QRP annual renewal fees

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  • #613187
    PIERRE BERNIER
    Participant

    According to the information that I have gathered, the fees required in order to become a QRP amount to roughly 3,000 US. for me and my spouse. I would like to know about if and any fees attached to the annual renewal of the QRP. All information will be greatly appreciated.

    #613197

    Each year, when you renew, there is a nominal fee of about $50. There is a section on the Belize Insider website that does go into the QRP requirements in detail, so check that page. Once you become a QRP your ongoing fees are negligible. The main thing is that you need to move $24,000 US dollars to Belize each year. You can spend that money how every you want to in Belize, on your cost of living or an investment. In other words, you don’t have to live here fulltime. YOU could spend a month a year, and spend the money transferred on investments instead of your cost of living.

    #613257
    PIERRE BERNIER
    Participant

    Thank you for your help!

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