The general public is hereby informed that the Stamp Duties (Amendment) (No. 2) Act, 2017 came into force on November 1st, 2017.
The rate of stamp duty on transfer of land to a Belizean (or CARICOM) national whether by sale, exchange, gift, or testamentary disposition remains 5% on the consideration or value of the land in excess of $20,000.00 and in the case of transfer of land to any other person the rate of stamp duty is 8%.
The above rates of stamp duty will apply to other land transactions as specified in the Stamp Duties Act, Chapter 64, Substantive Laws of Belize, Revised Edition 2011, as amended.
For more information kindly contact the Office of the Commissioner of Stamps at email cosfin@mof.gov.bz or phone 828-5026.
Stamp Duty Amendment
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