QRP Proof of Income What Did You Do.

Last activity 25 January 2019 by karenjoe

973 Views

3 replies

Post new topic

jaybonesNew member19 November 2018 03:13:53

So my wife and I are right in the middle of filing for the QRP and we are having trouble with the proof of income part. They won't except anything for income for life except a pension, annuity or social security. We have none of those but we have heard there are ways around it but I wanted to hear specifically what you all have done for proof of income for life.

Thanks
Jay

Will The OldSerial expat19 November 2018 04:33:34

418

My guess is the administrators of QRP are really wanting you to have a source of income that is NOT under your direct control like a bank account/401K/stocks/rental income/etc. One could have large amounts in an account they control one day, and zero the next.

They are trying to assure that you don't become dependent on the government. (I sure wish the USA would take that course)

Search for posts in this forum addressing this issue, but be careful as some are old and things have changed.

This document from the Belize Tourism Board dated 2016 has slightly different wording:
http://belizetourismboard.org/wp-conten … 2016-1.pdf

A nice summery but copyright 2010:
https://www.belizefirst.com/QRPUpdate.htm

QRP article from the San Pedro Sun newspaper:
https://www.sanpedrosun.com/travel-and- … p-program/

Non Belize government Service providers
http://www.internationalservicesbelize. … s-program/

QRP Attorney
http://www.lawbelize.bz/retire-in-belize/

Search for more attornies, I do not have any idea how reputable or effective these folks are, but if i were looking to join the QRP program I would seek legal help.

jaybonesNew member22 January 2019 04:53:54

Considering what an attorney would want and the fact that we are one step away from finishing the paperwork we were hoping to find an answer from someone on the forum. I remember reading some where on here of folks dealing with the same problem as ours and they were able to resolve it in different ways. We chose to go with a 401k but they wont except that so we are at a stalemate. Any help would be appreciated.

karenjoeSerial expat25 January 2019 15:04:17

384

I can't answer your question specifically, but I can tell you that in general, legal assistance in Belize is not that expensive. It would be wise to consult on attorney on anything involving the GOB and money. You can PM me and I can give you the name of my attorney in Belize, or you can ask others here for the same recommendation. This is a big commitment on your part, and you want to ensure your money is safe, but available.

Articles to help you in your expat project in Belize

Banking in Belize
Belize was once known to be a real banking haven, a place where banking secrecy was guaranteed. The situation ...
Using phones in Belize
Belize has a national telecommunications company, Belize Telemedia, Limited, and several mobile phone companies ...
Connecting to the internet in Belize
Belize enjoys decent internet coverage. Unfortunately it is slow and expensive. The country has many internet ...
How to drive in Belize
In Belize, you can drive with an international driver's license, and you can often drive with a license from ...
Where's the Beef?
Before visiting Belize to determine if it was a country we could permanently relocate to, we did an awful lot of ...
Sports in Belize
Sport has always been a part of Belizean life. Although the country does not have a lot in terms of professional ...
Childcare and education in Belize
If you are moving to Belize with your family, you likely have questions about child care and education. There are ...
How to handle your mail when you move to Belize
When you’re moving to another country, one of the most challenging tasks you’ll face is how to deal ...