by hadmin
Belize is a relatively unknown territory in Central America that has slowly gained more attention as a retirement destination among expatriates attracted by its serene beauty. Approximately one half of this small Central American country is occupied by Caribbean Sea coastline, jungles and a welcoming population contributes a lot to Belize’s attraction. For those preparing to migrate to this island of sand, coconuts and tranquility, here is what newcomers ought to learn.
Why Belize?
Although Belize’s tourism is still a developing phenomenon, the variety of sites and facilities for tourists cannot be questioned. Another attraction and probably one of the biggest advantages for divers, snorkelers as well as water sport lovers is the second largest barrier reef in the world. Moreover, Belize offers picturesque landscapes with everyday cultural contexts ranging from Mayan times to the present-day.
Another of the practical benefits of establishing residence in Belize is that most of the populace speaks English and so adapting and mingling should be much easier for foreigners. The overall cost of basic and essential commodities and services is comparatively cheaper compared to North America and Europe hence expensive luxury but a good standard living. In addition, Belize’s government welcomes overseas investment whereby, through the Qualified Retired Persons (QRP) scheme, prospects in retirement and expats are offered incentives.
Real Estate Opportunities
The real estate market appears to be very promising in Belize for the would be buyer to invest in. Whether one is interested in investing in homes and lots near the coasts, on islands or even on continental territories, Belize offers a diverse inventory of real estate that are relatively cheap for foreigners. There are several preferred destinations amongst expatriates and these are Ambergris Caye, Placencia Village, Caye Caulker and Cayo District because of the different lifestyles they afford. For those who want to leave the isolation behind and enjoy the nightlife of restaurants and bars, and rubbing shoulders with expats, the most popular is San Pedro, the biggest and most developed town on the island of Ambergris Caye. However, while the beaches of Placencia and the Cayo District offer seclusion and gorgeous scenery, they may require long traveling.
The Buying Process
Buying houses or any real estate in Belize is not a problem as there is no Belizean law against foreigners acquiring land within the country. It typically involves finding the property of interest, bidding for it and then doing some research, which may include searching for title deeds or surveys. Most importantly, it is helpful to hire a local agent and a lawyer to make the process as less complicated as possible and secure all legalities possible.
Living in Belize
Belize is among the best places to reside in as one is exposed to adventure and relaxation at the same time. The warm weather that is characteristic of the country ensures that the revelers are outside enjoying the excellent nature that the country hosts, including ancient Mayan temples, national parks, and the vibrant marine life. A particular charm of Belize is the friendly disposition of its people and similarly the expats make it very easy for a newcomer to make new friends.
The basics of life are found within a stone’s throw with supermarkets, restaurants, and healthcare providers. Greater complexes like Belize, San Pedro, and Belmopan provide more comprehensive services and numerous vacation rentals and resorts, whereas the minor towns and villages feel more cozy and relaxed, similar to living in a small town. These fundamentals are enhancing; the Internet and telecommunication infrastructure are rapidly expanding so that it is quite easy to remain connected.
Practical Considerations
It is advisable to learn about the visa and residency before making any transition. Belize allows for various residency schemes, such as the tourist permit, working permit, and the QRP qualifying retirement permit which give favorable taxation status. Another consideration is healthcare; though there are government hospitals and clinics, expatriates prefer private clinics or better take an international health insurance policy.
Transporting personal possessions is expensive; as such, they purchase their belongings or arrivals limited to necessities. It is also important to familiarize with culture and norms as a way of becoming view-able and conforming to society.
Conclusion
The claim ‘’Live and Work in Belize’’ points to the fact that this country offers one a natural, active, and a culturally vibrant way of life. From natural features to possessing a vibe that is more welcoming than hostile, Belize boosts a good investment climate besides featuring numerous types of real estates.