Belize Investment Residency

Belize Investment Residency There are two types of Residency status in Belize. If you are looking for residency status in Belize you can apply to be a; Permanent Resident or Temporary Resident. Permanent Residency is applied when a person (or persons) wants to make Belize their home and will be staying in Belize for a long period of time. The applicant has plans to reside and live in Belize. Temporary Residency can also be granted to people looking for status in Belize and show they have invested in Belize. A temporary resident can be a person who has made a substantial investment in Belize (often Belize Real Estate) but due to commitments outside Belize cannot meet ordinary Permanent Residence restrictions. Belize Residency Temporary Residency & Investment Residency Temporary Residence status is given for a period of only one (1) year and becomes renewable at the end of that given period. If someone is applying for the investment residency, they need to show every year that the investment has remained in Belize. The “Temporary Investment Residency” allows investors in Belize to obtain residency if they show they have invested over $500,000 BZ ($250,000 US) in Belize. This is most commonly done through real estate. The reason it is called “Temporary” is that you have to show every year that the money has remained in Belize. For persons applying for Temporary Residence in Belize, you are required to Show evidence of investments in Belize valued at not less than five hundred thousand Belize Dollars – BZ$500,000 ($250,000 US) Belize Currency Temporary Residence Requirements Copy of Receipt of Acceptance (Provided by Immigration Department upon submission) Completed Application form Letter stating reasons for applying for Temporary Residence Complete Copy of Passport Police Record (From Belize) Police Record from last country of residence (no longer than 6 months from date of issue) A medical certificate, HIV, VDRL, and TB results Evidence of place of residence in Belize, i.e., rental/lease agreement with a current utility bill showing the applicant’s name and same address OR property title with property tax assessment Evidence of investments in Belize officially valued no less than $500,000bz and where available Real Estate Ownership Business bank statements An official valuation of equipment and buildings to be used in business/investment Company Registration Certificate Articles of Association and/or Summary of Share Capital. Trade license in Belize Belize Social Security Registration Belize General Sales Tax Registration – Belize Business Tax Assessment Income Tax Letter Recent Bank Statement (If Applicable) Statement must show transactions to Belize/banking activity in Belize Marriage Certificate (If Applicable) (3) Passport-size Photographs Social Security Card (If Applicable) Contribution History from Social Security or Declaration stating non-contribution and why. Inclusion of Spouse Complete Copy of Passport Police Record (From Belize) Police Record from the last country of residence (no longer than 6 months from the date of issue) 4. Medical Certificate, HIV, VDRL, and TB results Income Tax Letter Recent Bank Statement (If Applicable) Statement must show transactions to Belize/banking activity in Belize Marriage Certificate Letter of Financial Support (3) Passport-size Photographs Social Security Card (If Applicable) Contribution History from Social Security (if applicable) Inclusion of Children .1 Birth Certificate Copy Complete Copy of Passport Police record (From Belize. (If the minor is 12+years) Police Record from last country of residence (no longer than 6 months from date of issue if child 12+ years) Medical Certificate (All minors), HIV, DRL, and TB results (If the minor is 12+ years) (3) Passport-size Photographs School Letter Letter of Financial Support Notarized Letter of Authorization/Consent from the parent not making the application and Notarized copy of ID If not in Belize. Belize is one of the easiest countries in the region to obtain residency. There are quite a few ways you can apply and get residency and the route will depend on your personal circumstances. When you land in Belize, you are issued a 30-day tourist visa. You can stay in Belize as long as you want as long as you renew the tourist visa. Belize Tourism Visa Information Second home ownership in Belize is very safe and easy experience. If you are interested in Belize Land or Belize propertyand/or buying Belize real estate, or Ambergris Caye Realestate contact us at RE/MAX Belize