Foreign Held Properties

Tuesday, January 1st, 2008

Persons not of Belizean nationality are not allowed to hold title to land in Belize. Companies exceeding foreign (alien) ownership of one half are not allowed to hold such title either. In general, the penalty for non-compliance to Belizean Law’s under the Alien’s Land Holding Act can be a fine of $5,000 and potential forfeiture […]