"Belize is located on the Caribbean coast of northern Central America. It shares a border on the north with the Mexican state of Quintana Roo, on the west with the Guatemalan department of PetÚn, and on the south with the Guatemalan department of Izabal. To the east in the Caribbean Sea, the second-longest barrier reef in the world flanks much of the 386 kilometres (240 mi) of predominantly marshy coastline. The area of the country totals 22,960 square kilometres (8,865 sq mi), an area slightly larger than El Salvador or Massachusetts. The abundance of lagoons along the coasts and in the northern interior reduces the actual land area to 21,400 square kilometres (8,263 sq mi)."[from Wikipedia]
How to Retire Comfortably for Under $1,500 a Month
Kathleen Peddicord, On Tuesday August 10, 2010
"Belize is a beautiful little country. It's a peaceful, eco-tourist retreat home to more than 540 species of birds, 4,000 species of flowering plants, and 700 kinds of trees. Nearly 40 percent of the country is protected as parkland and natural preserves. Belize boasts the second-largest barrier reef in the world. This incredible underwater resource teems with colorful fish, coral, and unusual marine life, making the waters off this country's coast a fisherman's and diver's paradise.
"Despite all these natural attractions, Belize has managed to remain largely off the world's radar. It's a small country of about 350,000 people. It's also a young country, having gained independence from Great Britain in 1981. There are a lot of market niches waiting to be filled. Living here, you'll discover that life can be not only super affordable, comfortable, and adventure-filled, but also full of potential."
Map of Belize
"Jason and Elizabeth Pearce moved from Canada to Belize three years ago. They bought a piece of property on the sea. A year later, they built a house. Today, they live in a beautiful Santa Fe adobe-style home with gardens all around.
The pair lives very comfortably, without wants or financial worries. They've had no trouble making friends in their new community because the folks in Belize speak English. They eat out three or four times a week. They barbecue lobster and filet mignon at home. They have reliable Internet to keep them connected to the outside world. By choice, they do not have a television. "I used to think that the news was important," Jason explains. "But not anymore." The retired couple has a maid and a gardener, each of whom visit once a week.
And here's the best part. Jason and his wife are living on their Social Security income alone. In fact, they're living on Jason's Social Security income alone. Elizabeth's Social Security check goes into savings each month.
Everyone's spending habits are different, but here's a sample monthly budget for a couple living a comfortable expatriate lifestyle in Belize:
--Rent: $300 --Utilities, telephone, and Internet: $500 (Your biggest expense in this country.)