Top 5 Things Expats Will Love About Living in Belize
2018 is the perfect year for retirees and investors who are interested in buying property in Belize. Travel numbers are up, meaning an increased demand for rentals, all six of the biggest airlines in North America have added non-stop routes to Belize, and the country is in the progress of expanding its airports to accommodate more international traffic.
English Is Spoken Here
Belize is located in Central America between Mexico and Guatemala and enjoys a long Caribbean coastline. But it’s the only country in the region where English is the official language. Not only does this make getting around and talking to locals easy, but all documents and contracts are in English.
A Stable Currency
Belize’s currency, the Belize dollar (abbreviated BZD), offers investors and retirees excellent stability because it is permanently pegged to the American dollar at 2:1. And American dollars are widely accepted throughout Belize for both personal and commercial business.
The Fantastic Location
Belize is relatively small, approximately the same size as the state of Vermont, but it offers an amazing variety of things to see and do. The west of the country is home to majestic mountains and broadleaf forests while the rest of the mainland is covered in lush rainforests teeming with flowering plants, tropical birds, and exotic wildlife.
No matter where you go in Belize, you’re bound to find stunningly beautiful nature. No destination is ever more than three hours away, and that includes the gorgeous islands spread out along the vast Belize Barrier Reef, second only in size to the Great Barrier Reef of Australia.
Belize actively encourages foreign ownership of property. Foreigners have equal rights to locals when it comes to buying, selling, or renting property. Property taxes are also quite low, just 1-1.5% of the value of the land, and there are no capital gains taxes in Belize.
A Sense of Belonging
Belize has a thriving expat community, so it’s no surprise that many retirees and investors feel right at home when they move to Belize. And Belize’s melting pot society of different cultures is renowned for its genuine warmth, hospitality, and friendliness.
Although moving to a new country always involves a transition, few places make you feel right at home so quickly as does Belize.
If you’re considering retiring to Belize or buying property in this country nicknamed “The Jewel,” contact Orchid Bay.
Located in Belize’s Corozal District, Orchid Bay is an active community that offers modern conveniences in a Caribbean setting. Enrich your life and live intimately amongst tropical warmth, beauty, and tranquility without compromising North American comforts when you retire at Orchid Bay. As property demand continues to grow in Belize, the architects of Orchid Bay have designed additional real estate options, including home sites, villas, and condominiums.