It seems that over the course of the past decade an increasing number of far flung countries have began to tout their attributes as retirement destinations. What’s the real story behind the hype though and are these countries such as Belize really the prime retirement and real estate investment opportunities that they hold themselves out to be? Also, is it a safe place to live particularly for the elderly?
More Bang for Your Buck
What all of these countries including Belize hold out to a retiring American who is interested in relocating to them is amazing low living costs. This means that the moment you arrive in a place like Belize, it is the same thing as all of your money tripling or quadrupling. Sure, there are newer western style planned communities where homes and property are going to be at a premium, but in the towns and provinces you can still buy a nice, solid three bedroom home for about the cost of a travel trailer in the U.S.
Personal Safety Concerns
If you believe all that you hear on the news, our trusted government and U.S. business interests would like to have you believe that if you step one foot out of the U.S. with your retirement savings, you will surly land directly on a land mine. The truth of the matter is that the vast majority of the people of Belize and all Latin American counties for that matter are peaceful good natured people.
Much Safer than the U.S.
Sure there are is a bad neighborhood in every big city that you will recognize to avoid, but if you have what it takes to live and survive in or around U.S. cities like L.A., Sacramento, Seattle. New Orleans, Reno, Little Rock, Minneapolis, etc. you will find even the worst areas of Belize a cake walk.
