Common questions

Yes. Belize has no restrictions on foreign ownership of real property. Non-citizens can own land, buildings, and businesses outright. The most common structure for non-residents is an International Business Company (IBC), which holds the property and provides liability protection and estate planning advantages.

An IBC (International Business Company) is a Belize legal entity that owns the property. You purchase shares in the IBC — which is simpler to transfer than direct deed conveyance, provides liability isolation, and simplifies international estate planning. Lina Point's IBC structure is clean with zero debt.

Yes. The seller offers 50% financing on the full resort ($2.1M) at 9% interest, 15-year amortization, with a 3-year balloon payment. Cash buyers receive a 5% discount. Individual cabanas are cash-only.

Realtors who register a buyer and complete a transaction earn a 3% co-broke on the sale price, paid by the seller. Register your buyer at overwater.com/realtors before submitting an inquiry to protect your co-broke.

Not to begin the process — NDA, financials, and initial negotiations happen remotely. A site visit is strongly encouraged before executing a purchase agreement. Belize is a 2-hour direct flight from most US hubs. Rick will arrange a guided property tour.

Lina Point holds all required permits for the overwater cabanas and dock structures. Belize requires environmental compliance review and coastal zone permits for overwater construction — these are already issued and transfer with the property.

Individual cabana owners receive 70% of gross OTA revenue. The resort manages bookings, cleaning, check-in, and maintenance for a 30% management fee. Cabanas currently book on Airbnb, Booking.com, and VRBO.

Belize has no capital gains tax, no inheritance tax, and low property tax (typically under 1% of market value). US buyers remain subject to US tax on worldwide income — consult a tax professional familiar with FBAR, Form 8938, and Schedule E for foreign rental income.