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Costs & Taxes
   
 
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 and to whom shall I pay the taxes?

Property taxes should be approximately 1% of the purchase price or assessed value 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: Belize
Location: Long Caye at Lighthouse Reef (Block 47)

 
 
What are the annual fees?

There is currently a US$275 per year common area maintenance (CAM) fee.  Annual property taxes are approximately 1% of the purchase price or assessed value of the property.

 
 

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