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Saturday, October 11th, 2008
The benefits of the Belize retired persons’ incentive programme are well known and understood by the many North Americans who make use of it annually, but for Britons and Europeans, the scheme is lesser known and therefore lesser exploited. We aim to put that right today as we explore the massive financial and lifestyle benefits that this impressive and competitive scheme offers qualifying persons over the age of 45.
At the current time we’re all looking for ways to save money, enhance any income or savings that we have, and all the while the governments and financial institutions of the world seem to be hampering and restricting our efforts with their poor decision making efforts – but there is a location in the world where one can legitimately live 100% income tax free and reside in a tropical paradise at the same time. The nation in question is Belize…
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You may be wondering about the strange title for this article – the concept of time when living in Belize? What’s she on about? Well, the fact of the matter is, in Belize time is taken less seriously than in the UK, time is languid and laid back, and barring all emergencies, you need to get used to everything taking a lot more time and there actually being less time in the day to achieve your list of many things to do once you move to Belize!
The Belizeans are a laid back lot and this is all to the good – you should get used to being more relaxed about life if you’re planning on retiring to Belize or moving there to work and raise a family. But there is a huge cultural shift required between your current high pace lifestyle and the one you will have to adapt to once you move to Belize. In this article we look at ways to cope!
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The thought of living in a tropical paradise where the sea is warm year round, you wake up to a world full of exotic flora and fauna every day and where the sand is white, the lifestyle is laidback and the sun almost always seems to shine lures many expats to live in Belize annually.
Now whilst the above perceived reality may be a little embellished – you get the general idea! Belize is considered a stunning oasis and a great place to live, work or retire for many from Northern Europe and North America…but not everything about living in Belize is so perfect. So, if you’re considering
relocation, let’s examine what Brits living in Belize love and hate about the country.
Coming in at number four in the Sunday Times list of top destinations for British retirees is Belize! The report entitled: “Revealed: the best places in the world for retirement,” decided not to look necessarily at the top places Britons were currently choosing, but at the nations they should be considering for the best retirement overseas – which is why Belize ranks above Spain, and Panama even ranks above France in the findings.
Retirement in Belize can indeed offer Brits, Europeans and North Americans a more cost effective, tax efficient lifestyle in retirement, and whilst the Sunday Times report focused a great deal on the financial aspects of the locations it rated, there are more than just fiscal facts supporting Belize’s bid for a place in the top five most favourable places to retire, as this article will hopefully demonstrate!
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If you’re looking for a nation in which you can afford to live a comfortable life, buy an attractive property, legally reduce your taxes, not have to learn another language and enjoy a laidback lifestyle, Belize could very well be the country you have been looking for!
If it sounds too good to be true it isn’t – sure, there are some downsides to living in Belize, but for the vast majority of people who expatriate to live there, life becomes almost instantly more enjoyable and rewarding. This is the Shelter Offshore basic guide to living in Belize so that you can take some time out, read, absorb the information and determine whether Belize could be the right nation for you to move to, retire to or invest in perhaps.
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