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    Cheap

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  • Home
  • Countries

    Top Destinations:

    Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

    • Spain
    • Portugal
    • Panama
    • Belize
    • Colombia
    • Cyprus
    • Mexico
    • France
    • Montenegro
    • Browse All Countries

    Best For:

    • The Best Places To Retire
    • Health Care Abroad
    • Cost Of Living
    • Investing in Real Estate
    • Establishing Residency
    • Gun Laws In The World
    • English-Speaking Countries
    • Safest Places For Retirement
    • Best Places In Latin America
  • Budgets

    How Much Will It Cost You To Live Overseas?

    The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
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    • Investing

    Follow Us:

    • Meet Our Experts
  • Real Estate

    Buying Real Estate For Cashflow

    • Discover tips and strategies used by global property investing veterans

    Explore Our Latest Posts

    • Learn how to invest and purchase property abroad…

    Go To The Overseas Property Alert Site

    • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
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    Live and Invest In Spain Conference

    Offshore Wealth Summit

    Argentina Workshop

    VALENCIA, SPAIN

    Sep. 17-19, 2025

    PANAMA CITY, PANAMA

    Oct. 15-17, 2025

    VIRTUAL

    Nov. 13, 2025

    Learn More About This Event
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    Toll-Free U.S. and Canada:
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    From Outside North America:
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    Reach us with your questions by email at: events@liveandinvestoverseas.com

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    overseas living letter offers affordable retirement guidance
    The Simon Letter Wealth Protection Insights
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    Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

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 Free Belize Guide

DISCOVER BELIZE

REEF RUINS, RIVERS, AND RAIN FOREST, PLUS EASY RESIDENCY AND TAX-FREE LIVING

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Home In Focus: Belize

A Million-Dollar Retirement Without The Price Tag

by Sophia Titley
May 29, 2024
in In Focus: Belize
0 0
Road trip through the wonderful Belize.

Adobe Stock/Haider

Budget is a crucial criterion for anyone considering retirement.

The fact is that we’re living longer than ever before, so we need bigger retirement budgets than ever before.

If the average American retires at age 62 and aspires to live to age 100 (which 54% of Americans do), then you have to be prepared to finance 38 years of retirement.

How much does 38 years of retirement cost?

According to the U.S. Census Bureau, about $2.3 million.

The good news for those without a multi-million dollar retirement fund is that in the right spots overseas, your dollars can stretch so much further.

Take Belize, for example.

Warm, welcoming, independent, and private, it’s an English-speaking Caribbean paradise.

This small country—just a little larger than Massachusetts—is home to a population of around 400,000. If you like wide-open spaces and small-town living, then Belize could be your perfect overseas haven.

My preferred destination within Belize is the seaside town of Corozal, in the north of the mainland.

It offers some of the best of Belize living, and while it’s not well-developed yet infrastructure-wise, it’s slowly getting the attention it deserves. In November 2019, Forbes listed it third in a report of the 20 best places to retire in 2020.

Despite its small size, Corozal offers a nice variety of lifestyle options, including oceanfront, riverfront, lagoonfront, and inland farm-country living. Lots and land are available in private developments and directly from the local market.

Here, you can rent a two-bedroom Belize-style home for around $800 per month, and, all-in, a couple could live well here on a monthly budget of $1,741.

The one caveat when it comes to Belize is health care.

While facilities and standards are improving, they are limited. For those with serious health concerns or existing medical conditions, it’s best to look elsewhere in the region.

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How Living In Corozal Can Enhance Your Life…

  • A tax-friendly environment. Like Panama, Belize only taxes its residents on locally sourced income, so you can reduce or eliminate your tax burden by basing yourself here.
  • Stress-free living. The pace of life in Corozal is slow… For those who seek a long-gone haven—where time stands still and life drifts peacefully by without hassles—Corozal is perfect.
  • Warm weather year-round. Corozal is warm year-round, with an average high of 89°F (32°C) and an average low of 70°F.
  • Caribbean Sea access. Corozal may offer the world’s most underrated strip of Caribbean beachfront. The town is tucked inside Corozal Bay, a deeply indented part of the Caribbean, which makes for especially calm waters. This is a playground for any type of watersport you like to practice, especially sailing.

Sincerely,

Sophia Titley
Editor, Overseas Living Letter

Tags: 'how to retire overseas''places to retire''retirement advice'
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Sophia Titley

Sophia Titley

For Sophia Titley, home is a subjective concept. She was born in Singapore but grew up in Indonesia and Saudi Arabia… and has since lived in Canada, Spain, Colombia, and, most recently, Panama. She studied political science and Spanish at the University of British Columbia, and in her free time enjoys trying new recipes, playing soccer, and salsa dancing.

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Top Countries

  • Spain
  • Portugal
  • Panama
  • Belize
  • Colombia
  • Cyprus
  • Mexico
  • France
  • Montenegro

Best For:

  • Health Care Abroad
  • Retirement Living
  • Cost Of Living
  • Investing in Real Estate
  • Establishing Residency
  • Gun Ownership
  • English Speakers
  • Safety
BROWSE ALL COUNTRIES

Budgets

How Much Will It Cost
To Live Overseas?

Super Cheap

  • Chitré, Panama
  • Santa Marta, Colombia
  • Phuket, Thailand
  • Dumaguete, The Philippines

Cheap

  • Medellin, Colombia
  • Boquete, Panama
  • Kyrenia, Cyprus
  • Hua Hin, Thailand
  • The Algarve, Portugal

Affordable

  • Valencia, Spain
  • Cascais, Portugal
  • Las Terrenas, The DR
  • Pisa, Italy
  • La Rochelle, France
  • Mazatlán, Mexico

Luxury

  • Ambergris Caye, Belize
  • Kotor, Montenegro
  • The Panama City Beaches
  • Paris, France

Resources

Global Living

  • Living & Retiring Overseas
  • Raising A Family Abroad
  • Foreign Residency & Citizenship
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Making Money

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  • Employment
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Reach us with your questions by email at: events@liveandinvestoverseas.com

Store

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Lahardan Books

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