Belize is a country located on the northeastern coast of Central America bordering Mexico to the north and Guatemala to the south.

Its mainland is about 290 km (180 mi) long and 110 km (68 mi) wide.

The population is about 420,000 people.

Belize became a British colony in 1840, known as British Honduras, and a Crown colony in 1862. Independence was achieved from the United Kingdom on 21 September 1981. It's a Commonwealth country, with Queen Elizabeth II as its monarch and head of state, represented by a Governor General.

Residency & Citizenship In Belize

How Long Can a Non-Resident Stay In Belize?

Citizens of the USA, Canada, UK, EU countries, and most Commonwealth & South American countries can stay on vacation in Belize for one month on a tourist visa which is automatically given on arrival.

Can I Apply to Extend My Visa?

Visitors wanting to stay longer than one month can apply for an extension of 6 months.

How to Become a Belize Resident?

Individuals who are retired from work, financially independent and a person of good character can apply for Belize permanent residence.

How to Become a Belize Citizen?

Individuals who have permanent residency and have resided in Belize for 5 years or more are eligible to apply for citizenship by naturalization.

Buying Property In Belize

Can Foreigners Purchase Property In Belize?

There are no restrictions on foreign buyers acquiring real estate in Belize. The Government of Belize welcomes investment from overseas investors.

Property Buying Process

Search for your perfect property.

Make an offer to purchase the property with the Real Estate Agent.

Engage a lawyer to perform a title search and land survey.

After signing the Agreement for Sale, pay a 10% deposit.

On settlement pay all taxes and fees.

Pay the balance of the purchase amount.

What are the Property Fees & Taxes?

Legal Fees

Please seek the advice of a local lawyer. Legal fees depend on the complexity of the transaction and the amount of work performed.

Property Transfer Tax

Transfer tax is 8% of value or amount of gross consideration.

Property Taxes

Property taxes on homes and other developed land are very low.

Property taxes are between 1% and 1.5% of the value of the undeveloped land. In Belize, property taxes are based on land value rather than the developed value of the property, to encourage development.

Capital Gains Tax

In Belize, there are no capital gains and no estate or inheritance taxes.

Income Tax

Income tax is charged at a flat rate of 25%. Residents of Belize are exempt from income tax on the first $14,500 of their annual income. Pension income is also exempt.

Dual Citizenship

Belize permits dual citizenship and encourages persons living abroad to have dual citizenship.