If you’ve explored Wrobel & Co.’s website or read this blog, the reasons to retire in Belize that the U.S. News & World Report highlights in a new online article should sound familiar.
Belize is the only English-speaking nation in Latin America. Its natural beauty and accessibility are boundless. The laws are familiar to Westerners and extremely friendly to investment (learn more about offshore opportunities here).
One in particular we’d like to emphasise today: the Qualified Retirement Program (#7 on the list). The Belize Qualified Retirement Program (QRP) has proven to be very attractive to retirees, expatriates and other persons looking to relocate to Belize. The Belize QRP is managed by the Belize Tourism Board and provides for a multitude of incentives for applicants that satisfy the program’s requirements.
The QRP is renowned as the most efficient path to foreign residency anywhere in the Americas and one of the primary reasons Belize is known as one of the best places to retire in the Caribbean and, indeed, one of the best place to retire in the world. Once the application process is completed, the program grants the applicant the equivalent of a green card as well as a wide array of other incentives. The benefits include a permanent exemption from all taxes in Belize (estate taxes, income taxes, capital gains taxes, and most import taxes). And while the Belize QRP visa offers full-time residency, new residents can enjoy all the QRP benefits even by spending as little as a month a year in the country. (Although you’ll probably want to stay much longer than that.)
The requirements to successfully enter the Belize Qualified Retirement Program are remarkably simple when compared to residency programs elsewhere in the world.
If you need a retirement lawyer in Belize, we can walk you through the various steps of the QRP application process and be at your side every step of the way. To learn more, contact us today.
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