Tag Archives: Belize Business

International Businessman, Kofi Nartey, Joins Belize-Centric Global Progress Fund Team

BEVERLY HILLS, Calif. /ScoopCloud/ -- Global Progress Fund, a platform created to provide international groups seeking to diversify their portfolios' access to investments within the country of Belize, is pleased to announce that it has partnered with international businessman, Kofi Nartey, as a founder and core member of the management team.

The Global Progress Fund has been designed as a multi-faceted sustainable investment opportunity, ranging from sustainable smart city real estate development to manufacturing biofuels and bioplastics to multi-media. At the forefront of all of these components is increasing the economic resiliency and bringing economic opportunity to Belize.

"I am delighted to be part of the Global Progress Fund," said Mr. Nartey. "I'm looking forward to helping bring about what will be a billion dollar sustainable smart city development in the heart of Belize. But I'm also looking forward to working towards furthering the economic and infrastructure development of Belize."

In addition to sharing the Global Progress Fund with Mr. Nartey's celebrity and luxury real estate clients through Globl RED, his private real estate firm with over US$6B in transactional experience, Mr. Nartey will assist with the curation and strategy of the real estate development component, from pre-development planning through the ultimate sales cycle.

"We are thrilled to align with a respected industry leader like Kofi. We are excited to have him help us bring the Global Progress Fund to life as he continues to take on the international real estate world through his work with developers, affluent individuals, sports and entertainment celebrities," said co-Founder and Managing Director, Herbert Dogan. "Given our green initiatives and sustainability commitment, we are also pleased to report that we are negotiating with a UK-based NFT pioneer to be able to issue carbon credits as part of the Fund. Finally, we can also report that The Fresnel Companies will be assisting us with the specialized technological issues that are involved in creating a smart city development."

"The Global Progress Fund sustainable smart cities development concept is unique in the Americas," said The Fresnel Companies Partner, Andrew Murphy. "The technological challenges of the development concept align very well with The Fresnel Companies' capabilities."

About Global Progress Fund

Focused on central Belize, the Global Progress Fund will offer select forward-looking investors the opportunity to plant their next "flag" in a developing nation that offers a wealth of opportunities and to have an oversized positive impact on the country with a team that has access to government leaders at the highest level resulting from over fifty years of doing business in the country. By combining the collective years of experience of the team members and leveraging the varied talents of the strategic partners, the Fund can execute on the multi-generational opportunities herein, creating a legacy that will survive modern challenges, affording opportunities for the next generation and beyond, all while having a beneficial impact on the country and people of Belize by providing economic, employment and educational opportunities. For more information about Global Progress Funds vision, please visit: https://youtu.be/Mm0PEEYcxzU

About Kofi Nartey

A leading authority on luxury real estate and development, Kofi Nartey is the go-to broker for affluent clientele, celebrities, and prominent sports figures around the globe. He is the founder of GLOBL Real Estate + Development, a private real estate firm based in Beverly Hills, with global reach. He regularly appears on national television and in print media outlets, including The Wall Street Journal, Los Angeles Times, CBS, CNBC, Fox Business News, ESPN, CNN Money, and The Insider.

He was recently named to the LA500, as one of the most influential business leaders in Los Angeles. Kofi leverages his exposure, reach, professional sports and acting experience, MBA business acumen, and his desire to unlock potential in every business and person he engages. For more information, please visit our Website: https://www.globlred.com/

About The Fresnel Companies

The Fresnel Companies provide essential services in established markets. Technology development and intellectual property developed for these companies have uses that often exceed the scope of the businesses they were designed to serve. Our main focus is in areas where Fresnel collectively has more than 50 years of experience of creating value for investors and management. FGC specifically focuses on four primary segments: Fintech, Media, Data Analytics/Distribution and Software Innovation. For more information, please visit our Website: https://www.fresnelcm.com/

Global Progress Fund, a platform created to provide international groups seeking to diversify their portfolios' access to investments within the country of Belize, is pleased to announce that it has partnered with international businessman, Kofi Nartey, as a founder and core member of the management team.

Related link: https://www.globlred.com/

Government of Belize Breaks Ground on Corozal-Sarteneja Road

SAN DIEGO, Calif. /ScoopCloud/ -- As of November 14, 2019, the Government of Belize has officially commenced the construction of the Corozal-Sarteneja Road. The project, funded by the Government of Taiwan with a loan of $50 million, aims to ease travel between the two locations with a 27-mile road, including the Pablo Nuevo and Laguna Seca bridges.

Legacy Global Development, the developer of the prestigious Orchid Bay, Belize community, asserts that the completion of this road, which is slated for sometime within 54 months of the contract signing earlier this fall, will make real estate in Belize more attractive than ever before.

"The breaking of ground on the Corozal-Sarteneja road project is a very exciting milestone for the Orchid Bay community," says Chris Williams, CEO of Legacy Global Development. "The long-awaited road will give easier access to the community, and will further accelerate the tourism boom in Northern Belize. With the road under construction and more interest than ever in the region, now is the time to buy a home at Orchid Bay."

When the project is complete, residents and visitors of Orchid Bay will have access to bridges between their community, Corozal, and Sarteneja, opening up new opportunities for fast and efficient domestic travel. These bridges and newly paved roads will enable those living in Orchid Bay to reach the regional airport in Northern Belize within minutes.

Even before the development of the new road, tourists have been flocking to Belize in record numbers. The first half of 2019 showed Belize welcoming 6 percent more overnight visitors than the first half of 2018. Orchid Bay, in particular, has experienced unprecedented growth this year, with 18 new homes sold between January and July.

The continued development of Belize means more and more tourists will surely continue to visit and also take up residence in the country. Belize's Northern region of Corozal, home to Orchid Bay, is becoming especially popular, further showing that now is the time to invest in real estate within the community.

Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first-world infrastructure, and 10 percent green space set aside.

Buyers at Orchid Bay have a wide selection of homes to choose from, including Beachfront Condominiums, Beach Villas, and Bungalows. On-site amenities include the Tradewinds Beach Club and Restaurant, and underdevelopment is a 13,000-square foot new beach club with a 2,000 square foot swimming pool, a gym, restaurant, bar, lounging decks, hammocks, day-beds, and private beach access. An on-site grocery store and medical clinic are also projected to open in the future. Orchid Bay offers many activities and tours for its residents and guests, all with easy access to the best of Belize.

To learn more about the Orchid Bay, Belize visit https://orchidbaybelize.com, call (877) 959-9646, or email hello@legacyglobaldevelopment.com.

As of November 14, 2019, the Government of Belize has officially commenced the construction of the Corozal-Sarteneja Road. The project, funded by the Government of Taiwan with a loan of $50 million, aims to ease travel between the two locations with a 27-mile road, including the Pablo Nuevo and Laguna Seca bridges.

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Announces High Demand for Bungalows at Orchid Bay, Belize with New Homes Under Construction Featuring Brand New 2-Bedroom XL Floor Plan

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development today announced that its Bungalows at Orchid Bay, Belize are selling out fast. There are currently only four Bungalows still available, two of which have waterfront locations. As the Bungalows have become highly desirable to homebuyers, prices have gone up for the second time this year on the waterfront locations, and new bungalows are currently under construction to satisfy its popular demand.

Even with the price increase, Bungalows make owning a home in Belize attainable to a wider pool of potential buyers, as they have a more affordable price point than Orchid Bay's other homes. The starting price for a non-beachfront Bungalow still starts at $199,999 for a 1-bedroom/1-bath floor plan. Additionally, Legacy is offering a financing option to those who purchase a Bungalow through its Paradise Payment Plan.

The Bungalows are located in the heart of the Orchid Bay community and are only steps away from the glistening blue waters of the Caribbean Sea. Up until this point, buyers were able to choose between open floor plans, including 3-bedroom/2-bath, 2-bedroom/2-bath, or 1 bedroom/1-bath. The new Bungalows under construction will now feature a brand-new floor plan called "2-Bedroom XL."

"We created this new floor plan to meet the growing demand for our Bungalows, and to accommodate our buyers' personal needs," said Chris Williams, CEO of Legacy Global Development. "We've learned that many owners plan to live here full-time and don't need the third bedroom option. However, they'd still like to have the extra space to accommodate visitors and guests. Therefore, we took this idea to our architects, and now we can offer the perfect solution - the 2-Bedroom XL floor plan."

The 2-Bedroom XL floor plan shares the same square footage, and similar layout to the 3-bedroom/2-bath floor plan, except the major difference is that the master bedroom is significantly larger. For couples who plan to live in their Bungalow the majority of the time, this is the preferable option, as they still have an extra bedroom to offer their guests.

Each Bungalow has a spacious, covered patio for relaxing in the shade while enjoying cooling breezes, modern interior finishes, and access to all on-site amenities, such as the Orchid Bay Beach Club, Tradewinds Restaurant, and community pool. There is lush landscaping between each home, providing extra privacy.

Legacy Global Development is offering optional financing for qualified Orchid Bay Bungalow buyers, called the Paradise Payment Plan - starting at a down payment of $99,999 and low monthly payments of $999.

For those who are interested in purchasing a Bungalow at Orchid Bay and would like to view the new Bungalows under construction, they can take advantage of a Discovery Stay. This epic 4-day, 3-night vacation allows potential buyers to see the property and experience the Orchid Bay lifestyle firsthand, as well as take part in the fun and adventurous activities Belize is well-known for.

The hosted trip features a comprehensive tour of the Orchid Bay community and the choice between several excursion options, including a of ancient Mayan Ruins, world-class fishing, snorkeling along the barrier reef, and more. The tour is booked by a Legacy travel agent who handles all logistics, along with booking roundtrip flights at times which are convenient to each person's schedule. The cost of an Orchid Bay Discovery Stay is $1,999 per couple, inclusive of all food, drinks, excursions, and in-country travel.

For those buyers who are looking to offset the cost of owning a Bungalow, Orchid Bay offers a robust Rental Program that manages the entire process of marketing the home, providing first-class hospitality for guests, and ensuring the house is well-maintained while owners are not on-site. This program comes with a 3-Year Rental Guarantee, which can make buying a Bungalow a smart and rewarding real estate investment.

Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first-world infrastructure, and 10 percent green space set aside.

Buyers at Orchid Bay have other types of homes to choose from, including Beachfront Condominiums and Beach Villas. On-site amenities include the Tradewinds Beach Club and Restaurant, and under development is a 13,000-square foot new beach club with a 2,000 square foot swimming pool, a gym, restaurant, bar, lounging decks, hammocks, day-beds, and private beach access. An on-site grocery store and medical clinic are also projected to open in the future. Orchid Bay offers many activities and tours for its residents and guests, all with easy access to the best of Belize.

To learn more about the Orchid Bay, Belize visit https://orchidbaybelize.com, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

Financing Disclaimer: Terms and conditions apply. Not all will qualify.

*PHOTO link for media: https://www.send2press.com/300dpi/19-0510s2p-orchid-bay-bungalow-300dpi.jpg
*Photo caption: Orchid Bay bungalow.

Legacy Global Development today announced that its Bungalows at Orchid Bay, Belize are selling out fast. There are currently only four Bungalows still available, two of which have waterfront locations. As the Bungalows have become highly desirable to homebuyers, prices have gone up for the second time this year on the waterfront locations, and new bungalows are currently under construction to satisfy its popular demand.

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development in Talks with Major Hotel Brands to Operate Resort at Its Orchid Bay, Belize Property

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, today announced that they are talking with major hotel brands to be Orchid Bay's new hotel operator.

Radisson, Ramada and Hilton are the only three branded hotels/resorts currently operating in the country of Belize. Marriott has announced that they will open a resort and residences project in Ambergris Caye in 2021. Legacy's partnership will mark the fifth major hotel brand to operate a property Belize.

"Our impending deal with one of the biggest hotel brands in the world, is poised to make Orchid Bay the number one resort town in Belize," said Chris Williams, CEO of Legacy Global Development. "We believe bringing in the right brand partner is crucial to the long-term success of Orchid Bay, as well as the success of Belize tourism overall. Although it's too soon to reveal which hotel brand it will be, stay tuned as the announcement will make headlines soon."

This deal will result in offering first-class, luxury hotel accommodations for visitors to Belize and for guests and residents of Orchid Bay. It will bring more amenities to the property, increase tourism, and also bring in more revenue to invest in future developments at Orchid Bay.

Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first-world infrastructure, and 10 percent green space set aside.

Buyers at Orchid Bay have many types of homes to choose from, including Beachfront Condominiums, Beach Villas, and Bungalows. On-site amenities include the Tradewinds Beach Club and Restaurant, and under development is a 13,000-square foot new beach club with a 2,000 square foot swimming pool, a gym, restaurant, bar, lounging decks, hammocks, day-beds, and private beach access. An on-site grocery store and medical clinic are also projected to open in the future. Orchid Bay offers many activities and tours for its residents and guests, all with easy access to the best of Belize.

To learn more about the Orchid Bay, Belize visit https://orchidbaybelize.com - or call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, today announced that they are talking with major hotel brands to be Orchid Bay's new hotel operator.

Related link: https://legacyglobaldevelopment.com/

All Roads to Lead to Orchid Bay with the Announcement of Belize’s $50 million Corozal-Sarteneja Road Project

SAN DIEGO, Calif. /ScoopCloud/ -- The Belize Tourism Board recently released its first half of 2019 tourism figures which showed a 6 percent increase in overnight visitors over 2018, says Legacy Global Development. Additionally, the Government of Belize announced that construction would begin next month on the $50 million Corozal-Sarteneja Road Project.

With Belize's significant tourism growth and the country's investment in new developments, Legacy Global Development, the developer of the luxurious Orchid Bay community, shares its insight on why now is a good time to buy real estate in Belize. Read about it in their latest blog post titled, "All Roads Lead to Orchid Bay."

"There's no doubt that Belize is one of the fastest-growing tropical vacation destinations in the world, offering visitors a mix of diverse cultures, eco-tourism, spectacular natural beauty, adventure, and ancient historical sites," said Chris Williams, CEO of Legacy Global Development. "As Belize tourism is booming, real estate sales are also prospering. We've experienced record home sales at Orchid Bay this year, with a total of 18 homes going under contract between January and July."

As tourism and real estate continue its upward trend, Belize is making a significant investment in new developments. The latest is the $50 million Corozal-Sarteneja Road Project, which also includes the construction of the Pueblo Nuevo and Laguna Seca bridges. Ground is expected to be broken on the project in mid-October.

This latest development will significantly improve the transportation network in Northern Belize, and will positively impact the country's overall growth and prosperity. For residents and visitors of Orchid Bay, it paves the road and installs bridges between Orchid Bay, Corozal, and Sarteneja, which will provide quicker and easier access to get to the property and to travel within the country. The regional airport in Northern Belize will be only minutes away.

The Sarteneja Road project is just one of several projects underway this year in Belize. In 2012, the government launched the National Sustainable Tourism Master Plan (NSTMP), which became the strategic guideline for tourism development in Belize up to 2030.

New developments in 2019 that fall under NSTMP include the Orange Walk Heritage Trail Project, the construction of a 50-person capacity, octagon-shaped shed at St. Herman's Blue Hole National Park, and the Boca del Rio project, which is the beachfront construction of a 10,000-square foot swimming area and seawall in San Pedro.

Additionally, construction has started this month on the new Caye Caulker Craft Market, which is part of Belize's strategic plan to enhance its tourism product for the enjoyment of both visitors and Belizeans alike and also to promote Belize's cultural appeal.

As Belize continues to show impressive growth as a top travel destination, and tourism improvements continue to move forward, especially in Corozal, the Northern region where Orchid Bay is located, it presents an excellent opportunity for real estate investors, retirees, and vacation homeowners who are choosing to buy homes in Belize.

Developed by Legacy Global Development, Orchid Bay is a gated community located on the Bay of Chetumal. It offers homeowners exquisite scenery, first-class amenities, and modern conveniences. And now, with the new Corozal-Sarteneja Road Project, residents will have quick and easy access to the best of Belize's offerings.

Orchid Bay's master plan calls for a series of canals and basins for easy navigation around the community, first-world infrastructure, and 10 percent green space set aside. Buyers have many types of homes to choose from, including Beachfront Condominiums, Waterway Villas, and Bungalows.

You can read the full article about the new paved highway in Northern Belize here: https://blog.orchidbaybelize.com/blog/all-roads-lead-to-orchid-bay
To learn more about the Orchid Bay, Belize visit https://orchidbaybelize.com, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

The Belize Tourism Board recently released its first half of 2019 tourism figures which showed a 6 percent increase in overnight visitors over 2018, says Legacy Global Development. Additionally, the Government of Belize announced that construction would begin next month on the $50 million Corozal-Sarteneja Road Project.

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Shares Insider Knowledge on Why Belize Tourism is Growing at Such a Rapid Rate

SAN DIEGO, Calif. /ScoopCloud/ -- The Belize Tourism Board recently released its January - June 2019 Tourism Statistics which show remarkable growth. Legacy Global Development, the developer of the luxurious Orchid Bay community, offers insight on why Belize continues to rise and how it's related to the country's current real estate boom. Read about it in Legacy's latest blog post titled, "Belize Tourism in 2019: The Numbers Are in For the First Half of the Year."

"Belize is appealing to vacationers for many reasons," said Chris Williams, CEO of Legacy Global Development. "Its official language is English, it's easily accessible from many U.S. cities, and it helps that U.S. Dollars are accepted everywhere. Belize continues to be one of the few safe, tropical destinations that offer sustainability, captivating wildlife, and a mix of welcoming, exotic cultures."

Visitors are drawn to Belize for its 185-mile long barrier reef, tropical rainforests, ceremonial caves, beautiful beaches, and its ancient Mayan ruins. The country offers something for everyone, including families, honeymooners, and more, and appeals to nature lovers, adventure seekers, divers, beach bums, and history buffs.

A sample of findings from the Belize Tourism figures for January - June 2019, include:

* Belize welcomed 284,576 overnight visitors from January to June.
* There was a 6 percent increase in overnight arrivals over the first half of 2018.
* Belize had 697,767 cruise ship visitors from January to June.
* There was a 10.8 percent increase in cruise passenger arrivals over the first half of 2018.
* Visitors to Belize came from the United States (66.65 percent), Europe (11.8 percent) and Canada (7.6 percent).

As Belize continues to show impressive growth as a top travel destination, many travelers are choosing to buy real estate in Belize, as well.

You can read the full article about Belize tourism in 2019 here: https://blog.orchidbaybelize.com/blog/belize-tourism-in-2019-the-numbers-are-in-for-the-first-half-of-the-year

Orchid Bay, as well as other areas, such as San Pedro and Placencia, are experiencing a surge in real estate sales. This shows that Belize's appeal to visitors is also spilling over to investors, retirees, and vacation homeowners.

Orchid Bay had a total of 18 homes going under contract between January and July.

"This sales boom is thanks to Belize's increasing tourism and the many benefits that the country offers homebuyers," said Chris Williams. "Such incentives include low property taxes, no estate or capital gains taxes, 100% foreign ownership, and the country's Qualified Retirement Program."

Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first-world infrastructure, and 10 percent green space set aside.

Buyers have many types of homes to choose from, including Beachfront Condominiums, Casitas, Waterway Villas, Bungalows, and homesites and lots where buyers can build their own custom home. On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a 7,700-square foot beach club with multiple swimming pools, a gym, restaurant, bar, lounging decks, and private beach access, which is currently in development.

An on-site grocery store and medical clinic are also projected to open in the future. Orchid Bay offers many activities and tours for its residents, all with easy access to the best of Belize.

To learn more about the Orchid Bay, Belize visit https://orchidbaybelize.com - or, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

The Belize Tourism Board recently released its January - June 2019 Tourism Statistics which show remarkable growth. Legacy Global Development, the developer of the luxurious Orchid Bay community, offers insight on why Belize continues to rise and how it's related to the country's current real estate boom. Read about it in Legacy's latest blog post titled, "Belize Tourism in 2019: The Numbers Are in For the First Half of the Year."

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Shares How to Achieve ‘Blue Mind’ in Belize

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, explores the concept and benefits of blue mind, in its latest blog post titled, "Experiencing Blue Mind in Belize."

Blue mind is a concept made popular in the bestselling book by the same name, written by Marine Biologist Walter J. Nichols, where he details the science behind the remarkable effects water has on our health and wellbeing.

Nichols defines blue mind as "the mildly meditative state we fall into when near, in, on or underwater." We spend much of our lives in a state known as red mind, which is characterized by the overstimulation of our everyday surroundings and responsibilities. Rather than turning to unhealthy coping mechanisms to deal with this discomfort, we can spend time in or near water to unlock the state of blue mind-the opposite of red mind-to feel calm and at ease.

The concept of blue mind is backed by neuroscientists, who agree on the benefits it offers, including feelings of relaxation, increased physical performance, and a boost in creativity. We can achieve blue mind through a variety of methods. Smaller bodies of water like lakes, rivers, ponds, streams, fish tanks, fountains, and even bathtubs can all activate the positive surge of emotions that come with blue mind.

However, the best way to access blue mind is to go to the beach. Studies indicate that the negatively charged ions near the sea lower blood lactate levels and improve mood.

"Nothing compares to the bliss that comes from spending time away from the daily grind-no cell phone, no responsibilities, just you and the water," said Chris Williams, CEO of Legacy Global Development. "And there's no better place to achieve this state of euphoria than in Belize. As home to the second-largest barrier reef in the Western Hemisphere, and offering water activities from diving, snorkeling, and fishing, there is no shortage of opportunities to achieve blue mind here. When just sitting on the beach with a tropical drink in hand, Belize offers extraordinary water views like no other."

Orchid Bay, Belize is surrounded by the beautiful waters of the Caribbean Sea. It is the ideal community to stay for a week, or own a vacation home and visit throughout the year. Vacationers and homeowners can choose between Beachfront Condominiums, Casitas, Waterway Villas, or Bungalows, right on the gorgeous coastline of Belize. Without even leaving the community, there are plenty of opportunities to achieve a constant state of blue mind, including access to an infinity pool, paddleboards, kayaks, and beach volleyball.

Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first-world infrastructure, and 10 percent green space set aside.

On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a 7,700-square foot beach club with multiple swimming pools, a gym, restaurant, bar, lounging decks, and private beach access, which is currently in development. An on-site grocery store and medical clinic are also projected to open in the future.

To learn more about the Orchid Bay, Belize visit https://orchidbaybelize.com, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, explores the concept and benefits of blue mind, in its latest blog post titled, "Experiencing Blue Mind in Belize."

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Shares Its Top Reasons to Invest in a Beachfront Vacation Condo

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its insider knowledge on why investing in a beachfront condo is a smart investment, in a blog post titled, "Top 4 Reasons to Invest in a Beachfront Condo."

"As vacation rentals are becoming the better, more affordable alternative to hotels, real estate investors are jumping on this very intriguing and potentially lucrative trend," said Chris Williams, CEO of Legacy Global Development. "Thanks to rental portals such as Airbnb, HomeAway, and VRBO, there are hundreds of millions of vacation rental users worldwide, and these rentals are expected to topple the hotel industry."

"As a result of this growing trend, we've received more demand from buyers for beachfront real estate at Orchid Bay, Belize in the last year alone - more than we've seen in all of the previous years combined since we've taken over as the developer in 2016."

According to Williams, Beachfront Condos in Belize and other Caribbean and Latin American counties are appealing to real estate investors for many reasons. It can bring a high return on investment, a reliable income stream, and personal access to a desirable vacation locale.

According to the blog post, some of the top benefits of investing in a beachfront condo include:

* It exposes the buyer to lower risk than other types of real estate. Vacation homes in top tourist destinations attract many guests, so there's less effort to maintain high occupancy levels, and owners can charge higher nightly rates.

* Vacationers prefer to rent a condo because it's similar to staying at a hotel. There are on-site amenities and activities that bring people together for shared social experiences, whereas renting a beach house or villa does not offer that same advantage.

* A beachfront condo serves as a dual-use property that owners can rent out during peak travel times, and can stay at and enjoy the home with their family and friends at other times throughout the year.

* Many investors claim that their rental income from peak periods alone covers their condo expenses - like loan payments, property tax, insurance, and repairs - for the entire year.

* Thanks to real estate appreciation, beachfront condo owners are usually able to sell the property at a higher price than it was purchased for. These profits can then be used to invest in another property.

* Vacationers want to be as close to the beach as possible, and renting a beachfront condo is usually more affordable than staying at a beach resort or renting a beach house or villa.

The current surge in vacation home sales at Orchid Bay is directly related to Belize's rapidly growing tourism. Additionally, real estate buyers are attracted to Belize because contracts are in English, there are low property taxes, and no estate or capital gains taxes.

Tower-C is the third Beachfront Condo being built at Orchid Bay and will feature updated enhancements including high-end finishes, an open concept layout, an elevator, and is only steps away from the Caribbean Sea. Each Condo comfortably sleeps four - six people and has two private outdoor terraces, at least one which provides unobstructed water views.

Orchid Bay also offers Condo owners the option to participate in its Rental Program. This rental management program comes with a three-year rental guarantee and includes all marketing, logistics, and communication with renters.

Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment.

The master plan calls for a series of canals and basins for easy navigation around the community, first-world infrastructure, and 10 percent green space set aside. Learn more at: https://www.orchidbaybelize.com/

On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a 7,700-square foot beach club with multiple swimming pools, a gym, restaurant, bar, lounging decks, and private beach access, which is currently in development. An on-site grocery store and medical clinic are also projected to open in the future.

To learn more, read the full article here: https://blog.orchidbaybelize.com/blog/top-4-reasons-to-invest-in-a-beachfront-vacation-condo

*PHOTO link for media: Send2Press.com/300dpi/19-0822s2p-lgd-condo-rendering-300dpi.jpg

Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its insider knowledge on why investing in a beachfront condo is a smart investment, in a blog post titled, "Top 4 Reasons to Invest in a Beachfront Condo."

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Announces Surge in Home Sales at its Orchid Bay, Belize Property

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, today announced that it had a significant increase in home sales for 2019, with a total of 17 homes going under contract between January and July. The developer believes this surge in sales is thanks to Belize's rise in tourism and the many benefits that the country offers homebuyers.

In 2018, Belize saw record growth of overnight tourists for each month of the year, over the same month in 2017. In total, Belize welcomed 489,261 visitors, a 14.6 percent increase from the year prior, and this was the most substantial rise in tourists seen in the past 10 years.

"As Belize continues to climb the ranks as a top travel destination, it offers a smart and potentially rewarding investment opportunity for those who want to buy in early," said Chris Williams, CEO of Legacy Global Development. "While we've experienced robust sales at Orchid Bay, other areas of Belize, such as San Pedro and Placencia, are also enjoying a real estate boom. This is even further proof of Belize's desirability to investors, retirees, and vacation homeowners."

Belize is appealing to tourists for many reasons. Its official language is English. It borders Mexico and is only a 2-hour flight from major U.S. cities, and US Dollars are accepted everywhere. It is also one of the few friendly, tropical destinations that has preserved its gorgeous environment, unique wildlife, and exotic culture.

On the real estate side, Belize offers several attractive benefits to home buyers. All real estate contracts are in English, there are low property taxes, and no estate or capital gains taxes. Additionally, assets are protected by British Common Law, and the country allows 100 percent foreign ownership of properties and businesses.

Belize also offers an excellent incentive for expat retirees, called the Qualified Retirement Program (QRP). To qualify, one must be at least 45 years old, live in Belize at least one month per year, and have a monthly income of at least $2,000 or a yearly income of $24,000 from a pension or annuity (including Social Security). Those who qualify are allowed to bring $15,000 worth of personal goods into Belize tax-free and pay no Belizean taxes on any foreign-earned income.

Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first-world infrastructure, and 10 percent green space set aside.

Buyers have many types of homes to choose from as the community is comprised of Beachfront Condominiums, Casitas, Waterway Villas, Bungalows, and home sites and lots where Orchid Bay homebuyers can build their own custom home. On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a 7,700-square foot beach club with multiple swimming pools, a gym, restaurant, bar, lounging decks, and private beach access, which is currently in development. An on-site grocery store and medical clinic are also projected to open in the future. Orchid Bay offers many activities and tours for its residents, all with easy access to the best of Belize.

To learn more about the Orchid Bay, Belize visit https://orchidbaybelize.com - or call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, today announced that it had a significant increase in home sales for 2019, with a total of 17 homes going under contract between January and July. The developer believes this surge in sales is thanks to Belize's rise in tourism and the many benefits that the country offers homebuyers.

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Engages Zurcher Arquitectos to Design New Beach Club at Orchid Bay, Belize

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development today announced it has retained Zurcher Arquitectos to design the Beach Club at its Orchid Bay, Belize property. Construction on the new Beach Club will commence in the near future and is being designed to meet luxury hotel standards.

Zurcher Arquitectos is the leading architect in Latin America, having worked with prestigious hospitality brands such as Four Seasons, JW Marriott, Rosewood, St. Regis, and Hyatt.

The Beach Club at Orchid Bay, Belize will offer deluxe amenities including multiple swimming pools, a gym, restaurant, bar, lounging decks, private beach access, and parking for vehicles and golf carts. The new buildings will provide a total of 7,700 square feet where community members can socialize, swim, workout, dine, and more.

"We're incredibly excited to start construction on the Beach Club at Orchid Bay. Having already worked with Zurcher Arquitectos on other Orchid Bay projects, we have full confidence that this lavish club and its many offerings will completely transform our community," said Chris Williams, CEO of Legacy Global Development. "With the addition of the new Beach Club, it becomes yet another venue to create lasting memories with family and friends in a beachfront paradise setting."

Zurcher Arquitectos was founded in 1978 by current President, Ronald Zurcher, the world-renowned architect behind many notable, luxury hospitality projects throughout Latin America and the Caribbean. The firm was previously hired by Legacy Global Development to handle the architecture and interior design for Orchid Bay's Tower C Beachfront Condos.

"My team and I are always excited to work with Orchid Bay and create spectacular structures that combine innovative design and social responsibility with the development's natural surroundings," said Ronald Zurcher. "We're now putting the finishing touches on the design plans and can't wait to break ground and see our stunning ideas for the Beach Club come to life."

Learn more about Ronald Zurcher: http://www.zurcherarquitectos.com/ronald-zurcher

About Orchid Bay, Belize:

Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first world infrastructure, and 10 percent green space set aside.

Buyers have many types of homes to choose from as the community is comprised of Beachfront Condominiums, Casitas, Waterway Villas, Bungalows, and home sites and lots where Orchid Bay homebuyers can build their own custom home. On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a grocery store and medical clinic, both of which will are projected to open in the future. Orchid Bay offers many activities and tours for its residents, all with easy access to the best of Belize.

To learn more about the Orchid Bay, Belize visit https://offers.orchidbaybelize.com - or call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

Learn more about Legacy Global Development at: https://legacyglobaldevelopment.com/

*IMAGES FOR MEDIA:
[1] https://www.Send2Press.com/300dpi/19-0726s2p-lgd-beachclub1-300dpi.jpg
[2] https://www.Send2Press.com/300dpi/19-0726s2p-lgd-beachclub1-300dpi.jpg

Legacy Global Development today announced it has retained Zurcher Arquitectos to design the Beach Club at its Orchid Bay, Belize property. Construction on the new Beach Club will commence in the near future and is being designed to meet luxury hotel standards.

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Announces Release of 4 New Bungalow Homes at ORCHID BAY, BELIZE

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development today announced the release of four new Bungalows at its luxurious Orchid Bay, Belize property. Beachfront Bungalows make owning a home in Belize attainable to a wider pool of potential buyers, as they have a more affordable price point than Orchid Bay's other homes. Additionally, Legacy is offering a financing option to those who purchase one of the newly-released Bungalows through its Paradise Payment Plan*.

The Bungalows are located in the heart of the Orchid Bay community and are only steps away from the glistening blue waters of the Caribbean Sea. Buyers can choose between open floor plans, including 3-bedroom/2-bath, 2-bedroom/2-bath, or 1 bedroom/1-bath, each which efficiently maximizes the use of the home's square footage. Bungalow prices start at $209,000, and the deadline to purchase is July 12, 2019.

Each bungalow offers a spacious, covered patio for relaxing in the shade while enjoying cooling breezes, modern interior finishes, and access to all on-site amenities, such as the Orchid Bay Beach Club, Tradewinds Restaurant, and community pool.

Legacy Global Development is offering optional financing to Orchid Bay Bungalow buyers, called the Paradise Payment Plan. Terms include a down payment of $99,000 and low monthly payments of $999.

"We've designed the Bungalows at Orchid Bay to offer the same luxuries as our other homes within the community, but at a more affordable price point," said Chris Williams, CEO of Legacy Global Development. "Combined with our optional financing program, the dream of living in paradise - full time or part time - becomes even more obtainable for vacation home buyers and retirees."

For those who are interested in buying a Bungalow at Orchid Bay, they can take advantage of a Discovery Stay. This epic 4-day, 3-night vacation allows potential buyers to view the property and experience the Orchid Bay lifestyle firsthand, as well as take part in the fun and adventurous activities Belize is well-known for.

The hosted trip features a comprehensive tour of the Orchid Bay community and Belize excursions including a visit to Ambergris Caye, exploring ancient Mayan Ruins, and more. The tour is booked by a Legacy travel agent who handles all logistics for guests, along with booking roundtrip flights at times which are convenient to each person's schedule.

The regular price of an Orchid Bay Discovery Stay is $1,999 per couple, inclusive of all food, drinks, excursions, and in-country travel. However, the first six groups who book a Bungalow Discovery Stay are entitled to receive a special discount.

For those buyers who are looking to offset the cost of owning a Bungalow, Orchid Bay offers a robust Rental Program that manages the entire process of marketing the home, providing first-class hospitality for guests, and ensuring the house is well-maintained while owners are not present. This program comes with a 3-Year Rental Guarantee, which can make buying a Bungalow a smart and practical real estate investment.

About Orchid Bay, Belize:

Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first world infrastructure, and 10 percent green space set aside.

Buyers have many types of homes to choose from as the community is comprised of Beachfront Condominiums, Casitas, Waterway Villas, Bungalows, and home sites and lots where Orchid Bay home buyers can build their own custom home. On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a grocery store and medical clinic, both of which will are projected to open in the future. Orchid Bay offers many activities and tours for its residents, all with easy access to the best of Belize.

To learn more about the Orchid Bay, Belize visit https://offers.orchidbaybelize.com, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

*Terms and conditions apply. Not everyone will qualify.

Legacy Global Development today announced the release of four new Bungalows at its luxurious Orchid Bay, Belize property. Beachfront Bungalows make owning a home in Belize attainable to a wider pool of potential buyers, as they have a more affordable price point than Orchid Bay's other homes.

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Shares Insider Knowledge on What to Expect If Moving to Belize

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development, the developer of the beautiful Orchid Bay, Belize community and recognized as an expert source for living in Belize, shares its wisdom in a blog post titled, "Before Moving to Belize, You Need to Read This."

Many North American retirees and those who work remotely, are choosing to take up residence in the Caribbean and Latin America. Belize is quickly becoming a top choice on that list, especially as it's an English-speaking country that accepts U.S. dollars, and it's only a short flight from several major U.S. cities.

"What makes Belize so appealing to expats? For starters, Belize offers exquisitely beautiful scenery, including its azure blue waters, tropical rainforest, Mayan Ruins, mystical caves, and exotic flora and fauna," said Chris Williams, CEO of Legacy Global Development. "Belize is an ideal fit for nature lovers, beach bums, history buffs, diving fanatics, adventure seekers, and more, so you'll never get bored. Also, geographically, politically, and financially, it's an excellent choice to buy a home in and live here full-time, or live here part-time and rent out your home to vacationers throughout the year."

According to Legacy, the pros of moving to Belize, in addition to the fact that it's an English-speaking country and that it's geographically close to the U.S., are that it offers a culturally diverse, laidback, and healthy lifestyle.

As Belize is a melting pot of different cultures who all get along, everyone, including tourists and expats, feels welcome and at peace. With an average year-round temperature of 84 degrees, residents spend most of their days outside taking in its spectacular scenery while engaging in outdoor activities, and their nights socializing and making friends easily as everyone speaks English. Therefore, Belize's laidback attitude provides a stress-free, healthy environment.

Additionally, Belize offers an excellent incentive for expat retirees, called the Qualified Retirement Program (QRP). To qualify, one must be at least 45 years old, live in Belize at least one month per year, and have a monthly income of at least $2,000 or a yearly income of $24,000 from a pension or annuity (including Social Security). Those who qualify are allowed to bring $15,000 worth of personal goods into Belize tax-free and pay no Belizean taxes on any foreign-earned income.

When relocating to a foreign country, there are always considerations to keep in mind, and this applies to Belize as well. Like most Caribbean nations, Belize is on "island time" so having patience with its slower pace is essential.

Additionally, Belize does tend to have high crime rates. However, the majority of serious crimes happen in Belize City or by the Guatemalan border, which skews the crime numbers for the entire country. Violent crimes against expats and tourists are very infrequent, and they typically feel very safe when not in those areas.

Read Legacy's full blog post to learn more about the pros and cons of moving to Belize, and to obtain information on visas, bringing pets into the country, healthcare, and more: https://blog.orchidbaybelize.com/blog/before-moving-to-belize-you-need-to-read-this

About Orchid Bay, Belize:

Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first world infrastructure, and 10 percent green space set aside.

Buyers have many types of homes to choose from as the community is comprised of Beachfront Condominiums, Casitas, Beach Villas, and Bungalows. On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a grocery store and medical clinic, both of which will are projected to open in the future. Orchid Bay offers many activities and tours for its residents, all with easy access to the best of Belize.

To learn more about the Orchid Bay, Belize visit https://offers.orchidbaybelize.com, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

*PHOTO link for media: Send2Press.com/300dpi/19-0625s2p-move-to-belize-300dpi.jpg
*Photo caption: Before moving to Belize, you need to read this.

Legacy Global Development, the developer of the beautiful Orchid Bay, Belize community and recognized as an expert source for living in Belize, shares its wisdom in a blog post titled, "Before Moving to Belize, You Need to Read This."

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Shares Its Recommendations on the Top 10 Memorable Things to Do in Belize

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community and recognized as an expert source on Belize tourism, shares its Top 10 List of sites to see and things do while visiting Belize.

As the home to the second largest barrier reef in the Western Hemisphere, ancient Mayan Ruins, dense jungle, and more, many travelers are unaware that a Belize vacation offers much more than just a picturesque setting of beautiful beaches and sparkling blue waters. This is what sets Belize apart from other Caribbean destinations, and makes it unique to its neighboring Central American countries.

"If you're a nature lover, adventurer seeker, diving fanatic, or history buff, you'll never get bored in Belize," said Chris Williams, CEO of Legacy Global Development. "There are many spectacular sites to see, natural wonders to explore, and extraordinary experiences to enjoy."

"We created this Top 10 List because we found that many of our Orchid Bay home buyers visit Belize for the first time and are surprised to learn all that Belize has to offer," added Chris Williams. "It's these exciting offerings which contribute to Belize's growing popularity amongst North American tourists."

Below, in no particular order, are the "Top 10 Most Memorable Things to Do in Belize," released today by Legacy Global Development:

1. Great Blue Hole
As a UNESCO World Heritage Site, the Great Blue Hole is considered one of the world's most distinguished diving sites. Created approximately 10,000 years ago after a cave roof crumbled in, this deep blue abyss contains underwater tunnels, caverns, and rock formations. It can be experienced through a diving day trip, flying over it in a helicopter or airplane, or snorkeling.

2. Altun Ha
Belize is home to several Mayan Ruins. One of them is Altun Ha, meaning "Rockstone Pond," where visitors can view two plazas with pyramids, tombs, temples, and ceremonial mounds. This is where elite priest-kings were buried with precious items, such as jade, pottery, and pearls.

3. Actun Tunichil Muknal
Actun Tunichil Muknal (also known as the ATM Tour) is a well-known Mayan burial site in Western Belize. National Geographic had named it one of the Top 10 Sacred Caves, and it offers an "Indiana Jones" type of experience, where one can view ancient Mayan relics and skeletal remains inside the cave.

4. Belize Botanic Gardens
The Belize Botanic Gardens used to be a cattle pasture and today offers tours to view over 2,000 plant species, including plants which have been used for medicinal purposes for centuries. The botanical gardens are also an ideal place for birdwatching.

5. Barton Creek Cave
Barton Creek is one of the largest river caves in Belize and was once used for ceremonial purposes and human sacrifices by the Maya. It consists of giant passages covered with numerous large speleothems.

6. Cockscomb Basin Wildlife Sanctuary
To take in Belize's spectacular fauna in its natural habitat, the Cockscomb Basin Wildlife Sanctuary is must-see attraction. It's home to jaguars, a gorgeous array of tropical birds, exotic plants, and even a Mayan ceremonial site.

7. Black Hole Drop
This tour for adventure seekers begins with a treacherous hike to the Actun Lock sinkhole. Upon arrival, hikers prepare to descend over 200 feet into the rainforest below.

8. Cerros Marine Ruins
The Cerros Marine Ruins are partially underwater with temples, plazas, and canals revealed above. This secluded 52-acre site was once home to 1,000 Mayans.

9. Monkey River Tour
This day tour glides down the Monkey River while passing by wildlife on the shore. Participants can then trek into the jungle to see and hear the howling monkeys, and exotic flora and fauna.

10. Lamanai
Lamanai is a 960-acre Mayan site located on the New River Lagoon in Northern Belize. Its name means "submerged crocodile" which is encountered during the visit, including artifacts depicting reptiles, plus crocodiles and iguanas crawling along its banks.

About Orchid Bay, Belize
Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first world infrastructure, and 10 percent green space set aside.

Buyers have many types of homes to choose from as the community is comprised of Beachfront Condominiums, Casitas, Beachfront Villas, Bungalows, and home sites and lots where Orchid Bay home buyers can build their own custom home. On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a grocery store and medical clinic, both of which will are projected to open in the future. Orchid Bay offers many activities and tours for its residents, all with easy access to the best of Belize.

To learn more about the Orchid Bay, Belize visit https://offers.orchidbaybelize.com, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community and recognized as an expert source on Belize tourism, shares its Top 10 List of sites to see and things do while visiting Belize.

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Shares Top 5 Misconceptions on Belize Real Estate

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its Top 5 Misconceptions about Belize real estate. As the number of real estate investors taking an interest in Belize continues to grow, there are misunderstandings about the home buying process and how it differs from buying property in the United States. To clear up these misconceptions and manage home buyer expectations, Legacy debunks the myths and sets the record straight.

"Belize is rapidly becoming a top destination for North American buyers who are looking to purchase vacation homes and for retirees who are choosing to live out their golden years in a tropical destination," said Chris Williams, CEO of Legacy Global Development. "There's no doubt that Belize presents a smart and rewarding investment opportunity for those who want to buy in early, especially as its status as an up and coming travel destination continues to rise in the ranks."

Belize is attracting real estate investors because of the desirable benefits it offers to international buyers. All real estate contracts are in English, there are low property taxes, and no estate or capital gains taxes. Additionally, assets are protected by British Common Law, and the country allows 100 percent foreign ownership of properties and businesses.

"Legacy has worked with an untold number of North American buyers who, not surprisingly, are unfamiliar with how purchasing real estate in Belize is typically handled," said Chris Williams. "We want our buyers to be confident in their home buying process, and therefore, we wanted to debunk some of the common real estate myths that are floating around."

Below are the Top 5 Misconceptions on Buying Property in Belize released today by Legacy Global Development:

1. All home listings are aggregated on an MLS-like service.
When in the market to buy a home in the U.S., buyers can get a list of homes in their desired area and budget by using the Multiple Listing Service (MLS), the public database which shows all the homes for sale, how long they've been on the market, its asking price, what homes have sold for, and more.

However, no such service exists in Belize. Obtaining a list of homes that meet a buyer's needs, even if working with a local real estate agent, is not as simple. It takes time, research, and networking to find the potential homes a buyer may be interested in.

2. There is financing available to purchase a home.
Obtaining a loan or mortgage to purchase a home in Belize is not readily available. This is because most Belize real estate transactions are in US dollars, and domestic borrowing is only permitted in Belize dollars.

Real estate buyers who are not able to purchase a home with all cash, may be able to borrow through a Belizean offshore banking institution. Also, Belize property sellers typically agree to property financing at negotiable and favorable rates, and is, therefore, a popular and desirable lending option for many buyers.

3. It's difficult for foreigners to own property in Belize.
Compared to other countries, it's actually quite easy to own a home or property in Belize. Foreigners have the same rights as Belizean citizens when it comes to property ownership. This includes a fee simple title, so home ownership comes without any restrictions or conditions.

Previously, Belize had an Alien Landholding Act which regulated foreigner land holding and laid out specific conditions which must be met. However, that act was abolished in 2001.

4. Homeowners can obtain title insurance.
When purchasing real estate in North America, buyers typically work with a title insurance company that identifies any existing defects in the property title that need to be corrected by the seller before the buyer purchases the property.

In Belize, buyers are recommended to work with a local real estate lawyer or realtor to determine that the title is in good standing. This letter of good-standing from the lawyer acts as the assurance that the chain of title is accurate and free and clear of encumbrances.

5. Belize real estate is cheap.
Real estate prices in Belize vary throughout the country, but it's a fact that home prices are not nearly as inexpensive as they were 10 years ago. As Belize has gained in popularity as a tourist destination, its home prices have increased as well.

There are many beachfront homes or homes that close to the water, and/or located in nice communities that are built to North American standards, with the modern finishes that these buyers are accustomed to. Homes with high-end amenities come at higher prices.

About Orchid Bay, Belize:
Located in northern Belize and developed by Legacy Global Development, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first world infrastructure, and 10 percent green space set aside.

Buyers have many types of homes to choose from as the community is comprised of Beachfront Condominiums, Casitas, Waterway Villas, Bungalows, and home sites and lots where Orchid Bay home buyers can build their own custom home. On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a grocery store and medical clinic, both of which will are projected to open in the future. Orchid Bay offers many activities and tours for its residents, all with easy access to the best of Belize.

Orchid Bay also provides buyers with an optional financing plan called the Paradise Payment Program. Terms include an affordable down payment and monthly payments as low as $999. This program makes owning a home in Belize highly accessible and practical.

To read this article in full, go to Orchid Bay's blog: https://blog.orchidbaybelize.com/blog/top-5-misconceptions-on-buying-real-estate-in-belize

To learn more about the Orchid Bay, Belize visit https://www.orchidbaybelize.com, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its Top 5 Misconceptions about Belize real estate. As the number of real estate investors taking an interest in Belize continues to grow, there are misunderstandings about the home buying process and how it differs from buying property in the United States.

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Today Announced the Launch of Four New Beach Villas for Sale at Orchid Bay, Belize

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development today announced the launch of four Beach Villas at its Orchid Bay, Belize community. The Beach Villas are new standalone homes being constructed on the most desired lots of the development, right on the water's edge, and are the last of Orchid Bay's remaining waterfront lots.

The Beach Villas at Orchid Bay are the largest sized homes in the development. The beachfront properties feature architecture and interior design from Zurcher Architects and Zurcher Interiors, the leading design firms in Central America and the Caribbean.

Prices for the Beach Villas start at $550,000. However, buyers can take advantage of a current promotion which allows them to save $50,0000 off of their purchase, if they reserve their home by June 7, 2019. This offers an incredible value for that price range, as Beach Villas are among the most luxurious homes in all of Belize, and are located in a private, gated community.

"After the recent success with our Beachfront Condos and selling out of our current offering of Village Bungalows, we are very excited to launch our updated Beach Villas at Orchid Bay," said Chris Williams, CEO of Legacy Global Development. "These are the nicest homes we've ever offered in our development, and they are among the nicest homes in the entire country of Belize. They will make the perfect vacation home for those who love hosting family and friends - and we can't wait to see even more friendly faces in our growing community!"

Beach Villas are two-story homes providing the most living space compared to any other type of home offered at the Orchid Bay development. Each story has a covered patio, with an option to add a third-floor rooftop patio as an upgrade. The base floorplan is 2-bedroom/2-bath, but buyers may choose from 3-bedroom/2-bath or 3-bed/3-bath floorplans, as well. The Beach Villas are specially designed for comfortably accommodating more family and friends, and for homeowners who like to entertain in paradise.

Potential home buyers are encouraged to book a Discovery Stay at Orchid Bay, which is an epic 4-day, 3-night vacation which allows those who are interested in purchasing a Beach Villa to view the property and experience the Orchid Bay lifestyle firsthand, as well as take part in the fun and adventurous activities Belize is well-known for. The tour is booked by a Legacy travel agent who handles all arrangements, along with booking roundtrip flights at times which are convenient to each guest's schedule. Pricing per couple is $1,999, inclusive of all food, drinks, excursions, and in-country travel.

Legacy Global Development is currently offering additional incentives for new home buyers, which makes owning a home in paradise highly accessible and practical.

The Rental Program provides Orchid Bay homeowners a 3-year rental guarantee and handles all marketing and logistics, so owners can sit back and relax while generating revenue from their property. Legacy also recently announced the Paradise Retirement Plan, where owners can buy their home years prior to retiring. Then they can offset the cost of ownership through the Rental Program until they decide to move to Belize full-time.

Located in northern Belize, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first world infrastructure, and 10 percent green space set aside.

The community is comprised of Beachfront Condominiums, Casitas, Waterway Villas, Bungalows, and home sites and lots where Orchid Bay home buyers can build their own custom home. On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a grocery store and medical clinic, both of which will are projected to open in the future. Orchid Bay offers many activities and tours for its residents, all with easy access to the best of Belize.

To learn more about the Beach Villas at Orchid Bay, Belize or to book a Discovery Stay, visit https://offers.orchidbaybelize.com/beach-villas - or, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

Legacy Global Development today announced the launch of four Beach Villas at its Orchid Bay, Belize community. The Beach Villas are new standalone homes being constructed on the most desired lots of the development, right on the water's edge, and are the last of Orchid Bay's remaining waterfront lots.

Related link: https://legacyglobaldevelopment.com/

Legacy Global Development Celebrates Surge of Vacation Home Sales at Its Beautiful Orchid Bay, Belize Property

SAN DIEGO, Calif. /ScoopCloud/ -- Legacy Global Development today announced that they are experiencing a significant sales boost at its Orchid Bay, Belize property. Crediting the successful launch of its new Paradise Payment Program and Discovery Stay Tours, the property has over-sold its latest home offering, Bungalows; and has sold four out of six Phase 2 Beachfront Condominiums. All in just the last 6 weeks!

Additionally, two of Orchid Bay's Beach Villas are currently under construction, and it's Discovery Stay Tour, which is an epic 4-day, 3-night vacation to view the property and experience the Orchid Bay community firsthand, is booked through the end of the year.

"Our community has seen a dramatic jolt of momentum in 2019 with more people visiting our property for vacation and a surge of new families buying homes in our development," said Chris Williams, CEO of Legacy Global Development. "We credit our success to the incredible community of people who live here and our team that's dedicated to bringing the vision for Orchid Bay to life. At the start of 2019, we implemented changes based on the feedback from our residents that have had a major impact on our real estate sales, such as creating our new Village Bungalows and offering an attractive payment plan for buyers. We look forward to sharing more success with our community as the year goes on!"

Orchid Bay's newest home offering, Bungalows, were launched in March 2019. Initially, six Bungalows were released for sale, but remarkably, eight have already been sold. These Bungalows make owning a home in Belize attainable to a wider pool of potential buyers, as they're offered at a more affordable price point than Orchid Bay's other homes.

The Bungalows are located in the heart of the Orchid Bay community and are only steps away from the glistening blue waters of the Caribbean Sea. These homes are offered in 1-bedroom/1-bath and 2-bedroom/1-bath open floor plans which efficiently maximize the use of its square footage. Each bungalow has approximately 500 square feet of covered patio for relaxing in the shade while enjoying cooling breezes, modern interior finishes, and access to all of Orchid Bay's on-site amenities.

Tower-C, the third Beachfront Condo building to be constructed at Orchid Bay, Belize, was re-launched this spring, and four of out of the six 2-bedroom/2-bath units have already sold. To meet the growing demands of Belize vacation homeowners and North Americans who are choosing to retire in Belize, the Tower-C Condos will feature updated enhancements which include high-end finishes, exceptional design and layout, an elevator, and a prime beachfront location, while being only steps away from the Caribbean Sea.

Each 1,570-square foot Tower-C Beachfront Condo features a spacious layout with an open concept gourmet kitchen with center island, which overlooks the living room and dining area. Each Condo has two private outdoor terraces, at least one which provides unobstructed views of the shimmering blue Caribbean Sea.

Potential home buyers are encouraged to book a Discovery Stay at Orchid Bay. While there's been a considerable spike in bookings, there's still space available, and all travel arrangements are handled by a Legacy travel agent, including flights. Pricing per couple is $1,999 and inclusive of all food, drinks, excursions, and in-country travel.

Legacy recently launched its optional financing plan called the Paradise Payment Program. Terms include an affordable down payment and monthly payments as low as $999**. This program makes owning a home in Belize highly accessible and practical and has contributed to the influx of sales.

For those buyers who are looking to offset the cost of owning a home at Orchid Bay, Legacy also offers a robust optional Rental Program which manages the entire process of marketing the home, providing first-class hospitality for guests, and ensuring the house is well-maintained while owners are not present. This program comes with a 3-Year Rental Guarantee, which makes buying a home at Orchid Bay a smart real estate investment.

Located in northern Belize, Orchid Bay is a gated, master-planned community situated on a 114-acre site in the Bay of Chetumal. It combines North American comforts with a spectacular Caribbean setting. The development was influenced by innovations in community design that reveal small-town accessibility, connectivity, and convenience - all with respect to the natural environment. The master plan calls for a series of canals and basins for easy navigation around the community, first world infrastructure, and 10 percent green space set aside.

The community is comprised of Beachfront Condominiums, Casitas, Waterway Villas, Bungalows, and home sites and lots where Orchid Bay home buyers can build their own custom home. On-site amenities include the Tradewinds Beach Club and Restaurant, as well as a future grocery store and medical clinic, both of which will be opening in the near future. Orchid Bay offers many activities and tours for its residents, all with easy access to the best of Belize.

To learn more about Orchid Bay, Belize or to book a Discovery Stay, visit https://orchidbaybelize.com/, call (877) 959-9646 or email hello@legacyglobaldevelopment.com.

**Terms and conditions apply and not all applicants will qualify.

Legacy Global Development today announced that they are experiencing a significant sales boost at its Orchid Bay, Belize property. Crediting the successful launch of its new Paradise Payment Program and Discovery Stay Tours, the property has over-sold its latest home offering, Bungalows; and has sold four out of six Phase 2 Beachfront Condominiums. All in just the last 6 weeks!

Related link: https://legacyglobaldevelopment.com/