The Reserve Belize

The Reserve Belize

Saturday, December 2, 2017

Economic Benefits of Retiring in Belize


Located near Belize’s Sittee River, The Reserve Belize spans 14,000 acres of wilderness. Eco-Futures developed The Reserve Belize to serve residents seeking an outdoor lifestyle coupled with natural beauty and ecological diversity. For Americans considering retiring abroad, living in Belize provides a number of economic benefits.

Living in Belize costs less than do many other popular tropical destinations, such as the Bahamas or Bermuda. The climate is hospitable, with temperatures rarely dropping below 70 degrees, so residents need not worry about snow removal or heating expenses. 

In addition, for retirees living in Belize, the Qualified Retirement Persons program offers a number of tax benefits. For example, individuals can bring a boat, vehicle, or plane to Belize tax-free, and no tax payments are required for foreign-earned income if one month of the year is spent in Belize. Personal tax in the country is minimal, and there is no inheritance or capital gains tax.