Top 5 Comparison Costa Rica VS. Belize Real Estate Market

Рет қаралды 64,442

Күн бұрын

Will Mitchell breaks down some of the key differences between Costa Rica and Belize from a real estate and relocation aspect. Everything from taxes, ownership rights, cost of living to the rental market is explained in this video. If you're looking at places like Ambergris Caye, San Jose, Tamarindo, Caye Caulker, Limon, or San Igancio this is the best starting point.

Пікірлер: 181

@WillMitchellBelize Жыл бұрын

Thank you for watching and following along this year everyone! If you'd like to see more Belize content click here to subscribe: kzfaq.info

@taralavoie3423 10 ай бұрын

Excellent info. Thank you Will. We're panning on a research trip in the next few months. This was very helpful.

@RandysWorld 2 жыл бұрын

Was waiting for this one 💯💯

@js4457 9 ай бұрын

Hey Will,Thanks a Million for sharing your grate Real State Belize experience In a clear interesting, Entertaining and Pro way!!!

@MegaBuyer 2 жыл бұрын

Awesome video! No fluff - comprehensive! Thank you for valuing my time.

@WillMitchellBelize 2 жыл бұрын

Thank you for the comment and watching!

@dominiklehnert7265 2 жыл бұрын

Really valuable information, thank you Will!

@WillMitchellBelize 2 жыл бұрын

Thanks Dominik!

@brucefiset5736 2 жыл бұрын

Thanks for the info ,much appreciated

@thedatasage Жыл бұрын

Thanks for sharing this information. The comparison between Belize and Costa Rica was interesting. Hopefully things work out fine, I’ll visit Belize next year. I’ll definitely get in touch with you.

@WillMitchellBelize Жыл бұрын

Thanks for watching, Dwayne! Hope to meet you soon.

@Billyzion3 2 жыл бұрын

Very well explained , good job!!!

@WillMitchellBelize 2 жыл бұрын

Thank you very much!

@julzgatfpv 2 жыл бұрын

great content! i really want to make a property purchase in belize in the near future

@rapidresponserepairllc.man9552 2 жыл бұрын

Will Chris from your office is a great great guy and an asset to your business.

@natashadacosta7474 2 жыл бұрын

Great content Will, as always. Appreciate it!

@WillMitchellBelize 2 жыл бұрын

Thanks so much, Natasha!!

@czapskibusinessgroup Жыл бұрын

Solid video man. I didn't realize how much taxes were in Costa Rica.

@WillMitchellBelize Жыл бұрын

Really appreciate it! Thanks for watching

@Ty2Tito 2 жыл бұрын

The flight time is almost the same from NY to Costa Rica is around 4:40 hours. From NY to Belize is 4:30 hours.

@prestonwright5561 2 жыл бұрын

Great presentation. I have looked at both countries for retirement. Still need to do a few things before I can move/visit.

@WillMitchellBelize 2 жыл бұрын

Thank you very much, Preston. Happy to help however we can

@wolfgangfranke2752 5 ай бұрын

Thks a lot for this informative video. best regards from germany.

@WillMitchellBelize 5 ай бұрын

Thank you very much!!!

@brandonwoodley5198 5 ай бұрын

Wow. Beautiful city and wonderful video.

@davidmostek5486 Жыл бұрын

Awesome video! VERY good content!

@WillMitchellBelize Жыл бұрын

Thank you very much, David!!

@littlesarahautism9787 2 жыл бұрын

As a Belizean there's so many things I just learned from this video that I had no idea of thank you so much. I Can't wait to back to BELIZE love the US but buttt BELIZE IS WHERE IT'S AT FOR ME. I'm going to have to sell my car for a golf cart that's the only part I don't like LOL

@WillMitchellBelize 2 жыл бұрын

Belize is the best!!!

@breath3easy. Жыл бұрын

my entire family is from Belize maternal and paternal. im first generation American. America is cool but Belize has my heart.. I will be relocating aswell. A Belizean artist Mohobub seh "noh sell you land fi nothing even if you hungry and starving. eat up some ah dah ital food!" lol No place like home baby.

@howardmappell3662 Жыл бұрын

U Tmm7mm

@larrybinder3389 2 жыл бұрын

Your videos are great. Very informative. Could you do a comparison with Manta, Ecuador.

@WillMitchellBelize 2 жыл бұрын

Larry, Much appreciated thank you for the kind words and following along!

@stevehulford Жыл бұрын

Great video. Although comparisons Ambergis Caye to San Jose is apples to oranges. If you wanted to compare San Jose it would be to Belize City. Keep up these videos !

@WillMitchellBelize Жыл бұрын

We are working on some new comparison videos to update locations thanks so much for the comment Steve!! Really appreciate the kind words!!

@edrubio3952 Жыл бұрын

Excellent Video and you have peaked my interest. I own in CR and have been to Belize so this was particularly important as I am contemplating a move. As far as your rental comparison, I don't agree with comparing Ambergris Caye with SJO even though you did indeed mention coastal rental markets in CR. I hope to talk to you soon and keep the videos coming.

@WillMitchellBelize Жыл бұрын

Thanks for the feedback, Ed! If you ever have any questions about Belize feel free to reach me at will@remaxbelizerealestate.com and I'm more than happy to help.

@rodvarmo Жыл бұрын

Yeah tourists usually don't stay in San José

@jetplane10 10 ай бұрын

Me too 😂

@mariadavis3797 2 жыл бұрын

You can’t compare Amber Key which is a vacation destination to a capital city like San José which is not a tourist destination.

@grayisthenewblonde 2 жыл бұрын

Please revisit Covid recovery for Belize. Ty for your valuable info.

@SatWiseJanx 11 ай бұрын

Very useful. Thanks

@WillMitchellBelize 11 ай бұрын

Thank you so much!

@Solar-Busters 2 жыл бұрын

After seeing the news today on Bloomberg that Belize had to refinance 553 million in debt, something has to give in the way of taxes & real estate because tourism isn't going to pay off t hat debt, especially after Covid 19 & I've been told by a local on the mainland that as of October 2021, tourism still hasn't come back ? So, whats going to happen with all this government debt ?

@blisslove3758 Жыл бұрын

What are the options? Just curious to understanding this and if it’s a good decision to move there

@waynebaker5720 Жыл бұрын

Taxes will possibly raise and if so it'll be from investors probably first

@WolfF2022 8 ай бұрын

Per capita a bit above 5000 dollars debt, in comparison in the EU every citizen has a debt of over 31000 dollars for 2021, for later I have no data but should not differ so much.

@miketrusky476 4 ай бұрын

Here for 7 years, last year was a banner year the GOVERNMENT is doing GREAT, TOURISM IS ALMOST 50% OF THE ECONOMY. The Boom is on, new roads and a ton of new people from all over the world.

@seandelaney1700 Ай бұрын

That is super helpful to keep an eye on, as indeed it is likely to become a problem for foreign owned holders.

@TombstoneDaDeadman 2 жыл бұрын

Thank you so much for this! If you haven't already, I would love to see you compare Belize to Panama

@WillMitchellBelize 2 жыл бұрын

Absolutely! We have it on the list.

@danawc5595 Жыл бұрын

Really would like that

@sehunlimitedsonyahoward1165 2 жыл бұрын

What about medical insurance, facilities, what is daily life like.

@seandelaney1700 Ай бұрын

Many people have complained to me about the high inflation in CR, sounds like Belize is cheaper than them now, which is a big change. I am surprised by the unusually large visa fee. I look forward to a return when you get more applicable data from any CR coastal place rather than rarely visited San Jose.

@WillMitchellBelize Ай бұрын

It's interesting to compare the cost of living in different countries. Thanks for sharing your insights!

@fredmeck3919 10 ай бұрын

Will, in your comparison of Costa Rica vs. Belize you omit one very important metric. Health care. Any one considering retirement or moving to either location would rate accessibility to quality healthcare important. Also, try comparing Ambergris Caye and Manuel Antonio or Guanacaste regions of Costa Rica.

@WillMitchellBelize 10 ай бұрын

Good feedback we can definitely make that happen

@danielcruz1237 Жыл бұрын

Great information. Do you have anything on Belize vs Ecuador?

@WillMitchellBelize Жыл бұрын

Hi Daniel, We do have some details on that if you send me an email will@remaxbelizerealestate.com I am happy to provide it

@bajajoepoker Жыл бұрын

Thanks for the analysis. Considering becoming a part-time resident of Belize. Thinking about driving a 22’ motorhome through Mexico to Belize. So I appreciated that too. For Baja there is a travel group that really knows what’s up (Vagabundos Del Mar) do you know if there is anything similar for Mexico + Central America?

@WillMitchellBelize Жыл бұрын

Hey there! Thank you very much for watching. Not 100% if we have something like this here. Sounds really cool though

@bajajoepoker Жыл бұрын

@@WillMitchellBelize will call them and ask if they know and will post their answer here. 👍🏻

@jeffsaltzman7909 2 жыл бұрын

What would a small, modest home cost on ambergris caye?

@rapidresponserepairllc.man9552 2 жыл бұрын

Will do a comparison against Panama

@WillMitchellBelize 2 жыл бұрын

We can put that together no problem!

@aishaharris9563 Жыл бұрын

Would love to see a comparison to Panama. Bocas Del Toro specifically

@WillMitchellBelize Жыл бұрын

We can make that happen 😄

@russcollar5353 Жыл бұрын

@@WillMitchellBelize Yeah that would be interesting. Thanks Will!

@stevebuchanan4806 2 жыл бұрын

Good Job

@TheodoreHowse Жыл бұрын

Just subscribed. Great video. I’m interested in buying land in Belize next year. What’s the best way to reach you?

@WillMitchellBelize Жыл бұрын

Hey Teddy thanks so much for watching and subscribing. I really do appreciate it! If you email me at will@remaxbelizerealestate.com I will get back with you asap

@PainInTheGrAssPetWasteRemoval 2 жыл бұрын

Hey Will great video....I have a question about getting residency through the $250,000 investment way....So i purchased a piece of land for $60,000...Lets say i build my house and it cost me $190,000 to build (hypothetically of course)...Does that qualify??..Or does it have to be $250,000 all in one shot on a single transaction??

@jmpabloche 2 жыл бұрын

now it's 150 000 USD ! ( land, house, cars, .....)

@PainInTheGrAssPetWasteRemoval 2 жыл бұрын

@@jmpabloche Wow, really??…They lowered it 100k down to 150 ??…That’s great!!

@jmpabloche 2 жыл бұрын

@@PainInTheGrAssPetWasteRemoval for Costa Rica 🇨🇷.

@PainInTheGrAssPetWasteRemoval 2 жыл бұрын

@@jmpabloche ahhh, gotcha !

@russcollar5353 Жыл бұрын

Thanks that was an excellent presentation. Maybe compare Ambergris to Jaco. San Pedro to Ambergris to Dominical CR?

@WillMitchellBelize Жыл бұрын

We could definitely put something like that together.

@russcollar5353 Жыл бұрын

@@WillMitchellBelize thanks

@russcollar5353 Жыл бұрын

Do you have a real estate business I can link to?

@jeffreychatman3046 10 ай бұрын

Great infro Will. My wife and I are researching retiring in Belize, and we're wanting to know about buying land there, and building a home there, and how expense is it to build a concrete home? Also, the safety factors are a concern for us considering that Belize is near Honduras, it would be great to see something on this. We came across your KZfaq videos and appreciate the time you put into them, we would like to reach to you once we decide to get started with our plans, so please provide us with your contact information we have many questions to ask.

@WillMitchellBelize 10 ай бұрын

Hey Jeffrey thanks for the comment. If you shoot me an email at will@remaxbelizerealestate.com I can answer all your questions!

@tooshay7396 9 ай бұрын

if you want to buy the land and build. . they do have modular andmodern prefab homes too (NOT manufactured!) as another optio . Cayo district is popular for retired americans. There is a 16 mile peninsula further south to explore too. . Placencia in southern Stann Creek district

@aishaharris9563 Жыл бұрын

I’m curious why you choose San Jose as they’re two completely different terrains

@EveryFurtherMile Жыл бұрын

Great info! Thanks! Q: So that's $200pp? We are a family of 4 (2 kids). So we'd have to pay $800/month?

@WillMitchellBelize Жыл бұрын

Thanks very much! Yes that is correct it is pp. There are ways to get residency and not pay that through the temporary investors residency program which the government recently put in place as well!

@travelingdetector7332 2 жыл бұрын

Hi will I'm now here in Belize San Pedro ramones village.. be happy to meet up and check out secret beach..

@WillMitchellBelize 2 жыл бұрын

Hey Tony, please send me an email and we can line something up! Will@remaxbelizerealestate.com

@johanswart1730 Жыл бұрын

BRILLIANT ANALYSIS,VERY HELPFULL.SIR.COULD WE PLEASE ASK YOU TO DO SURINAME,GUYANA,PARAGUAY AND BOLIVIA..FROM SAFETY,PROP RIGHTS,OFF GRID COMMUNITY LIVING SECURING FARMING POINT OF VIEV..LOW CRIME TOO..END DAYS PREPPING HOMESTEADING PROS CONS ANALYSIS PLEASE SIR..IF THERES ONE PERSON WHO CAN DO IT PROFESSIONALLY. ,ITS YOU..PLEASE REMEMBER YOUR 613 COMMANDMENTS..LOVE U ALL

@WillMitchellBelize Жыл бұрын

Thank you, John!

@georgescharles3417 Жыл бұрын

How about a comparison with Punta Cana - Dominican Republic? It's supposed to be a hot market for tourism

@WillMitchellBelize Жыл бұрын

Hey Georges, we can definitely make that happen!

@markdecker2724 Жыл бұрын

Hey Will. I just ran across you channel a few day ago. Wondering if you could direct me to find out if one retired person could live on about $2,000 US Social Security per month? Thanks for your time, really enjoy your information.

@WillMitchellBelize Жыл бұрын

Hey Mark, it would be possible you'd need to pick a location where cost of living is lower I recommend looking at the Cayo district

@bounmaisabelle2280 Жыл бұрын

We are thinking moving out there.

@WillMitchellBelize Жыл бұрын

It is a pretty good move if you ask me!

@bygeorge5152 4 ай бұрын

we would like to buy farmable land for a homestead and have a small buget to work with. I would like to know where to buy and what I could afford!

@jetplane10 10 ай бұрын

Compare coastal spots like Jaco, Quepos, Manual Antonio and Uvita for Costa Rica Will, where ex pats hang San Jose would be 80+% Costa Rican, I'd expect,it is a shocker of a place too

@reefhound9902 10 ай бұрын

I noticed that. You can't compare a coastal vacation area to a central urban city.

@jetplane10 10 ай бұрын

@@reefhound9902 yes but when people don't knoq Costa Rica, it is understandable to make the mistake of comparing grapes with cabbage

@jetplane10 10 ай бұрын

I was in Costa Rica Will 🙂

@mrmikecebu Жыл бұрын

SHOPPING MALLS? WITH A/C?

@anthonydavid7335 Жыл бұрын

How about Belize vs Brazil

@chenxijiang9385 Жыл бұрын

Thanks for the information. btw. How is about medcial and education? Thanks again.

@WillMitchellBelize Жыл бұрын

We can put a video together on that!

@chenxijiang9385 Жыл бұрын

@@WillMitchellBelize Hi will, Thanks for reply. i will send you email about my idea.

@chrishalter6106 Жыл бұрын

Have you looked at how residency impacts families. Children, spouse etc. Does everyone need a work Visa? Who is exempt?

@WillMitchellBelize Жыл бұрын

Hey Chris, we can make something to speak to this and get you all the details!

@ElizabethSmith-ui5ts Жыл бұрын

Do you assist with long term rentals or just investments ? Ty!

@WillMitchellBelize Жыл бұрын

Hey Elizabeth, we can help with both! Shoot me an email at will@remaxbelizerealestate.com and I'll have my team help!

@zamori1013 7 ай бұрын

Please do one on Curacao

@WillMitchellBelize 6 ай бұрын

We can make that happen

@craigwaters6920 Жыл бұрын

Hello Will, My fiancé and I are thinking of going down in December to look at possibly buying a piece of property to rent and possibly move down in a year, maybe two at the latest. Do you have a way that we could get a hold of you?

@WillMitchellBelize Жыл бұрын

Hey Craig, thanks for the comment. Please email me at will@remaxbelizerealestate.com and I will get in touch with you asap!

@Caveman007maga 2 жыл бұрын

Will the fee for renewal is now 200usa for an extra 30 days? It used to be 25 usa? That’s kind of expensive for a family to pay that for a year till they get the permanent residency.

@WillMitchellBelize 2 жыл бұрын

Great question, the fee is $200USD/ month

@genex2freedom346 2 жыл бұрын

@@WillMitchellBelize Is this per family or per person? What about a family with 1 adult and under age children?

@DavidPerez-bc7yk 2 жыл бұрын

you could spend that on food alone in the u.s

@russcollar5353 Жыл бұрын

If that seems expensive you have no business looking at moving there. That is chump change in the bigger picture. Focus on what you can afford

@seandelaney1700 Ай бұрын

@@russcollar5353 To be fair, it is much more expensive than any country I have visited, it is a legit concern.

@expat8460 Жыл бұрын

Thinking of Belize vs Guatemala.

@WillMitchellBelize Жыл бұрын

We can make that happen!

@user-ew2ju3gr6v 5 ай бұрын

Wow, $200 to extend a tourist visa 30 days is a bit steep especially if you are traveling with a spouse or significant other. $4800 per year.

@seandelaney1700 Ай бұрын

This shocked me as well.

@pharri10 Жыл бұрын

I would LOVE to live in Belize. I am a hard working, low maintenance, drug and alcohol free, no problems ever with the Law kind of guy.

@WillMitchellBelize Жыл бұрын

You would love it here, Phillip!

@JS-jh4cy Жыл бұрын

No volcano 🌋 to ruin your place in the next 15 years like in Costa Rica

@PhoenixwayNet Ай бұрын

CR does not charge tax for permanent residents for income outside of CR...not sure why you got that wrong. Both countries are territorial tax countries.

@donnaabateholmes 11 ай бұрын

What about comparing to Guatemala?

@WillMitchellBelize 11 ай бұрын

We can make that happen

@jonathanmora5608 10 ай бұрын

Will, as a Costa Rican resident , income generated outside of the country is tax free.

@tallymay7407 Жыл бұрын

I've been to both Costa Rica and Belize, and I'm still team CR all day, even though Belize is much cheaper

@WillMitchellBelize Жыл бұрын

They’re both great places to be!

@Bill-dj9hv Жыл бұрын

You do not pay income tax on foreign income in Costa Rica. I am a long time permanent residentes of Costa Rica.

@niquelamar7973 Жыл бұрын

Can I come work for you guys??! Tell me me what I need to do!!!

@lesbennett5206 2 жыл бұрын

Please compare Belize to Colombia

@WillMitchellBelize 2 жыл бұрын

Hi Les, thanks for the comment. I actually just got back from a Holiday trip in Colombia so I think we could do a great comparative analysis. We will work on this!

@sulaymanbarrow7369 Жыл бұрын

U can't 2 totally different dynamic

@protofran6301 8 ай бұрын

Hello qu'elles sont les lois au sujet des vaccins covid au Bélize ?

@WillMitchellBelize 7 ай бұрын

Salut, tu n'as pas besoin de vaccins pour quoi que ce soit au Belize.

@chadpage7019 2 жыл бұрын

Will. I think im going to try to move to Belize and get away from this 🍌 Republic that use to be a great country. Could u get back in touch with me for correspondence? Or do I get in touch with the remax island reality? This is a serious enquiry..ty

@WillMitchellBelize 2 жыл бұрын

Hey Chad, sorry for the delayed reply to your comment. Please email me at will@remaxbelizerealestate.com

@chadpage7019 2 жыл бұрын

I will get in touch in the future Will. I feel im ur biggest fan.. Ur videos are very comprehensive and informative.. I was going to drive down.. But like u.. I love my dog and it seems quite tough to get ur dog down without flying. Also u have the Dodge the cartel in south mexico.. Then if u mk it u have to buy insurance at the border to cross into central America.. I want to be down there and investing. I just don't want to come without my truck. Yes I realize only golf carts on the island. But wanted to be able to go see the Mayan ruins. And do other things. Instead I bought a house in Tennessee mountains. But I will be getting in touch in the future. Ur doing a great job dude! Very happy for u. Mean that! And I will be looking to invest in the future.. God bless u Will

@DavidPerez-bc7yk 2 жыл бұрын

THAT'S RIGHT BELIZE LIVES UNDER THE BRITISH FLAG

@shelleyboland5586 2 ай бұрын

Good information but the comparison of Ambergris Caye and San Jose is not apples to apples. San Jose would be like Belmopan. Those are the business & government centers. Ambergris Caye and the Guanacaste region would be more similar.

@WillMitchellBelize 2 ай бұрын

Fair point we could run this one back!

@ronheinemann1137 Жыл бұрын

Excellent comparison but I didn't hear about housing prices for both countries.

@WillMitchellBelize Жыл бұрын

Hey Ron, we can do a more in depth look into housing

@kimjacques5575 8 ай бұрын

Do the locals really want Canadians relocating in Belize. My husband and I would love to retire in Belize and don't want to expose on the locals if they don't want us there. We have heard and seen videos on u tube. Are Canadians safe in Belize?

@WillMitchellBelize 8 ай бұрын

I am Canadian and I have never had any issues. Would say its significantly more welcoming than Costa Rica and I've personally lived in both

@keykey7959 Жыл бұрын

Is total # of tourists even a valid metric? I feel tourists per capita makes more sense.

@WillMitchellBelize Жыл бұрын

In a tourism economy it is definitely a metric we value but you can pull the things you feel are important from the video and look at those!

@thebestbelizeantiktok425 2 жыл бұрын

Compare Belize to Jamaica

@rodvarmo Жыл бұрын

It's also easy to obtain work permit in Costa Rica if you are a skilled worker or are going to invest in the country... Costa rica has free trade with most of the developed world. San José is not top for rentals. Tourists usually skip San jose and don't stay there

@WillMitchellBelize Жыл бұрын

Both great places for sure

@jonathangilman6981 2 жыл бұрын

First comment

@WillMitchellBelize 2 жыл бұрын

Speed

@familyfun8642 Жыл бұрын

Background music = Distracting.

@brianbrown-cv5qd Жыл бұрын

Sweet belize❤

@WillMitchellBelize Жыл бұрын

The best of the best!!

@souschef4489 Жыл бұрын

Are there any gun rights in either country???

@WillMitchellBelize Жыл бұрын

I can get you more detailed info on this if you email me at will@remaxbelizerealestate.com

@hermanpeters549 Жыл бұрын

No military in Costa Rica

@hermanpeters549 Жыл бұрын

Since no military in Costa Rica they put more money in education

@Bill-dj9hv Жыл бұрын

Nonsense.

@tooshay7396 9 ай бұрын

belize needs to allow iboga and psilocybin retreat/treatment ceremonies like costa rica and mexico does

@Caveman007maga 2 жыл бұрын

They erase the 2000 usa retirement income to 2500 usa? That’s impossible for retired couples.

@DavidPerez-bc7yk 2 жыл бұрын

there's no comparison we live under the British flag Belize that is I don't like the republic laws at tall I rather be under the British flag forever

@mariadavis3797 2 жыл бұрын

You wouldn’t be saying that if you were in canada under Trudeau.

@tidy Жыл бұрын

I would rather choose Costa Rica over Belize, but Costa Rica is expensive.

@WillMitchellBelize Жыл бұрын

It’s always give and take

@The_Phill_A_Blunt 2 жыл бұрын

Belize taxes money made abroad also

@The_Phill_A_Blunt 2 жыл бұрын

I’m pretty sure retirement qualifications are are higher than that 1000 a month no way, I thought it was 2000

@davecote4817 Жыл бұрын

Hi You cannot really compare Ambergris Caye to San Jose, for comparison you should compare Belize City to San Jose and maybe Jaco to Ambergris Caye

@larryyeadeke2953 Жыл бұрын

Speak Spanish? Belize is for me.

@WillMitchellBelize Жыл бұрын

Haha I agree Larry

@jenniferfeliu7905 Жыл бұрын

Changing my picture then off to my no shot non alcoholic assignment for me and my child google spies one way or another just like they connecto to youtube In an instant you have no choice publish for free

@The_Phill_A_Blunt 2 жыл бұрын

🤦‍♂️ keep doing homework and don’t stop doing what you are doing but not accurate