5 Reasons You Should Retire in Belize

5 Reasons You Should Retire in Belize

Belize is one of the most popular retirement destinations in the world. Why? Read on to explore 5 Reasons You Should Retire in Belize.

5 Reasons You Should Retire in Belize

#1: Your retirement money goes a lot farther when you invest in Belize real estate

5 Reasons Why You Should Retire in Belize - Its Affordable

You can live nicely in Belize on a relatively modest income that would leave you with a poorer quality of life in the United States. For instance, a standard 3-bedroom cottage of Belize real estate costs about $15,000 to $20,000 USD in Belize–compare that to the cost of a similar home in your local area, or even any of the popular retirement locations in the United States, and you’ll see why many retirees flock to Belize.

#2: Your retirement money goes a lot farther in general in Belize

5 Reasons You Should Retire in Belize

In addition to your USD stretching far for Belize real estate, your retirement money will go a lot farther for things like cable TV, internet, healthcare, groceries, and even leisure activities like visiting nice restaurants, going snorkeling, heading to the beach, and more. You will find that you can enjoy a life of modest luxury on a retirement income, something that you wouldn’t get to enjoy in the United States or most other countries with retirement plans.

#3: The common language in Belize is English

Why You Should Be Investing in Belize Real Estate 02

If you’re from a country where the primary language is English, you won’t need to worry about having to learn another language in Belize. Belize is the primary language in Belize and is used in restaurants, shops, official documents, and more. While there are many people in Belize who speak other languages, particularly Spanish, most everyone in Belize will speak English.

#4: Living in Belize is (literally) good for your health

5 Reasons You Should Retire in Belize

Many retirees who have moved to Belize after buying Belize real estate find that they feel and look healthier than ever before in just a few short months or years of moving there. That is because Belize offers a lot of healthy food options, including tons of fresh foots and vegetables, and most people get around Belize by walking or biking rather than driving cars. The beautiful natural landscapes, parks, beaches and other sites in Belize are great at getting retirees outside and active again, which not only helps them maintain their way but reduces the risk of many health problems. This doesn’t mean Belize is automatically healthy (there are still fried foods and the ability to sit on your couch watching Netflix on your laptop all day!) but it is much easier for retirees to get active, stay active, and become healthier there.

#5: You will never get bored living in Belize

5 Reasons Why You Should Retire in Belize - QRP

There’s an endless amount of things to do and places to see in Belize. You could live in Belize for years and still not come close to scratching the surface of what Belize has to offer, which includes (but is definitely not limited to): beautiful beaches, hiking trails, ancient ruins, festivals, temples, snorkeling and swimming opportunities, an abundance of natural wildlife to see and admire, and so much more. If you are retired and head to Belize, you won’t have to worry about getting bored or feeling left out of the loop–in Belize, there is always something new to do just around the corner.

So there you have it: 5 Reasons You Should Retire in Belize. So what are you waiting for? Contact us today to find out more about investing in Belize Real Estate.

5 Reasons Why You Should Retire in Belize

5 Reasons Why You Should Retire in Belize

Belize real estate has become a hot ticket in the last few years, as more and more people realize the benefits of retiring to Belize and living there either all year round or at least during the winter season. If you are going to be retiring soon and don’t know where you’ll live, take a look at the following reasons why getting some Belize real estate for your retirement is the best option. Here are 5 compelling reasons why you should Retire in Belize:

Reason #1 Why You Should Retire in Belize: The weather is warm all year long

5 Reasons Why You Should Retire in Belize - Warm Weather

You won’t have to deal with bitterly cold winters, constant snowfall, or the worry of finding someone to shovel your driveway every week when you’ve retired in Belize. The weather in Belize is mild all year long, with an average high temperature of about 84 degrees Fahrenheit every season of the year. You’ll enjoy warm breezes, mild weather, and best of all, you’ll bask in the lack of stress-related winter planning.

Reason #2 Why You Should Retire in Belize: It’s economically affordable

5 Reasons Why You Should Retire in Belize - Its Affordable

Belize does not have to be an expensive place to live, nor do you have to live in a tiny shack in order to afford retirement there. You can purchase Belize real estate for a relatively low price, and the average retired couple can live nicely in Belize for about $2,000 USD a month–less if you’re single or very frugal. The key is understanding how to adjust to retirement living rather than living like you’re still working in your home country.

Reason #3 Why You Should Retire in Belize: There’s an endless amount of activities to enjoy

5 Reasons Why You Should Retire in Belize - Lots to Do and See

Belize is home to enough natural landscapes that you’ll find yourself with an endless amount of activities to do and places to explore. Belize has everything from beaches, snorkeling, rainforests, natural rivers, ancient ruins, hundreds of animal species–and so much more. And since you’ll be retired, you will have all the time in the world to enjoy the many wonderful sights and activities that Belize has to offer those who stay within its borders.

Reason #4 Why You Should Retire in Belize: It’s not too far from North America

5 Reasons Why You Should Retire in Belize - Its Close

If you’ll be retiring from the United States, not to worry–Belize is only a few hours away by flight, and you won’t be disconnected from your family and friends back on the mainland United States. Houston, Texas is only about 2 hours away by flight, for reference on how close Belize is when you travel via airplane. Best of all, your family will be able to visit you at your new retirement location, and then you can introduce them to the many beautiful, exciting and fun things to do around Belize.

Reason #5 Why You Should Retire in Belize: You could qualify for incentives

5 Reasons Why You Should Retire in Belize - QRP

Belize offers some special incentives for people who qualify for their “Qualified Tired Persons” program. If you qualify, you will receive benefits such as tax and duty-free imports for your personal and household items, as well as tax exemptions for income you receive from outside Belize.

Overall, Belize is a great place to retire, so be sure to check out available Belize real estate today to discover a whole new world. Want more information about Retiring to Belize or the Qualified Retiree Program? Check out “Why Retire in Belize“. Did we mention that Belize is a world-renowned Tax-Haven? Click here for info about Taxes in Belize and protecting your assets. Contact us today for more info.

4 Reasons Why Belize is Your Dream Retiree Destination

4 Reasons Why Belize is Your Dream Retiree Destination

Choosing a place to retire isn’t an easy decision–but there are a few things you can do to make the process much easier on yourself. Ask yourself this: are you interested in moving to a location with a warm climate year-round, that has access to beautiful natural landscapes and wildlife of all kinds, which also provides an endless amount of activities for locals, tourists, and retirees alike? If so, you need to consider buying Belize real estate and living in Belize after you have retired. Let’s take a more detailed look at why you’ll love Belize as a paradise for retirees and what makes Belize a Dream Retiree Destination

#1 Reason Why Belize is Your Dream Retiree Destination: It’s absolutely gorgeous

4 Reasons Why Belize is Your Dream Retiree Destination 01 Its Absolutely Beautiful

You can’t beat the views in Belize–you simply can’t. Belize has an abundance of natural landscapes and resources, including stunning beaches with beautiful waters, rain forests that stretch on for miles and miles, hiking trails, the 2nd largest coral reef in the world, and so much more. Where else could you see literally more than 400 species of fish while snorkeling? Or spot over 500 different species of birds with a careful eye and a pen to mark your catalog? When people think of paradise, they think Belize–and that’s based on its beauty alone.

#2 Reason Why Belize is Your Dream Retiree Destination: You can afford to live well (no, really!)

4 Reasons Why Belize is Your Dream Retiree Destination 02 You Can Live Well

One of the most common concerns for retirees is that they won’t be able to maintain their current lifestyle on a retiree pension or check. In Belize, however, the cost of living can be much lower when compared to other countries–espcially areas like the United States or the United Kingdom. What would barely help you scrape by at your home in Tennessee may land you a beautiful 3-room cottage with windows that open up against a sparkling cove. You will find that your dollar stretches pretty fair in Belize–just be prepared to have your money exchanged to Belize currency, since although many shops will take USD for items, you’ll get the weaker Belize currency as your change.

#3 Reason Why Belize is Your Dream Retiree Destination: It is very laid back and relaxing

4 Reasons Why Belize is Your Dream Retiree Destination 03 Its Relaxing

The ability to finally relax and take things slow and easy is a big concern for many retirees. If you want to live somewhere without intense pressure, constant deadlines, or the underlying feeling that things must get done–and done NOW–then Belize is the place for you. Locals are very laid back and things get done when they get done, rather than being rushed about and finished in a frenzy.

#4 Reason Why Belize is Your Dream Retiree Destination: It’s not too far away (especially if you live in North America)

4 Reasons Why Belize is Your Dream Retiree Destination 04 Its Not Far Away

If you’re retiring from the United States, then buying Belize real estate won’t take you too far away from your family and friends back home. The continental United States is only about 2 hours away by plane, although states farther away from the border will take a few extra hours. And since it’s so close, your family will be able to visit you on your new island paradise!

So there you have it: 4 Reasons Why Belize is Your Dream Retiree Destination. We hope that you will find this list helpful. Nobody knows Belize Real Estate like Sandy Point Real Estate! Considering retiring in Belize or Living in Belize? Contact us today to speak to one of our real estate specialists or to arrange a Belize Real Estate tour of San Pedro, Belize that you will never forget!

5 Things About Living in Belize that Locals Want You to Know

Belize is a popular destination for people from around the world who want to relocate to a friendly, warm environment with a lot to offer any newcomer. Best of all, Belize real estate can be very affordable, so it’s an option that is available to even people on modest incomes such as retirees. But there are some things about living in Belize that locals and expats have learned over the years – and we are happy to share! If you are planning on living in Belize soon, take a look at 5 Things About Living in Belize that Locals Want You to Know.

5 Things About Living in Belize that Locals Want You to Know

#1: English is the most common language

Contrary to what many people who visit Belize think, the most common local language is not Spanish, but English. You may find many locals who have unique dialects that combine English with other languages, but this is usually reserved for special slang phrases that you’ll pick up once you’ve lived in Belize long enough. While there are people living in Belize who do speak Spanish or other languages, the language that you’ll find in shops, restaurants, and so on, is English.

5 Things About Living in Belize that Locals Want You to Know

#2: Never sit under coconut trees

All right, you can sometime sit under coconut trees. But you should never sit under coconut trees that have those iconic brown coconuts hanging in them. While this may make for a picturesque photo or simply an ideal spot to get some shade, when coconuts are brown, it means they are ready to fall. Tourists and newcomers to Belize have been injured and even knocked unconscious by falling coconuts, so be careful about where you sit.

5 Things About Living in Belize that Locals Want You to Know

#3: Have a Belikin–but wipe the lip first

If you’ve stayed in Belize for any length of time, you’ve probably already seen people wiping the lip of their Belize-brewed Belikin beer bottles. This isn’t just a useless tradition: Belikin bottles are often a bit rusty at the lip, so you’ll want to wipe the lip down before taking a sip of this delicious national beverage.

5 Things About Living in Belize that Locals Want You to Know

#4: The sun rises and sets early

The sun in Belize will rise at about 5:30 AM for most of the year, and it will set at about 6:00 PM for most of the year as well. For visitors and newcomers, there is often a period of adjustment in getting used to “early” nights in Belize. You should keep the 6:00 PM sunset time in mind when you make plans to go out, however, since driving at night in Belize can be difficult if you aren’t familiar with the area and driving on low-lit roads.

5 Things About Living in Belize that Locals Want You to Know

#5: You might not need a car depending on where you live

Keeping a car in Belize can be expensive due to high gas prices, but the great thing about a lot of Belize real estate is that there are may areas you can get away without having a car at all. If you are unsure about whether or not you really need a car while living or staying in Belize, try renting one for a few days to see how much you use it–you may just be surprised at how much easier it is to get around with your feet or bicycle instead.

5 Things About Living in Belize that Locals Want You to Know

So there you have it: 5 Things About Living in Belize that Locals Want You to Know. We hope this list is at least amusing – if not informative. Nobody knows Belize Real Estate like Sandy Point Real Estate! Considering retiring in Belize or Living in Belize? Contact us today to speak to one of our real estate specialists or to arrange a Belize Real Estate tour of San Pedro, Belize that you will never forget!

All About Taxes in Belize

Tаxеѕ get a bаd rар, but еvеrу country needs thеm tо sustain infrastructure аnd gоvеrnmеnt funсtiоning. Unfоrtunаtеlу, they tеnd tо bе соmрliсаtеd. Most реорlе bаrеlу undеrѕtаnd thе tax ѕуѕtеmѕ of thеir hоmе соuntrу. Hеrе’ѕ whаt уоu need to know about tаxеѕ in Bеlizе. Taxes in Belize.

All About Taxes in Belize

Bеlizе iѕ a popular destination for people looking to to protect their financial assets. Belize is considered a tаx hаvеn. Invеѕtоrѕ аnd businessmen have lоng been drawn tо the tax bеnеfitѕ in Belize. Yоu might аlѕо еnjоу thеѕе mаnу bеnеfitѕ if уоu want tо ѕеttlе there. It “pays” to be diligent and thoroughly research your tax sitaution in the light of Belize tax law. If уоu hаvе a complicated finаnсiаl ѕituаtiоn, feel free to contact us for suggestions, recommendations, or general information.

Inсоmе taxes in Belize

All About Taxes in Belize

Income tаx iѕ gеnеrаllу lеviеd аt a rate оf 25% оf taxable inсоmе. There аrе deductions fоr rеѕidеntѕ thаt vаrу based on how much mоnеу уоu make. Nоtе thаt уоu muѕt bе рhуѕiсаllу рrеѕеnt in Bеlizе for аt lеаѕt 183 consecutive days during a calendar уеаr tо bе соnѕidеrеd a “rеѕidеnt”.

Gооd to knоw:

  • Unlikе mаnу оthеr countries, thеrе is no tаx schedule in Belize, thus ѕimрlifуing thе ѕуѕtеm.
  • Onlу inсоmе ѕоurсеd within Belize iѕ tаxеd. Sо, fоr еxаmрlе, inсоmе frоm wоrking оnlinе in other соuntriеѕ is nоt соnѕidеrеd taxable in Bеlizе. It mау, however, bе tаxаblе in уоur соuntrу оf оrigin.

Prореrtу tаxes in Belize

All About Taxes in Belize

Property and lаnd tаxеѕ in Belize vаrу bеtwееn 1 аnd 12% of the lаnd’ѕ vаluе. Thе rаtе dереndѕ оn whеthеr оr nоt thе рrореrtу iѕ dеvеlореd, used as a rental, as wеll аѕ itѕ lосаtiоn. Prореrtу tаxеѕ оutѕidе сitiеѕ are based on thе vаluе оf land instead оf thе dеvеlореd рrореrtу in оrdеr tо еnсоurаgе further dеvеlорmеnt.

Gооd tо knоw:

  • Cарitаl gаinѕ tаx doesn’t еxiѕt in Belize.

Stаmр dutу

Real estate trаnѕfеr tax is сurrеntlу lеviеd аt a rаtе оf 10%. The owner uѕuаllу рауѕ a 12.5% rаtе tаx fоr сlоѕing соѕtѕ bаѕеd оn the total рrореrtу рriсе.

Value added tаxes in Belize

General Sales Tax (GST) in Bеlizе is levied at a 12.5% rаtе. This аррliеѕ tо most goods, аѕ wеll аѕ services. There are a fеw еxеmрtiоnѕ, ѕuсh аѕ basic food itеmѕ аnd bаѕiс mеdiсаl ѕuррliеѕ.

All About Taxes in Belize

Dераrturе tаxes in Belize

Yоu аrе required to рау a dераrturе tаx whеn уоu lеаvе the country. If leaving via air, thе tаx iѕ USD39.25. It iѕ uѕuаllу inсludеd in thе рriсе of уоur airline ticket. The fee is ѕlightlу less if lеаving by lаnd оr sea. There iѕ talk of this fее inсrеаѕing ѕubѕtаntiаllу, ѕо be ѕurе tо сhесk bеfоrе уоu trаvеl.

Gооd tо knоw:

  • Thе dераrturе tаx muѕt bе раid in US dollars and in cash. Credit cards are not accepted.

Business tаx

Buѕinеѕѕеѕ muѕt рау tаxеѕ оn gross rесеiрtѕ рауаblе monthly. Rаtеѕ vаrу, dереnding on thе tуре оf buѕinеѕѕ, frоm 1% tо 25%. Thеrе is also a соrроrаtе inсоmе tax рауаblе уеаrlу, but the buѕinеѕѕ tаx раid is dеduсtеd. This аlѕо applies tо rеntаl inсоmе over a сеrtаin аmоunt.

Othеr tаxеѕ аnd dutiеѕ in Belize

There аrе a fеw оthеr taxes аnd dutiеѕ that mау or mау not affect уоu dереnding оn уоur реrѕоnаl circumstances.

  • Vеhiсlе tаxеѕ аrе assessed whеn уоu rеgiѕtеr уоur vеhiсlе.
  • Customs dutiеѕ аrе lеviеd on аnуthing imроrtеd intо Bеlizе. Rates vаrу widеlу dереnding оn whаt the gооd is, whether it is for personal оr соmmеrсiаl uѕе, аnd what соuntrу it is соming frоm. The duty саn bе аѕ high аѕ 50%. People whо аrе раrt of the Qualified Rеtirеd Persons program аrе allowed to bring in thеir hоuѕеhоld gооdѕ and оnе vеhiсlе dutу free.

In addition to being one of the most experienced real estate offices on Ambergris Caye, we are also well-versed in Belize tax and financial situations. Feel free to contact us today for more information. Or better yet, why not schedule a visit to our little piece of Paradise so you can find out what all the fuss is about for yourself!?

6 Reasons You’d Be Happier Living in Belize!

We all dream of living a healthy, happy, and peaceful life. However, finding the ideal place to lead such a life isn’t an easy task. If you’ve been looking for a perfect place to move or retire to: Consider Living in Belize! Would you be happier living in Belize? Almost certainly!!

Here are the top 6 Reasons Why You’d Be Happier Living in Belize!

Reason 1: Excellent Weather All-Year Long

You'd-Be-Happier-Living-in-Belize-Reason-1--Excellent-Weather-All-Year-Long.jpg

A large number of people from the growing expat community in Belize decide to move to the country for good. Some of the reasons include the excellent warm weather all around the year, abundant sunshine, breathtakingly beautiful nature, and a large number of exciting adventures available on both the mainland and the island cayes (to name a few). It has been observed that that the people living in Belize experience a much higher level of personal satisfaction and happiness in general.

Reason 2: Peaceful Life Closer to Nature

You'd-Be-Happier-Living-in-Belize-Reason-2--Peaceful-Life-Closer-to-Nature

Living in Belize offers the enormous advantages and positive effects of being closer to nature. A close-knit English speaking community, amazing weather, and a range of exciting outdoor activities allow the residents to live a happy and healthy life in Belize.

Reason 3: Affordability

You'd-Be-Happier-Living-in-Belize-Reason-3--Affordability

What could be a more peaceful way to spend the life than not constantly having to worry about your finances? Belize offers much more affordable rates on almost all the products and services you are accustomed to. If you are thinking about retirement in Belize, you can easily live a peaceful life on as little as $2000 every month. Furthermore, being surrounded by abundant natural resources and fresh, organic, Non-GMO food products, living in Belize offers the great health benefits at cheap rates.

Reason 4: Scenic Beauty

You'd-Be-Happier-Living-in-Belize-Reason-4--Scenic-Beauty

Living in Belize allows you to live amidst some of the most stunningly beautiful views you will find on earth. Whatever you’re looking for, the landscape in Belize is perfect: from lush untouched nature to indulging, luxurious resorts in and around the country. If you’re looking for a hassle-free life closer to nature, Belize is the perfect destination.

Reason 5: Positive and Optimistic Environment

You'd-Be-Happier-Living-in-Belize-Reason-5--Positive-and-Optimistic-Environment

As per the recent study by the United Nations Sustainable Development Solutions Network, Belize has been ranked among the top 50 happiest countries in the world to live. Furthermore, this beautiful country is on an upward trend among the happiest place to live due to the positive and optimistic attitude of the people. In fact, Belizeans are renowned for being one of the warmest, friendliest, and the most hospitable lot across the world.

Reason 6: Great Places to Live All Over Belize

You'd-Be-Happier-Living-in-Belize-Reason-6--Great-Places-to-Live-All-Over-Belize

Belize is full of amazing places and Cayes to explore and live. Well-planned and friendly expat communities, charming villages, and larger, more centrally located towns – Belize has it all! Centrally located just hours from Cancun, Guatemala City, Roatan and other famous tourist and vacation destinations, Belize is enticing a large number of expats, retirees, and investors. What about you? You’d be happier living in Belize! Contact us today to arrange a tour of San Pedro Belize real estate and check out life in Belize for yourself!