Now Is the Time to Buy Property in Belize
In December of this year, Canada’s largest airline, Air Canada, will begin flying to Belize. Air Canada’s entry into this red-hot market is just one more sign that the Belize is rapidly becoming one of the most popular places to visit, retire, and invest.
According to the latest statistics published by the Belize Tourism Board (BTB), 2017 promises to continue the trend of steadily increasing visitor numbers. According to the BTB, Belize welcomed 230,151 overnight visitors in the first six months of 2017, a 7.8% increase over the same period in 2016. This follows an overall increase of 13% in overnight visitor numbers in the entire year of 2016, making Belize the fastest-growing tourism market in the entire Caribbean.
Breaking the numbers down further, April 2017 visitor numbers were up 24.2% over the year prior while June saw an impressive 10% growth in 2017 versus the same month the year prior.
In June 2017 alone, over 47,000 cruise ship passengers from 13 ships entered Belize City or the island of Harvest Caye. The first six months of 2017 saw an increase of 3.1% in total cruise ship passenger arrivals compared to 2016.
Belize is a small country in Central America with a long Caribbean coastline. With all four of the biggest airlines in the United States and now Canada’s largest airline competing to serve the Belize market, it’s now easier and more affordable than ever to travel to the country. With flying times of just 2-5 hours from major cities across North America, it’s no surprise that more people are choosing to live in and invest in Belize.
The only English-speaking country in the region, Belize has an astonishingly diverse landscape ranging from misty mountains and waterfalls in the west to sandy white beaches and palm trees on the hundreds of offshore islands on the Belize Barrier Reef in the east. The government of Belize imposes no restrictions on foreign ownership of property, and property taxes are assessed at just 1.5% of the undeveloped value of the land.
Belize enjoys a year-round balmy climate. More than half the country is set aside as a protected wildlife refuge or national park, and the government has made conservation a top priority. Belize has a stable, peaceful parliamentary democracy and a rigorous court system based on the British judiciary model.
Orchid Bay is a great place to retire, live, or invest. For more information, click here.