10 Reasons to Retire in Belize Right Now!

Orchid Bay in Belize

If you’re conflicted about your retirement destination and have been bombarded with advice from friends, relatives and those who have already left home for more exotic ports of call, it’s time to seriously consider Belize over destinations like Mexico and Costa Rica where the bargain bubble has burst and your dollar doesn’t go far any more. Given the economic growth happening in Belize today, you can’t afford to wait if you’ve already reached retirement age. Here’s more incentive: you can take advantage of Belize retirement perks at age 45, where early retirement is more than just a wish.

1. It’s Ex-pat heaven. Retire in Belize to launch the second half of your life minus the job, stress and responsibilities. Americans and Canadians flock to communities like Orchid Bay , typical of real estate developments being grabbed up by retirees who know a terrific deal when they see one.

2. Everyone speaks English; it’s the official language of Belize, so you can chat away in shops, restaurants, municipal offices and everywhere you go in your native tongue. Use an English-speaking realtor and attorney when closing your home sale—oh, and Belize real estate contracts are written in English, too.

3. Real estate prices are projected to skyrocket. Rumors about low cost housing are getting international buzz, raising values slightly of late. But buyers shopping now will still get fabulous prices on condos, houses and apartments and you can get your title insurance from any U.S. carrier you choose. Once you buy, your property rights will equal those of Belize citizens and you’ll also be on the citizenship fast track.

4. You’ll stay on budget. If you’ve watched food, clothing, services and real estate costs escalate in the US and Canada and want to know what it’s like to have some disposable income left over after bills are paid, make Belize your new home. Even Internet and cable services are affordable in Belize!

5. Retirees have the same rights as Belizeans. All it takes is proof that your retirement income is at least $2,000 a month and you’re automatically enrolled in Belize’s Qualified Retirement Program (BQRP) offering perks like bank and tax incentives. Dare we repeat that retirees can be as young as 45 to receive these benefits?

6. Enjoy tax breaks. Belize has enacted some of the most compelling tax laws in the hemisphere. Bring the contents of your home to Belize tax-free so you get settled immediately. Forget the dreaded phrase “capital gains” because that tax doesn’t exist here and how would you like to live in a land with no inheritance taxes?

7. Start a business. If you’re still dreaming of that start-up, you can stop wishing and start doing because in Belize, you’ll avoid legal conflicts, taxes and bureaucratic machinations! Make a million bucks a year and you still won’t be taxed on your foreign-derived income.

8. Establish an intimate network. It can be hard to make new friends when relocating—especially if that move is far from home. But even if you’re shy, you’ll be welcomed as a new neighbor fast and invited to socialize, join clubs and take part in ex-pat activities. If anything, your dance card could get too crowded, too fast!

9. Join the trendy crowd. It’s no coincidence that 78 million U.S. retirees boasting 7 million in retirement funds have already moved to Belize, according to a Washington Post article. Why would so many savvy Americans make the move it wasn’t super advantageous?

10. Stay close to home. Daily flights from U.S. cities are so frequent, ex-pats can be back home in just hours to visit relatives, conduct business or return for celebrations! American, Delta and Southwest recently added new routes to meet demand, but frankly, you might want friends and relatives to come to you so you can convince them to follow in your (bare)footsteps.

Top Places to Stay in Belize

Belize Tour Companies and Travel Agents

Belize Real Estate Opportunities

June 29, 2018

How the Belize Barrier Reef Beat the Endangered List

An oil drilling moratorium, development restrictions and fishing reform has helped the 200-mile-reef come off Unesco’s endangered world heritage sites...
Read More
June 26, 2018

What the New Alaia Belize Will Look Like

The newest addition to Belize’s fast-growing hotel pipeline is on track for 2020, and now we’ve gotten the exclusive first...
Read More
June 26, 2018

Saving the underwater wonder world of Belize’s reef

Just a stone’s throw off the coast of Belize, brightly colored tropical fish mingle with sharks, manta rays and sea...
Read More
June 26, 2018

RCL Exclusive Your Off-the-Grid Guide to Belize

Belize is the tropical vacation version of a perfect meal. Light appetizer, indulgent main course, decadent dessert and booze …...
Read More
June 17, 2018

Latham: Hard work must be the national symbol of Belize

BELIZE CITY, Belize — Belize is tiny for a country — about the land size of Maryland — but it...
Read More
June 17, 2018

7 Ambergris Caye Restaurants Secret Special Request Options

Once you have lived on Ambergris Caye awhile, you get to know which restaurants have off-menu special request options. Read...
Read More
June 12, 2018

Please Belize Me: Ten Reasons to Put Ambergris Caye on Travel List

After a year of procrastination and poor planning, Belize finally made it on my to do list in 2018. Read...
Read More
June 12, 2018

Autograph Collection Hotels Set to Debut in Belize with the Opening of Alaia

Autograph Collection Hotels, in partnership with owner and developer Andrew Ashcroft, today announced the brand will debut in Belize with the...
Read More
June 12, 2018

5 Reasons to Vacation in Belize this Summer

Summer is the busiest season for travel to Europe. That’s where most vacationers are headed during the months of June,...
Read More
1 2 3 19




Leave a Comment


Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password


Please support the site
By clicking any of these buttons you help our site to get better