Property Taxes

Posted By: LazerSharp1

Property Taxes - 03/13/04 04:56 AM

Hi. I own property in beautiful Belize (inheritance) I have been told that the property taxes are going to increase dramatically, like to the tune of $10,000BZ per acre within 1 mile of the coast, 1% of that makes it $100BZ per acre, or $50US per acre. frown This is pretty outrageous, isn't it? We have been paying about 1/10th that amount for years, I would appreciate confirmation from anyone on this situation, if you can offer solid information, I would be grateful. confused
Posted By: Lan Sluder/Belize First

Re: Property Taxes - 03/17/04 03:19 AM

I'm a little confused by your post. Property taxes in Belize are going to be increased, especially on speculative property that sits idle and isn't being developed. But the increases are likely relatively small, especially compared with property taxes in the U.S. The Belize government needs money, and taxes on large landowners, especially those who don't vote in Belize, are an obvious option.

--Lan Sluder
Posted By: sandb

Re: Property Taxes - 03/19/04 04:34 AM

huh? I think you should find a new handle.
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