Retirement Residency Program

Qualified Retirement Residency Program (QRP)

The Retirement Residency Program was created especially for those people who wish to live in Belize and can prove a permanent and consistent income from investments abroad, pension or other retirement benefits. Anyone who is forty-five years and older from the United States of America, The United Kingdom of Great Britain and Northern Ireland, Canada, Europe and Germany qualify for the program. Some benefits of retiring in Belize include tax exemptions for all your income generated outside of Belize (whether from work being performed or investments), a peaceful English speaking nation, sub-tropical climate all year round, easy access to land for construction of a retirement home, close proximity to the United States and Mexico, a strong and stable Belize Dollar, an abundance of natural resources and a friendly people.

All applicants must be able to provide an authentic police record from their last place of residence and a medical clearance certificate. They are also expected to certify and sign to an agreement that they are 1) the recipient of a pension or annuity of US$1,000 per month or 2) that the revenues generated by their investments amount to a minimum of US$2,000 per month and that same will be deposited into a local bank account on a monthly basis for a yearly total of US$24,000 per annum. Qualified retirees are able to bring in a car, boat and/or plane (duty free) as well as their household goods (up to US$15,000 worth), tax free, and acquire full permanent residency in Belize.