With a Caribbean climate, an English speaking population, relatively low cost of living and attractive tax exemptions for retirees, Belize is an attractive real estate alternative for people seeking a second home or affordable retirement living. This small and peaceful nation offers many attractive amenities, from beautiful beaches to some of the world’s best sailing and fishing. See the following article from International Living for more on this.
If you want to live for all or part of the year in a delightful Caribbean climate, you have many countries to choose from. Martinique, for instance, is virtually unrivaled for its gorgeous, tropical coasts. But if you prefer an English-speaking country, Martinique isn’t for you—and neither are the Dominican Republican, Haiti, Honduras, nor many other places in the Caribbean. Sure, there are some English-speaking countries in the area, such as Barbados, the Bahamas, and Antigua—but those can be very pricey.
So, if you are looking for all three of these criteria—a Caribbean climate, an English-speaking population, and relatively low prices—the choices are few. But, there is one place that has all of these things—Belize.
Belize also offers another huge advantage. If you are 45 years old or over you can avail of the country’s Qualified Retired Persons Program which exempts many retirees from taxes on income, including investment income generated outside Belize.
Belize is also very affordable. Although not the least expensive country in Central America, the cost of living is still substantially lower than the U.S. Real estate prices are also extremely cheap…particularly by Caribbean standards. All along Belize’s Caribbean coast, property beckons with affordable price tags. It’s easy to find your very own Caribbean dream home…without having to break the bank.
And all this in a country with some of the world’s best sailing, fishing, and diving, not to mention opportunities for visiting Mayan ruins, hiking in the jungle, meeting interesting people, or just relaxing by the beach or on your patio. Moreover, Belize is a beautiful, peaceful nation with a year-round tropical climate and easy access to the U.S., Mexico, other Central American countries, and Caribbean islands.
Despite the advantages of Belize, few people outside of Central America or the Caribbean area know much about the country. It’s small—just slightly more than 300,000 residents—and rarely does anything occur in Belize that makes headlines around the world.
But Belize’s low profile can work to your advantage: If the country once known as British Honduras were more in the public eye, property prices would almost certainly be higher, as would the cost of living.
Whether you’re looking for a second home, a place to retire, or simply want to check out a new country that’s filled to the brim with exciting travel opportunities, I recommend you visit Belize as soon as possible.
This article has been republished from International Living.