Business for sale in Belize

Popular categories include tourism-related (dive shops, tour operators, small hotels/B&Bs), restaurants and bars (beachfront or in San Pedro/Placencia), retail shops, real estate agencies, fishing charters, eco-lodges, and small service businesses (laundromats, car rentals). Many are turnkey with established clientele in tourist-heavy areas in 2026.

Yes, foreigners can own 100% of most businesses in Belize—no mandatory local partner required. Certain regulated sectors (banking, utilities, telecom) may have restrictions, but tourism, retail, restaurants, and real estate services are fully open to foreign ownership. Incorporation is straightforward for foreigners.

Sign a letter of intent, pay deposit (10%), conduct due diligence (financials, licenses, leases), negotiate final agreement. Attorney handles asset/share purchase docs. Closing involves stamp duty and registration. Timeline: 45–120 days, depending on complexity. Remote closings are common.

Review 2–3 years of financial statements/tax returns, verify licenses/permits, check leases (property, equipment), confirm no liens/debts, assess inventory, customer contracts, and staff. Inspect physical assets. Hire a local attorney and accountant. Verify tourism board approvals if applicable. Thorough checks prevent hidden liabilities.

Stamp duty (8%) applies to business asset transfers. No special business purchase tax. Ongoing: business tax (1.75% gross receipts for most), GST (12.5% if over threshold). Work permits or Qualified Retired Persons (QRP) visas often needed for active management. No capital gains tax in Belize on business sales.