Advantages of Buying Property in Belize for Retirees
By Stephen Roshy
Belize is a lovely nation with crystal clear waters, surrounded by calm and impressive views. Without a doubt, the appeal of Belize is one of the leading reasons why anybody would wish to make this destination of blue waters their permanent home. Nevertheless, another terrific reason why Belize has acquired much attention in the last few years is because home buying in this country is not much of a headache, and is worth the money too.
Since purchasing property in Belize is not difficult, retirees get the most benefit from it. Here is a list of a few of them:
1. Low Taxes
The government taxes related to the purchasing of homes is actually low as compared to in other countries. Buyers do not need to pay capital gains tax or other taxes. The tax that the purchaser needs to pay prior to the final purchase offer is as low as 5 %, which is not a huge number, compared with 15 % or 25 % in other countries.
2. Home Ownership
Belize, unlike many nations, allows foreigners to purchase homes easily without much difficulty. The very best part is that anybody can buy property in his or her own name; whether you’re a citizen or a foreigner, the building title can be in your name.
3. Collect Benefits
The progressive government of Belize permits individuals older than 45 to collect retirement benefits if they satisfy particular legal requirements. Retirees can benefit from this policy as by the time they reach the retirement age, they should have a sufficient amount of savings that they can use for their golden years after retirement in relaxing Belize.
4. Stable Dollar
The currency used in Belize is the dollar which is really stable and consistent. This is advantageous in the long run for retirees who want to save from early for their retirement days. The steady currency likewise enables retirees to assess the spend and save ratio, to prevent going into debt.
5. Wildlife and Ecology
When you’re living in Belize, you get the advantage of being around nature. The lovely and tranquil beaches of Belize and the fresh air are good for one’s spirit and the aging bones. Retirees get to enjoy the fresh breeze, and fresh food from the Belizean land.
For retired people, Belize is the perfect location to relax and unwind away from the hustle and bustle of the normal routine life. Numerous retired people have transferred to Belize in the last few years to find peace and tranquility in their lives. Realty companies have also opened because of an increasing international families relocating to Belize.
Some realty businesses offer lots and homes for sale in Belize at amazingly budget-friendly prices. To find out more on lots and land for sale in Belize, go to to: http://serenityparadise.com