Belize Taxes for Expats and Investors

Belize offers friendly tax policies for both residents and investors. Understanding the system is crucial to maximize savings and stay compliant.

1. Income Tax Basics

Belize taxes local income at 25%
Foreign income earned outside Belize is typically exempt
QRP retirees pay no tax on foreign pensions or income

2. Property Taxes

Annual property taxes are low, often $50–$200 per year
Coastal and high-value properties may be slightly higher
Stamp duty on property purchase: 8% of the transaction

3. Corporate Taxes

Standard corporate tax: 1.75% to 25% depending on revenue
Some small businesses enjoy exemptions or incentives
Eco-tourism and agriculture businesses may qualify for tax breaks

4. Sales Tax & VAT

General Sales Tax: 12.5% on most goods and services
Some essentials and exports are exempt

5. Tips for Expats & Investors

Keep clear financial records
Work with a local accountant for compliance
Consider tax-efficient structures like Belizean International Business Companies (IBCs)

Conclusion

Belize’s tax system is transparent and favorable for foreign investors and retirees. Proper planning ensures compliance while keeping more of your earnings.

Kiskadees