Property tax in Belize
See what Belize's tax rules do to your property portfolio.
What Freeholt models for property, income and retirement in Belize, and what it does not.
Free to start. No card. Rules reviewed 2 July 2026.
Modelled here
- Tax on rental income
- Duty on purchase
- Annual property or land tax
BZD · Rates as at 2 July 2026 · Estimates, not advice
Fee simple for foreigners, no restrictions. Rental income pays a 3% business tax on GROSS; no CGT, no estate tax. QRP retirees ($2k/mo foreign income) are tax exempt on foreign income.
How rental income is taxed in Belize
For a resident owner: A flat 3% on gross rent. For an owner living abroad and renting this out: A flat 3% on gross rent.
Interest and losses
A rental loss brings no relief: it cannot reduce other income, and it does not carry forward.
Capital gains on a sale
There is no capital gains tax on residential property.
Annual property tax while holding
About 1.2% a year on the property value.
What it costs to buy
About 5% of the price on purchase. A foreign buyer pays a further 3% on top. Stamp duty 8% for foreign buyers (first USD 10k exempt); 5% for Belizean/CARICOM nationals.
Can a foreign buyer purchase here?
Foreign buyers can generally buy residential property here. Unrestricted fee simple for foreigners since 2001.
How Freeholt models Belize
Every rate above is priced from Freeholt's own table for Belize and runs through the whole projection: rental income, a modelled sale and the annual holding costs all use the same figures. They cannot be edited yet, so a position that differs from the defaults has to be read with that in mind. The estimate assumes an individual owner rather than a company or trust, and where a rule is not modelled it is listed below rather than quietly priced at zero.
What running this property costs
In Belize this covers the ~1 to 1.5% (low assessed value) property tax, insurance (hurricane cover), maintenance and management. BZD pegged 2:1 to USD; English common law.
How borrowing works here
Local financing is scarce and expensive; most foreign purchases are cash.
What actually happened here
This country's own record, one year at a time. Nothing on this page is borrowed from another country. Move across a chart to read a year.
What Freeholt models here
- ModelledTax on rental income
- Resident and non resident rates, with interest and losses treated under the local rule.
- None hereCapital gains on a sale
- No general capital gains tax; the page says what applies instead.
- ModelledDuty on purchase
- One off, on the way in, at the scale in force.
- ModelledAnnual property or land tax
- Charged every year the property is held.
- Not yetIncome tax beyond the rent
- Not modelled for this country yet.
- Not yetDividends, interest and share sales
- Not modelled for this country yet.
- Not yetRetirement savings
- Not modelled for this country yet.
- Not yetInheritance and what happens on death
- Not modelled for this country yet.
What Freeholt does not model here
- Inheritance and estate tax
- Treaty relief between this country and the owner's country of residence
Coverage deepens country by country. Every figure is an estimate, not advice.
Compare with another country
Each page is built from the same table the app runs on, so the figures line up side by side.
Compare Belize with another country — rent, gains, annual tax and duty, side by side.
Questions people ask
- Does Freeholt model Belize property tax?
- Yes. Rental income tax, duty on purchase and annual property or land tax are priced from Freeholt's own rate table for Belize. Belize levies no capital gains tax, so there is nothing to price. The rates are not editable yet, so one that differs in a particular case cannot be overridden. Every figure is an estimate, not advice.
- How is rental income from Belize taxed if I live somewhere else?
- A flat 3% on gross rent. Tax may also be due in the country of residence, with credit for what was paid here. Estimates only, not advice.
- What are the Belize figures as at?
- The rate table for Belize was last reviewed on 2 July 2026. Freeholt date stamps every country rather than implying all of them were checked on the same day. Estimates only, not advice.
Model a property in Belize alongside everything else you own: see the year your portfolio starts paying you back.