Is this the CHEAPEST tax haven?
Today we talk about Belize. Belize is an independent country next to Mexico.
If we consider the property prices, and the income threshold for establishing residence in Belize, this can probably be considered among the cheapest tax havens.
Moving to Belize is quite simple, and there is also a program for qualified retirees.
You can obtain permanent residency if you are forty five years old, and earn at least two thousand dollars a month.
This condition also applies to couples who earn, considering both, at least two thousand dollars per month.
There are also other ways to move in Belize.
Generally, in some cases it will be necessary to spend at least part of the year in Belize, and demonstrate that you have sufficient financial resources for you and your family, but, as mentioned, with relatively low thresholds compared to other tax havens.
In the next episode on Belize, we will also see for whom this tax haven is useful, and for whom it is not.
QUICK OVERVIEW ON BELIZE
Belize is a country located on the eastern coast of Central America. It is bordered by Mexico to the north, Guatemala to the west and south, and the Caribbean Sea to the east. Belize has a population of approximately 400,000 people and is the only Central American country where English is the official language.
Belize has a tropical climate and is known for its diverse ecosystem, which includes rainforests, mangroves, and coral reefs. The country is home to a variety of plant and animal species, including jaguars, tapirs, and toucans.
Belize has a diverse economy, with tourism, agriculture, and oil production being the major industries. The country is also known for its natural resources, such as timber and fish.
Belize has a rich cultural history, with a mix of indigenous, African, and European influences. The country's Mayan ruins and ancient temples are popular tourist attractions.
Overall, Belize is a unique and beautiful country with a rich history, diverse culture, and vibrant natural environment.
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