Portofino Resort- Now with a new BEACH BAR!!
Page 1 of 4 1 2 3 4 >
Topic Options
#131180 - 10/15/04 06:42 PM Looking to ivest in Belize
spiker Offline
My wife and I are looking at investing in some property, and or a B@B. We are looking at maybe 10 years from now as we are in our late 40's and are still working stiffs.
How easy is it to be away from the country and sill maintain a good investment for a number of years?
Is it a user friendly country to do business?
Is there alot of red tape etc?
We are from Canada and will be arriving in March for 2 weeks staying at the Palms and will be doing some investigating.

Anybody have any thoughts?



#131181 - 10/18/04 05:13 PM Re: Looking to ivest in Belize
dolphin Offline
Hi JB,
Feel free to email me at dolphin@btl.net. I am President of our Chamber of Commerce, and happy to help. Some of your questions require discussion answers. Also happy to meet with you during your visit here.

#131182 - 10/19/04 07:59 AM Re: Looking to ivest in Belize
streetchie Offline
My experience with doing business, or in my case trying to do business, in Belize was not a positive one. Tons of red tape that can be very expensive and cause much heart ache. Having said that, I'd do it all over again.

#131183 - 10/19/04 12:28 PM Re: Looking to ivest in Belize
spiker Offline
Streetchie, Thank you for your comments, how about just buying some property for the future like maybe 5 to 10 years to develop then or just to buy an existing B@B or small guest house etc.
it sounds easy, but by reading on this site it seems easy also, but I am hearing humors its not.
What kind of red tape is there?


#131184 - 10/19/04 12:30 PM Re: Looking to ivest in Belize
spiker Offline
Also, it may be a good time for Canadians as the $$$$ will be par soon, so the experts say

#131185 - 10/19/04 01:22 PM Re: Looking to ivest in Belize
klcman Offline
par with BZ or US confused
_ _ _ _ _ _ _________________ _ _ _ _ _ _
But then what do I know, I am but a mere caveman

#131186 - 10/19/04 01:55 PM Re: Looking to ivest in Belize
Lan Sluder/Belize First Offline
I've written two books on the subject of living/investing/retiring in Belize and interviewed a bunch of people on the subject.

The bottom line advice from most people is: To have a chance, you've got to be hands on at least in the early years, and even then the chances of making it work in Belize are not as good as for a similar business in the U.S. or in some other countries, due to the small local population and economy, the vagaries of the tourist market, and the red tape and less-than-free-market approach of the Belize government.

Plus, it's difficult enough to keep even a condo safe as an absentee owner, and to keep a hotel business going without losing your shirt and more would be an incredible challenge.

That's not to say you couldn't make it work in Belize, and it's easier to do in in San Pedro than in most other areas of Belize, but honestly I think the odds would be against you.

--Lan Sluder
Lan Sluder/Belize First

#131187 - 10/19/04 03:57 PM Re: Looking to ivest in Belize
silkpainter Offline
About buying undeveloped property, IMHO, you can't lose buying on AC in the long run. You will always get more than you paid for it if you're patient.
If you're planning on developing the property, you need to be hands on, even during construction. So many stories... so little time...
-Lee Vanderwalker-Alamina

#131188 - 10/19/04 04:17 PM Re: Looking to ivest in Belize
spiker Offline
klcman, that is the USD, god help us if we (Canada) ever are on par with BZD, no offence to anyone intended. That would not be good for our retirerment. People in Belize would be moving to Canada, or maybe not ha ha

#131189 - 10/19/04 07:08 PM Re: Looking to ivest in Belize
Chris Offline
I don't know, Lan, I think anyone who has a good business plan, especially in the hotel trade, can do just fine here. Certainly I can't think of any well-thought out hotel here on A.C. that has failed where the owners are "in house" and looking after matters in person at their resort.

Most business failures here on Ambergris Caye result from too much booze, drugs and bad company. Taking care of business must be Job #1. Getting smashed and high 7 nights a week won't get Job #1 done. There is one other guaranteed road to failure for newbies....absentee ownership. You have to be here to make your new business work.

Page 1 of 4 1 2 3 4 >

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!!
Lilí 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!
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 29
30 31
Who's Online
0 registered (), 18 Guests and 12 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
18,631 Registered Members
44 Forums
63,687 Topics
461,187 Posts

Most users ever online: 1,262 @ 06/10/07 02:16 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.