What do I need to know before retiring in Corozal?
When we asked people what advice they would give someone preparing to move to Corozal, they said...
"I love Belize, I am from London UK, now in America and we have bought some land in Belize and will be building a home and emigrating soon. We did months of research prior to spending 20 days there and fell in love. Best part is that it is only a 20 minute flight to the Cayes. Scuba diving is a must, I will definitely do that again. And Mexico is so near to us (Corozal) it is just a 20 minute drive to get to the big department stores so a win win. I love the way of life there, only thing I would say is never expect the place you emigrate to, to be and have exactly what you already have. People who have emigrated there with no research have moved back out of Belize as they expected Walmart and Starbucks on every corner, and a good old American food. Research, choose a few places then spend a few days at least in both," remarked another expat in Corozal, Belize.
"Before retiring in Corozal, expats should be aware that the cost of living is relatively low, but the infrastructure is not as developed as in other parts of the country. It is important to research the availability of medical care and other services in the area. Additionally, expats should be aware that the local language is Spanish, although English is widely spoken. It is also important to research the local laws and regulations regarding residency and taxation. Finally, expats should be aware that the climate in Corozal is hot and humid, with temperatures ranging from the mid-70s to the mid-90s Fahrenheit," said a member in Corozal, Belize.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
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What do I need to know before retiring in Corozal?
If you live in Corozal, newcomers to Corozal would love to hear your answer to this question.
