Is the cost of living in San Pedro high?

"San Pedro is the TOWN on Ambergris Caye. Same place. Monthly expenses (not living rich but nice will run you approx. $1,500 - $2,000 per month. You will need a work permit (yes, even to teach online). That will cost you total to go through all paperwork around $2,500 BZD ($1,250 usd), per year. If you want transportation, you can buy a bike for a few hundred bucks. If you want a golf cart, to purchase you’re looking at $3,000 USD - $12,000 USD depending on whether you want a used fixer or brand new. Permitting cost there as well. You can rent a golf cart for $400USD per month. Basic cost (food will vary depending on how much you eat out and if you buy American items at the grocery store or not (anything you get in the US that you can’t live without - just plan to pay DOUBLE what you do in the US. Import duties, shipping to Belize city, then shipping to ambergris and then it’s DOUBLE. So, for a single person, eating out twice a week at areal sit down restaurant (one lunch, one dinner), you can do street food stands a little cheaper, it would be something like this (assuming a US quality housing arrangement: Rent -$650 - $1,000 Cable/internet - $70 Water - $25 Electricity - $ 150 - $250 Food - $200-$400 Entertainment/restaurants - $200 Golf cart rental - $400 Visa stamp - $25 (+ work permit app mentioned above) $1750 - $2,500 depending on lifestyle. $1,500 minimum," commented one expat who made the move to San Pedro, Belize.

SJB Global
Connect

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

Click connect to have our partner contact you via e-mail and/or phone.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect

Click connect to have our partner contact you via e-mail and/or phone.