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Investing in Belize Provides a Lower Cost of Living

Posted by Mike Cobb on Jan 13, 2016 12:38:27 PM
Mike Cobb


The reasons to invest in Belize are countless. If you're on the search for a vacation property where you can relax with friends and family, you'll find a variety of amazing spots to call home right on the beach. If you're looking for a worthy investment that can deliver a great return on your investment, the real estate market in Belize is the perfect place to invest.

Belize boasts a vibrant community, breathtaking scenery and some of the best beaches in the world. From a financial perspective, the cost of living in Belize can also be very appealing.

Find out just how low the cost of living can be and why that should be a contributing factor in your decision to invest in Belize.

Affordable Property Prices

Whether you vacation in Belize for a few weeks a year or plan to retire at Grand Baymen, one of the biggest costs you will encounter will be the property itself.

At first glance, you might be led to believe that a beachfront condo with world-class amenities and proximity to the town of San Pedro could be expensive.

In reality, however, prices run as low as $99,000. Even people who never before dreamed that they could live in such an amazing location can turn their dream into a reality by investing in Belize.

Free Recreational Activities

Although plenty of investors with property in Belize work full-time, many use their beachfront getaways as a place to relax and enjoy life. In some resort-style areas, particularly in North America, just relaxing and enjoying the great outdoors can be a pricey experience.

In Belize, however, there are countless ways for you to enjoy your natural surroundings without spending a penny.

Grand Baymen offers amenities like swimming pools, fitness facilities and walkways for jogging or cycling, all of which are free to residents.

There is also the siren song of the white sand beach, which is the ultimate spot to soak up the sun, go for a refreshing afternoon swim or practice yoga at sunrise.

Inexpensive Utilities

As you're budgeting for life in Belize, one vital expense will be utilities. In some developing or Latin American nations, this can be a substantial cost.

In Belize, however, it remains affordable. According to the Caribbean Association of Electric Utilities, energy costs in Belize are among the lowest in all of the Caribbean. 

Surprisingly Cheap Medical Care

At any age, medical care should be a priority. In retirement, however, it becomes a major focus. Investing in Belize might only seem like a viable option if there is reasonable health care at a reasonable price.

If you're used to North American health care prices, you will be pleasantly surprised to find out just how inexpensive medical attention and prescriptions can be in Belize.

Even with affordable prices, the medical facilities in Belize, and on Ambergris Caye in particular, are world-class. 

Affordable Dining and Entertainment

Part of the appeal of investing in Belize is having the opportunity to live life to the fullest.

At Grand Baymen, you'll be able to live luxuriously without making sacrifices when it comes to dining out. Local restaurants serve up amazing cuisine, and they often do so for less than what you might pay back home.

Investing in Belize provides you with incredible financial opportunity and the chance to own your own piece of paradise, but the low cost of living is a major benefit you won't want to overlook.

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Topics: Investing in Belize

Mike Cobb

Written by Mike Cobb

In 1996, Michael K. Cobb and his business partner formed a company, Exotic Caye International, to provide loans to North Americans purchasing properties in Belize, Honduras, Costa Rica, and throughout the region. With a strong focus on consumer need, Mr. Cobb accurately predicted the growing demand for high quality, residential product for North American "baby boomer" retirees in the region. He led the group into real estate development and created a holding company called ECI Development for several properties, including a resort on Ambergris Caye, Belize. Michael speaks at dozens of international conferences annually about offshore real estate finance, development, and ownership. He was a consultant to The Oxford Club, hosted a weekly radio program, contributes regularly to overseas publications, sits on the board of several international companies, gives counsel to various real estate projects throughout Central America, and serves on the Board of Directors and the President’s Advisory Group for the National Association of Realtors, NAR.