Belize is one of the last few countries which are seen as safe tax havens for westerners. Many British and North American citizens hold bank accounts, and offshore companies even in Belize because of the friendly environment.
Lately, the real estate market is not only booming but it is also attr4acting foreigners who look for a tropical paradise to settle down permanently. There have been many reports of Belize becoming the next big luxury destination for resort developers and condominiums. It remains to be seen how successful the country is going to be at attracting investment from abroad.
It sure is a great place to buy and build houses and apartments but the idea of a volatile government has left many investors in the lurch. Belize Beachfront Properties, Cabanas, Eco-developments and Rainforest Developments are in huge demand and it could be a great place for international resort developers to set their feet in. In fact, one of the best ways to help the country’s economy is to build an investor friendly environment wherein not only hotel/resort developers would be attracted, but also those who want to make the country their home.
Via: Escape Artist