Most people have a retirement dream of having a beach house where they can wake up to the sunset, have cocktails every day, spend time with family and live a carefree life. Some people are even willing to relocate in order to retire in peace. You can surely purchase new real estate to have a comfortable retired life, and following are the reasons why life in Belize will be great for you.
Low inflation rates
One of the most important reasons why lifestyle in Belize is considered to be favorable is because of the fact that Belize has one of the most stable economies in the world. This is a country where the imports and exports are managed appropriately and the GDP has been growing at a stable rate. Moreover, the inflation rate is one of the lowest around the world which should be the most attractive factor for those looking for a favorable retired life.
Affordable Real estate
If you are one of those people who are looking forward to buying decent real estate to retire in, then you are in luck because the real estate in Belize is quite affordable and attractive as well. When Central America is kept in perspective, it would be wrong to say that Belize is the cheapest place to stay in. But when such costs are compared to the costs in US and UK, you would be amazed at how cheap the real estate in Belize is. So let your dreams reach another levels and start planning to purchase your dream house.
Another great reason that should force you to stay and retire in Belize is the tax rate. The government of Belize is really nice, as described by the citizens, and the reason for this kind description is because of the fact that the government does not charge excessive taxes on anyone. Moreover, the government also treats the retirees very nicely, which means that as a retired person you could even have a tax liability of zero.