120: Real Estate Investing in Belize, with Will Mitchell

Released Tuesday, 7th May 2019

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120: Real Estate Investing in Belize, with Will Mitchell

Tuesday, 7th May 2019

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Will Mitchell is a Canadian real estate investor and the author of The Investor's Guide to Belize Real Estate. His years of real estate experience in both Canada and Belize has allowed him the ability to identify value in growth markets and recognize opportunities others miss .

During this episode, Will share why you may want to invest in the Belizean real estate market. Learn how to how to buy real estate in Belize and what property taxes are like. Find out why Belize is the fastest growing country in the Caribbean from a tourism perspective and how it creates a favorable environment for investors, nomads, and retirees.

Links:

Where we are:

Sam Marks - Tampa, Florida
Johnny FD - Kharkiv Ukraine
Will Mitchell - Toronto, Canada

Discussed:

Time Stamps:

01:36 - Should you travel to Belize?
07:10 - Focusing on the islands for tourism and baby boomers
08:04 - “100% of my focus from an investment standpoint is on the islands” - Will Mitchell
15:21 - The nomad and traveler scene in Belize
18:24 - The country's strong legal system and currency
20:55 - Island hopping and beach life at its best
23:07 - A day in the life of a Belize paradise
24:40 - The John McAfee story and island crime rate
32:45 - How to invest in the property market
38:08 - Beachfront condo starter costs
42:36 - “When you live in Belize you become 100x more popular” - Will Mitchell
43:22 - The AirBnB, rental market, and potential ROI
45:30 - “A standard return on the island would be around 15%” - Will Mitchell
48:26 - Tax % and breakdown
49:42 - “The lay of the land on property taxes is extremely favorable for investors” - Will Mitchell
49:57 - Monthly investor field trip & coworking in Belize
52:45 - Riding JET Powered Surfboards
55:30 - Communicating with others in different languages
01:03:23 - Invest Like a Boss Conference
01:07:53 - Should you invest in Belize?

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