The World’s Most User-friendly Residency Program– Retire In Belize On Less Than $2,000 Per Month

Copied from www.liveandinvestoverseas.com/country-hub/belize/retire-in-belize/.

 As a resident in Belize, you pay tax locally only on the money you earn locally.
Furthermore, Belize is one of the easiest places in the world to become a full-time (legal) foreign resident…at least if you’re older than 45. Show the Belize immigration authorities that you’ve got a guaranteed income of at least $2,000 per month ($24,000 per year) from outside Belize, and you’ll qualify for Qualified Retired Person (QRP) status. They’ll roll out the welcome mat.

And they won’t even require that you’re physically present in the country more than one month per year. A friend refers to it as “virtual residency.” Belize is a beautiful, safe, friendly, affordable little country. In fact, it’s one of my favorite places in the world and my favorite spot in the Caribbean. But if full-time Belize life doesn’t appeal to you, no problem, say the Belizeans. Spend a month a year with us. In return, you can claim full-time Belize residency.

If you’re an American, this offer is particularly appealing. For, if you’re a full-time resident of Belize…you can’t be a full-time U.S. resident. Which means you’re eligible for the U.S. foreign-earned-income exclusion.

Furthermore, the Belize dollar is pegged to the U.S. dollar, so Americans have no currency-exchange risk. Plus, Belize is a stable, peaceful country where they speak English.