Malaysian Resorts Property & Tourism

Belize Currency 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...

Belize Real Estate in 2023 As 2022 comes to an end and we look towards 2023, Belize real estate continues to boom as Belize is now very much on the world’s radar. When looking at the Belize market (considering we do not have an MLS), we have seen Belize real estate demand and prices trend upwards over the past 10 years. Going into 2023, demand is still on the rise. Properties on the islands that are popular tourist destinations like Ambergris Caye continue to be an excellent investment, for both appreciation and passive rental income. The tourism sector is booming and we saw 2022 Belize tourism rebound, nearly reaching pre-COVID numbers. Belize is a great place to live and invest. The lifestyle on Ambergris Caye has a very laid-back Caribbean vibe. If you are looking at Belize from an investment standpoint, rental income-producing properties are in high demand for both vacation and long-term monthly rentals. Belize properties and vacation rentals on Ambergris Caye (San Pedro) rent out...

San Pedro Belize Public Transportation As San Pedro Town and the island of Ambergris Caye continue to grow and expand (both in population and tourism), there is an increased need for more services. One of the newly proposed services includes an easier and more affordable way to get around the island. This is the newly proposed public transportation system. A private entity, Taly Corporation, has been actively working on a public transportation system and route for San Pedro & Ambergris Caye going from Mahogany Bay through San Pedro Town, continuing north and heading west to Secret Beach. The Taly Corporation is looking to invest in and set up the Ambergris Caye public transportation system to make it easier and more affordable for people to get around the island (both locals and tourists). The proposed plan will have a portion of the public transportation profits go to a non-profit organization and charities on Ambergris Caye until the initial capital investment is met. The propos...

In regards to investment, Belize is unique as it is both Central America & the Caribbean, the mainland including San Ignacio & Placencia has more similarities to the Yucatan Peninsula (Cancun, Playa Del Carmen, Tulum, etc), while Ambergris Caye Real Estate is more comparable to the Cayman Islands, The Bahamas, British Virgin Islands, Etc. The fact Ambergris Caye is an island, there is far more scarcity of property than being on the mainland in destinations like Placencia. As a real estate investor, scarcity works to your advantage for both rental income and property appreciation. The fact that Ambergris Caye is one of the few opportunities with high tourism growth and land available, makes it a unique opportunity in today’s market. Why Ambergris Caye Belize? Ambergris Caye is the largest island in Belize measuring 27 miles long. Ambergris Caye is located at the northern point of Belize’s coastline with the Belize barrier reef just off the east Coast. Ambergris Caye is the top...

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 Law Belize is the only English-speaking country in the region, this is a direct result of British influence over the years. The British also left something else extremely beneficial behind, their legal system. Other countrie...

Investing Offshore Mistakes to Avoid There are a number of mistakes people can make when investing offshore or purchasing a vacation home in a market outside the US or Canada. Belize Real Estate has become increasingly popular for investors and people looking to relocate to a warm tropical climate. There are far more than 5 mistakes people make when investing offshore, but we are going to touch on 5 of the most common. Here are the 5 Mistakes people make when investing offshore & how to avoid making them yourself. 5 Mistakes People Make When Investing Offshore Buying Real Estate Without Using an IBC. Buying or Selling Property Without Taking Advantage of “Owner-Carry Financing” Buying for Personal Use & Investment without a Strategy. Buying Property in an Overly Saturated Market. Buying Without a Reliable Ownership Structure 1. Buying Without Using an IBC (International Business Corporation) Owning property in an IBC (an entity structure separate from yourself) will protec...

5 Misconceptions About Moving to Belize Belize is an amazing place to live and there are tons of opportunities for people not only looking to retire but also invest and/or start a business. Moving to Belize is much easier than in other countries with a lot of incentive programs in place. But there are a few things everyone should know before moving to Belize (to avoid any surprises). The lifestyle in Belize & Ambergris Caye is amazing and it is easy to see why so many people are making the move every year. Here are the 5 biggest misconceptions about moving to Belize! If you’re considering moving to Belize from the US or Canada be sure to give this video a watch before doing so. We break down some of the key things you should know before making a move to Belize and 5 misconceptions people have before making the transition Misconception 1: Belize is All the Same Belize has a very diverse landscape ranging from the Caribbean Islands of Ambergris Caye & Caye Caulker to the lush R...