Articles Related to Retire to belize

Belizeans are known for their hospitality. Plus, they all speak English, so new friendships are quickly and easily made. Corozal is home to an established and growing expat community, but this group is well integrated with the local Belizean community. Living here, how would you fill your days? Sailing around Sarteneja, horseback riding at Chan Chich, kayaking at Orchid Bay, fishing at Bacalar Chico, or bird watching at Crooked Tree Lodge, and you wouldn't ever lack for company, Belizean or expat, if you wanted it.

While some expat retirees are prepared to be pioneers and carve a homestead out of the jungle or maybe plant a farm, most prefer to settle in a town (the three most appealing for expat retirees are Sarteneja, Corozal, and Orange Walk) or in one of the expat pockets developing in places like 4 Mile Lagoon and Gringo Lane. In recent years, planned communities have developed specifically with the foreign retiree in mind.

Property taxes are miniscule in Belize. This is a plus on one hand, but it means that municipal services are thin on the ground. There just aren't funds to support them, thus the appeal of the organized and private communities that are evolving. These are places where you can enjoy a laid-back, bargain Caribbean lifestyle in Northern Belize while maintaining a North American standard of living.

Retirees settling in this part of Belize are launching all manner of businesses, from restaurants, bars, and B&Bs to construction services and farming. Others are well and truly retired, choosing to spend their days deciding which book to read next or which restaurant to boat over to for lunch.

Corozal (which is both a town and a district) maintains a Friendship List so expats can stay in touch and know what's going on. Every Wednesday, foreign retirees and residents meet at Jam Rock Restaurant for darts. One Thursday per month is the Corozal Women's Forum. Fridays are for Happy Hour and potluck dinners in expats' homes. The third Saturday of each month is Art in the Park, when local artists set up tables to display and sell their work. There's a local chapter of the Rotary Club, a Sailing Club, and Full Moon concerts in front of the Corozal House of Culture.

Despite the growing expat influence and excluding most waterfront property, real estate in this part of the country is still priced for the Belizean market. This is unusual and likely won't continue much longer. The presence of foreign buyers eventually translates to pricing for foreign buyers. This hasn't happened yet, though, meaning a window of opportunity.

As anywhere in the world, waterfront land is the highest priced and much more expensive than inland property. Still, the cost of waterfront in Northern Belize is a bargain compared with prices out on Ambergris and Belize's other cayes and an even greater bargain compared with values elsewhere in the Caribbean.

It's possible to buy a sea-view lot for as little as US$30,000 or a small but turn-key casita in some of the development communities in the region for less than US$200,000. Also recently on the market was a seafront house in Sarteneja built to U.S. standards on 1 acre of land and listed for US$299,000.

Inland you can find larger properties suitable for farming. If this idea interests you and you're willing to dig deep and talk to the locals, you can find land for as little as US$1,000 per acre.

Belize Correspondents Phil Hahn and Jim Hardesty are working on a complete guide to living, retiring, and owning property in Northern Belize to be featured in the December issue of my Overseas Retirement Letter.

Stay tuned.

Kathleen Peddicord

P.S. Phil and Jim will also be joining us for our Live and Invest in Belize events in January 2015. Details are here.

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Here are other reasons we like Belize as much as we do:
  • It's a quick flight away from North America. It takes 2.5 hours to fly to Belize City from Miami or Houston...
  • The climate is subtropical. Temperatures range from 60 to 95 degrees Fahrenheit, depending on the region...
  • Belizeans mind their own business but are also warm and welcoming to travelers and expats. This is a friendly country where it's easy to feel at home...
  • Belize is an easy place to establish yourself. You can show up and settle in. Seriously, it can be that simple. Renew your tourist visa every time it expires for a year, and you're a legal resident...
  • Belize, though, also offers a more formal residency program, called the Qualified Retirement Person (QRP) visa, that comes with tax and other benefits of the kind typical of pensionado visas throughout the region...
  • As the language is English, Belize can be an easy place to do business. Folks here speak English and write contracts in English, too...
  • Belize is an easy place to set up a corporation in the form of this country's tax-free International Business Corporation, or IBC...
  • No restrictions are placed on foreign ownership of property, the property purchase process is straightforward, and there are no squatter's rights...
  • You don't have to worry about exchange risk. The Belize dollar is pegged to the U.S. dollar at a fixed rate of 2:1, and U.S. dollars are interchangeable in the country. If you arrive with U.S. dollars in your pocket, you don't ever have to change money if you don't want to...

My favorite part of Belize has always been its interior Cayo region of rivers, rainforest, and Mayan ruins. However, I do also appreciate the quintessential and affordable Caribbean lifestyle on offer out on Ambergris Caye. This little white sand-fringed island is home to an established and growing expat population in San Pedro Town and has long been my favorite place to kick it in the Caribbean, as they say.

Infrastructure isn't Belize's strong suit; however, this country has figured out a great air system for crisscrossing it. You can get from the Cayo to Ambergris, from Placencia to Corozal, and from Belize City to anywhere with the help of frequent, quick, and affordable in-country flights. I guess they thought they had to do something given the limited options for getting around down on the ground.

I've often shown up at the airport and bought tickets on the spot for flights leaving within the next 20 or 30 minutes for wherever it was I wanted to go. I've even had the experience, more than once, of the airline holding a flight for me when I called to say I was on my way to the airport...almost there...please can you wait? It's not that I'm special. They do it for anyone if they can.

Belize's super-easy approach to traveling around it by flying over it has given me an idea. We've bought a piece of land in Cayo where we're planting trees and gardens and building a farmhouse. What if we coupled that with a little beachfront condo out on Ambergris? We could hop a flight from Cayo to the beach anytime the inclination struck...and rent the place out when we weren't using it ourselves. The rental market in San Pedro is active and expanding, and I like Belize in general as a place to park capital long term.

Lief and I are returning to Belize later this month to scout current options.

Kathleen Peddicord

P.S. Today we open registration for our 2015 Live and Invest in Belize Conference. In fact, our January 2015 conference will be two events—the same program offered back-to-back to allow us to accommodate more interested readers than ever. Our Belize conferences sell out every year.

We've doubled capacity this year; still, we expect the event (that is, both events) to sell out. For sure, by this time next week, all VIP places for both events will have been filled.

If you'd like to join us in Belize to see for yourself all that this unassuming little country has to offer, I urge you to reserve your place in the room now.

Full details of the program we're planning are here.

You can reach our conference team with your questions by phone, toll-free from the States at 1-888-627-8834...or internationally at +1-443-599-1221.

Continue Reading: Driving From The United States To Belize

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Another neighbor has begun construction of his guesthouse on his 5-acre parcel. This will be followed by gardens and then, later, the main house.

Lief and I also plan to build a guesthouse and a farmhouse on our plot at Maya Spring. First, though, we're interested in getting some trees growing. The Maya Spring community barbecue last night was a chance for us to formulate a plan with resident horticulturist Con (the one with the flat tire).

We have 9 acres to work with. About 1.5 acres will be given over to the farmhouse, guesthouse, and kitchen gardens. The remainder of the land we want to treat as a mini-plantation. Our idea is to plant timber intercropped with specialty plants prized by florists. Lief and Con considered different Belizean hardwoods—mahogany, cabbage wood, cedar, rosewood—and Con suggested two varieties of palms whose fronds are in great demand and saleable for relatively large sums even locally in Belize.

"Let's start by planting 100 neem trees along the far perimeter," Lief suggested. "That'll create a wall for privacy and also help control pests."

"No problem," Con replied.

"Can you get 100 neem trees?" I asked.

"No, I don't think so," Con admitted. "People here, they grow a few trees and sell them. You don't find anyone with large stocks of inventory. But I can work with a grower to produce 100 neem trees and everything else you guys want."

"What about the harvests?" I continued. "We want to keep this experiment as simple and low-key as possible. We're working with a small piece of land. We won't be growing enough to make exporting the harvests worthwhile. Would we be able to sell the timber we're thinking of producing in Belize?"

"Definitely," Con said. "The timber and also the palms. I've been working with a hotel out on Ambergris, for example, that wants hundreds of the specialty palm fronds I'm suggesting you plant per month, but they can't source them."

Lief and I know next-to-nothing about farming. But we have an interest, based mostly on a natural curiosity and an affinity for growing things. We're not doom-and-gloomers, but we do also like the idea of learning how to be more self-sufficient. Our 9 acres at Maya Spring Estates is our first focused effort at this. We feel lucky to have connected with Con, the friend of a friend, who shares our passion for planting and backs it up with experience, know-how, and local connections.

"Make it so!" Lief proclaimed to Con with uncharacteristic enthusiasm after we three had agreed a plan. Maybe he'd had one too many One Barrel rums.

The Cayo sky was fully dark by now. Above us a bright moon and a blanket of stars...in the distance, beyond the hills, the lights of nearby San Ignacio.

"Time to head out," I said to Lief and Jack.

"Couldn't I stay here?" Jack asked. "I could sleep in one of these hammocks. Just cover me with bug spray and come back for me in the morning..."

Kathleen Peddicord

P.S. Whether you're after a place by the beach...or in the interior Cayo region (with its Mayan ruins, caves, rivers, waterfalls, and rain forest)...
safe, welcoming, English-speaking Belize offers many appealing options.

Which is why, I guess, our annual Live and Invest in Belize conferences sell out every year.

We are just about ready to open registration for our 2015 Belize event, and because we'd like to be able to accommodate as many interested readers as possible, this time we're trying something new. We're planning not one event, but two, back to back.

We have doubled our capacity. Still, based on experience, we expect these two conferences, taking place January 2015 in Belize City, to sell out.

If you're interested in joining us for these once-a-year Belize occasions, watch this space. We'll be alerting you within the next 24 hours that registration has opened. Again, we've got twice the number of seats available this time, but we'll still have to fill them first-come, first-served!

Continue Reading: Marta N. Of Santa Fe, New Mexico, Wins Free Attendance At Live And Invest Overseas Conference

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In fact, our chef is our new neighbor. He and his partner also have invested at Maya Spring Estates. They've already begun tilling their 3-acre parcel, preparing the earth for planting. James is a Cordon Bleu-trained chef with decades of experience, his partner a world-class baker. The pair has made their way to this spot in Belize to open a boutique restaurant. They'll prepare meals using ingredients grown on the property, one set menu each day.

Last night Chef James' menu was cheeseburgers prepared over an open fire. Delicious.

Another neighbor has begun construction of his guesthouse on his 5-acre parcel. This will be followed by gardens and then, later, the main house.

Lief and I also plan to build a guesthouse and a farmhouse on our plot at Maya Spring. First, though, we're interested in getting some trees growing. The Maya Spring community barbecue last night was a chance for us to formulate a plan with resident horticulturist Con (the one with the flat tire).

We have 9 acres to work with. About 1.5 acres will be given over to the farmhouse, guesthouse, and kitchen gardens. The remainder of the land we want to treat as a mini-plantation. Our idea is to plant timber intercropped with specialty plants prized by florists. Lief and Con considered different Belizean hardwoods—mahogany, cabbage wood, cedar, rosewood—and Con suggested two varieties of palms whose fronds are in great demand and saleable for relatively large sums even locally in Belize.

"Let's start by planting 100 neem trees along the far perimeter," Lief suggested. "That'll create a wall for privacy and also help control pests."

"No problem," Con replied.

"Can you get 100 neem trees?" I asked.

"No, I don't think so," Con admitted. "People here, they grow a few trees and sell them. You don't find anyone with large stocks of inventory. But I can work with a grower to produce 100 neem trees and everything else you guys want."

"What about the harvests?" I continued. "We want to keep this experiment as simple and low-key as possible. We're working with a small piece of land. We won't be growing enough to make exporting the harvests worthwhile. Would we be able to sell the timber we're thinking of producing in Belize?"

"Definitely," Con said. "The timber and also the palms. I've been working with a hotel out on Ambergris, for example, that wants hundreds of the specialty palm fronds I'm suggesting you plant per month, but they can't source them."

Lief and I know next-to-nothing about farming. But we have an interest, based mostly on a natural curiosity and an affinity for growing things. We're not doom-and-gloomers, but we do also like the idea of learning how to be more self-sufficient. Our 9 acres at Maya Spring Estates is our first focused effort at this. We feel lucky to have connected with Con, the friend of a friend, who shares our passion for planting and backs it up with experience, know-how, and local connections.

"Make it so!" Lief proclaimed to Con with uncharacteristic enthusiasm after we three had agreed a plan. Maybe he'd had one too many One Barrel rums.

The Cayo sky was fully dark by now. Above us a bright moon and a blanket of stars...in the distance, beyond the hills, the lights of nearby San Ignacio.

"Time to head out," I said to Lief and Jack.

"Couldn't I stay here?" Jack asked. "I could sleep in one of these hammocks. Just cover me with bug spray and come back for me in the morning..."

Kathleen Peddicord

P.S. Whether you're after a place by the beach...or in the interior Cayo region (with its Mayan ruins, caves, rivers, waterfalls, and rain forest)...
you'll find many options in this safe, welcoming, English-speaking haven. Registration for our Live and Invest in Belize Conference opens soon. To get on the Hot List—for VIP perks and to be notified of the best discounts—go here now.

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Two off-grid projects I know well and like make a good case study. One is in the Yucatan region of Mexico; the other is in the Cayo region of Belize.

The development team behind Los Arboles near Tulum, Mexico, has launched this, their second project just up the road from their first successful off-grid development. Los Arboles is designed similarly to the group’s first undertaking in that the lots are all relatively big, ranging from 1.25 to 9 acres, and all of the land included in the development is jungle and 85% of it will remain jungle. Lot owners essentially are permitted to clear enough to build their houses.

Amenities planned are basic, including a community center with a pool and a picnic area. Nature trails will be cut through the jungle, and an amphitheater is being built for outdoor events. Otherwise, it’s you and nature. In fact, the jungle is so thick in most parts that you won’t see houses from the road. Living here, you likely wouldn’t even know you had neighbors unless you wanted to.

Carmelita Gardens in Belize has been designed with a very different objective. The property in this case was farmland rather than jungle, so there wasn’t much nature to preserve. It’s an open expanse on the banks of the Belize River.

With Carmelita, you definitely will know you have neighbors. You’ll see them all around you. And, indeed, the community has been designed to facilitate interaction among neighbors. There are community gardens and orchards for owners to tend together (if you want...you’re not obliged to work in the gardens). The property even has what is suspected to be a small Maya ruin, and the plan is to invite owners to participate in its excavation under the oversight of the Belizean Archeological Society.

Los Arboles is only 15 to 20 minutes away from the beaches near Tulum, which is the nearest town. Cancun is the access point for international flights, and it’s about two hours to the property from the Cancun airport. Chetumal is about three hours to the south for big shopping trips if you want to avoid the tourists in Cancun. The climate at Los Arboles is tropical, though there’s some relief from the sun thanks to the jungle canopy.

Carmelita is about two hours from the international airport in Belize, but it’s up in the "mountains" of Cayo giving it some elevation and somewhat cooler temperatures, especially at night when you don’t necessarily need air conditioning. To get to the beach, you could catch a flight to Ambergris Caye from one of the two nearby local airports. For shopping, San Ignacio is about 15 minutes away in one direction, Spanish Lookout about 15 minutes away in the other direction. Note, though, that nowhere in Belize does the shopping compare with that in Cancun or Chetumal. Big Box stores don’t exist in Belize. For that kind of shopping, ironically enough, people from Belize drive to Chetumal, which is just over the country’s northern border.

Prices for lots in both projects are low compared with the cost of buying into a full-infrastructure development...because the developer doesn’t have that level of infrastructure cost. When buying into an "off-grid" development anywhere, though, you need to remember that, while the lot cost will be lower compared with a full-infrastructure project, the construction cost for your home will be greater, because it will have to include the costs of systems for solar power and waste management.

At both Los Arboles and Carmelita, the developers are working with the latest in solar technology, contained wastewater systems, and rainwater catchment systems. The construction design styles fit the locations. In Mexico, you find more Spanish-style homes. In Belize, the typical style is more Caribbean or Key West. Both developers are prepared to help with house designs and construction.

Prices at Los Arboles start at US$48,500 for the 1.25-acre lots and go up to US$130,000 for the largest lots. Carmelita lots are smaller (most are less than 1 acre) and start at US$28,000.

As I said, I like both these off-grid communities in the making. Which one might be right for you? Do you want river or jungle...Mexico or Belize...tropical weather or a bit of a cooler climate in the foothills...a large lot where you could live very privately if you chose or a community designed for interaction among neighbors?

You can get in touch here for more information on Los Arboles and here for more information on Carmelita Gardens.

Lief Simon

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Kathleen Peddicord

Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group. With more than 25 years experience covering this beat, Kathleen reports daily on current opportunities for living, retiring, and investing overseas in her free e-letter.

Her book, How To Retire Overseas—Everything You Need To Know To Live Well Abroad For Less, was recently released by Penguin Books.

Read more here.

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