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Showing posts from April, 2023

Belize Customs & Import Duties

Belize Customs & Import Duties Belize imposes import duties on a wide range of goods that are imported into the country. The import duty rates can vary depending on the type of goods, their value, and their country of origin. Here are some of the main categories of goods and their corresponding import duty rates in Belize: 1. Food and agricultural products: Import duties on food and agricultural products can vary depending on the type of product. For example, import duties on meat products can range from 10% to 40%, while duties on fruits and vegetables are generally lower, ranging from 0% to 25%. 2. Vehicles: Import duties on vehicles can be high, with rates ranging from 45% to 72% depending on the type of vehicle, its value, and its age. 3. Electronics and appliances: Import duties on electronics and appliances can range from 0% to 40%, depending on the type of product and its value. 4. Clothing and textiles: Import duties on clothing and textiles can range from 5% to 30%, de...

Belize Secret Beach Real Estate Investment

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WHY HAS SECRET BEACH AND AMBERGRIS CAYE’S WEST COAST BECOME THE TOP GROWTH AREAS WITHIN BELIZE? Ambergris Caye Belize Thirty years ago, the main industry on Ambergris Caye was the same as it had always been. A sleepy fishing village built along the island’s eastern coast only a few hundred yards from the world’s second-largest barrier reef, the fishermen would rise with the sun and set out in their boats before the dawn had even reached the island’s barely populated western side. In the time since then, the island of Ambergris Caye has changed dramatically, with its primary industry switching from fishing to tourism as more and more people discovered Belize and word got out. San Pedro Town (the island’s central hub entirely contained on the east coast and interior lagoon of the island) has grown to become a fully developed municipality, with a bustling downtown and booming tourist economy. Unlike those fishermen who lived along the eastern shore, the tourism market values sunsets o...

Belize Land & Land Titles

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Foreigners and Non-Belizeans are able to purchase land, real estate, and property in Belize. The full title of the land and property is granted to non-Belizeans just the same as it is given to Belizean nationals. Belize is one of the only countries in the region with fee-simple land title ownership and full-foreign ownership. Even though Belize has full foreign ownership and foreigners are able to own Belize land with a fee-simple title, there are a few types of Belize property ownership that buyers and investors should be aware of and not all types of property ownership in Belize are equal. In Belize, when you buy land that has a title, the original or certified copies of Belize land documents registered with the Lands Department are issued as proof of ownership. The land title will have either the owner’s name or a corporate entity (like Chapter 250 or IBC). In Belize, for a land transaction to take place proof of ownership is required. When buying Belize Real Estate, it is advise...

Buying Real Estate in Belize Process

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Buying Real Estate in Belize Process Posted on January 16, 2023By Dustin RennieIn Belize Property, Belize Real Estate, Investing in Belize Belize Real Estate Buying Belize Real Estate is very easy and the process is much like in North America (USA & Canada). Belize is one of the few countries in Central America & the Caribbean where foreigners enjoy the same property ownership right as nationals in land ownership and tenure. When a foreigner buys property in Belize, they own it outright with a fee-simple land title. The preferred practice of owning Belize real estate is through a fee-simple title which is clear title freehold ownership. Foreigners can own property in Belize as an individual or through a Belize Chapter 250 (Limited Liability Company) or with an International Business Company (IBC). A property (like Belize land) will have a title that would be issued by the lands department. Condominiums in Belize are purchased through a “Strata” title or co-op share ownershi...

8 Reasons to Buy Overseas Real Estate Right Now

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Home Investing in Belize 8 Reasons to Buy Overseas Real Estate Right Now Posted on January 25, 2023By Dustin RennieIn Investing in Belize 8 Reasons to Buy Overseas Real Estate Luigi Wewege President, Caye International Bank There was an upturn of 3.2% in the GDP figures in the third quarter of 2022, but the change is unremarkable. Despite indications of growth in some economic activities, most economists suggest the economy will continue to slow for at least the next few months. Financial markets and other investments in the US, including property markets, remain unpredictable, creating a demand for more tangible assets and the diversification provided by overseas real estate. The Bureau of Economic Analysis readings for the third quarter showed a +3.2% change in the US GDP in the third quarter, compared to -0.6% in the second quarter. Despite growth in some economic activities like industrial production, retail sales, and job growth, many economists still fear the possibility of a ...

The Exodus of Americans Moving to Belize

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Every year, more-and-more people are looking at investing and relocating off-shore. Whether it is for lifestyle or retirement, Americans & Canadians are rethinking their lives and where in the world would provide the best future. This is shown by the recent migration stats. Americans & Canadians are leaving their home countries and seeking foreign visas in record numbers, according to immigration lawyers and expatriate organizations. Belize saw an unprecedented number of Americans not only inquiring about Belize real estate but also following through on their pledge and taking the steps to leave over the last 3-years (2020, 2021 & 2022). This is seen by the growth in the expat population on Ambergris Caye over recent years. The number of Americans who were recorded as having given up their citizenship or U.S. residency soared to 5,816 in the first six months of 2020, compared with 2,072 in all of 2019, according to data from the Internal Revenue Service. Dan Prescher, t...

Belize Currency

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The official currency used in Belize is the Belize Dollar (BZD; symbol BZ$). The Belize Dollar has a fixed exchange rate of 2:1 with USD ($2 Belize = $1 US Dollar). The Belize currency at an exchange rate of $2 BZD to $1 USD can be exchanged at most banks and hotels in Belize. There are not as many ATMs in Belize as people are used to at home. The ATMs in Belize generally accept most foreign cards (Canada & US). It is also important to note that when you are in Belize that the majority of businesses accept Credit Cards (MasterCard, Visa, and some AMEX). US dollars are also universally accepted in Belize at a rate of $1 US to $2 BZ, MasterCard. Tourism is the number one industry in Belize and most of our tourists are from America. Because of this, almost every business accepts USD, and having a pegged currency makes it easy. If you are traveling to Belize, you are able to use your US cash everywhere and there are ATM machines available that dispense in Belize Dollars. The Central ...

Belize Real Estate Investment & Relocation

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Belize Real Estate Investment & Relocation Home Belize Real Estate Investing in Belize Belize Real Estate Investment & Relocation Posted on December 19, 2022By Dustin RennieIn Belize Real Estate, Investing in Belize Belize Real Estate Facts About Belize Real Estate Belize Real Estate is becoming more and more of a hot topic for Americans, Canadians & Europeans as more learn about the tremendous benefits of owning real estate in Belize. Whether it be for investment or lifestyle purposes, Belize stands out amongst other countries in the Caribbean & Central America region for several reasons. These are the cornerstones of relocation to the county and are as follows: English Speaking When you consider that 90% of the U.S. only speaks English, this is a huge benefit of Belize. People love the fact that when they go to their doctor in Belize they can communicate in their native tongue or when they go to fill out legal documents they can read them in English. British Common...

RE/MAX Belize Team Awards & Accolades at R4

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RE/MAX Belize Team Awards & Accolades at R4 Home RE/MAX RE/MAX Belize Team Awards & Accolades at R4 Posted on March 12, 2023By Dustin RennieIn RE/MAX Dustin Rennie, Will Mitchell, Ruben Young & Trevor Stack Winning at RE/MAX R4 RE/MAX Belize at R4 Awards & Accolades The team at RE/MAX Belize was recognized as a team and as individuals at the annual RE/MAX R4 Event in Las Vegas. Not only did the RE/MAX Belize Team win the Caribbean & Central America Brokerage of the Year for 2022. William Mitchell & Dustin Rennie were also recognized by RE/MAX Global for Career Achievement and Acknowledgement for selfless leadership, outstanding accomplishments, and unwavering passion for the network. Will Mitchell Will Mitchell RE/MAX Pinnacle Award Will Mitchell RE/MAX Pinnacle Award 2022 Pinnacle Award The Highest Individual Award for annual gross commissions. $2 million+ in gross commissions in a single year. #2 Residential Producer in RE/MAX Caribbean & Central America...

RE/MAX 2022 Year in Review

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RE/MAX Belize is part of the RE/MAX network and one of the most recognized global real estate brands. RE/MAX has a large market share and presence in Belize with 13 offices and over 100 agents. The RE/MAX brand just celebrated 50 years at the annual R4 conference. At R4 the stats and numbers for RE/MAX in 2022 were released. Not only has RE/MAX grown in Belize, but it has also grown globally. In 2022, RE/MAX remained the #1 brand in real estate. Showing once again that “Nobody in the World Sells More Real Estate Than RE/MAX”. RE/MAX is more than a brand, it is a network of agents from around the world! As of year-end 2022, RE/MAX had over 140,000 agents worldwide and a presence in over 110 countries! You can see the global presence of RE/MAX in the map below; Not only does RE/MAX have a large global presence, but RE/MAX also remains the largest and most recognizable real estate brand in the world. RE/MAX also once again had the highest agent productivity by brand with over 16 tran...

International Flights to Belize

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Air travel and flights are essential for international tourism as it provides vital links for the global tourism industry. It is estimated that over half (58%) of all international tourists travel by air, this number is even more so in Belize where in 2022 over 81% of tourism came through international flights/travel. The tourism industry in Belize depends on sustainable growth and an increase in air travel. This is shown by the number of new airlines with routes to Belize and the increased number of direct international routes. Tourism is essential to sustainable economic development in Caribbean destinations like Belize. The steady increase and inflow of tourists have a direct correlation to economic growth and appreciation of Belize real estate. In 2023 it is even easier to travel to Belize with more international direct flights flying to Belize and the Philip Goldson International Airport (BZE) than ever before. This is a sign of the growth in Belize tourism and the continued up...

Modern Mahogany Bay House with Pool & Guest Suite

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1.48 Acre West Coast Beachfront

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Headsail Mahogany Bay

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Habitat Belize Casita R

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Habitat Belize Casita S

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Land Management of Luxembourg

Luxembourg is a small landlocked country in Western Europe that is known for its lush forests, scenic landscapes, and picturesque castles. With a population of just over 600,000, it is one of the smallest countries in Europe, but it is also one of the most densely populated. Given the limited space available, the management of land in Luxembourg is of critical importance. In this article, we will take a closer look at the land management practices in Luxembourg and how they have evolved over time. Land use in Luxembourg has changed significantly over the past few centuries. In the Middle Ages, most of the land was used for agriculture and grazing, with little emphasis on forestry. However, with the rise of the iron industry in the 18th and 19th centuries, there was a significant increase in demand for wood, which led to the expansion of forests in the country. Today, about one-third of the country's land is covered by forests, which are managed by the National Forest Administratio...

Position of Luxembourg as a Schengen Country

Luxembourg is a small European country that is known for its banking industry, its beautiful landscapes, and its high standard of living. It is also a member of the Schengen Area, which is a group of 26 European countries that have abolished border controls between them, allowing for the free movement of people and goods. The Schengen Agreement was signed in 1985 in the Luxembourg city of Schengen, after which it was named. It aimed to create a Europe without borders and to foster closer cooperation between member states in a range of areas, including justice and home affairs. The agreement came into force in 1995, and today the Schengen Area covers most of the European Union, as well as some non-EU countries, such as Switzerland, Norway, and Iceland. As a member of the Schengen Area, Luxembourg is bound by the terms of the agreement and has implemented a range of measures to ensure the free movement of people and goods across its borders. This includes the abolition of internal bord...

A short note on Luxembourg economy

Luxembourg is a small country in Western Europe that is known for its robust economy and high standard of living. With a population of just over 600,000 people, it is one of the smallest countries in the European Union. Despite its small size, however, Luxembourg has a powerful economy that is driven by a mix of industry, finance, and technology. One of the key drivers of Luxembourg's economy is its financial sector. The country has a long history as a center for international banking, and many of the world's largest financial institutions have a presence in Luxembourg. The country's financial sector is known for its stability and transparency, which has made it a popular destination for investors from around the world. In addition to its financial sector, Luxembourg is also home to a thriving industrial sector. The country has a strong tradition of steel production, and Luxembourg is still one of the world's leading producers of steel. The country also has a signif...

Night life of Luxembourg

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The small country of Luxembourg may not be known for its wild nightlife scene, but that doesn't mean it doesn't have one. In fact, Luxembourg City has a variety of bars and clubs to suit any taste. From trendy cocktail lounges to lively music venues, here's a glimpse into the night life of Luxembourg. One of the most popular areas for nightlife in Luxembourg City is the Grund, a picturesque neighborhood located at the base of a steep cliff. The Grund is home to several bars and clubs that are popular with locals and tourists alike. One of the most well-known spots in the Grund is Scott's Pub, a cozy English-style pub that serves a variety of beers and cocktails. The pub is decorated with vintage sports memorabilia and has a warm, welcoming atmosphere. Another popular spot in the Grund is the Melusina, a nightclub that's located inside a former swimming pool. The club has multiple dance floors and plays a mix of electronic and pop music. The atmosphere is lively an...

Top Travel and Tour Company of Luxembourg

Luxembourg City Tourist Office - https://www.visitluxembourg.com/en City Savvy Luxembourg - https://citysavvyluxembourg.com/ LuxairTours - https://www.luxairtours.lu/ Les Voyages Emile Weber - https://www.emile-weber.lu/ A Taste of Luxembourg - https://atasteofluxembourg.com/ Viaggi Esplorazioni - https://www.viaggiesplorazioni.it/ Insight Vacations - https://www.insightvacations.com/ Trafalgar - https://www.trafalgar.com/ G Adventures - https://www.gadventures.com/ Intrepid Travel - https://www.intrepidtravel.com/

Top Realestate Company Of Luxembourg

Engel & Völkers Luxembourg - https://www.engelvoelkers.com/en-lu/luxembourg/ SIR- Luxury Real Estate - https://www.sir.lu/ Luxembourg Sotheby's International Realty - https://www.sothebysrealty.lu/ Nexvia - https://www.nexvia.lu/ Athome - https://www.athome.lu/ Binsfeld - https://www.binsfeld.lu/ Immo-Future - https://www.immo-future.lu/ Bright Future Properties - https://www.brightfutureproperties.lu/ Fischbach Realtors & Developers - https://www.fischbach.lu/ Promobe - https://www.promobe.lu/

Tourism in Luxemboug

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Luxembourg, a small landlocked country in Western Europe, is known for its picturesque countryside, medieval castles, and modern architecture. Despite being one of the smallest countries in Europe, Luxembourg has a lot to offer in terms of tourism. In this article, we will delve into the various aspects of tourism in Luxembourg. History of Tourism in Luxembourg The history of tourism in Luxembourg dates back to the 19th century when the country was a popular destination for wealthy European travelers. During this period, the country's picturesque countryside, thermal baths, and spa resorts were the main attractions. The tourism industry in Luxembourg received a boost in the 1960s with the development of the European Union, which led to an increase in business and leisure travel to the country. Today, tourism is a major industry in Luxembourg, contributing significantly to the country's economy. According to the Luxembourg National Tourist Board, the country received over 1...

Realtors of Luxemboug

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As a small but prosperous country in the heart of Europe, Luxembourg has become a popular destination for investors looking to buy property in the region. Its central location, strong economy, and political stability have made it an attractive place for luxury real estate buyers. In order to navigate this market, many people turn to realtors who specialize in luxury properties in Luxembourg. In this article, we will introduce you to some of the top realtors in Luxembourg and provide you with links to their websites. Engel & Völkers Luxembourg Engel & Völkers is a global real estate brand with over 800 offices in more than 30 countries. Their Luxembourg office is located in the heart of the city and specializes in luxury real estate. Their team of experienced agents provides a range of services, from property valuations to marketing and sales. Engel & Völkers Luxembourg offers a wide range of luxury properties, from modern apartments to historic villas. Their website featur...

Property Of Luxembourg

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Luxembourg is a small, landlocked country in western Europe, bordered by Belgium, Germany, and France. Despite its small size, Luxembourg is one of the richest and most prosperous countries in Europe, with a high standard of living, a strong economy, and a rich cultural heritage. In this essay, we will explore the various properties of Luxembourg, including its geography, economy, culture, and political system. Geography Luxembourg is a small country with an area of just over 2,500 square kilometers, making it one of the smallest countries in Europe. Despite its small size, however, Luxembourg is home to a diverse range of landscapes, from rolling hills and dense forests to picturesque valleys and sparkling rivers. The country is situated on the western edge of the Ardennes Mountains, which extend across Belgium, Luxembourg, and Germany. The highest point in Luxembourg is the Kneiff, which stands at 560 meters above sea level. The country is also home to many beautiful towns and ci...