BELIZE

belize

Passport Ranking - 107th


Belize passport ranking is exceptional for such a small country as it is classified among the moderate passport in the world. It ranks 107th in the Top Passports Index. The ranks that vary from moderate to high in mobility, investment, and quality of life led to that moderate position.
100th
 Mobility Index
  121st
Investment Index
  77th
Quality of Life Index
Mobility Index
score 50  
Belize passport performance in the Mobility Index is good enough to ensure an average overall ranking. It ranks 100th in this factor. Holders of Belize passport enjoy a good level of travel freedom. They can enter 99 countries in the world without a visa, or by obtaining a visa on arrival or electronic travel authorization (eTA)
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Belize

Top Passports Rank: 107

Destinations: 99

58
Visa free
39
Visa on arrival
2
Electronic Travel Authorization (eTA)
99
Visa required
Investment Index
score 40.7  
The ranking of Belize passport in the Investment Index is the lowest among the three factors. It is ranked 121st in this factor. Belize government is actively making efforts to expand its small economy and create a business-friendly environment by allowing foreign ownership of business assets and tax exemptions which succeeded in attracting many foreign companies. But the country’s small size, small population, poor infrastructure, and corruption undermine investment opportunities.
Belize market info:

GDP

GDP
$1.764 billion
GNI per capita
GNI per capita
$6.700
Personal tax rate
Personal tax rate
25%
Quality of Life Index
score 64.3  
Belize’s quality of life outperforms mobility and investment achieving a high ranking in the Quality of Life Index. Belize’s lifestyle is laidback and perfect for people looking for a spot to relax and enjoy the outdoor activities and the Caribbean beautiful beaches.

Belize ranks 77th in the Quality of Life Index, in which these criteria are considered:

Sustainable Development
Medium
Belize ranks 104th in the Sustainable Development Report 2021 with a score of 64.4.
Freedom
Free
Belize scored 87/100 in Global Freedom Status.
Cost of living
High
Belize ranks 52nd on the Cost of Living Index.
Environmental performance
Medium
Belize ranked 101st in the 2020 Environmental Performance Index (EPI) with a score of 41.9
Happiness
High
The World Happiness Report 2022.
Migrant acceptance
Medium
Gallup’s Migrant Acceptance Index.
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About Belize
Belize is a Caribbean country situated on the northeastern coast of Central America. It shares borders with Mexico and Guatemala. Belize is a parliamentary constitutional monarchy headed by King Charles III who is locally represented by the governor-general.
Capital
Belmopan
Language
English
Currency
Belize dollar
Local Time
UTC-06:00
Demographics
Belize is the least populous country in Central America with a population of about 419,199.
English is the official language of the country.
Roman Catholicism is the most dominant religion.
Economy and Industry
Agriculture is the main economic sector followed by tourism.
Belize produces industrial minerals such as crude oil, and petroleum.
Offshore companies enjoy exemption from taxes in Belize as the country is considered a tax haven.
Belize’s crypto exchanges are not regulated yet.
Culture and life
Belizean culture is a blend of the influences of Kriol, Maya, East Indian, Garinagu, Mestizo, and Mennonites cultures.
Education in Belize is compulsory in primary schools for children between the ages of 6 and 14.
Healthcare in Belize is provided through public health facilities free of charge for all.
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FAQ
Belize passport ranks 107th according to the Top Passports Index. It provides visa-free access to 99 countries.
Belize doesn’t offer any citizenship or residency by investment programs. Obtaining citizenship by naturalization based on residency requirements is allowed.
Foreigners can apply for Belize citizenship after 5 years of permanent residency in the country.
You can apply for permanent residency in Belize after staying for 50 consecutive weeks in the country directly before applying.
Public education in Belize is considered relatively good. Belize achieved 84.4% of what should be achieved in education according to The Human Rights Measurement Initiative.
Public education in Belize is free and compulsory for 14 years for all children. It consists of three levels, primary, secondary, and tertiary education.
Healthcare in Belize consists of the public and private sectors. While have free access to public health services, private healthcare is very expensive.
Healthcare in Belize is provided for free or at low costs for citizens and residents under the umbrella of public and private health insurance schemes.
Belize imposes personal income tax at a flat rate of 25% on people earning more than $26,000 annually.
Belize is considered a global offshore tax haven due to the large tax exemptions offered to foreign companies.
Despite being a small country and having poor infrastructure, Belize offers tax exemptions and national treatment for foreign investors which makes it an attractive investment destination.
Belize didn’t adopt any law to regulate cryptocurrency, however, crypto exchanges within the country are not prohibited.
The cost of living in Belize is high. It varies from $1,200 to $1,500 monthly for a single person depending on the area.