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2021 Live and Invest in Belize Manual

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2021 Live and Invest in Belize Manual Live and Invest in Belize 2021 Live and Invest in Belize By the Editors of Live and Invest Overseas™ Published by Live and Invest Overseas™ Calle Dr. Alberto Navarro, Casa No. 45, El Cangrejo, Panama, Republic of Panama Publisher: Kathleen Peddicord Copyright © 2021 Live and Invest Overseas™. All rights reserved. No part of this report may be reproduced by any means without the express written consent of the publisher. The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. Any investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Copyright © 2021 Live and Invest Overseas™ Live and Invest in Belize 2021 Content Welcome to Belize ................................................................................................................................................. 1 Introduction ............................................................................................................................................................... 1 Geography ................................................................................................................................................................. 1 Climate ...................................................................................................................................................................... 2 Flora and fauna ......................................................................................................................................................... 2 Districts ...................................................................................................................................................................... 4 History, Government, and Economy....................................................................................................................... 5 History ....................................................................................................................................................................... 5 Timeline ..................................................................................................................................................................... 5 Government ............................................................................................................................................................ 11 Economy .................................................................................................................................................................. 11 People and Cultures ..............................................................................................................................................13 Melting pot .............................................................................................................................................................. 13 Mestizo .................................................................................................................................................................... 13 Creole / Garifuna ..................................................................................................................................................... 14 Maya ....................................................................................................................................................................... 14 Mennonites ............................................................................................................................................................. 14 Expats ...................................................................................................................................................................... 15 Holidays and festivals .............................................................................................................................................. 15 Education ................................................................................................................................................................. 17 Attitude toward foreigners ...................................................................................................................................... 17 Fact-Finding Visit ...................................................................................................................................................18 Preparation .............................................................................................................................................................. 18 When to go .............................................................................................................................................................. 18 Passports and visas ................................................................................................................................................. 18 What to bring .......................................................................................................................................................... 19 Transportation ......................................................................................................................................................... 19 Arriving to Belize by air ........................................................................................................................................... 19 Arriving to Belize by land (via Mexico) .................................................................................................................... 20 Getting around Belize by… ...................................................................................................................................... 21 Sample itineraries .................................................................................................................................................... 24 One week ................................................................................................................................................................. 24 Two weeks ............................................................................................................................................................... 25 Housing Options ....................................................................................................................................................26 Rental....................................................................................................................................................................... 26 Purchase .................................................................................................................................................................. 27 Land ownership ....................................................................................................................................................... 27 Process timeline ....................................................................................................................................................... 28 Insurance ................................................................................................................................................................. 28 Transfer and property taxes .................................................................................................................................... 30 Copyright © 2021 Live and Invest Overseas™ Live and Invest in Belize 2021 Agents and attorneys .............................................................................................................................................. 30 Location-Location-Location ...................................................................................................................................32 Island Style ............................................................................................................................................................... 32 Ambergris Caye ....................................................................................................................................................... 32 Private islands ......................................................................................................................................................... 33 Tropical Pioneer-front (Western Belize) .................................................................................................................. 33 Cayo District ............................................................................................................................................................ 33 Bay views (Northern Belize) .................................................................................................................................... 35 Corozal Town ........................................................................................................................................................... 35 Bayside .................................................................................................................................................................... 36 Southern Seclusion (Southern Belize) ..................................................................................................................... 36
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