About this interview
In this episode, I’m sitting down with Grant Kenneth, a real estate expert who has navigated the unique landscape of Belize. We dive deep into Grant’s personal journey of moving to Belize and what it’s actually like to live and invest in the Caribbean. If you’ve ever been curious about the opportunities outside of North America, Grant shares incredible insights into the local market, the realities of being an expat, and the specific challenges—and rewards—of real estate development in the region. In this conversation, we cover:
What the conversation covers
- Grant’s transition to Belize and the vibrant local lifestyle.
- How the Belizean real estate market differs from what you’re used to.
- Real talk on the challenges of property development and construction.
- Practical advice on financing options and property management for investors.
- Future developments and why this region is becoming a major hotspot.
Whether you are looking for your next investment or dreaming of a lifestyle change, this episode serves as a comprehensive guide to everything Belize has to offer.
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Key Belize buying facts mentioned in this interview
If the conversation has you thinking about buying, these are the basics to confirm first:
- Foreign buyers can own property in Belize with the same ownership rights as citizens; title is checked at the Belize Land Registry.
- Stamp duty (transfer tax) is 8% for foreign buyers on the value above US$10,000, charged on the higher of the price or assessed value.
- The Belize dollar has been fixed at BZ$2 to US$1 since May 1976, according to the Central Bank of Belize.
- The Qualified Retirement Program is open to applicants aged 40 or older with at least US$2,000 a month in retirement income from outside Belize, per the Belize Tourism Board.
- Standard permanent residence requires one year of legal residence with no more than 14 days outside Belize, per the Belize Immigration Department.
Related reading: can foreigners buy property in Belize, Belize closing costs and how to finance Belize property.
This program is for entertainment and general informational purposes only. It is not financial, investment, or legal advice.
Real estate investments carry risk. Always consult with qualified professionals (financial, legal, tax) before making any decisions. Ultimate Real Estate Lifestyle are not liable for any investment results.
