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Unfortunately, if that is how you think of it then you are missing one of the most important things Belize can offer—the Qualified Retirement Person or QRP Program. This program provides qualified retirees incentives on tax breaks and other perks to make living in Belize the best choice they ever made in their life; and this does not compare to any other places in the Caribbean.
Aside from the breathtaking wonders of Belize and its magnificent surroundings, there is so much more to discover like the amazing properties Belize Real Estate offers. Another reason why this place is the perfect place for retirees is because the place has a lot of affordable houses for everyone and purchasing one of these is easy. You won’t have a hard time buying property here even if you are a foreigner because they have inherited the English way of property processing.
Anyone who’s been approved of the QRP program has the incentive of importing his or her personal effects with approved means of transportation free of all import duties and taxes. A great thing about the retirement program is that you don’t have to be above the age 60 to qualify. The minimum age requirement is only 45 years old. Dependents can also be included as long as they are below 18 years of age or dependents less than 25 years old as long as they are enrolled in a university with the spouse also considered a dependent.
A qualified person is exempted from all taxes, either from work or retirement investments. These things really make Belize one awesome country for expatriates and retirees alike.
There are more incentives given to retirees and checking out houses for them in this country is also one great thing about living here. Houses are affordable and more decent compared to the amount they would pay back in their home countries.
There are a lot of places to choose from. If it’s something decent and modest then one should choose a house in the northern region in the town of Corozal. It is a friendly town where both expatriates and locals live in harmony. The place is simple and is in proximity to Chetumal, a town in Mexico.
However, if its luxury retirement living you want then you can go to Sanctuary Belize. It is a community in the southern region of Belize and in the Stann Creek District. The place is close to wildlife reserves and this is where the second highest peak in the country is located.
Getting a house in a place like this can definitely give a new meaning to paradise. Peace and serenity can easily be achieved in an environment surrounded by healthy flora and fauna.
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