Belize listed among cheapest countries for retirees

By Zoila Palma Gonzalez: Every year, many American and Canadian retirees purchase their piece of paradise and move to Belize.

Boasting beautiful beaches, rich culture and diverse food dishes, our jewel has become a favorite for retirees.

Insider Monkey has listed the 15 cheapest countries to live in Central and South America.

For those earning in U.S. dollars and Euros, countries in Central and South America are the first option since the cost of living is considerably more manageable compared to the US or Europe.

Throughout these regions, goods and services are priced much lower than in the United States, enabling residents to spend significantly less on a monthly basis.

Listed at number 3 is Belize with an average cost of living at $840.

“While the economy historically relied on agriculture, significant restructuring has occurred since the 1990s. Currently, services-based activities dominate the economic landscape. Tourism is the major source of foreign income in the country. It is 2.67 times cheaper to live in Belize than in the United States,” the article noted.

Belize is renowned for its vibrant culture, beaches, rivers, majestic waterfalls and warm hospitality.

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