Live Q&A – Relocate and retire to Belize
Is Belize a coronavirus-free paradise? Who qualifies for the QRP? And what is expat life like in Belize? Sit back and relax. Managing Partner, Ryan J. Wrobel, will answer your questions in this hour long Facebook Live session
Posted by Wrobel & Co., Attorneys-at-Law on Wednesday, May 27, 2020
Tune for a live Q&A with Managing Partner, Ryan J. Wrobel, Wednesday, May 27 at 11 AM Belize Time / 1 PM ET.
To attend our next live Q&A, sign up to our newsletter. Questions that our guests asked:
- Can you set up an international LLC under act 2011 #13 for foreigners buying real estate or a business in Belize?
- Are they loosening the annuity requirements in Belize as a result of the COVID?
- Can you live off of 1000-1500 USD monthly in Belize and still live in a safe area?
- When do you anticipate the borders in Belize opening back up to travelers from the U.S.?
- Under the QRP, can you bring items in from Chetumal tax-free during the first 12 months, i.e., appliances, furniture, electronics, building materials?
- I know you assist with setting up LLC’s. What is the difference between that and the Chapter 250 business? Is it recommended that citizens outside of Belize have an international LLC, or is there no difference?
- Can you address health care coverage in Belize and for older people who are on medicare in the U.S.?
- Is it possible to relocate and stay six months in Belize and the rest in your home country? How would that affect tax duties?
- As part of that minimum $2000 per month, does social security count for QRP?
- Do you have a recommendation for a shipping company in Belize to work with?
- Can expats build with rent space, if not in the QRP?
- Do you have recommendations for local, engineers, architects, draft persons to build in Belize, Consejo area?
- What about the expenses of owning a vacation home abroad and not relocating or retiring in Belize?
- Is it cheaper in Belize overall compared to Mexico?
- How long does someone have to stay in Belize to qualify for QRP?
- What is the typical rate for a lawyer when supporting the client to purchase property?
- Do you work with Beltraide to identify incentives, tax holidays to set up investment opportunities if the permanent residence route is taken instead of the QRP for your clients? Is there a preferred contact with them?
- Are there concerns about beach erosions on the island?
- What are the annual expenses for a relocation visa in Belize?
- Do you provide permanent residence services?
- Under the QRP, can you own property and rent it out?
- How easy is it to travel to Mexico from Belize?
- When first qualifying for the QRP, how long must you stay in Belize?
