Placencia has become a popular destination for second homes and has enough seashore to make it possible for investors to get prime waterfront real estate without paying premium prices.
Wild Orchid Belize is perfectly situated on a 30 acre property extending from the Caribbean Beach to Placencia Lagoon, right in the heart of the beautiful Placencia Peninsula. Our development features 11 ready-to-build waterfront lots with unobstructed views of the lagoon and the Maya Mountains. The entire development is already equipped with all infrastructure in place and has private road access. All you need are the plans for your dream home.
Lots start at $139,000.00 US Dollars. Contact us for more details.
Even though we’re tiny nation, we get to boast big benefits for foreign investors wanting to purchase property in Belize. Here are a few:
Low property tax
Tax percentages range between 1% and 12.5% of the assessed value, depending on the type of property, and whether or not it is occupied.
No capital gain tax
There are no capital gain or estate taxes.
The Qualified Retired Program (QRP)
The QRP is an initiative that was created to facilitate those seeking to retire and live permanently in Belize. If you qualify, there are some enticing welcome benefits that candidates are entitled to through this program. A resident card is for multiple entries into the country without the hassle of a visa. Candidates can enjoy duty exemptions on personal and household effects that include aircraft, motor vehicles, and boats. Additionally, there are tax exemptions on incomes from outside of the country. Read more on the QRP program
English is the official language
Situated among six Spanish-speaking countries, it is the only country to have English as its official language. Cultural diversity is one of the country’s best selling points, along with the small population – currently under 400,000.
Belize is conveniently located a short airline (about 2-3 hour) trip from major airports in the US and has direct flights daily on major airlines such as American Airlines, United Air, Delta, Copa, and Southwest Airlines.
Thanks to Belize’s popularity as a tourist destination, it’s easy to rent a vacation property you’ve purchased when you are not using it and any rental income you make will be taxed at a low rate. Finally, if you ever decide choose to sell your second home, you will not have to pay capital gains taxes, though we wonder if you will ever want to sell your fabulous home in Belize.
Contact us now for more information on available lots: