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Home Countries Belize

The Cost Of Living In Belize Is Cheaper Than You Think

Retire To Belize On $853 A Month

Kathleen Peddicord by Kathleen Peddicord
Oct 18, 2021
in Belize, Retirement/Living
0
A bright yellow house in Carmelita Gardens in Belize

Facebook/CarmelitaGardensBelize

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Can you afford to live in Belize?

The simple answer, I’d bet, is yes.

But the better answer is that it depends…

It depends on what you’re looking for in a home, what you want to do for recreation, and, above all, where in Belize you want to live.

Like the cost of living anywhere, the cost of living in Belize is in many ways controllable.

The biggest variable, as I suggest above, is where in Belize you decide to base yourself.

Our Overseas Retirement Index identifies Belize as home to the World’s Best Small Town.

It’s a rain forest escape where expats and locals live together peacefully and sustainably…

And where the cost of living is delightfully low. You could settle in here quickly and comfortably on a budget of about US$850 a month.

This part of the country is not only one of the cheapest places to live in Belize, but it’s also actually my personal favorite region of the country.

You can spend your days relaxing on a hammock or working the land… tubing through river caves with a cooler of beer or four-wheeling through the jungle and hiking up Mayan pyramids…

All just a short trip from the coast for long day trip or a weekend at the beach.

Take A Look At Our Man On The Ground’s Latest Budget:

Cost of living in BelizeAgain, this is a sample budget. You could customize it, of course, spending more or less in any category of expense, according to your wants and needs.

You could add help with household chores for another couple of hundred dollars a month more, for instance. And you could choose to spend more for a bigger and better located home, faster internet, and your own vehicle.

The bottom-line point, though, is that you do not need a big retirement nest egg to retire well in this part of the world. A skinny retirement budget can be more than enough.

Head to the coast, and you could expect to more or less double that budget… depending on where, exactly, you choose to live.

The Cost Of Living In Belize Is Just One Part Of The Equation

Now, to clarify, these budgets are only practical once you’re already settled in here…

In fact, residency itself is a critical choice to make when it comes to your budget… some visas require monthly fees, while others need only a single payment.

Plus, prior to legal residency, you’ll want to make sure you know the right people when it comes to the administration, to travel within the country, and to living in a rental while you search for your home.

It’s a lot to consider, but, properly prepared, you can accomplish it all in no time and at minimal cost—just like hundreds of Live and Invest Overseas readers have done before you.

So, what was the secret that past readers used to do all of that as cheaply, sensibly, and wisely as possible?

They tapped into an inner circle here in Belize…

A group of folks on the ground that live here and want to help you join them…

People who know the tricks to getting it done and know the pitfalls to avoid.

In other words, you want to be in the room with all of those people for our Live and Invest in Belize Conference.

This is the world’s most trusted Belize event, and it’s the only way to get to know all of our Belize insiders and all of their wisdom.

And I’m delighted to be able to say that this Belize event will be an in-Belize event.

That is, we’re finally able to get back out in the world.

And I can’t wait to meet you in Belize.

More details on the program we’re planning are here.

Sincerely,

Kathleen Peddicord signature

Kathleen Peddicord
Founding Publisher, Overseas Opportunity Letter

Tags: 'Belize'belize retirementCost of living in belizelive in BelizeMove to Belizeretire to Belizeretirement in belize
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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 21, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her newest book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

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