The Belizean government's expat retiree incentive programme is being scaled down due to its own success. New retirees wanting to settle in Belize from Canada, United States and United Kingdom are advised to apply now to take advantage of the generous current programme before new rules are announced in early 2010.
Belize now has 20,000 new residents thanks to the Qualified Retired Persons (QRP) programme introduced by the Tourist Board of Belize in 1999. The QRP program asked for applicants to be over the age of 45 with a minimum monthly income of US$2,000 in exchange for permanent residency in this frost-free affordable country with a population in 2008 of 310,000.
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