Ray Auxillou and Silvia Pinzon de Auxillou break it down for those thinking about retiring in Belize, and in other Central American countries, on their web-site.
The couple knew that upon retirement they would want to live abroad, since their minimal income would limit their means of living in the United States. They share their personal story from how they went about the process of deciding on Belize, to what they have encountered there.
Ray provides a lot of tips, and he and is wife also own a Hostel, the Falconview Tourist Backpackers Adventure Hostel, and have a couple of separate apartments that they rent out for shorter periods of time to those looking at relocating in Belize. They have been in Belize for over 2 years, and have really made the most out of retiring there.
Follow the link for a sample of what you will find on their web-site:
The main areas of rich retirees are the offshore islands of San Pedro and Caye Caulker for the richer crowd. The land and cost of living is quite high. Corozal in the North near the Mexican border has a small colony of retirees. Place there called Consejo Shores is popular. The climate there is hot and sunny, fairly dry, due to low rainfall, land prices are variable, running around $2,500 an acre depending on where you want. They get bugs in seasons, due to seaside elevation. The Cayo hilly District here is popular and a mix of low budget and rich retirees. The rich ones usually have built mansions on large acreages. Real Estate guy we know said he has sold to twelve retirees property alone, for January, this 2008. We get considerable visits from the California Hollywood crowd drifting down from Puerto Vallarta in Mexico. The poorer retiree ones are building in one of the smaller canyons and hills around the area, which are very scenic. Land prices run from $2,500 to $15,000 usa for a building lot in a development, up to as high as $15,000 an acre depending on location. Most prices are lower if you are not in prime locations. Government has several housing schemes and you can buy either lots, or houses. Better to buy a lot and build what you want though, is my opinion. American real estate promoters are very active here. There are lots of real estate websites for Belize. Try Belize North, or Ambergriscaye.com for more information.
You can reach Ray by Belize phone (501) 663 5580 or by email: hillviewhacienda@yahoo.com
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I am a British woman at present living in Northern Portugal who is seriously looking into moving to Belize. I am looking to rent a property. I have however to sell my home here in Portugal before I can make my move. I would like in the mean time to find someone who would like to do a house swap with me in say April or May 2010 for about a month so that I can come to Belize and look for where I would like to move to. Having to live on a Low budget some where in the Cayo hills seems interesting to me.
I would be happy to be contacted by anyone who is interested in the house swap
Best wishes Sue