Qualified Retired Persons Incentive Program: A Benefit of Retiring in Belize

Aerial view of Orchid Bay, an established community that offers villas, condominiums & land.

Retiring in Belize

Savvy retirees are increasingly relocating to the sunny shores of Belize, the unique country in Central America where English is the official language. Now that the nation offers special advantages for pensioners and retirees, seniors from the United States, Canada and Europe are choosing to move to Belize.

Retired Persons Incentive Program

The Retired Persons Incentive Program (RPI) is open to anyone 45 years old and older providing that they meet certain minimum requirements. The RPI currently requires that all candidates prove that they receive a monthly income of US $2,000 or more through a pension or annuity.

Belize welcomes RPI qualifying participants, recognizing the value and cultural benefit that people from around the world bring to the table. As natives and expats relax in a laid-back melange of English-speaking cultures, RPI qualifying participants are able to make the most of the experience by enjoying untrammeled access to their income.

RPI Benefits

The first immediate benefit for qualified RPI participants is that Belize will waive any and all customs duties on taxes when you import your personal effects. The RPI also allows participants a generous transportation allowance, meaning retirees can also bring over their car, boat or light plane without having to pay any import duties or taxes.

Although RPI qualified participants do not enjoy full citizenship rights in Belize, they are rewarded by a full exemption from all taxes and duties on all income and revenue generated outside of Belize. These generous tax provisions allow RPI qualified participants to enjoy the full fruits of their hard-earned income while soaking in the tropical sun on a peaceful beach.

Belize restricts the import of light aircraft to a maximum of 17,000 kilograms. Any qualifying RPI participant will be required to obtain a valid Private Pilot license to fly in Belize. The license can be obtained either by the Civil Aviation Department in Belize certifying a valid pilot’s license from a foreign state or by successfully passing the requirements set forth by the Civil Aviation Department.

Why Wait?

If you’re considering retiring in Belize, it’s important to choose the right property. Orchid Bay is a well-established community of retirees and expats, and is home a wide variety of villas and condominiums with excellent land nearby for sale. Do not hesitate to contact them with any comments or queries.

Orchid Bay is happy to answer any questions concerning travel to Belize and current regulations.

Top Places to Stay in Belize

Belize Tour Companies and Travel Agents

Belize Real Estate Opportunities

March 22, 2018

Four Seasons plans luxury resort in Belize

Four Seasons Hotels and Resorts has unveiled plans for the development of Caye Chapel, a private island in Belize featuring...
Read More
March 22, 2018

Belize returns to the Miss Universe Pageant in 2018 under a new organization

When asked about his role in finding the next Miss Universe Belize Mr. Escobar stated, “I am extremely excited to...
Read More
March 21, 2018

Planning a trip to the Caribbean? Check out Belize, it’s a paradise of luxury travellers

Belize has everything: great beaches, an abundance of watersports activities, crowd-pleasing land excursions, and rich cultural and culinary traditions. Read more:...
Read More
March 21, 2018

Belize Is Not Just for Backpackers Any More

The hiker’s haven is getting a serious injection of luxury—and yes, there will be overwater bungalows. Read more: https://www.bloomberg.com/news/articles/2018-03-19/belize-is-the-best-central-american-vacation-spot-right-now?utm_source=google&utm_medium=bd&cmpId=google
Read More
March 18, 2018

Taming the lionfish: celebrating the contribution of our volunteers in Belize

At the European Coral Reef Symposium in Oxford in December 2017, we shared positive lessons learnt on the benefits that...
Read More
March 17, 2018

Real Estate Trend Report: 3 Beaches Overseas Poised to Boom in 2018—Internationalliving.com

A new report from InternationalLiving.com pinpoints three beaches south of the U.S. that are poised to boom in 2018. Read...
Read More
March 15, 2018

Why Cave Divers Say Belize’s Underwater Paradise Is Worth the Risk

Safety is key for scuba divers—and cave diving is scuba without an easy escape route. What, then, is driving so many people...
Read More
March 12, 2018

Belize Is Expanding Its Marine Protected Areas in a Big Way

The government of Belize will expand its network of no-take zones, a type of marine protected area, from three percent...
Read More
March 10, 2018

Marriott Expanding to Belize

Marriott is adding Belize to its Caribbean portfolio. Marriott’s Autograph Collection is partnering with developer Andrew Ashcroft on a new...
Read More
1 2 3 13




  • Travel Guide | Travelguide Reply

    April 19, 2015 at 5:06 pm

    […] Qualified Retired Persons Incentive Program: A Benefit of … https://www.belizehub.com/Savvy retirees are increasingly relocating to the sunny shores of Belize, the unique country in Central America where English is the national language. […]

  • Run Away to Belize Where English is Spoken and Tax-free Living Can Change Your Life! Reply

    October 8, 2015 at 11:01 am

    […] advantage of the Qualified Retirement Program, a resident-retiree initiative that may be the biggest reason of all to move to Belize. Who says […]

  • Ex-pats Admit to Love Affairs—with Belize! Reply

    December 29, 2015 at 2:25 pm

    […] often discover that starting a business isn’t just a good idea but a great one. Under the Qualified Retired Person’s Program, many launch enterprises and structure them so they don’t have to play taxes on […]

Leave a Comment


Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password


Please support the site
By clicking any of these buttons you help our site to get better