What are the most challenging aspects of retiring in Belize?
We asked retirees what they find the most challenging about retiring in Belize. They wrote...
"Same as living in your own country. Learning to adjust to living with each other 24/7. They say downsizing is good but as prices of properties are so good we went from owning a 3 bedroom in Scotland, to an 8 bedroom in Belize. It's nice to have that much space, our own space.," mentioned another expat when asked about moving to Belize City, Belize.
"One of the most challenging aspects of retiring in Belize is the high cost of living relative to other Central American countries. Another challenging aspect is the language barrier, as English is the official language, but most Belizeans speak Spanish or an indigenous language. Additionally, the communication infrastructure in Belize is not as well developed as other nations, which can be difficult if one needs to access health care services or other services online. Finally, the lack of security in Belize can be a difficult hurdle for retirees who may not be used to living in a foreign country," commented one expat who made the move to Belize.
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SJB-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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Other Questions:
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- What do I need to know when buying property in Belize?
- Are foreigners allowed to own property in Belize?
- What appliances are typically included in a rental?
What are the most challenging aspects of retiring in Belize?
If you live in Belize, newcomers to Belize would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.