Cost and Taxes

·
 What are all the closing costs?
·
 What will the property taxes be?
·
 What are the annual fees?
 
What are all the closing costs?
At the time of closing purchasers will be responsible to pay the Belize Government Stamp Tax, which is 5% of the parcel purchase price, plus a prorated portion of the annual maintenance assessment.
 

 

 

 
 
What will the property taxes be?
Annual property taxes should be approximately 1% of the value of your parcel. For example, on a US$10,000 parcel, your property taxes should be approximately US$100 per year. A cashier's check made payable to the "Government of Belize" in the amount per your tax bill should be sent via registered mail to:
Department of Lands and Surveys
Ministry of Natural Resources and the Environment
Market Square
Belmopan, Belize, C.A.

If you have additional questions or if you have not received a tax bill, you may wish to call or fax the Department of Lands and Surveys at:

Phone: 011-501-822-2598
or

Phone: 011-501-822-0736
Fax: 011-501-822-0592
 

 

 

 
What are the annual fees?
There is currently a US$250 per year common area maintenance (CAM) fee for each residential parcel (US$500 per year for each commercial parcel).
 

 

 

 

 
Disclaimer: Progresso Heights Limited makes no warranty as to the quality of the goods or services or the reliability of the products or services listed above. We have made every attempt to keep the list up to date, but we will not be responsible for errors or omissions.
 

 
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To speak to one of our representatives, call us toll free in the U.S. or Canada at 1-888-BELIZE 4 U (1-888-235-4934).

From outside the U.S. or Canada we may be reached at 561-859-1433.

 

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Prices, terms and features are subject to change without notice. Obtain the Property Report required by Federal law and read it before signing anything. No Federal agency has judged the merits or value, if any, of this property. This does not constitute an offer to sell real property in any jurisdiction where prior registration or other advance qualification of real property is required.
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