A couple of years ago, “Forbes” magazine got wind of a trend that has been getting stronger by the day: Baby boomers are retiring in droves. But that’s only part of the story. The 2008 crash is still impacting many people reaching retirement age and Social Security payments may not hold up into the future.
What’s a smart cookie to do? Move to a nation that not only welcomes retirees but piles on so many relocation benefits when people move here, prospective buyers may become skeptical about the perks. They seem too good.
In fact, they aren’t just good. They’re spectacular. From luxe communities developed with infrastructures that rival American subdivisions to a retirement program that gives retirees a financial edge, no other Caribbean nation can match these benefits.
10 ways retirees live the good life on the cheap
1. The Qualified Retirement Program (QRP) is available to anyone over the age of 45.
2. Get QRP benefits spending one month a year Belize and you’re considered a full-time resident.
3. Enjoy permanent tax exemptions (capital gains, estate and income).
4. Bring everything you need to live the good life (cars, boats, planes) without being slammed by import taxes.
5. Deposit just $2,000 monthly into a Belize bank account to take care of your expenses and you’re gold.
6. If retirement isn’t your cup of tea, start a business. Taxes won’t be deducted from the salary you pay yourself.
7. English is Belize’s first language, so you’ll feel right at home from day one.
8. The increase in airline routes gets expats home in just hours.
9. The cost of living in Belize is almost 30-percent lower than in the U.S.
10. Donate your winter clothing and snowblower to charity and get super write-offs before you relocate.
Engel & Völkers Real Estate Firm
You’re already planning a big life change if you’re considering becoming an ex-pat in Belize, so you may be skittish about putting down roots. Don’t be. You can’t be steered in the wrong direction if you contact the Engel & Völkers real estate firm.
Engel & Völkers has been a worldwide resource since 1977 with 10,000 professional representatives around the globe. Whether your vision of effortless retirement includes a beachfront house, city dwelling, condominium or gated community, you can be sure Engel & Völkers will point you in the right direction.Because Engel & Völkers will handle the sale from start to finish, you don’t have to go elsewhere for guidance, but you might want to treat staffers with whom you communicate to a box of candy once you move here! They work hard to show folks in need of sensible retirement options what it’s like to live in paradise.
