Orchid Bay is directly in the ‘path of progress.’ That is a term that investors use to describe places that are posed for appreciation in value because of an increase in tourism and infrastructural development. To give you an idea, Cancun is just a four-hour drive north of Orchid Bay. It didn’t exist until the government poured billions into it in the 70’s to increase tourism. From there, it developed to what it is today.
The official language of Belize is English. This means you don’t have to learn a new language to buy groceries, do your banking, or travel around the country. More importantly, real estate contracts are written in English.
The Qualified Retirement Program (QRP) was created to provide incentives to persons 45 years of age or older who would like to live in Belize either part-time or permanently. Benefits include tax breaks, and the ability to import personal belongings, including vehicles, light aircrafts, or boats — all duty-free.