BELIZE: Top 5 Benefits of QRP Program
With a growing expat community, Belize has not only welcomed retirees with open arms, but has created an appealing Qualified Retirement Persons program for them. There is a wealth of information out there on the QRP program. We encourage you to read more about it if you’re at all interested in retiring to Belize. We wanted to simply highlight the top 5 reasons for why we find the QRP program so appealing. Take a look! And if you have an itch to visit the country, contact us. We can create a discovery tour of Belize for you and connect you with professionals and expats along your journey. Both of which can explain the benefits of the program in more detail (as well as many other aspects of the country)!
Top 5 Benefits of the QRP Program in BELIZE
If you are 45 years of age you are eligible for this program unlike the U.S. which is age 65. For an additional fee you can include spouse and children.
Being part of the QRP program allows you to cross Belize borders as you wish. Spend at least one month per year in the country to maintain your QRP resident status.
You can import personal belongings duty-free and tax-free during your first year as a QRP member. These belongings include bikes, cars, boats and even planes.
You are not taxed on international income or on capital gains and can maintain an international bank account in Belize as well as an offshore international business corporation.
Although you must be retired and are unable to work for a company with offices in Belize, you can still work online if your clientele is offshore, outside of Belize.
Written By: Jenna Scarpino, Relocation Specialist for Elite Tours Abroad