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Belize 'up and coming' expatriate destination

More people may move abroad and become an expatriate in Belize because of the country’s property market, according to an expert.

The central American nation – which benefits from a tropical climate and English as its primary language – may not have previously appeared on the radar for property buyers, but one expert believes that it is set for a boom.

Director of the overseas investment portal Property Abroad, Les Calvert, commented that two-bedroom apartments in the country are currently selling for about £200,000, but could be set for further rises.

He said: "While Belize never really became massive news as an emerging market, its emergence – if largely silent – was one of the quickest and most profitable of all overseas markets.

"Belize is a fantastic place to buy a property, whether you are buying a holiday home or an investment property."

The foreign currency exchange rate for the country is £1.00 to 2.8786 Belize dollars.

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