The Belize Visa system allows U.S. citizens to enter Belize without a visa and remain in the country as a tourist for a maximum of 30 days per trip. If you wish to stay for longer than 30 days, you need to seek permission to remain in the country. Proof of an onward travel ticket and sufficient funds to cover the cost of your stay may be requested upon arrival.
Residency In Belize For Qualified Retired Persons
Belize’s Qualified Retired Persons (QRP) residency program isn’t, strictly speaking, for retirees only. The only requirements to qualify for Belize’s QRP program are that you or your spouse be 45 years of age or older, that you consider yourself to be retired, and that you show that you have a minimum monthly income to support yourself in Belize. Program incentives include a permanent exemption from any Belizean taxes, including income tax, capital gains tax, estate tax, and import tax on household goods, automobiles, boats, and even airplanes.
There is no restriction on the value of the household goods you can bring into Belize, however it must seem feasible that the size of your home reflects the amount of household goods you wish to bring. For example, if you are moving into a 1 bedroom cottage you won’t be allowed to bring 4 bedroom sets and 6 T.V’s. If you have a mansion, that is not a problem.
The only requirements are that you or your spouse be 45 years of age or older, that you consider yourself to be retired, and that you show that you have at least US$2,000 a month in income to support yourself in Belize (from a pension or some other regular income).
Working With The QRP Visa:
In practical terms, the “consider yourself to be retired” requirement means that, as a QRP, you can’t apply for a work visa. This is not to say that you couldn’t do international, Internet, or even local Belize business as an entrepreneur. You just can’t take on traditional “employee” work.
Under these circumstances, the benefits of the QRP program could be significant, especially if you have active business income from outside the States. In this case, as a non-resident American, your first US$104,100 (or US$208,200 as a couple) in foreign-earned income would be exempt from U.S. tax. And, again, as a QRP, you’re also exempt from Belizean tax.
Residency in Belize can lead to a second passport and dual citizenship in this country.