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The Belizean real estate market has remained relatively stable in recent years, with steady demand from both local and international buyers. While COVID-19 did impact the market to some extent, the overall outlook for real estate in Belize remains positive.
Yes, it is relatively easy for foreigners to buy property in Belize. Non-citizens can own and operate businesses, as well as purchase and hold property in their own name or through a corporation.
Some of the most popular areas for real estate investment in Belize include Ambergris Caye, Placencia, and Hopkins. These areas offer a wide range of properties, from beachfront condos to sprawling jungle estates.
Yes, there are some restrictions on developing property in Belize, particularly in areas of ecological importance or cultural significance. It’s important to work with a knowledgeable real estate agent or attorney to navigate any regulations or permitting requirements.
When buying real estate in Belize, it’s important to consider factors such as location, property condition, and legal/title issues. Working with a reputable local agent and conducting thorough due diligence can help ensure a smooth and successful transaction.