Portofino Resort- Now with a new BEACH BAR!!
Page 1 of 2 1 2 >
Topic Options
#129882 - 11/17/06 10:55 PM Im Considering Selling My Condo Need Advise.
Inky Offline
I am considering selling my AC vacation condo, and buying a much smaller one.

If I do this, I will (hopefully) make a profit. I am told that it is difficult to get BZ dollars out of the Country.

What is the best way to do this (Condo is held in a Corp).

#129883 - 11/17/06 10:57 PM Re: Im Considering Selling My Condo Need Advise.
dabunk Offline
Only sell in US dollars would seem to be the easiest solution.

#129884 - 11/17/06 11:00 PM Re: Im Considering Selling My Condo Need Advise.
Inky Offline
... Condo Held in a Belize corp. (should have mentioned)
Can i simply wire transfer profits back to my own country, or are there limits?

Can I sell the Belize Corp from my own country (in my own currency)?

I know I'm asking a lot - but any in-put will be appreciated!

#129885 - 11/18/06 01:44 PM Re: Im Considering Selling My Condo Need Advise.
Diane Campbell Offline
Hi Inky - best to ask an attorney or qualified realtor about selling your condo.
Also best to do it one on one so that specifics of your situation are properly addressed.

You do not say what country you live in - each country has a different currency and different tax laws - contact an ac****ant in your home country to get advice on repatriating the funds.

Title to the property is a Belize legal thing.
Title to the shares in a Belizean company is a Belize legal thing.
Ergo - the transaction must be registered in Belize.

#129886 - 11/18/06 01:45 PM Re: Im Considering Selling My Condo Need Advise.
Diane Campbell Offline
"Accountant" --- I have no idea how that other word happened to appear!

#129887 - 11/18/06 02:53 PM Re: Im Considering Selling My Condo Need Advise.
captjeff Offline
Inky , Diane is always on the money when it comes to this she knows her stuff!!!!!You need to not, I repeat not, do this yourself !!!!! Go to a expert ,on this !!!Start with a very good real,estate agent on the island ..One with a good track record,and has been here for years!!!! Not one who just came down ,to make a quick buck...Next get very good legal advice ,from a good belize Attorney who does this all the time!!! they will help you thru the full deal !!!!! If you do this alone you will have grief ...Do not do it.. the juice will not be worth the squeeze!!!
Living The Dream Every Day!

#129888 - 11/18/06 03:48 PM Re: Im Considering Selling My Condo Need Advise.
Pedro1 Offline
CJ -go to an attorney and he will never sell his condo-remember it took you months and much shouting down the phone to let your friend sell you a condo(biggest bargain ever at Royal Palms)-just use a realtor

#129889 - 11/18/06 04:05 PM Re: Im Considering Selling My Condo Need Advise.
captjeff Offline
Yes brother peter , your right my point is for sure you must get Real Estate agent #1 ,but you must get a Attorney also to watch your back..It only cost money.And yes thanks for reminding me for the one hundreth time what a deal chris got me at royal palm !!!!!I almost forgot???????you have not told me that in three weeks.
Living The Dream Every Day!

#129890 - 11/18/06 04:06 PM Re: Im Considering Selling My Condo Need Advise.
klcman Offline
laugh laugh laugh
_ _ _ _ _ _ _________________ _ _ _ _ _ _
But then what do I know, I am but a mere caveman

#129891 - 11/18/06 05:39 PM Re: Im Considering Selling My Condo Need Advise.
Scuba do Offline
thats why we love Peter CJ !!
People don't care how much you know until they know how much you care

Page 1 of 2 1 2 >

Click for excellent scuba lessons with Elbert Greer!

Things to do

Daily News
Daily Weather

Classified Ads
San Pedro Sun
Ambergris Today
SP Town Council
Channel 7
Channel 5
Love FM
The Reporter
Caye Caulker

TV Newscasts
Radio Stations

Click for our
Search thousands of Belizean-only websites

Event Guides
Event Calendar
Specials & Events
Things to Do
iTravel Belize
Paradise Theater

San Pedro Scoop!
Tia Chocolate
My Beautiful Belize
I-Travel Belize
Belize Adventure
Belize Hub
Romantic Travel
Bound for Belize
Conch Creative
As The Coconuts Drop
More Blogs...
Search thousands of Belizean-only websites
Chaa Creek is an award-winning luxury Belize Resort, rated as one of the worlds best Eco Lodges. We are a pioneer in adventure travel to Belize since 1981!
White Sands Dive Shop - 5 Star PADI Dive Facility - Daily diving, SCUBA instruction and Snorkeling
Caribbean Inspired All Natural Condiments & Spice Blends, Over 100 are Gluten Free!
We manage a variety of homes, apartments, condos and commercial properties here on Ambergris Caye. Our minimum lease on ALL properties is six months.
Conch Shell Inn: All rooms are right on the beach in the heart of San Pedro, so within walking distance to anything and everything!!
Lil Alphonse has snorkel equipment to fit anyone as well as Marine Park Tickets and flotation devices to assist those not as experienced.
Coastal Xpress offers a daily scheduled ferry run to most resorts, restaurants and private piers on the island of Anbergris Caye. We also offer  private and charter water taxi service.
Mini Chat

Cayo Espanto
Click for Cayo Espanto, and have your own private island
More Links
Click for exciting and adventurous tours of Belize with Katie Valk!
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28
Who's Online
1 registered (katzgar), 42 Guests and 4 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
18,744 Registered Members
44 Forums
64,593 Topics
463,861 Posts

Most users ever online: 1,262 @ 06/10/07 07:16 PM

AmbergrisCaye.com CayeCaulker.org HELP! Visitor Center Goods & Services San Pedro Town
BelizeSearch.com Message Board Lodging Diving Fishing Things to Do History
BelizeNews.com Maps Phonebook Belize Business Directory
BelizeCards.com SanPedroDaily.com Picture of the Day

The opinions and views expressed on this board are the subjective opinions of Ambergris Caye Message Board members
and not of the Ambergris Caye Message Board its affiliates, or its employees.