To attract foreign investment Belize has created a program to reduce taxes and simplify residency for North Americans who wish to live part-time or full-time in Belize. The program is called the Qualified Retired Persons (QRP) program. You donly need to be 45 to take advantage of the incentives and are only required to live in Belize for a total of 30 days each the year which could even be split across multiple visits. Qualified retirees are eligible for benefits including expedited residency status and various tax exemptions.
For details on the program are available at www.belizeretirement.org. The site is hosted by the Belize Tourism Board, which administers the QRP program.
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