It is a great program, but only for a very specific and small portion of the investing population.The biggest issues I have seen with the program have to do with the draws and contingency funds.

Have a lawyer involved in drawing this up. 

One of my master's is Ex-Phys, PT was another consideration...best of luck!

Belize has changed considerably over the past 20 years.

Are there any good books pertaining to tax considerations for real estate investing?

Then the market will adjust where homes in areas that are too risky just can't get insurance so will draw cash only buyers willing to take the risk on their own, and the areas that are statistically safer will become the norm for people needing mortgages, with the benefit of no surprises when/if  something happens as you know your insurance company is required to cover, maybe just a higher deductible.  

I would also make sure you have the lease agreement and the option agreements as separate agreements and that you pay consideration for the option agreement.

You will need to wait at least 6 months before a refinance or equity draw.

Just need to give them some information about the building and a couple drawings depending on how complicated. 

The exchange has gone up considerably since we first started negotiating.