Frequently Asked Questions

 
  Costs and Taxes
What are the closing costs?
What will the property taxes be and to whom shall I pay the taxes?
   
What are the closing costs?

You should expect to pay 5% in closing costs (transfer taxes) when transferring parcel ownership from us to you.

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What will the property taxes be and to whom shall I pay the taxes?

Property taxes should be approximately 1% of the purchase price of your parcel. For example, on a US$30,000 parcel, your property taxes should be approximately US$300 per year. A cashier's check made payable to the "Government of Belize" in the amount per your tax bill should 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

Please be sure to reference your parcel number, as well as the following information:
District: Cayo

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