Long before individuals approach the age of 65 years, they start preparing for their retirement years; an affordable home, affordable cost of living and everything inexpensive to save more and curb spending for a safe future. An increasing number of retirees and to be retirees from America, Canada and England are relocating to retire in Belize for a relaxed life.
Belize is becoming a hotspot for foreign investors, retirees and businesses as the economy is booming and has huge potential. One of the reasons why retirees choose Belize is due to its warm and comfortable weather throughout the year which is good for the ageing bones. Also, the access to this Central American country is easy; the flight is several minutes less than 2 hours.
The country is rich in natural resources; lush green trees and spotless sandy beaches. The clear blue beaches are breathtaking for everyone, especially a great favorite amongst the retirees. The country has a huge population of retirees; many colonies have majority foreign retirees, mostly from America and Canada.
Beach Frontage Properties
Since the splurge of foreigners in Belize, coming in to settle post retirement, the real estate business has taken a hike too. Home builders and real estate companies have a large number of lots and properties for sale in Belize. These are popular amongst foreigners as they are affordable and inexpensive. Some lots for sale are even as low as $12,500, depending on the area and amenities offered. Beach frontage properties are slightly high priced, but provide a beautiful view of the ocean which can be just what you need as a treat every morning.
These properties are also located strategically; as there are small markets close by for families to buy grocery and local food. The local food mainly consists of beans and rice which is very cheap and available at street kiosks. Living costs then depend on the type of food you consume, local or restaurant food.
Diverse Activities along the Beach
Also, there are great many activities for all ages near the beach. From kayaking, surfing, fly-fishing to visiting the Mayan ruins or just enjoying a day relaxing at the beach, Belize has something to offer for everyone; men, women and children. All of these amazing activities give retirees and their families a great advantage. They are able to relax, have fun, spend less and enjoy more.
Investing in Belize
Investing in Belize and buying property in this country can be advantageous as this is a booming economy, the cost of living is affordable, the people are friendly and as of now, there aren’t too many tax duties and regulations that would stall the process of relocating or doing business.
For retirees, the country has an incentive program too, which exempts retirees from many taxes and import duties. This also is another reason why this country is one of the hottest favorites amongst retirees. With all these amazing benefits and more, Belize has become a haven for retirees who want to relax and enjoy a stress free life with their loved ones.