WHY ISN’T THE QUALIFIED RETIRED PERSONS PROGRAM ACHIEVING ITS FULL POTENTIAL? By LAN SLUDER With millions of U.S., Canadian and European Baby Boomers now reaching their late 50s and looking for a frost-free, retiree-friendly and affordable. Estevan Perera - Belize Attorneys / Lawyers specializing in Belize law, real estate law, intellectual property, offshore and commercial law. RETIRE IN BELIZE - QUALIFIED RETIREMENT PROGRAM IN BELIZE (QRP) Belize offers a very. Anyone 45 years and older from the U.S.A., Canada, United Kingdom, Europe, Commonwealth countries, Belize and any other country. Qualified persons can include their spouse, dependendants 18 years of age and younger, college students. BELIZE RETIRED PERSONS INCENTIVE PROGRAM Incentives and Benefits Qualified Retired Persons can import personal effects free of import duties; Qualified Retired persons are strongly encouraged to purchase a vehicle in Belize. The vehicle must not be. The vehicle must not be more than three years old. This requirement is the same for imported vehicles. Qualified Retired Persons can import a boat free of import duties to be used for personal use; Qualified Retired Persons are exempted from payment of all taxes on income received from outside the jurisdiction of Belize. Note. All importation must be done within a year after the date of approval into the program. A list of items being imported must. However, voluntary work and business investments are encouraged by the Department; Qualified Retired Persons will be asked to submit a yearly bank statement showing compliance with the financial requirements of the program; You will be required to renew your retiree status every year; You will require a Customs Broker to process you importation of personal effects, vehicle or boat at your expense. We work closely with Ernesto Perera. Click here to visit his website. You must spend an equivalent of 1 month in Belize annually to maintain your retiree status. Anyone over the age of 4. Must have an income of over $2,0. USD monthly. Anyone who qualifies may include his or her dependents in the progrm. Dependents include spouses and children under the age of 1. Belizeans over the age of 4. Belize may also qualifyl. Documents Required Application Form (Request Form)Notarized Birth Certificate for each family member. Notarized Marriage Certificate. Original Police Record from last place of residence (issued one month prior to application). Color Copy of entire Passport (including all blank pages). This is required for each family member. Each page must be certified and stamped by a notary public. Proof of Income. An official statement from a Bank or any other Financial Institution from the country of residence will be. US $2,0. 00. 0. 0 through a pension or annuity that. Belize. Once approved, all retirees are requested to open a local bank account and deposit their. The Belize Tourism Board will request bank statements on a yearly basis to show proof of income and. Medical Examination plus AIDS test for each member of the family. Four front (profile) and four side passport photographs of each member of the family. General Information about Belize Retirement Program. Anyone forty- five years and older may qualify for the program. A person who qualifies can also include his or her dependents in the program. Dependents. include spouses and children under the age of eighteen. However, it can include a person up to the age of twenty- three if enrolled in a college or. This letter must be signed by the manager, president, or by a legal representative of the company. Get Permanent Retirement Residency in Belize for $2,850 US Guaranteed! All fees, taxes and local transport included. About the Program The Retirement Program in Belize was created. Certification by a Certified Public Accountant independent of the company. Stating the date the company was established. Verifying the authenticity of the above mentioned letter. Certifying that the obligation signed in favor of the beneficiary is not less than US $2. Numerous entries are permitted within the one year period; however, your detailed master list. Belize Tourism Board upon approval into the Program. After the year has elapsed, you will be. Customs Department. However, we will facilitate duty and tax exemption on an imported. A Qualified Retired Person is required to have a valid Private. Pilot license to fly in Belize. This license can be obtained by passing the requirements set by the Civil Aviation. However, if the participant has a. Civil Aviation Department in Belize. Failure to. do so may result in the revocation of applicant's status. Qualified Retired Persons must adhere to all existing laws of Belize, in addition to the Retired Persons (Incentives) (Amendment) Act, 2. All benefits provided by this program will be exclusively used by the Qualified Retired Persons and his or her dependents. The Belize Tourism Board has the authority to carry out any investigation with respect to the validity of any document provided by the applicant. Participants within this program must inform the Belize Tourism Board prior to leaving the country indefinitely so that the assets purchased under. All documents presented to the Belize Tourism Board become the property of the Board. The applicant must not have any criminal matters with the law at the time of application. Applicants must present a listing with all the necessary information with regards to his or her dependents. If the applicant has a dependent over. Qualified Retired Persons must submit a yearly bank statement showing compliance with the financial requirements of the program. Qualified Retired Persons must spend an equivalent of one month in Belize annually to maintain their status as a Retiree Resident. Acceptance of. these terms and conditions must be endorsed with the signature of the applicant in the presence of a witness.
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