Taxes for expats in Belize

Cheryl · 2025-05-21T07:32:50+02:00

Discover essential tax insights for expats in Belize, including applicable taxes, recent changes, local incentives, and personal experiences.

Cheryl Moderator

Member since 15 October 2018

CherylModerator21 May 2025 05:32:50

13747

Hello everyone,

When settling in and living in Belize, you will also need to navigate the local tax system. In order to help newcomers and expats ease their tax-related experience, we would like to invite you to share your experience.

What are the taxes applicable to expats in Belize?

Have there been any recent changes in tax regulations that expats should know about?

Are there any local tax incentives or agreements with your home country?

Have you come across any unexpected or unusual local tax?

What do you wish you had known earlier about taxes in Belize?

Share your insights and experience.

Thank you for your contribution.

Cheryl
海角乱伦 Team

OffiBelize New member

Member since 18 April 2025

OffiBelizeNew member30 May 2025 14:15:01

Title: What We鈥檝e Learned About Taxes Living in Belize

As a real estate business operating in Belize, we鈥檝e learned that the tax system here is relatively straightforward compared to many countries. Belize does not have capital gains tax, inheritance tax, or local property tax for undeveloped land鈥攎aking it appealing for foreign investors.

For expats and business owners, the most important thing is understanding the difference between personal income earned in Belize vs. abroad, and ensuring you鈥檙e compliant with both local and home country regulations. Working with a local accountant has been essential for us at OFFi to stay on top of requirements and take advantage of available benefits.

Belize rewards simplicity and proactive planning. If you're moving here or launching a business, do your homework鈥攂ut know that with the right structure, it can be a tax-friendly environment to live and build in.

鈥� OFFi Belize