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Home Retirement/Living

Entrepreneurs In Belize

Kathleen Peddicord by Kathleen Peddicord
Jun 22, 2010
in Retirement/Living
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Work in belize
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Filling Niches–Two Tales Of Entrepreneurial Success In Paradise

“I’ll let my friends Bill and Jenny tell you the story of how they were able to check off their list their long-held dream of owning a resort in Belize,” writes Belize Correspondent Amma Carey.

“‘Starting a small inn in Belize has been a great adventure for my husband and me,’ explains Jenny. ‘It all started after finding our piece of paradise on the Caribbean Sea. Once we had our view, the rest fell into place.

“‘We were able to find a good local contractor for building our home, restaurant, and cabanas. His experienced crew knew how to work with the local building materials. Our cabanas are built as a local villager would build his home; comprised of a local hardwood planked floor, palmetto tree walls, and a thatched roof. “‘Coming from the States, we would have been lost trying to build this manner of structure on our own, but we had much help from the locals.

“‘Receiving our business license and approvals from the government of Belize was a smooth process. Keeping our license renewed and paying our yearly fees has been efficient and hassle-free. People at the various government agencies and the Belize Tourism Board have been more than willing to help us throughout the process.

“‘Now, my husband and I wake up each morning in paradise, happy to run our own place!’

“The view that Bill and Jenny fell in love with is of the Bay of Chetumal in the Corozal District. Their inn (www.cerrosbeachresort.com) is within walking distance of the seaside Maya ruins of Cerros. Realizing that this relatively remote location might not sustain a high occupancy, they built only four cabanas, which they supplemented with a restaurant. They guessed that a restaurant would do well if they set prices the community could support, and they were right.

“The restaurant, guest cabanas, and residence at Cerros Beach Resort operate completely off the electrical grid. All their power is solar (a completely new experience for Bill and Jenny that they are embracing).

“Lara Lennon found her paradise and place to call home on Ambergris Caye in 2003. Like Bill and Jenny, she has an entrepreneurial spirit, and, as a Belize resident, she found it an easy process to start her business. Her niche? Swimwear.

“As Lara explains it, sitting on a friend’s porch in San Pedro chatting about this-and-that in their tropical lives, she realized something. There existed nowhere in Belize a place to shop for ‘dress bathing suits,’ the kind glamorous enough for a beach wedding or special enough for a honeymoon. Lemon Crush Belize was born.

“The line is now featured in luxury boutiques both in Belize and internationally. Starting a business takes drive and determination, Lara admits, but she has found the experience in Belize rewarding.

“Best of all, she is still right where she wants to be, with her friends on a Caribbean island, enjoying life.

“Only now in better bathing suits!”

Kathleen Peddicord

Belize offers an abundance of market niches to be filled.

Tags: belize cayeEntrepreneurs In Belizehotels ambergris cayeresorts 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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