The Palms at

COROZALOwn your slice of the

Caribbean dream in beautiful Belize.

Lots from $12.500

Select number of lake front lots

Below market value investment

The Palms at Corozal was created with investors in mind - prices are discounted up to 50% compared to our competitors, and you are just a stones’ throw away from the

Caribbean Sea.

“”

The Palms at Corozal is a 49-lot development located just a

minute from the beautiful Caribbean Sea, in the quickly growing

Corozal district of Belize. In this community, you will find both

investors who are looking for a great return, as well as life style

buyers looking for a great home – there is room for both.

With land lots from 1/4 Acre in size, The Palms offers you an

opportunity that is often only available to large investment

funds or institutions – to buy and own real estate in a prime

Caribbean location.

THE PALMS AT COROZAL is

located just under a minute from

the Sea, with some of the most

beautiful beaches you will find

anywhere. You are less than 1 mile

from the Sea, yet you are paying a

fraction of the price of a beachfront

land lot. Prices are very competitive

already, and extra incentives are

available to those who choose

to invest early. There is also a

freshwater pond on the property,

and we have a very limited number

of lots on the pond available.

The road from Corozal to Consejo

is very popular with Americans and

other expats, meaning the demand

for lots is high in this area. The

project is located on Serenity Road,

which already has power lines, and

all lots in the project have direct

year-round road access.

As infrastructure is added, land

values tend to go up immediately.

POWERLINES ARE INSTALLED

along the road, so connecting to

the main grid will not be an issue

(would normally cost $5.000 or

more per lot). Another benefit of

our community are the restrictive

covenants in place, to ensure all

new homes conform to a minimum

standard.

Welcome to The Palms at

COROZAL

The Palms at

COROZAL

You are less than 1 mile from the Sea, yet you are paying a

fraction of the price of a beachfront land lot.

“”

HOLDING ON TO YOUR lot at The

Palms won’t cost you the Earth – or

nearly as much as holding on to a

parcel in the U.S. or the UK might

do. You only pay roughly $10 per

year in taxes (compared to several

hundred, even thousands in the

U.S) and there are no HOA fees to

pay every month either. As with any

long-term land investment, there

is no maintenance required, and

your exit is planned around one of

several exit strategies presented to

you elsewhere in this material.

To maximise asset protection,

Belize has an excellent off shore

banking system, and purchasers

can also elect to form a local

corporation.

The Palms at

COROZAL

WHY THE PALMS?

• Located at the center of an area very popular

with expats

• Less than a minute to the Caribbean Sea

• Very limited number of pond front lots

• Below market value by up to 50% - from $12.500

• Ideal long term hold proposition

• No Capital Gains taxes

There is an excellent off-shore banking system and purchasers can also elect to establish a local

corporation.

“”

In many ways, Belize and Corozal are still “hidden gems”

– but that is changing rapidly. Tourism is growing at a fast

pace, retirees are moving here to enjoy the “good life”, and

the demand for real estate is rising. The uniqueness of the

Caribbean and the opportunity for an early stage investment

has created an advantage for investors considering The Palms

at Corozal.

BELIZE IS A COUNTRY located

on the north eastern coast of

Central America. It has a diverse

society, comprising many cultures

and languages. Belize is the only

country in Central America where

English is the official language,

although Creole and Spanish are

also commonly spoken. Belize is

bordered to the north by Mexico,

south and west by Guatemala, and

to the east by the Caribbean Sea.

Even though it may seem like a

different world, Belize is only about

90 minutes south of Miami!

LOWEST POPULATION DENSITY.

Measuring 8.860 square miles –

same as the State of Massachusetts

– but home to only 333.200 people,

Belize has the lowest population

density in Central America.

The country holds a key place in the

globally significant Mesoamerican

Biological corridor, thanks to its

abundance of terrestrial- and

marine species as well as diverse

eco systems. Belize is culturally

unique among its Central American

neighbours; it is the only nation in

the region with a British colonial

heritage. As a part of the Western

Caribbean Zone, however, it also

shares a common heritage with the

Caribbean portions of other Central

American countries.

Belize is a member of the

Caribbean Community (CARICOM),

the Community of Latin American

and Caribbean States (CELAC),

and Sistema de la Integración

Centroamericana (SICA).

Unfamiliar with

BELIZE?

The Palms at

COROZAL

Belize is the only country in Central

America where English is the official language, although Creole and

Spanish are also commonly spoken.

“

”

The Palms at

COROZAL

There is an excellent off-shore banking system and purchasers can also elect to establish a local

corporation.

“”

BRITISH HERITAGE. Belize used

to be known as “British Honduras”

up until 1981. The law is based on

British common law, including the

way real estate transactions are

carried out. Belize allows ownership

through foreign corporations,

trusts, and foreign individuals,

and foreign investors are allowed

to own both vacant land and

finished property. All land in Belize

is freehold, and purchases can

be backed up by purchasing title

insurance.

THE MOST AFFORDABLE

CARRIBEAN MARKET. Belize is

generally considered to be the

most affordable of the Caribbean

markets, though demand has been

increasing significantly, thereby

putting an upward pressure on the

prices. The ability to be able to buy

residential land at a fraction of the

price of most of the islands has not

gone unnoticed.

The option of buying US-issued title

insurance guarantees your free and

clear ownership, and there is no tax

to pay on Capital Gains in Belize –

all that is payable is a 10% stamp

tax (purchase tax) on transactions

above $10.000 USD.

LOW COST – HIGH QUALITY OF

LIFE. Low cost of living coupled

with a high quality of life; this has

seen a huge influx of American-

and Canadian expats, coming

here to enjoy the “Good life”. The

exchange rate of the Belizean dollar

is pegged to the US dollar, making

it more stable than other central

American currencies, and there is

also an excellent off shore banking

system in Belize.

WHY INVEST IN BELIZE?

• All land is Freehold

• Most affordable

Caribbean market

• Tax free environment

• Local currency pegged to USD

• Excellent off-shore

banking system

• Growing economy even

in these times

Belize is generally considered to be the

most affordable of the Caribbean markets

“”

The Palms at

COROZAL

There is an excellent off-shore banking system and purchasers can also elect to establish a local

corporation.

“”

THE COUNTRY HAS AN OPEN,

private-sector led economy

that managed to grow by 2% in

2010, after slightly contracting in

2009, which was the bottom of

the recession. The Government

is encouraging investment from

abroad by offering a variety of

incentives, and are also further

creating employment by making

public sector investments.

The United States is the largest

trading partner of Belize, although

strong ties exist also with Mexico,

the European Union, as well as

South American countries. Efforts

are also being made to further

increase trade with the CARICOM

nations (Caribbean countries) of

which Belize is a long standing

member.

Interest rates remain very high,

at 13–16%, which currently means

that many real estate transactions

are carried out either using

cash, or using Seller Financing.

Traditionally, once interest rates are

under control and bank financing

becomes available, the real estate

market is almost always affected in

a positive way.

WHY COROZAL

• Located right on the

Caribbean Sea

• Large demand from expats and

babyboomers

• Prices are still very reasonable

• Large free trade zone

by Mexican border

• Very low crime rate all

throughout the province

• Growing tourism market

The Government is encouraging investment from abroad by offering a variety of incentives.

“”

Land has always been considered a low-risk investment, as you

do not encounter any of the traditional “risks” associated with

owning real estate; tenants, maintenance, high property taxes,

vandalism etc. Land lots at The Palms at Corozal can be held

by any investor for any period of time, and property taxes are

currently $10 per year. There are no maintenance or HOA fees

associated with the land.

MULTIPLE EXIT STRATEGIES:

Owning residential land offers you

several different ways to “exit” out

to realise your investment – which

gives you greater flexibility than

many other forms of investments.

CAPITAL APPRECIATION: Of all

the millionaires created through

real estate, land has made them

more money than anything else.

This is due to the fact that when

a property increases in value, it is

actually the underlying land that

becomes more valuable – the

property itself actually depreciates

over time

ECONOMIC GROWTH DRIVERS:

Belize isn’t all about laidback

living in the Caribbean – there are

incentives to help trigger further

economic growth in the country,

which makes it a great place to

own real estate - both for lifestyle

buyers as well as investors. The

stable political system has seen

an influx of workers from the

nearby countries, which has further

increased the demand for housing.

Why Invest in

LAND?

The Palms at

COROZAL

Land as an investment class does not expose

you to traditional risks associated with real estate ownership: maintenance, tenancy issues, vandalism, high

property taxes etc

“

”

Our location on Serenity road is just a minute away from the ocean, a local B&B and the town of Corozal

Regardless of whether you choose to buy a lakefront lot, a lot

on Serenity road, or one of our larger lots at the back of the

community, you will be able to use two of the most popular

ways to exit from your land investment. As an owner at The

Palms at Corozal, you are not under any time pressure to build,

or forced to use a specific builder, meaning time will work in

your favour. Construction costs in Belize are also very low –

from about $50-60/sq.ft, where many US and UK builds can

cost almost double that.

YOUR FIRST OPTION would be to

just take a passive buy-and-hold

approach, where you simply rely on

economic growth and the increased

demand for residential real estate

to increase the value of your

lot, and then sell it. This form of

investing is the most common when

it comes to land, as the holding

costs are very low compared to

other investment classes – currently

roughly $10 per year.

THE SECOND OPTION is to build a

home on your lot, and exit out by

selling the finished property. This is

a very lucrative option,

as construction costs in Corozal

are much lower than in the United

States - you could build a 1.250 sq.ft

property for right around $75.000

USD.

The demand for quality new

construction homes is increasing

in Corozal, and over the next

few years it is estimated that the

“expat” population will continue to

grow, and this will mean demand

for newer homes will increase, as

most people who are re-locating

would still like to maintain the same

comfort as they have grown used

to at home.

Get your

RETURNS

The Palms at

COROZAL

Construction costs in Belize are significantly lower than in the U.S. and Internationally.

“”

1 RESERVATION

The Reservation process is

very simple. As the buyer, you

will be asked to select one- or

more lots from the siteplan.

As soon as the availability has been

confirmed, you will be asked to pay

a reservation deposit (normally

10%) and sign a reservation

document. Once this has been

returned to the developer’s

attorney, you are ready to move to

the next stage.

2 CONTRACT

The next step is handled

entirely by the attorneys

in Belize – they will do the

checks to ensure the land

is free and clear with no

encumbrances etc, before

they send you the Purchase

Agreement for signatures.

At this point, they will also provide

you with the details of their escrow

account, where all funds are sent

prior to closing.

You will also be informed if this

transaction requires the payment of

a stamp tax (5% if above $10.000

USD).

3 AFTER SALES

Once the attorneys have

received your funds and the

signed purchase agreement,

they will carry out the

Closing, and transfer the

ownership into the name of

your chosen entity.

You will also be offered the option

of buying title insurance at this

point, to protect your ownership

for all future. The deeds will be

sent to the address nominated

by you once the recording of the

transaction has taken place.

THE PURCHASE

PROCESS

The Palms at

COROZAL

The Legal system in Belize is based on British law, and all contracts are

in English.

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The Palms at

COROZAL

Most visitors come to Belize to enjoy the fantastic Caribbean

beaches, the rainforests, and the barrier reefs.

“”

OUR

LOCATION