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Belize is a country with British common laws pertaining to land, property and business. It is a former British colony previously named British Honduras. Belize gained independence in 1981. The country's court system provides a firm basis for ensuring that legitimate business practices are maintained. It has a stable economy with the Belizean dollar being attached to U.S. currency. The country although being considered third world, has all the advantages of North American access through convenient international banking and the internet. English is the official language of the Belize with Spanish also being widely spoken. Non-Belizeans may own property or businesses in Belize at 100% with simple fee-title. Your real estate transaction can take from one to two months under normal circumstances. Ambergris Seaside Real Estate recommends the use of competent legal counsel for any purchase to ensure clear title and appropriate process and documentation. We can help you through this process. Buyers should seek full disclosure from their real estate agent or property owner before signing any contract and submitting any funds. Buyers are advised to keep in mind that Belize is a young country, without established real estate laws, so due diligence must be utilized in each transaction to ensure all outstanding questions are resolved prior to closing. We look forward to helping you make your real estate purchase in Belize as easy and smooth as possible! We will personally be with you through each step of the buying process to ensure that you have a good experience buying your dream property. |