Recently, we discussed what it means to invest passively in real estate and the benefits of passively investing. If you missed those newsletters, you could view them on our blog page. The ones to review are How to Invest in Private Placements for Busy Professionals and What is Real Estate Syndication and Passive Investing? A more in-depth discussion on this topic is one we recorded with our lawyer, CPA, and a trustee who showed us how to use self-directed IRAs to invest passively. We would love for you to watch that 1-hour webinar here. Since we started talking more about…
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I am reading a book called Free to Focus by Michael Hyatt, and it talks about the importance of unplugging. Last week for the first time in a year, I took the boat out and went fishing. It’s sad how I live in such a beautiful place, and I don’t do more diving and fishing. That will change as I will start to record videos of my life in Belize more often, so you can see what life is like here. I do love to take my lunch break at my favorite places and enjoy the quietness of the sea…
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…
The Philip Goldson International Airport is opening October 1, 2020 and as you could guess, flights are fully booked. Many have called us recently and ask if they can come and look at properties. My opinion is that it would be best to wait until the Government of Belize and the Belize Tourism Board have worked out some of the unforeseen kinks. Here’s what we do know about visiting Belize according to the entry requirements at this time. Those with “Business interests will include those visiting to inspect or close on a purchase of property – meaning, those that can show a Purchase agreement, and…
September 1 starts our Independence month. September is full of parties and celebrations. Not so much this year due to COVID-19. Gaining our independence from Britain on September 21, 1981, Belize has had a stable, democratic government. Voting is universal for Belizeans over 18 years old but not mandatory. The country’s government is a constitutional monarchy and parliamentary democracy. They recognize Queen Elizabeth II as the head of state, represented by a Governor-General, which should be a Belizean national who is appointed by the Prime Minister and is their head of government. The bicameral legislature, the National Assembly, is composed…