Minimum income
$2,000/mo
per month
Stay
12
months, renewable
Application fee
$150
Tax
0.0%
QRP Tax Exemption — zero tax on foreign income
Path to staying
- Residence permit12 months
- Renew12 months at a time
- Citizenshipafter 5 years
- Permanent residency
- Citizenship 5 years
- Dual citizenship allowed
Overview
- Country
- Belize
- Program
- Qualified Retired Persons Program
- Local name
- QRP
- Type
- Retirement
- Status
- Active
- Initial duration
- 12 months
- Renewable
- Yes (12 mo)
- Min stay
- 30 days per 12 months
Retirement program for ages 40+ with $2,000/month foreign income. Offers zero local income tax on foreign earnings, duty exemptions on personal belongings and a vehicle.
Financial requirements
- Income requirement
- $2,000/mo
- Pension requirement
- $2,000/mo
- Application fee
- $150
Eligibility
- Minimum age 40+
- Criminal record check required
- Health check required
- Health insurance not required
Work rights
- Employment not allowed
- Self-employment not allowed
- Own a business allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 18
- Parents allowed
- No
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare no access
Tax
- Tax regime
- Exempt
- Tax rate
- 0.0%
- Regime name
- QRP Tax Exemption — zero tax on foreign income
- Foreign income taxed
- No
- Capital gains taxed
- No
How to apply
- Method
- in person
- Processing time
- 30–90 days
- Apply from abroad
- Yes
Notes
Minimum age reduced from 45 to 40. Accepts wider range of income sources including savings and reverse mortgages. Benefits: zero Belize tax on foreign-sourced income, capital gains, and inheritance; duty exemptions on personal belongings and one vehicle. Cannot work for a Belizean employer. Managed by the Belize Tourism Board. Annual renewal fee of $200. English is the official language.
Also in Belize
Belize also offers a digital nomad visa for remote workers