Attention snowbirds! Retire in Belize - MoneySense

Attention snowbirds! Retire in Belize

Tropical nation has numerous selling points.



Online only.


Nestled comfortably between Mexico and Guatemala lies what may be the next big thing for Canadian retirees: Belize.

The only English-speaking country in Central America, Belize has a population of just 300,000 and 40% of the country consists of beaches, ruins, jungle resorts and parks.

To establish residency in Belize you are required to be over the age of 45 and have US$2,000 a month in income. You are allowed to vote, are not taxed on foreign income, and can buy an 800-square foot condo on the beach for US$250,000.

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