Tuesday, August 28, 2012

Some Corrections to the Belize Page of "Live and Retire Overseas"

http://www.liveandinvestoverseas.com/ is a very informative web site giving potential retirees lots of great information. There's a very good Belize section which was written in 2009 and updated as recently as this year. There is the odd inaccuracy, though, which The Pelican Team will attempt to bring to the attention of the Live and Invest Overseas.

We will need to point out that our Transfer Tax (ie. how much of the purchase price you pay to the Government when you buy a property) is just 5% and NOT "10% plus 2% Attorney Fee." In most cases you would not even need an attorney to assist with land transfer. There are great real estate paralegals who will execute the transfer for a fixed fee which in the vast majority of cases is far less than 2% of the purchase price.

We were flattered to see a photo taken by one of your humble Pelican Team bloggers appear on the Belize page of this excellent retirement newsletter.

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