By now, you may have heard that Belize is one of the best places to live and retire. Just 2-5 hours’ flying time from major cities across North America, Belize offers retirees the chance to live in paradise without having to break the bank. Add in year-round warm weather and beautiful nature, and it’s easy to see why the AARP has recommended Belize as a top place to retire.
The government of Belize warmly welcomes expat retirees, making it easy to gain residency thanks to its innovative QRP program. For qualifying individuals age 45 or older, the QRP program allows you and your family to set up residency in Belize with only a 30-day per year residency requirement. And best of all, the QRP program allows you to import all of your personal goods, including cars, boats, and light aircraft, completely duty-free.
In 2017, Belize was named as one of the top four countries in the world for retirees by International Living thanks to the warm weather, friendly environment, peaceful and democratic government, and the low cost of living.
As the number of Americans retiring abroad grew an astounding 17% over the past few years, it’s no surprise that more of them are choosing Belize. The least-densely populated country in Central America, Belize is also the only nation where English is the official language, meaning you’ll never struggle to speak with locals or read signs and documents.
Although it is on the mainland, Belize has a strong Caribbean vibe thanks to its hundreds of miles of coastline and beautiful offshore islands. Corozal in northern Belize is rapidly becoming the top choice for expat retirees thanks to its refreshing trade breezes, location on the Caribbean, and close access to low-cost retailers like Walmart and Sam’s Club just a few miles across the border in Mexico.
Despite the recent boom in tourism, the property market in Belize remains surprisingly affordable. Both undeveloped lots and completed properties in Corozal remain much more affordable than other retirement hotspots like Mexico or Costa Rica. And the country’s network of affordable yet professional health clinics and pharmacies are just two more reasons why retirees love enjoying a new lease on life in Belize.