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Aug 21, 2024 · Belize, compared to most North American or European countries, offers notably affordable real estate. You can find a modest house for as low as $50,000 and a beachfront property for under $300,000. Renting isn’t pricey either, giving you a great opportunity to try living in Belize before fully committing.
- Andy Williamson
Oct 9, 2024 · Overall, Belize has a lower cost of living than you’re likely used to. You can expect to spend around US$1,500 monthly, including accommodation and food. Accommodation prices vary depending on your preferences and where you want to stay. You can expect a cost of US$600 for a two-bedroom apartment in Belize City.
Aug 6, 2024 · Expat life in Belize, like anywhere else, comes with its unique set of pros and cons. The beauty and freedom of the country, the relative affordability of real estate, the ease of simple living, and the ability to work remotely are significant advantages that attract many expats. However, you must recognize the challenges, such as the rising ...
- Cost of Living in Belize
- Climate
- Healthier Lifestyle
- Welcoming Atmosphere
- No Language Barrier
- Favorable Tax Situation
- Relaxed Pace of Life
- Interested in Moving to Belize?
For those looking to stretch their incomes while maintaining a good standard of living, Belize is a great option. Compared to North America or the UK, the overall cost of livingis lower. Most recurring expenses are affordable, although imported goods can be pricier. Local products, including housing, meals, entertainment, and transportation, are mo...
Belize’s climateis a major draw, offering plenty of sunshine year-round. Even during the rainy season, sunshine often follows brief showers. Those used to harsh winters or scorching summers will find Belize’s weather pleasant. November through January is cooler, while May through September is warmer. Minimal air conditioning is needed throughout th...
Belize boasts an abundance of farms providing fresh fruits, vegetables, dairy, and meats. Local shops and farmers’ marketsoffer plenty of fresh food, allowing for healthier eating habits. The climate also encourages walking, biking, and outdoor activities like swimming and snorkeling, promoting a healthy lifestyle.
Belize is known for its friendly and welcoming culture. Both locals and expats are helpful and open to newcomers. The country’s multicultural environment makes it easy to integrate and find a supportive community.
English is the official language in Belize, making it easy for English-speaking expats to communicate. Many Belizeans are also bilingual, speaking Spanish, and you may encounter indigenous Mayan languages and Belizean Kriol. People are happy to help you understand and learn new words.
Belize offers a straightforward tax system with a 25% income tax rate. Expats don’t pay taxes on the first $14,500 of their annual income. Additionally, pensions and investment incomes are not taxed, simplifying financial management.
Belize offers a slower, more relaxed pace of life. While everything gets done, it’s without the rush often found in other countries. Businesses may close after lunch or have shorter operating hours, which can take some adjustment but ultimately leads to a more stress-free lifestyle.
Belize attracts people from around the world. If you’re considering relocating, explore what Belize has to offer and see how it fits into your future plans. Moving to Belize could be the best decision you ever make. Luigi Wewege is the President of Caye International Bank, headquartered on the island of Ambergris Caye, Belize. He is also the publis...
Belize primarily attracts retired expats. However, with good, reliable Internet and better online schooling options, a growing community of younger, working families is starting to emerge. For the entrepreneur, Belize offers a gold rush of opportunities for new businesses– many of which with low start-up capital requirements.
Pros. Most expats enjoy not having to have health insurance and paying as they go for doctor visits which can cost between $25 to $50. In some places doctors even make house calls. Expats tend to find the dental care in Belize to be very satisfactory, and much cheaper than the U.S.
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Jul 20, 2024 · However, what every expat I’ve ever known in Belize says they appreciate most about life in this country is its people. “We find the people in Belize to be wonderful and friendly,” echo Belize expats JD and MaryAnn Longwell. “Belize is one of the top 10 happiest countries in the world. When they say ‘good morning,’ they actually ...
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related to: What attracts expats to Belize?US Expats can now e-file their Taxes for Expats in as quick as 10 minutes! Thanks to our do-it-yourself intuitive tax software, US expat taxes couldn't be easier.
