Belize Legal Framework, Regulations & Property Rights for Foreign Ownership
- 12-Apr-2025
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Owning Property in Belize
Belize offers a welcoming environment for foreign investors looking to own property. The legal framework is based on English Common Law, which is familiar to many international buyers, particularly those from Commonwealth countries and the United States. British Common Law allows for full foreign ownership, and foreigners have the same ownership rights as locals. Meaning they own property outright with a fee-simple title (strongest form of property ownership).
Foreign Investor Real Estate Belize
Breakdown and investment in Belize real estate has a number of advantages and incentives in place.
Equal Ownership Rights: Foreigners have the same property ownership rights as Belizean citizens. There are no restrictions on foreign ownership of real estate, including land. You can hold absolute title to the property.
The Constitution of Belize: Protects the right to private property.
Individual Ownership: Foreigners can directly own property under their own names with the same rights as Belizean citizens.
International Business Company (IBC): Establishing an IBC in Belize can be a way for foreigners to hold property. This may offer certain advantages, such as potential tax benefits (7% stamp tax instead of 8% stamp tax), increased privacy, and asset protection. The stamp duty rate is also slightly lower when using an IBC.
Owning Property in an IBC
No Alien Landholding License Required: The Alien Landholding Act was abolished in 2001, eliminating the need for foreigners to obtain a special license to own land.
Belize provides a relatively straightforward and welcoming legal framework for foreign property ownership, with few restrictions and equal rights granted to non-citizens.