Found on the Eastern region of Central America, Belize is nestled comfortably between Mexico, Guatemala, and Honduras. Much of the terrain in Belize is low and flat. This is especially the case in central areas and the regions or places located in the Northern part. You might be surprised, however, to find that some of the mountain ranges in Belize rise to a height of about 3,685 feet in height. In addition to mainland Belize, the country is also made up of a total of 200 smaller islands famously known as The Cayes. Along these islands, you will find the Belize Barrier Reef, which is considered the second largest reef in the world.
People who are living in Belize can expect two seasons: dry and rainy season. During the periods of June to November, you will experience a great deal of rainfall in the area. The temperature averages a comfortable 60 degrees during the "winter" months. The hottest part of the year spans from the middle of August to the middle of September. Most of the year, winds blow comfortably, even in the hottest part of the summer.
The People and Language of Belize
As of 2015, the present population of Belize amounts to 344, 907. Considered the only county in the Central part of America that speaks English, people living in Belize also commonly speak Belizean Creole ("Kriol") and Spanish.
Tourism is one of the main trades that contributes to the Belizean economy, and accounts for the higher foreign exchange rate. The Belize dollar is the primary monetary unit in Belize.
There are a large number of exports in Belize place due to the effective foreign exchange transaction. Examples of these products are cane sugar, citrus, bananas and different types of garments. During 1994 to 2014, the Gross Domestic Product of Belize reached to an average of 1.26%. In the year 2000, the GDP reached as high as 13.45%
What to expect from Belize Real Estate?
If you are a foreigner and want to purchase land or a home in Belize, you would have the same rights as the locals have. Due to the straightforward approach, purchasing a land on the beach side would be easy for you. Most of the purchases made fall under the Government Stamp Duty that is known as the Transfer Act.
With this act, a property that has the value of US$10,000 or less would have no transfer tax to pay. As a result, Belize Real Estate is gaining a major growth. Livingand investing in Belize would be an excellent investmetn for most, as real estate values in the country are steadily on the rise. This would be a big advantage for both short and medium term investors.