Find Property and Real Estate expertise in Belize

Property prices in Belize recovered well from the 2008 financial crisis. Prices have been driven by the country’s booming tourist and construction industries, which has resulted in average prices that are high when compared to the regional average. This is slightly offset by the country’s low income tax of 3% on rental income, capital gains tax being non-existent, and the moderate roundtrip transaction costs. Belizean rental law is considered to be pro-landlord, with the courts making it easy for landlords to evict tenants and to claim related compensation and damages. There are no restrictions on foreign ownership of property. Estate agents are not regulated and thus there are no official regulatory bodies for estate agents in Belize, just a few informal organisations.