Belize can be an excellent investment.
Here are the top 10 reasons to invest in Belize.
- English speaking
English is the official language of Belize. It is also one of many reasons that retirees and ex-pats settle in Belize. The official language of Belize is English. Although Spanish and many other languages are spoken in the country, when you arrive at the airport, you’ll be greeted with someone who speaks English.
- Friendly People
Belizeans are friendly and tolerant, which is why I love it. There are many poor people in Belize, but they smile and laugh despite their troubles. This is the part of Belize I like the best.
- Low Property Tax
Roads that are bumpy? It’s the low property taxes. Property tax for a vacant lot in San Ignacio is US$33 a year. A lot with a house is US$75 a year. You can pay as little as US$2.50 an acre per year in rural areas! You read it correctly.
- Locations strategically located
Belize can be reached in just 1 1/2 hours from Miami. This allows you to reach the rest of the World in a matter of hours. Mexico is bordered by Belize in the Northwest, Guatemala in the South and West, and the Caribbean Sea on the East. Cancun is only a 5-hour drive away from the border.
- Stable exchange rate
Belize dollars are tied to the US dollar 2:1. Use US dollar bills in the entire country, but expect to get change in Belize dollars. The stable exchange rate allows for easy conversion when using cash in Belize.
- Slow down the pace of life
Belize is full of famous phrases like “GO SLOOOW” , and “Relax! We are on Belize Time” . In Belize, patience is a highly valued skill. Belizeans are laid back and may take longer to complete tasks than you’re used to. But rest assured, they will be completed. Belize is a great place to relax if you’re tired of the city.
- Cost of living is lower
The Cayo District is considered the breadbasket for Belize Real Estate. This is because the majority of agriculture products in Belize are produced and grown here. They’re also easily accessible and cheap.
Belize has a climate that is subtropical. What does this mean? We have two seasons, dry and wet. In the dry season temperatures can reach 100 degrees. When the temperature drops below 60 degrees, Belizeans will wear sweaters. We consider this “cold.” Belize’s average temperature is 84.
- Cultural diversity
Belize Property For Sale, including Canadians, Americans and Germans. We also have Garifunas and Mestizos. Belize is a country where there are no racial or religious divisions. There are also children of mixed parents. The locals use the term “gringo” when referring to ex-pats. This is not meant to offend.
- In just hours, you can go from jungle to beach
San Ignacio Town, the most popular inland tourist destination, is located about 1 1/2 hours away from the International Airport. It boasts hills and rivers and a jungle.