Have you ever heard people say they are passively investing in real estate? Those people have passive income. You may be wondering what real estate syndication, passive investing and active investing means or how it all works. Maybe you even have some questions, including: Is it just for the rich? How can you invest passively, and what are the benefits? What is group investing or syndication? Those are great questions, and sometimes it can be a bit overwhelming at first, but I’m here to help…so, let’s dive right in! Active investing is just what it sounds like. An active investment…
Investing
If you’ve been following our blog for a while now, you’d know that Belize is not only a fantastic place to live and travel, but it also prioritizes the health and safety of all who visit and live here. Belize was just awarded the safe travel award from the World Travel & Tourism Council. During these trying times, this is a remarkable recognition and further solidifies that we feel safe, and our clients do too! Did you think because 2020 was over that we wouldn’t discuss COVID-19 anymore? A lot has been going on, and it seems like the numbers…
Banking in Belize is a very different experience than what we’re used to in the United States. In the U.S., I can go into a bank and come out with a bank account in less than an hour. It’s not like that in Belize. If you want to invest in Belize or buy property, you’ll want a bank account, and here’s why… Let’s talk about banking in Belize. Since 1976, Belize has maintained a fixed exchange rate of BZ $2.00 to the U.S. $1.00. The Central Bank of Belize regulates the banking, and it does not provide financials online. However,…
You may have read or heard me speak about the reasons buying property in Belize is a good choice compared to other countries. One of those reasons is for PRIVACY PROTECTION. Certain countries are litigious. Certain professions are more litigious than others, which has people considering buying property worldwide using ENTITIES. There are tax benefits for owning property in an entity. A lawyer or a tax advisor would guide you in understanding the benefits and how it would impact your situation. If you would like a recommendation for a lawyer or tax advisor, contact us, and we’ll send you who…
As the year comes to a close, I think I speak for many people when I say goodbye 2020! We are all glad the elections are over in the US, and here in Belize. We wait to see what the new PUP government will do for the country. Although it was a strange year, to say the least, it was also a year full of blessings both personally and professionally. I would like to first say THANK YOU to my family, my team, my employees, my agents, and our wonderful clients that we are helping to sell or buy property…