How Almost Anyone Can Afford to Retire in Belize

retire in belize

With longer life spans and improved health care, it’s no surprise that many people start planning their retirement years before they stop working. But faced with growing uncertainty about how to fund that retirement, it’s easy to see why more and more Americans are choosing to move abroad.

One of the top destinations for American retirees is Belize. Located just south of Mexico’s Yucatan Peninsula and a short flight from the United States, Belize is a country famous for its balmy weather, gorgeous tropical islands, and lush rainforest interior.

Here are some of the reasons why almost anyone can afford to retire in Belize:


Belize is the only country in the region where English is the official language. Not only does this make it easy to get around and speak to locals, but it will save you a ton of money as well. Whether you’re buying property, negotiating contracts, or reading documents, you’ll never have to hire a translator.

Cost of Living

Not everything is cheaper in Belize than the United States, but generally speaking, the cost of living in Belize is far more affordable. Several prominent publications have estimated that an American with an average monthly income of around $1,000 can live comfortably in Belize.

Here is a list of some things that are far more affordable in Belize:

  • Food – Belize is famous for its fresh-caught seafood and abundance of organic produce, including chocolate, fruits, and coffee.
  • Help around the house – Most retirees find that they can hire domestic help for around $10-20 per day.
  • Buses – Belize has a network of public buses that will get you anywhere in the country for $20 or less.
  • Taxes – Belize imposes no tax on income earned abroad, has no capital gains tax, and property taxes are an average of 1.5% of the undeveloped value of property.
  • Health Care – Belize has a comprehensive network of hospitals, clinics, and pharmacies. For most health care needs, you’ll pay far, far less for the equivalent product or service than in the United States.
  • Real Estate Amazingly, it’s still possible to get beachfront property for a fraction of the price of an equivalent site in the United States.

Orchid Bay is a great place to live and retire in Belize. For more information about Orchid Bay, click here.


Top Places to Stay in Belize

Belize Tour Companies and Travel Agents

Belize Real Estate Opportunities

April 23, 2018

Belize’s Ka’ana Resort offers a unique package to ancient Mayan ruins

BELIZE AND GUATEMALA:  Somehow nature always finds a way. Probing dense jungle in northern Guatemala, researchers have discovered an ancient...
Read More
April 20, 2018

Marriott Hotels to debut in Belize with a 203-key oceanfront property

ECI Development today announced plans to introduce the Marriott Hotels’ namesake brand to Belize with a project designed for customers...
Read More
April 15, 2018

7 beautifully convincing reasons why Belize should be your next destination

Perched on the eastern coast of Central America, with beautiful Caribbean Sea shorelines to the east and dense lush jungle...
Read More
April 14, 2018

Belize Tourism Arrivals Continue to Set Unprecedented Records

Belize City, Wednesday, 11th April 2018: The latest tourism statistics for the first quarter of 2018 indicate that Belize’s popularity...
Read More
April 14, 2018

Want to go to Belize? What? Sure!

This was the actual conversation that started the journey for this green commercial pilot. Read more:
Read More
April 13, 2018

Four Seasons Announces New Island Resort in Belize

This spring, Four Seasons Hotels & Resorts announced plans for the development of Caye Chapel, a private island that’s right...
Read More
April 13, 2018

Why is Belize considered a Caribbean country?

Aside from geography as pointed out by Shaun, the more important reason for why we are considered a part of...
Read More
April 11, 2018

Cayo Espanto, Private Island Resort in Belize Offers One Free Day In Paradise

Celebrating 20 years of providing an unforgettable experience for every guest,  Cayo Espanto, the private island resort that has redefined...
Read More
April 11, 2018

10 unforgettable things to do in the “forgotten” district of Toledo, Belize

There are 5 major Maya sites in the Toledo district and many others that remain unexcavated. Read more:
Read More
1 2 3 15




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

Get E-mail Updates on Belize!

We will send you the latest information on Belize travel, vacation deals, places to stay, things to see and do and much more to your inbox daily. We promise to send you only the good stuff!

Sign up now and receive FREE information on Belize!

We hate SPAM and promise to keep your email address safe.