When buying property in Belize, a good tax advisor and general knowledge of the tax system are important in order to make a wise buy
When investing in Belize property, it is always good advice to consult a tax expert locally who can help advising you on your specific situation – however, below is some general guidance when it comes to taxes applicable to investing in Belize.
Purchaser pays 10% on amounts above $10.000 USD at the time of purchase.
There is no Capital Gains Tax in Belize. We can also assist you in establishing a local corporation, which would allow you access to banking facilities locally – this is something that can be very attractive, as Belize is knows as a “tax haven” throughout the world.
Belize uses “millage rates” in the same way the United States does, and it produces some VERY low property taxes. The standard tax on a residential (vacant) land lot that was bought for $15.000 USD would be less than $100 USD per annum.
It is also not customary to pay HOA fees on vacant land in Belize, though the practice is more common in upscale condominium developments.
Get the latest property and investment opportunities direct to your inbox for FREE (you can unsubscribe anytime)
Beautiful Belize - The Jewel of Central America
All property news from Belize
Subscribe to our RSS Feed
Fill out a requirements form and our experts will help you find a great selection of properties for sale in Belize.
Help me find property in Belize
Considering a property purchase in Belize or need to transfer currency to/from Belize?
Save Thousands in Currency Transfers
When considering a buying property in Belize, you are well advised to get expert mortgage advice from a mortgage broker.
Get a mortgage quote in Belize
Owners Direct is one of the UK's leading direct from owner rental websites and the first choice for holiday home owners who want a cost effective and easy way to fully book their properties.
Find out more
If you own or are about to purchase property in Belize, you get an insurance quote using our online insurance quote form.
Get Insurance in Belize
Do you have your British assets covered by a will?
Do you have your movable foreign assets covered by a will?
Have you made plans to protect your family in the event of your death?
Get more information on Wills
Everything you need to know about transferring your UK Pension is in our downloadable guide.
Get more information on Pensions
Belize District Property
Corozal District Property
Orange Walk District Property
Subscribe to our newsletter and keep up to date with the latest and best investment opportunities around the world!