On November 1, 2017, the Stamp Duties (Amendment) (No. 2) Act, 2017 came into effect. 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.