Belize & Ambergris Caye Help

What are the Basic Expenses in Belize Retirement?

Belize is a sanctuary preferred by different retirees. Many residents have fallen in love with this place and they do exclaim their happy life by showing pictures of their tropical life. Retirement in Belize may be the best option to choose but before anything else, you should be informed of the basic expenses in living in Belize.

Cost Of Living

Generally, the homes in Belize are less costly than those available in countries like Canada, United States and Europe. There are different properties to choose from and will definitely meet the budget and the preferences of the future retirees. Many retirees have seen significant savings in hiring a full-time housekeeper as well. The price ranges from $15-20 US dollars. This also goes to cost-effectiveness utilities with charges of less than 25 percent of the usual amount in the mentioned countries.

Innovation and Trends

It was years ago when retirees began to see the progress of Belize in terms of achieving a high-speed internet connection. Skype, a video calling software, was blocked at that time and it caused distress to the retirees who want to further communicate with their loved ones living far away. Good thing, Belize now has developed a system good enough to provide high-speed internet to everyone. It will allow better communication and faster dissemination of information across the whole country. Of course, Skype is finally working fine.

Food Cost and Other Expenses

The restaurants have different prices but mostly, local foods are served. An expensive restaurant will go about $50 US dollar but retirees spend their budget on lobsters and seafood for only $20 or so. Food cost is fairly cheap as a sandwich can only be priced at $2 US dollars.

Aside from food, other expenses also come at cheaper prices. For fueling up a car, the gasoline is priced at about $5 US dollars per gallon. Monthly water bills ranges from $15-$20 dollars and electricity is charged at about 15 cents per kilowatt hour for the first 50 kilowatts, and 20.5 cents on the succeeding.

Retirement in Belize is relatively ideal to start living a contented life. It is a tropical away from the hassles of the city and every retiree achieves a peace of mind when it comes to spending.

0 (0)
Article Rating (No Votes)
Rate this article
Attachments
There are no attachments for this article.
Comments
There are no comments for this article. Be the first to post a comment.
Full Name
Email Address
Security Code Security Code
Related Articles RSS Feed
Stay in Belize with a Belize Work Permit
Viewed 2463 times since Sat, Jan 24, 2015
Frequently Asked Questions About the Qualified Retirement Program (QRP) in Belize
Viewed 2677 times since Sat, Jan 24, 2015
The Top 11 Reasons to Invest in Belize
Viewed 9247 times since Wed, Nov 6, 2013
What’s the best way to get cash on AC if you run out?
Viewed 15248 times since Wed, Apr 1, 2009
Immigration Procedures for Students: Where do non-Belizean students go to obtain "student visas/permits" to study in Belize?
Viewed 3864 times since Tue, Mar 20, 2012
Belize Immigration
Viewed 7753 times since Sat, Jan 24, 2015
Jobs: Belize – typical sectors & locations
Viewed 8146 times since Sat, Jan 24, 2015
Permanent Residency application
Viewed 2466 times since Sat, Jan 24, 2015
Accounting Records (Maintenance) Act 2013
Viewed 5468 times since Tue, Nov 12, 2013
I would love to know costs of services from locals living on Ambergris. Please give all price in Belize dollars.
Viewed 20331 times since Wed, Dec 6, 2006