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Transfer Tax is coming down #126753
08/28/06 03:59 PM
08/28/06 03:59 PM
Joined: May 2000
Posts: 1,191
San Pedro Town
Chris Offline OP
.
Chris  Offline OP
Finally some good news...the proposed reduction in Stamp Transfer Tax went through its second reading on Friday in the House of Representatives (Belize) without objection. It's off to the Belize Senate for ratification (a formality) and thence to the Governor General for his signature. After that it's law.

http://www.pelicanpropertiesbelize.com/#taxinfo for details

Re: Transfer Tax is coming down #126754
08/29/06 11:48 AM
08/29/06 11:48 AM
Joined: Nov 2002
Posts: 3,035
Pedro1 Offline
.
Pedro1  Offline
even better news is that the first 20,000bzd are totally free of tax-good news for me as I have just purchased the two front lots at Pedro's

Re: Transfer Tax is coming down #126755
08/29/06 03:16 PM
08/29/06 03:16 PM
Joined: Mar 2005
Posts: 1,971
New Jersey & Ambergris Caye be...
2MILESNORTHOFCUT Offline
.
2MILESNORTHOFCUT  Offline
More swampland EH?


I want to be just like Capt Jeff when I grow up!
Re: Transfer Tax is coming down #126756
08/29/06 03:25 PM
08/29/06 03:25 PM

A
Anonymous
Unregistered
Anonymous
A
A seasonal lake.

Re: Transfer Tax is coming down #126757
08/29/06 03:28 PM
08/29/06 03:28 PM
Joined: Mar 2005
Posts: 1,971
New Jersey & Ambergris Caye be...
2MILESNORTHOFCUT Offline
.
2MILESNORTHOFCUT  Offline
(S.L.), Ok I see gringo. wink


I want to be just like Capt Jeff when I grow up!
Re: Transfer Tax is coming down #126758
08/29/06 06:05 PM
08/29/06 06:05 PM
Joined: Nov 2002
Posts: 3,035
Pedro1 Offline
.
Pedro1  Offline
It is cheaper to fish at Pedro's than anywhere else-we also serve the best baked tarpon on the island

Re: Transfer Tax is coming down #126759
08/29/06 06:41 PM
08/29/06 06:41 PM

A
Anonymous
Unregistered
Anonymous
A
Is that "Road Kill" Tarpon?

Re: Transfer Tax is coming down #126760
08/30/06 02:23 PM
08/30/06 02:23 PM
Joined: May 2000
Posts: 1,191
San Pedro Town
Chris Offline OP
.
Chris  Offline OP
Latest on Transfer Tax...the bill is going to the senate on Thursday, it'll pass through there and then it's off to the Governor General for signature.

Re: Transfer Tax is coming down #126761
09/02/06 03:41 PM
09/02/06 03:41 PM
Joined: Aug 2005
Posts: 503
Arizona
Dan Carey Offline
.
Dan Carey  Offline
&nbsp Hey Chris,
does this mean that it will be cheaper for us gringos to buy & sell property in Belize?

&nbsp &nbsp Dan


"Facts are the enemy of Truth"
Don Quixote
Re: Transfer Tax is coming down #126762
09/02/06 04:02 PM
09/02/06 04:02 PM
Joined: May 2000
Posts: 1,191
San Pedro Town
Chris Offline OP
.
Chris  Offline OP
Cheaper to buy, much cheaper. No cheaper to sell, just easier. Buyer pays transfer taxes and closing costs in Belize.

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