Let's talk about it... I hear good things, like a good medical system, they speak English, and you can live there tax free with $2k a month income, and cheap land.
I love Belize. Been many times. Even did my field work in anthropology (digging in Mayan ruins) for UT in that fine country. Also, crack is easily accessible in Belize City.
I talked to a guy today who is planning on moving there in five years. He's looking at 20 acres of beachfront property for $170k. Probably a king's ransom there, too. Has me interested.
I seem to recall reading about this maneuver (retiring to Belize) in Business Week a few years ago. IIRC it can be great and has some good incentives but crime was a real problem, medical care was not-so-good, and the government was a bribe machine. Still, cheap and pretty.
<iframe src="http://player.vimeo.com/video/4974886?title=0&byline=0&portrait=0" width="400" height="300" frameborder="0" webkitAllowFullScreen allowFullScreen></iframe><p><a href="http://vimeo.com/4974886">Human Bot Fly Removal</a> from <a href="http://vimeo.com/user1846328">Eli Adler</a> on <a href="http://vimeo.com">Vimeo</a>.</p>
There are usually stories in various finance magazines about people wanting to retire to Central or South America when they retire because of the cheapness of land. Many of them do ok, but others sometimes regret it because it wasn't what they expected or they find they can't give up a lot of the luxuries they're used to in the States. I've already determined I'm going to buy about 5-20 acres in the country somewhere (this country) and if I want to travel, I'll go visit out-of-country places. I don't think I could adjust easily to living elsewhere. I'd rather deal with the corruption in the US than in other countries. lol.
Blond haired, blue-eyed American comes in and buys up property with his riches....what could go wrong? Sold!
I don't enough about it, although I've heard good things. I know that Nicaragua is also growing in popularity but for now prices are pretty low on land. You could definitely get some beach front property there for a low price.
An Ukrainian immigrant goes to the Department of Motor Vehicles to apply for a driver's license. He has to take an eye test. The clerk shows him a card with the letters: C Z W I X N O S T A C Z "Can you read this?" the clerk asks. Read it?" the Ukrainian replies, "I know the guy."