visit: https://www.belizetourismboard.org/programs-events/retirement-program/
What are the costs associated with purchasing real estate in Belize?
Costs may include stamp duty, legal fees, title search fees, and any applicable taxes. Contact us for a detailed breakdown.
Are there any residency requirements for property owners in Belize?
No, there are no specific residency requirements for property ownership in Belize. However, there are various residency programs available for those interested in residing in Belize long-term.
What amenities and infrastructure are available in the jungle properties listed for sale?
Amenities and infrastructure vary depending on the property but may include access to utilities such as electricity, water, internet, and road access.
Can I build on undeveloped land parcels in Southern Belize?
Yes, it’s possible to build on undeveloped land parcels in accordance with local zoning regulations and building codes. It’s important to conduct proper research and obtain necessary permits before starting construction.
How do I register a company or business in Belize?
To incorporate or register a company or business name in Belize, foreign shareholders and owners are required to engage a Licensed Registered Agent. This agent is also necessary for registering entities like an International Limited Liability Company, International Foundation, or International Trust. For further details, please refer to: https://bccar.bz/post-registration-services/
How do I get married in Belize?
Getting married in Belize is recognized and legal worldwide. To begin the process, couples are required to spend a minimum of three days (72 hours) in the country prior to applying for their marriage license. After this period, typically on the first business day, the marriage application can be submitted to the Vital Statistics office in Belize City. The application process, which requires proof of citizenship (passport and original birth certificate), proof of divorce or death certificate if applicable, and a Senior Justice of the Peace as a witness, usually takes one day. Bruno Kuppinger, owner and real estate professional at Century 21 BTAL Toledo, is a licensed Senior Justice of the Peace authorized to conduct marriages and is available to assist with your wedding arrangements. Contact us for more info.