Expat Community > Belize

BobbyG
Joined 2015
Posts: 41

Calculating Import Duties

11 years ago

I'm going to be shipping down some stuff once I'm settled. Not too much though. A really nice audio system, some kitchen stuff, some personal stuff, linens, etc.

I've seen some posts about roughly 45% fee but nothing on how that's calculated. If it's on the value of items, how do they determine the value?

For instance, the audio system was very expensive 14 years ago but not worth much now. Still it is well above most things made these days in performance. How might they value something like this?

I doubt I'll make the QRP so paying is the only option I know of.

Thanks much

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SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More