Belize: Little Country, Big Wonders
For a small country, Belize makes a huge impression. Long renowned for offshore waters that are a crystal clear wonderland of marine life and island splendor, Belize is now appreciated for life on land as well. People are discovering that the oceanic delights that are hallmarks of this pristine Central American democracy-anchored by the largest reef in the Western Hemisphere, a 186-mile-stretch of unspoiled underwater treasure-are mirrored onshore.
Belize is an English-speaking country with a British heritage, a peaceful history, and fascinating Mayan archeological sites.
The unrivalled diving and crystalline waters have drawn international acclaim for decades, but they merely scratched the surface of what Belize offers.
Placencia: A Cultural and Colorful Escape
Founded by English buccaneers in the 1600’s, the village of Placencia is located at the end of a 23-mile road that defines the Placencia Peninsula. The Peninsula is actually comprised of three distinct villages, the communities of Maya Beach, Seine Bight and Placencia. World renowned for its mile-long stretch of concrete sidewalk referred to byThe Guinness Book of Records as “the narrowest main street in the world,” the village lies just west of the Barrier reef. With countless dive shops, tour companies, gift shops, bars and restaurants, there is a little something for everyone in Placencia.
Placencia is easily accessible by road and air from Belize City.
Opportunities to Invest in Belize
The government of Belize provides an enabling environment for private enterprise. A series of legislation was enacted to allow for a range of incentives for those looking to invest in Belize. The conditions to qualify for the different incentives vary, as do the investment incentives themselves. For example, a tax holiday, import duty exemption, or a combination of both can be implemented. Benefits, however, are dependent upon the type of incentive awarded to the potential investor. The government supports joint venture and partnership investments as a preferred mechanism, however it also allows 100 percent foreign ownership of an enterprise.
Should you be interested in learning more about investment opportunities, please ask your Peninsula Club sales agent. We have several key contacts within the country that may help you.
Retirement without Retiring
Belize’s low cost of living is enough to make it one of the world’s great retirement havens, but it also offers incentives to expatriates who want to retire in Belize.
Called the Retirement Persons Program, the plan is just one of the ways that Belize lets you keep more of your assets. The best part is that you don’t actually have to be retired or even of retirement age. You must be age 45 or older, have a monthly income of at least $2,000, and comply with several minor requirements. To make this program even more enticing, you must live in Belize for only one month a year!
Should you be interested in learning more about retiring in Belize, please ask your Peninsula Club sales agent. We have key contacts within the country that may help you.
IBC: Asset Protection and Tax Minimization
International Business Companies (IBC’s) incorporated in Belize are often used by high net worth individuals to lease and own property, estate planning, tax optimization and also in conjunction with trust and by international companies in cross border transactions. An IBC is a tax-free and exchange control-free Limited Liability Company, incorporated under the laws of Belize.
For information on IBC’s in Belize, please click here.
Want to Learn More About Belize?
- placencia.com – This site has a LOT of excellent information on Placencia, Belize including Belize weather and things to do in Belize.
- belizeretirementguide.com – Considering Belize as your retirement destination? This link is for you!
- travelbelize.org – Whether you are travelling to Belize for business or coming here for pleasure, this website is an indispensable resource.
Did you know?
It is a 3 hour drive from the airport in Belize City to Placencia, Belize via the Hummingbird Highway. The roads are now paved all the way into Placencia Village. Alternatively, you can take a 3 minute drive to the Placencia Airport and a 25 minute flight to Belize City. It all depends how much time you have, and how much of an adventure that you are up for!
- The shoreline water temperature in Belize averages between 79 and 83 degrees F?
- English is the official languange of Belize? (Belize is the only country in Central America with this distinction!)
- The political head of Belize is also a Prime Minister?
- Almost a million tourists visit Belize annually?
- 70% of those tourists are Americans?
- Belize is one of the least populated countries in the world?
- Belize’s currency is Belizian Dollars?
- In San Pedro, Belize, there is a hyperbaric chamber for scuba divers?
- There are an estimated 900 Mayan ruins scattered throughout Belize?
- Mostly contained within the Barrier Reef, Belize boasts about 200 cayes (islands)?
- Belize’s 185 mile (298 km) long Barrier Reef is home to over 400 species of fish?
- There are over 500 species of birds able to be seen throughout the year in Belize?
- One of the top 10 loudest animals in the world are Belize’s Black Howler Monkeys?