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Updated almost 7 years ago on . Most recent reply

User Stats

22
Posts
7
Votes
Monica Davies
  • Investor
  • Saratoga Springs, UT
7
Votes |
22
Posts

International Mortgage...Belize anyone?

Monica Davies
  • Investor
  • Saratoga Springs, UT
Posted

I'm hearing that Belize is a good place to invest. The US dollar is strong, national language is English and there are no property taxes. Any tips for financing something overseas? I'm thinking about possibly doing an AirBnB.

Most Popular Reply

Account Closed
  • Director of Business Development
  • San Pedro, Belize
2
Votes |
14
Posts
Account Closed
  • Director of Business Development
  • San Pedro, Belize
Replied

@Monica Davies  Investing in a place that has short-term rentals in Belize is a great way to go.  The market is in need of more internationally certified "hotel" rooms rather than AirBnB's though.  With the amount of traffic coming to Belize, the market is very ripe for needing space for tourists.  Property tax can be as low as $38/year for a one bedroom unit.  Financing, however, can be tricky and not many places will offer it.  Feel free to dm me for some more info.  I have been living in Belize for the past year and have learned a lot about the market here.

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