Paradise is found by more than 300,000 tourists each year in Belize. In fact, over 70 percent of local annual visitors flock to Ambergris Caye and San Pedro, which can make owning commercial Real Estate in Belize a sound investment. Commercial property for sale in Ambergris Caye will be situated near high tourist traffic areas, including: the National Park, marine reserve, beaches, or downtown San Pedro.
One of the strongest reasons to purchase commercial Real Estate for sale in Ambergris Caye or San Pedro, is the strong tourist market. It is also important to note that Belize does not have an estate tax or capital gains tax, which means that the local government strongly encourages commercial Real Estate investments throughout the area. In addition to the lack of estate tax or capital gains tax, the Belize Fiscal Incentives Act of 1990, gives the Belize government the right to approve certain business enterprise for tax holidays of five, ten, twelve, or fifteen years. The length of the tax holiday will depend on the nature of the enterprise, as well as the degree of foreign ownership in conjunction with local Belize nationals. The Belize Fiscal Incentives Act of 1990 also states that if foreign nationals register with the Central Bank of Belize, then they may be entitled to repatriate 100% of their investment and profits.
There are three main elements that make Belize, and in particularly Ambergris Caye and San Pedro, a popular commercial investment choice for foreign investors:
Stability — Belize has a long-standing, democratic tradition. It is an independent judiciary and the exchange rate is fixed for 25 years.
Profitability — Belize features flexible fiscal incentives and concessions, as well as Commercial Free Zones and Export Processing Zones. In addition, the Belize Fiscal Incentives Act of 1990 allows for repatriation of profits and dividends.
Livability — Belize is home to a beautiful subtropical climate, virgin rainforest, spectacular barrier reef, incredible marine life, stunning beaches, and a local population that has a long-standing history of working with foreign investors. These livability factors, combined with Belize strong tourist economy, create a good commercial Real Estate market.
Purchase Commercial Real Estate For Sale In Ambergris Caye and San Pedro, Belize Today! When you are ready to turn your Caribbean commercial Real estate dreams into a reality, be sure to contact a member of the RE/MAX Island Real Estate team. RE/MAX Island Real Estate proudly specializes in helping foreign buyers acquire commercial property for sale in Ambergris Caye and San Pedro, Belize. With an unparalleled understanding of the Belize commercial Real Estate market, we can help you to find the property of your dreams. We invite you to browse our current commercial Real Estate properties, or to contact us so that we can help you purchase the perfect building in Ambergris Caye or San Pedro, Belize.