Hello. My husband and I are considering moving to Belize in the next year or so. I am reading everything I can about the country and moving there. We are too young to qualify for the QRP program and don't have the necessary monthly income (however, we do plan to come with about $200,000 total to live on there for as long as we can).
We are thinking we will do the "tourist card" thing indefinitely and pay the monthly fees to stay in the country. We realize we cannot work for pay under this program, but I am wondering *Can we start our own little business in Belize and make money in our business being there on a Tourist Card?
And, in reading, it seems like driving from the U.S to Belize (through Mexico) can be quite costly... Fees and insurances, pay-offs, etc. in Mexico. And then for bringing our vehicle into Belize (if we intend to keep it there--which we do), I have read that there can be an import duty of up to 80%! Is that correct?? Has anyone had experience with this? We plan to drive and keep an SUV in Belize, perhaps pulling a trailer of some sort with a small amount of personal belongings.
Any insights and guidance that anyone has had in these areas will be greatly appreciated. Thank you.
PS: We will be in Belize for a week starting Oct. 23, 2010.