Kiplinger.com named Corozal on list of great places to retire outside of the U.S.
An article by Kiplinger.com, an online American personal finance magazine has named Corozal Town on its list of eight great places to retire outside of the US. The writers paid close attention to the cost of living and health care services in each destination and consulted experts in travel, tourism and overseas retirement before compiling the list. So what did Kiplinger.com have to say about Corozal? Well, the warm climate, ease of access to the international airport and the town having its own hospital were positive points. But according to the article, a key factor is that a retired American couple can live comfortably in Corozal Town on two thousand, five hundred dollars a month. It notes that Belize is second on the Global Retirement Index for cost of living, but nineteenth for real estate. Corozal is described as the best of both worlds since it offers retirees beaches and tranquility in town as well as big-city amenities such as malls and museums just across the border in Chetumal, Mexico. Another plus, according to article, is that the local government has a “qualified retired persons” program, which allows non-Belizeans to enjoy perks such as tax-free imports of household goods and cars. The other retirement hotspots on the list are Merida, Mexico; Lunigiana, Italy; Bocas del Toro, Panama; Granada, Nicaragua; Nha Trang, Vietnam; Roatan, Honduras and Bearn, France.
News 5 Belize