Buying property in Belize is pretty much straightforward, and the process has a lot of basis in the British common law process, making things familiar for those used to dealing in the UK market. As with any property transaction, a local trusted lawyer should be employed to help with all dealings, and make sure any potential pitfalls are avoided before they are encountered.

Once a property has been decided upon and all necessary checks have been carried out - on the property/land and legally - a contract is drawn up for both the buyer and seller to sign. On signing, a ten percent deposit is normally placed - this is refunded should the seller pull out, and forfeit should the buyer drop out. In the time before the sale is finalised, more legal checks should be carried out by the lawyer - making sure there are no deed restrictions and the like. Once everything is confirmed above board, the final contract can be signed and all outstanding fees are paid.

Fees for purchasing property or land in Belize vary, but can hit around the 20 percent mark - this includes all taxes and layer and estate agent fees etc.