Belize is proud to be named WSTHA’s Leading Sustainable Destination for 2024, celebrating our commitment to sustainable tourism and environmental preservation!
Conducting Business in Belize
QRP’s shall be entitled to carry on business in Belize with the approval of the BTB, if the person meets the following criteria:
- Detailed Business Plan – A formal written document outlining the gaols of the business, methods for attaining goals and the timeframe for achievement of goals. The business plan MUST include but is not limited to – The Executive Summary/Company Description, Marketing Plan, Financial Plan and Business Plan.
- Proof of Investment Capital of at least one million BZD/$500,000USD – Original or certified copies of international bank statements, investment account statements and official letter[s] from a financial institution confirming the availability of funds MUST be provided.
- Proof of having resided in Belize for a minimum of 90 non-consecutive days
A QRP granted approval to carry on business in Belize shall be eligible for:
- The Business must employ at least 5 Belizean citizens.
- Within 12 months of approval to carry on business in Belize, submit to the BTB proof of employment of at least 5 Belizean Citizens.
- Within 18 months of approval to carry on business in Belize, to submit to the BTB proof of business operation.
- Permanent residency after designation as a QRP for five [5] years
- For the grant of any other license or permit necessary for carrying on business in Belize
- To practice philanthropy in Belize [this is not applicable to a dependent member]
