At the time of closing purchasers will be responsible to pay the Belize Government Stamp Tax, which is 5% of the parcel purchase price in excess of US$10,000.00, 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$20,000 parcel, your property taxes should be approximately US$200 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
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:
Fax: 011-501-822-0592Please be sure to reference your parcel number, as well as the following information:
Location: Long Caye at Lighthouse Reef (Block 47)
There is currently a US$275 per year common area maintenance (CAM) fee for residential parcels and US$550 per year common area maintenance (CAM) fee for commercial parcels. Annual property taxes are approximately 1% of the purchase price or assessed value of the property.