Boston, MA (PressExposure) December 02, 2011 -- Belize currently offers some great opportunities for real estate investment, according to alternative investment advocacy group, Alternative Asset Analysis (AAA).
The analysts at AAA claim that tourism is booming in the ex-British colony, due to its unique Caribbean atmosphere, beautiful unspoilt islands and beaches and the fact that English is the first language for most people living in Belize.
AAA's analysis partner, Anthony Johnson, said, "Real estate investment is a growing niche market due to the fact that so many investors are looking into alternative assets in order to diversify their portfolios to protect themselves against risk.
"Investing in property in Belize is a good move as we expect prices to rise as the tourism industry goes from strength to strength," he added.
AAA pointed out that it is important that anyone looking at buying property or land in Belize finds out about the regulations for foreigners buying in the country. Mr Johnson said that anyone buying land over a certain size will need to obtain an Alien's Landholding License. "This rule is in place simply to protect this beautiful country from rampant and irresponsible development, which is a regulation most real estate investors will also be keen to protect," he said.
There is also the issue of tax that needs to be paid to the Belize government on the purchase of homes in Belize - but potential gains should ensure that real estate investment in the country is still profitable.
AAA supports many kinds of alternative investments, not least impact investing and investment in other ethical schemes, such as plantation projects in Brazil, run by firms like Greenwood Management. Mr Johnson explained, "There is a general sense that the South American region is up and coming and investment is rapidly being directed towards the area. However, ensuring that money goes into projects that can benefit the environment and local communities is vital."