#real estate belize
A Land Certificate
A land Certificate is an absolute title, applying to properties in new or special developments. The Government of Belize, presently is undergoing a process which calls for the re-registration of all freehold lands under the Registered Lands Act, which the overall goal being a uniformed system of nationwide land ownership. This process, though underway, entails much work and re-surveys are yet to be scheduled.
Note that title insurance is not necessary for purchasing property, and that closing cost tend to be very minimal. The purchase price is assessed and a 5% stamp duty is charged on the declared purchase price.
Long term planning whilst considering the purchase of property in Belize:
- Civil Engineers
- Business Leaders
Let us at century 21 Btal assist you in fulfilling any sale or purchase of property need. Be sure to contact us .
Belize is the only English-speaking country in Central America and has retained strong links with the UK. The country still recognises Queen Elizabeth as sovereign, as well as being fully constitutionally independent.
Located on the eastern coast of Central America and with some 450 islets dotted along its coastline with the Caribbean Sea, Belize is also home to the second longest coral reef in the world. Tourism, and scuba diving in particular, is the major driver behind the country s economy, while production of citrus fruits, sugar and bananas are the main export crops.
In recent years, Belize has become a popular destination for retirees from the US and now from the UK. Its warm climate and the islands dotted along the coast in the Caribbean Sea mean that it is often categorized along with the rest of Caribbean, something that the somewhat colonial atmosphere of the country helps to perpetuate.