Expat Community > Belize

jjstephens
Joined 2016
Posts: 15

Buying property...and more

8 years ago

Wife & I will be relocating to Belize when we retire in 4 or 5 years. For now we're just gathering info. I have a couple questions;
1) We plan to rent for the first 6-12 months while we're figuring out where to settle permanently. Our initial thinking is a country setting within about 20 miles of Belmopan. We'll likely buy some land and build unless an existing house too good to pass up presents itself.
When we do make the move we'll get an attorney to help with the purchase but I'm hoping someone can help with a question that keeps popping into my head.
Here in the US we created a living trust and put all our property into it. Is doing something like that advisable in Belize and (if so) will we need to create a new living trust there? I'm guessing a new trust will be required but I'd prefer to hear from someone who knows.
2) I've gotten mixed info about the availability of health insurance. Since we won't be able to use our Medicare, what are our options?
3) Yesterday it was 9(F) and we got 3 inches of snow. Is the weather really any better in Belize (he asks with his tongue firmly planted in the left side of his cheek)?

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