I had lived in New York all my life until moving to Florida 12 years ago and I never thought I would have wanted to live anywhere else, but I am building my second home in Placencia. Over the last 10 years, I have come to love Belize.
The best thing about retiring in Belize is that it brings back the old America and capitalism. The government has less power and the people have more. The government is very friendly towards people coming to Belize who spend the American dollar. This helps the retirees, especially because Belize offers so much.
Some people can join the Belize retirement program at age 45. They are not exactly retired but they also do not have to work. These are the people who do not want to work for someone but want to start their business and do it part time.
For the retirees, there is a lot to do in Placencia. There are water sports, snorkeling, scuba diving, boating and fishing. Belize is Top 3 in the world in these activities. Then there’s the eco-natural side. There are mountains, Mayan ruins, and you can go caving, tubing and island hopping. You can keep yourself as busy as you want. Alternatively, you can just sit and read a book and watch the beautiful sunset.
Belize is one of the most beautiful countries in the world and Placencia is just beautiful. The people are super friendly. Everyone speaks English. The government is very pro tourism and pro real estate buyers. They make life for retirees much more golden than retirees would have experienced if they retired in the United States.
A positive aspect of living and retiring in Placencia that is worth emphasizing is that everyone speaks English, so it makes life for someone wanting to retire in Belize very simple. You don’t need an interpreter. Your documents are in English. The contracts are in English. Real estate transactions are in English. Your retirement program is simple to understand.
Another positive to retiring in Belize is that you can buy a lot with the American dollar. (The Belize dollar is pegged at 2 Belize dollars to one American dollar.)
These are the best things about retiring and living in Placencia. In terms of the worst things about retiring and living in Placencia Is the fact that, even though it is up and coming, Belize is a Third World country. Therefore, things don’t get as done as quickly as one would like, but if you’re retiring, why would you want to be in that kind of rush?
Perhaps there are not so many things to do at night but our project is working on that. We are building an amphitheater and we’ll have every type of business known to mankind at the end of the day.
Placencia is just a beautiful place to retire. I definitely think there are more positives than negatives and the negatives aren’t truly negatives; it’s just a matter of adjusting.
(The upcoming Marina Village, a mix of restaurants and cafés, bars, boutiques, live music venues, condos connected by a promenade along the waterfront of Placencia, Belize, pictured.)