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Belize Customs & Import Duties Belize imposes import duties on a wide range of goods that are imported into the country. The import duty rates can vary depending on the type of goods, their value, and their country of origin. Here are some of the main categories of goods and their corresponding import duty rates in Belize: 1. Food and agricultural products: Import duties on food and agricultural products can vary depending on the type of product. For example, import duties on meat products can range from 10% to 40%, while duties on fruits and vegetables are generally lower, ranging from 0% to 25%. 2. Vehicles: Import duties on vehicles can be high, with rates ranging from 45% to 72% depending on the type of vehicle, its value, and its age. 3. Electronics and appliances: Import duties on electronics and appliances can range from 0% to 40%, depending on the type of product and its value. 4. Clothing and textiles: Import duties on clothing and textiles can range fro

 8 Reasons to Buy Overseas Real Estate Luigi Wewege President, Caye International Bank There was an upturn of 3.2% in the GDP figures in the third quarter of 2022, but the change is unremarkable. Despite indications of growth in some economic activities, most economists suggest the economy will continue to slow for at least the next few months. Financial markets and other investments in the US, including property markets, remain unpredictable, creating a demand for more tangible assets and the diversification provided by overseas real estate. The Bureau of Economic Analysis readings for the third quarter showed a +3.2% change in the US GDP in the third quarter, compared to -0.6% in the second quarter. Despite growth in some economic activities like industrial production, retail sales, and job growth, many economists still fear the possibility of a lurking recession. Investors tend to turn to hard assets at times like these, and since the US property market faces a price slump, they loo