Corozal, Belize – Undiscovered Opportunities Await
Corozal, the northernmost district of Belize, is home to some of the most popular expatriate communities in the country. Thanks to a combination of favorable weather, low costs of living, beautiful natural setting, and close access to low-cost retail giants like Wal-Mart and Home Depot across the border in neighboring Mexico as well as top quality medical services, Corozal is one of the best places to retire in Belize.
The cost of living in Corozal is very affordable, and many people do very well on just $1,500 a month. The American Association of Retired Persons (AARP) recently named Corozal as the second-best place in the world to retire (outside of the United States). The town of Corozal is home to approximately 10,000 people and has several shops, restaurants, and a farmer’s market selling fresh fruits and vegetables. A burgeoning retirement destination, Corozal also has a thriving expat community that regularly organizes parties, card games, and other gatherings.
Home to a plethora of exotic flora and fauna, Corozal is a haven for bird watching, fishing and hiking. Nearby attractions include ancient Maya ruins and protected nature reserves with a wide variety of landscapes including rainforests, jungles, pine forests, pristine rivers, and scenic lowlands. And just a few miles offshore is the majestic Belize Barrier Reef, the second largest coral reef in the world.
Belize currently offers a special residency program called BQRP (Belize Qualified Retired Program). Eligible individuals can important their own vehicles (including boats) and household goods without needing to pay import duties. The BQRP program only requires eligible individuals over age 45 to be in Belize one month a year, ideal for avid travelers and people who want to own a second home in Belize.
Southwest Airlines recently entered the burgeoning United States-Belize airfare market, making flying to and from Belize from the States even more affordable. International flights from Belize City and Cancun in Mexico make getting to and from Belize affordable and easy. American Airlines also recently announced that they will be operating a direct flight from London (UK) to Belize City which is expected to bring more tourists and retirees into the country. As more and more visitors get a chance to experience the natural beauty and laid-back lifestyle in Belize, real estate demand will increase as more people will want to relocate to Belize.
Located in Belize’s Corozal District on the beautiful Chetumal Bay, Orchid Bay is an active community that offers modern conveniences in a Caribbean setting. Enrich your life and live intimately amongst tropical warmth, beauty, and tranquility without compromising North American comforts when you retire at Orchid Bay. As property demand continues to grow in Belize, the architects of Orchid Bay have designed additional real estate options, including home sites, villas, and condominiums.