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Showing posts from April, 2023

Belize Customs & Import Duties

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%, de...

Laguna de Banus Property Sales and Rentals

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Laguna de BanĂºs is without question one of the most exclusive urbanizations on the Costa del Sol. This is not only due to its impeccable location, but also the unmatched amenities that the development offers. When it comes to location, security and luxury, it does not get better than Laguna de BanĂºs. The esteemed urbanization sits beachfront on a plot of 24,000sqm, just a short walk away from the world-famous Puerto BanĂºs. Furthermore, the exclusive 5* Guadalpin BanĂºs Hotel and Ocean Club Marbella sit just moments away on either side of the development. Security is a top priority at Laguna de BanĂºs, with 24 hr. guards and over 32 CCTV cameras across the grounds. The urbanization is also gated, with electronic security at all access points ensuring strict control on who enters the development. In addition, there is a professional SPA, on-site, which is open 7 days a week. The luxuries of which include: An indoor heated swimming pool, jacuzzi, Scandinavian sauna and professional ...

The Impact Of Gated Communities On Urban Development

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05/04/2023 by vk Modern society is dependent on urban development because it determines how cities will evolve and how their inhabitants will live. The growth of gated communities and independent villas is one trend that has appeared in recent years. While these developments benefit locals greatly, they also have a big effect on urban growth. This study examines how gated communities and individual villas affect urban development. 8 Positive Impact Of Gated Community Villas On Urban Development Let’s have a look at some exciting impacts of independent villas and gated communities in urban development. Increased Property values Independent villas and gated communities can raise the worth of nearby properties. These communities can contribute to the neighborhood’s general desirability because they frequently offer upscale amenities and are well-maintained. The value of neighboring homes and businesses may rise as a result of this. Enhance Security Increased protection is one of ...

The Exodus of Americans Moving to Belize

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Every year, more-and-more people are looking at investing and relocating off-shore. Whether it is for lifestyle or retirement, Americans & Canadians are rethinking their lives and where in the world would provide the best future. This is shown by the recent migration stats. Americans & Canadians are leaving their home countries and seeking foreign visas in record numbers, according to immigration lawyers and expatriate organizations. Belize saw an unprecedented number of Americans not only inquiring about Belize real estate but also following through on their pledge and taking the steps to leave over the last 3-years (2020, 2021 & 2022). This is seen by the growth in the expat population on Ambergris Caye over recent years. The number of Americans who were recorded as having given up their citizenship or U.S. residency soared to 5,816 in the first six months of 2020, compared with 2,072 in all of 2019, according to data from the Internal Revenue Service. Dan Prescher, t...

Investing in Ambergris Caye Real Estate

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Home Ambergris Caye Ambergris Caye Real Estate ... Investing in Ambergris Caye Real Estate Posted on December 15, 2022By Dustin RennieIn Ambergris Caye, Ambergris Caye Real Estate, Investing in Belize Investing in Ambergris Caye Belize Real Estate In regards to investment, Belize is unique as it is both Central America & the Caribbean, the mainland including San Ignacio & Placencia has more similarities to the Yucatan Peninsula (Cancun, Playa Del Carmen, Tulum, etc), while Ambergris Caye Real Estate is more comparable to the Cayman Islands, The Bahamas, British Virgin Islands, Etc. The fact Ambergris Caye is an island, there is far more scarcity of property than being on the mainland in destinations like Placencia. As a real estate investor, scarcity works to your advantage for both rental income and property appreciation. The fact that Ambergris Caye is one of the few opportunities with high tourism growth and land available, makes it a unique opportunity in today’s market. ...

Belize Real Estate Investment & Relocation

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Home Belize Real Estate Investing in Belize Belize Real Estate Investment & Relocation Posted on December 19, 2022By Dustin RennieIn Belize Real Estate, Investing in Belize Belize Real Estate Facts About Belize Real Estate Belize Real Estate is becoming more and more of a hot topic for Americans, Canadians & Europeans as more learn about the tremendous benefits of owning real estate in Belize. Whether it be for investment or lifestyle purposes, Belize stands out amongst other countries in the Caribbean & Central America region for several reasons. These are the cornerstones of relocation to the county and are as follows: English Speaking When you consider that 90% of the U.S. only speaks English, this is a huge benefit of Belize. People love the fact that when they go to their doctor in Belize they can communicate in their native tongue or when they go to fill out legal documents they can read them in English. British Common Law Belize is the only English-speaking...

Belize Land & Land Titles

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Foreigners and Non-Belizeans are able to purchase land, real estate, and property in Belize. The full title of the land and property is granted to non-Belizeans just the same as it is given to Belizean nationals. Belize is one of the only countries in the region with fee-simple land title ownership and full-foreign ownership. Even though Belize has full foreign ownership and foreigners are able to own Belize land with a fee-simple title, there are a few types of Belize property ownership that buyers and investors should be aware of and not all types of property ownership in Belize are equal. In Belize, when you buy land that has a title, the original or certified copies of Belize land documents registered with the Lands Department are issued as proof of ownership. The land title will have either the owner’s name or a corporate entity (like Chapter 250 or IBC). In Belize, for a land transaction to take place proof of ownership is required. When buying Belize Real Estate, it is advise...

Buying Real Estate in Belize Process

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Buying Real Estate in Belize Process Home Buying Real Estate in Belize Process Posted on January 16, 2023By Dustin RennieIn Belize Property, Belize Real Estate, Investing in Belize Belize Real Estate Buying Belize Real Estate is very easy and the process is much like in North America (USA & Canada). Belize is one of the few countries in Central America & the Caribbean where foreigners enjoy the same property ownership right as nationals in land ownership and tenure. When a foreigner buys property in Belize, they own it outright with a fee-simple land title. The preferred practice of owning Belize real estate is through a fee-simple title which is clear title freehold ownership. Foreigners can own property in Belize as an individual or through a Belize Chapter 250 (Limited Liability Company) or with an International Business Company (IBC). A property (like Belize land) will have a title that would be issued by the lands department. Condominiums in Belize are purchased through...

Belize QRP Qualified Retired Person Incentive Program

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Belize QRP Qualified Retired Person Incentive Program The Belize Qualified Retirement Program (QRP) was created to facilitate eligible people who meet the needed requirements, to obtain residency while allowing them an easy way to permanently live and retire and relax in Belize. Belize is recognized as a top tourist destination and is also considered to be a top destination for people looking for retirement in the Caribbean. To incentivize people to move and retire in Belize, the Belize Tourism Board (BTB) put in place the Qualified Retired Person Incentive Program (QRP). The QRP was developed in the 1990s to open doors for anyone over the age of 45 who is looking to retire in the Central American-Caribbean paradise of Belize. Belize offers retirees a lot of upsides; English-Speaking, British Common Law, Low-Tax Jurisdiction, close proximity to home, and warm Caribbean Climate. With the influx of retirees and Baby Boomers, Belize has developed a “Permanent Tourist” sector. The QR...

Belize Travel & Visa Requirements

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Belize is a very easy country to travel to and US & Canadian travelers do not require any visas when traveling to Belize. Actually, most countries and passports are able to travel to Belize freely and without a visa for 30 days. If you are visiting Belize as a tourist, you do not require a visa. When you enter Belize, you are issued a 30-day tourist visa in your passport. If visitors planning to stay longer than 30 days, they must have their passport re-stamped by a local immigration office. If you are extending your Belize stay longer than 30 days, the passport must be issued a new stamp, and pay an additional fee for every additional month they wish to stay. Visitors are able to continue to renew their tourist visa if they want to stay in Belize, without restrictions on length (as long as they get their visa renewed). This makes it very easy for people planning on relocating to Belize as they have no restrictions when it comes to the length of stay and duration. You can contin...

Property & Tourism in Phillipines

  The Philippines is a country situated in Southeast Asia, consisting of over 7,600 islands. With its diverse culture, stunning natural landscapes, and world-renowned hospitality, it has become an increasingly popular destination for tourists. In this essay, we will focus on the property and tourism industries of the Philippines, discussing their current state, potential for growth, and the challenges they face. Property Industry The property industry in the Philippines has seen significant growth in recent years, driven by a combination of factors such as rapid urbanization, an increase in foreign investments, and the government’s focus on infrastructure development. According to a report by Colliers International, the property market in the Philippines is set to continue its growth trajectory, with demand outpacing supply in many segments. Residential Property The demand for residential property in the Philippines has been increasing over the past decade. A report by PwC suggests...

Top10 Realestate company of Phillipines

  Ayala Land - https://www.ayalaland.com.ph/ SM Prime Holdings - https://www.smprime.com/ Megaworld Corporation - https://www.megaworldcorp.com/ Robinsons Land Corporation - https://www.robinsonsland.com/ Filinvest Land Inc. - https://www.filinvestland.com/ Vista Land & Lifescapes, Inc. - https://www.vistaland.com.ph/ DMCI Holdings, Inc. - https://www.dmciholdings.com/ Century Properties Group, Inc. - https://www.century-properties.com/ Federal Land, Inc. - https://www.federalland.ph/ Rockwell Land Corporation - https://www.e-rockwell.com/