A practical foreign exchange and currency guide to Belize
What’s in this Belize currency guide:
The official currency of Belize is the Belize dollar, with symbol BZ$ and currency code BZD.
BZD/USD was | Period |
---|---|
0.4962 07 Feb 2022 | 2 Weeks |
0.4962 23 Nov 2021 | 90 Days |
0.4953 21 Feb 2021 | 1 Year |
0.4976 22 Feb 2017 | 5 Years |
0.5111 24 Feb 2012 | 10 Years |
0.5000 26 Feb 2002 | 20 Years |
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Belize dollar.
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The Belize Dollar (BZD) has been pegged to the US dollar for several decades now. The official rate is 2BZD = 1USD. US dollars are widely accepted throughout the country but don’t take large bills as it could be hard to get change back in USD. If you do have BZD and are travelling to bordering countries, its worth noting that BZD is often accepted in the towns immediately across the borders at Melchor de Mencos in Guatemala and Chetumal in Mexico. Be sure to exchange any excess BZDs prior to leaving the country as it will be difficult to change otherwise.
There are no restrictions on foreigners buying property in Belize.
Property taxes are rarely more than $100 to $200 a year.
Belize offers a liberal retirement programme with a variety of benefits, including tax breaks and special residency status.
The Central American country is seeing increased tourism and therefore development but infrastructure has yet to catch up. Cars are still rare on the island thanks to the barely-paved roads. Most people get around in golf carts.