Posted: Friday, September 4, 2020. 11:34 am CST.
By BBN Staff: Greater Fort Wayne Inc., (GFW) the chamber of commerce and economic development organization for Fort Wayne & Allen County, Indiana, USA, has named Belize as one of the 50 places expatriates should consider spending their retirement.
GFW’s Business Weekly column published an article this week titled “What retirement is like in 50 places around the world,” which noted that the average American needs US$1 million to achieve their retirement dreams, but that figure has many of them looking outside the US to spend their retirement.
The countries taking the top three spots were Costa Rica, Canada, and Japan, while the company placed Belize 19th on the list, though no major emphasis was placed on ranking. Belize was listed before Czech Republic and after Italy. The article markets Belize as “An English-speaking party capital,” noting that it is a good option for expats who do not want to have to learn a new language.
“Belize has a reputation as a party country, its health care system isn’t modern, and Western cultural offerings (like theater and opera) are limited,” GFW said.
There has been an increasing amount of articles along the lines of encouraging expats to retire in Belize. The exposure can have economic benefits to the country as an increasing expat population would result in more money circulating in the areas in which they settle. Belize has growing expat communities in Corozal, Placencia, San Pedro, and Cayo, among other places.
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