Expat Advice: Retiring in
A retiree in Corozal, Belize chose Corozal for retirement because he had a friend with property there, wanted a lower cost of living and tropical climate. The most rewarding aspects of expat life in Belize have been the long-lasting friendships he and his wife have made, living in a different culture and enjoying a new cuisine.
What is the name of the city or town that you are reporting on?
Why did you choose to retire abroad?
lower cost of living, climate
Why did you choose the country you retired to?
Friend has property there
Are you retired abroad all year or part of the year?
Did you ever live abroad before you retired abroad?
Yes, many times. I worked for an airline and was based in various cities/countries.
How long have you lived abroad since you retired abroad?
Over a period of 25 years
How many countries (other than your home country) have you lived in as a retiree?
What have been the most challenging aspects of being retired abroad?
What have been the most rewarding aspects of being retired abroad?
New friends (lasting friends), different cultures and cuisines
What would you do differently if you were just starting the retire abroad process?
First visit new host country for a period of time to explore and familiarize with land and people,
liquidate my possessions (small house and contents).
What is life like for a retiree in your city and its surroundings? (Is there an active expat community? Cultural Attractions? Recreation? Nightlife?)
Everything at your disposal.
What residency documents or visas did you need to obtain to retire in your host country? How difficult was this process? (Please describe)
Green Card through company, automatically
Did you buy a home or apartment, or rent one? Is this a difficult process? (Please describe)
Bought, not difficult.
Financially, has living abroad in your host country met your expectations? Exceeded them?
It is tight rope.
What are the most important financial considerations for retiring to your host country?
Married an American.
How much can a retiree live on comfortably in your host country?
$3,000 - 3,500
Do you have access to quality medical care? (Please describe - is it close? Expensive?)
Absolutely, but expensive without adequate insurance.
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Is there a lot of crime where you live? (Please describe)
Not sure, but I think around 18%, I live in a peaceful suburb.
Describe available transportation where you live. Do you need a car? Is there access to safe public transportation?
Definitely need a car, safe public transport is available.
Is there high-speed internet access where you live?
Do you have any other thoughts you would like to share about retiring abroad?
New host countries bank system, currency, taxes etc.
need local drivers license?
More Expat Advice about Retiring in Belize
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