Exciting Updates on the Belize QRP Program – New Long Term Tourist Visa
One of the main questions we get asked on a daily basis here at REMAX Island Real Estate is: “How long can I stay in Belize?” Or, “What are the visa requirements if I purchase a property and want to live there?” With those questions in mind, I’m eager to share some exciting new updates to the Belize QRP program and more that will no doubt have an effect on your future plans, in a positive way! If you are looking for ways to extend your “vacation” in this amazing country, or perhaps seeking a new chapter in your life and making Belize your new home- then these updates to various long term stay programs with be thrilling for you to learn about!
Qualified Retirement Program (Belize QRP) – Changes
One of those updates is the revamping of the Qualified Retirement Program (Belize QRP). Belize’s Qualified Retirement Program has always been a gateway for those seeking a serene and fulfilling retirement, without the strict rules to get regular residency and the benefits of the old QRP on bringing i
n items duty free This year, we’re delighted to announce significant enhancements that make it even more appealing:
Lower Age Threshold: Now welcoming applicants starting at 40 years, broadening the horizon for younger retirees.
Diversified Qualifying Income Sources: A range of income sources now qualify you for the Belize QRP whereas in the past it was not allowed, including:
1. Pensions
2. Annuities
3. Social Security benefits
4. Inheritance funds
5. Income from reverse mortgages
6. Home equity
7. Personal savings
8. Retirement plans
Empowering Entrepreneurs: For those looking to blend retirement with business ventures, Belize now offers great opportunities with a minimum investment of $500,000 USD. This includes submitting a detailed business plan and contributing to the local economy by employing at least five Belizean nationals.
Your New Life in Belize: Simplified Residency Process
Dreaming of waking up to the sound of the Caribbean Sea or exploring lush rainforests?
Making Belize your new home might be easier than you think. Here’s how you can turn this dream into reality:
Embrace Belizean Life: Spend at least 50 weeks in Belize during your first year to experience true Belizean living.
Application Process: After a year of soaking in the Belizean sun, apply for permanent residency with our straightforward process. Essential Documentation: Prepare your application with essential documents like a valid passport and a clean police record. Seamless Processing: Our team will guide you through the fee payment and application processing.
Reap the Benefits: Once approved, enjoy the ease of travel within Belize and immerse yourself in the vibrant culture and community
Long Stay Permit – 6 Months
Tired of having to renew every 30 days at the immigration office? A Long Stay Visitor Permit, is a permit granted to any person who intends to stay in Belize for a period not exceeding 6 months. A Long Stay Permit is valid for 6 months after the date issued. Who Qualify:
Applicants who meet the below requirements can apply:
1. Applicant is a citizen or permanent resident of the European Union, United Kingdom, United States of America or Canada.
2. Applicant is employed outside of Belize and
o has a minimum annual income of USD $75,000 if the person is applying alone or / has a minimum annual income of USD $100,000 if the person is applying with dependents.
3. A person issued a Long Stay Permit shall be entitled to enter and remain in Belize along with their dependents, for a period NOT exceeding six months in any calendar year, as stated in the permit.
4. A person issued a Long Stay Permit or his dependents shall not engage in employment in Belize.
5. A permit issued by the department under this section shall not be extended.
I’m Here to Guide You. Considering such a significant life decision can be daunting, but you’re not alone. With first hand knowledge and experience of immigrating to Belize, I’m here to guide you through every step, from understanding the nuances of the QRP to navigating the residency process. I believe in making such transitions smooth and worry-free!
If you’d like to schedule a call with me, I can offer you more information and answer any questions you might have. We’ll discuss the investment options best suited for you.
Author: Shane Pohlke
