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Press Release

Belize Reports Increased Real Estate Tourism in 2015

Jan 26, 2015 - (iNewswire)

Belize is best known for its beauty and magnificent natural wonders such islands & beaches, the second largest barrier reef in the world, and its world famous fishing grounds. With a high concentration of Mayan temples, rivers, interconnected cave systems, exotic animals and plants, vistors have plenty to take in during their stay. It is this abundance of eco-resources that allows the country to proudly state that they are seeing an influx of Eco-Tourism in this start of the year.

An integral part in travelling and tourism is reaching a rapid increase in wave of globalization. Economic growth is globally impacting the tourism activity worldwide.  The amount of international travelers is expanding to reach a broader variety of countries with growing affluence in emerging economies.

The travel and tourism industry in Belize is increasing its contacts and providing a wider access of information regarding tourism attractions in parts of the world that are less known, increasing fascination with the emerging and developing economies, new forms of tourism activity, and increased investment in infrastructure.

The real estate industry is an integral part, and underlying infrastructural basis of the tourism sector. Geographic settings are most often attached to activities of tourism, and much of the physical space where these activities occur has been developed by and may be managed by real estate firms.

The distinctions between tourism and real estate industry are increasingly unclear in terms of use with the development of a transnational business base, market overlap, integration for reasons of business efficiency and strategy.

Hotels are prefered to serve as a long-term residences and offices for a travelling staff that is doing business, and leisure communities offer both residential and recreational services to a international population.

Reasons to buy Real Estate in Belize

Real estate property in Belize is one of the most affordable in the Caribbean region, here are the top 9 reasons why to buy Real Estate in Belize:

Stable exchange rate: Local currency is the Belize Dollar or BZD. 1 USD = 2 BZD
 Superior Location: Belize’s nearness to North America does fit well for investors. 50% of Americans prefer to be close to home. For example, Belize is only 120 minutes away from Miami by travelling with plane.
 English Spoken as the Native Language: Forget the French language. Mostly, English and Spanish are spoken there. A big percent of families are already living a happy, relaxing life in Belize by having these two main worlds spoken languages.
 Strong Tourism Trends: Tourism in Belize belize is growing by over 20% every year. Belize has  an incredible percentage of 85% of the highest cruise ship passengers coming ashore in the entire Caribbean region. 
 Attractive Taxation Incentives: There are no gains by capital or inheritance taxes - which offers very attractive tax-sheltering incentives.
 Laws Fair to Foreigners: Foreigners purchasing land or property in Belize are afforded the same rights as their citizens – Belizeans.
 Rising Market Potential: The broad variety of real estate opportunities in Belize are diverse and plentiful, ranging far from the growing second-home destination through to commercial ventures.
 Stability: Belize is a true democracy whose citizens enjoy political and economic stability that provides them a great quality of life.
 Lifestyle: Coconut groves. Sun-kissed coves. Shallow lagoons. Tropical moons. Do I have to say more?

Coldwell Banker Ambergris Caye Newsroom

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