Retire in Corozal, Belize for $1,500 a Month
Corozal, on the northern edge of Belize, has captured the hearts of the 1,000 or so North American expats who call it home.
One of them is Angi Eurton, 46. “I was in the States for three weeks recently, and I was homesick for Corozal. We just love everything here,” she says, referring to the close-knit community, low cost of living, and Caribbean climate and lifestyle.
Angi’s lived in Corozal for a year-and-a-half with her husband, John, 39. Both are retired from the U.S. Navy—he was an F-14 fighter aviation electrician and air-traffic controller and she was a corpsman.
“It’s extremely cheap to live here. We spend far more than we need to simply because we can. You could easily spend less than $1,500 per month and live very well. Our rent is very inexpensive,” says Angi.
“In the past year-and-a-half, we’ve taken about 15 trips. We’ve been to the islands, Cancún, San Ignacio, and the Cayo District. We’ve been all over, and we can do it because it’s so affordable,” says John.
A relatively small town (about 10,000 people) set on a grid, Corozal is mostly a collection of small shops, restaurants, and simple homes. But this is a bustling burg, with walkways and parks lining the vast, turquoise Corozal Bay. The bay gives it that Caribbean feel. Locals lounge in the shade of the town square, and in the small farmers’ market you’ll find oranges, potatoes, carrots, and succulent mangoes. You can walk away with a week’s worth of fruit and vegetables, plus dry goods and any imported must-haves available at local grocery stores, for under $50.