Title and Closing Services - Barefoot Executive Ltd. acts as an independent intermediary in real estate transactions that ensures each party's investment is adequately protected. This protects the buyer, the seller and other third parties such as existing and current lenders.
For the seller, we ensure that the sales proceeds is secured before the release the seller's title.
For the buyer, we ensure that the seller has signed and delivered the deed or relevant title before the release the buyer's monies
For the existing lenders/mortgagees, we ensure that the loan payoff amount has been secured before the relinquishment of the deed of cancellation or release.
For future lenders/mortgagees, we ensure that the seller has signed and delivered the deed or relevant title and that the existing loans have been extinguished before the release the loan proceeds.
Barefoot Executive Ltd. also assists buyers and sellers to prepare independent closing statements/summary for the benefit of the parties.
Escrow Services - Barefoot Executive Ltd. holds earnest money deposits and other payments consistent with the terms and conditions of sales agreements for the benefit of the buyer and seller.
Title Registration Services - Barefoot Executive Ltd. delivers, records/registers deeds, and other title documents on behalf the buyer.
Title Insurance and Guarantee - Barefoot Executive Ltd can arrange for Title Insurance and guarantee policies from reputable insurers limit exposure for title defects, clouds and liens that affect the marketability of title.
Real Estate Taxes Accounting and Escrow Services - Because closings dates hardly ever coincide with the start of the Government of Belize fiscal year, it is not possible to precisely ascertain the relevant real estate tax assessment at the time of closing. Barefoot Executive Ltd. assists the buyers and sellers in making reasonable provisions and allowances for the estimated taxes and holds such provisions and allowances in escrow. When the final tax assessment is ascertained at the start of the Government's fiscal year, Barefoot Executive Ltd. then performs a final accounting of the real estate taxes and disburses the final settlement of the provision and allowance between the parties.
Belize Company Formation - Barefoot Executive Ltd. assists clients in incorporating and registering Belize Chapter 250 Local Company including filing and registration of the Articles and Memorandum of Associations. For shareholders who are not Belizeans, we also assist to secure the necessary permission and authorizations to own and hold shares in a local company. We also act as registered agent and prepare and file required annual company returns and disclosures.
Global Company Formation – Barefoot Executive assists investors in forming corporations, limited liability companies in the US and several offshore jurisdiction including.
• St. Vincent and the Grenadines Limited Liability Company - St. Vincent and the Grenadines Limited Liability Companies can be organized quickly at a reasonable price and it shares a lot features with the typical US LLC
• Nevis Limited Liability Company – Nevis LLC has been a popular choice among US investors because of its similarity to Uniform LLC Act which has been the model from which many States drafted their own LLC Act and in particular the state of Delaware.
• British Virgin Island International Business Company - British Virgin Islands (BVI) is one of the oldest and most respected offshore financial centres in the world. It continues to offer a strong but flexible international company.
• United States Limited Liability Companies - The United States LLC’s have typically focused on taking the advantages of partnerships and corporations and combining these benefits into one.
Overseas Companies - Barefoot Executive Ltd assists foreign corporations, companies and other entities, to secure the necessary permissions and authorizations to operate and do business in Belize . Barefoot Executives Ltd. also serves as local agents for Overseas Companies doing business in Belize and prepares and files their required annual returns and disclosures.
Alien Land Holdings Services Barefoot Executive Ltd assists foreign corporations, companies, other entities and individuals to secure the necessary permissions and authorizations to own and hold land in Belize.
Land Title Searches and Verification - Barefoot Executive Ltd. assists potential buyers and sellers of real estate in validating title and ownership interests in land as well as disclosing any encumbrances, liens or cautions that create a cloud over the title.
Belize Chapter 250 Company Status Verification - Barefoot Executive Ltd. assists potential investors, lenders and existing shareholders of local companies in verifying that companies are in good standing.
Domestic and International Bank Accounts - Barefoot Executive Ltd. assists clients in opening local or offshore bank accounts. This also includes assistance in opening of international and local credit and debit cards accounts for use in Belize and elsewhere.
Retirement Services - Barefoot Executive Ltd. assist clients to apply for and take part in Belize's Qualified Retired Persons Incentive Program. Anyone over 45 years with monthly income of US $2,000.00 or more from investments, pension or other retirement benefits may be eligible to retire in Belize with numerous benefits if they spend at least one month per year in Belize. Among others, the benefits include:
import personal effects free of import duties;
duty and tax exemption of a vehicle (no more than 3 years) for personal use;
duty and tax exemption of a boat for personal use;
Importation of a light aircraft;
tax exemption on all income received from outside Belize.
Pet Relocation Services - We assist clients to secure the necessary permits to be able to bring their cats and dogs to Belize.