Restriction on gainful employment

(1) A Qualified Retired Person or his dependents shall not– (a) engage in any employment in Belize; (b) carry on any business, trade or profession in Belize; or (c) make any investment in Belize. (2) Notwithstanding sub-section (1), a Qualified Retired Person may– (a) their residential use only; or 8 (b) purchase a home for their residential use only. (3) Nothing in this section shall prohibit a Qualified Retired Person or his dependents from carrying on business from within Belize, if such business relates to activities carried on mainly outside Belize and is conducted exclusively with persons not resident in Belize.