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additional expenses when buying property #433200
03/16/12 06:59 PM
03/16/12 06:59 PM
Joined: Feb 2012
Posts: 12
J
jlee Offline OP
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jlee  Offline OP
J
After buying property in Belize what are the additional expenses one has to pay. For examply stamp duty, transfer fees, title search, etc. How would one calculate these expenses on lets say a $200,000 property?

Re: additional expenses when buying property [Re: jlee] #433201
03/16/12 07:09 PM
03/16/12 07:09 PM
Joined: Nov 2003
Posts: 475
San Pedro
T
TravelinMan1 Offline
.
TravelinMan1  Offline
T
stamp Tax ($210,000.00 USD - $10,000.00 USD x 5%): $9,500.00 USD
Filing Fee: $15.00 USD
Title Opinion: $250.00 USD
pro rated item (property taxes, HOA fees, insurance if applicable).
Legal fees (1% or 2% depending on who you use in some instances less).
Re-survey (if you are buying property you should always have it re-surveyed): $400 USD but it depends on the size of the property

Re: additional expenses when buying property [Re: jlee] #433330
03/18/12 06:53 AM
03/18/12 06:53 AM
Joined: Feb 2012
Posts: 12
J
jlee Offline OP
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jlee  Offline OP
J
Thanks for your help. Much appreciated


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