Will I save money living in Belize?
We asked expats if they save money living in Belize. They said...
"We have done very well living just on our social security monthly payments. We were able to purchase an automobile to facilitate shopping in neighboring village and cities," remarked another expat who made the move to Hopkins Village, Belize.
"Living in Belize can be financially advantageous compared to the United States, as the cost of living is lower. Goods and services, including basic food staples, entertainment, transportation and healthcare are all significantly less expensive than in the United States. Furthermore, utility bills such as electricity, water and Internet services tend to be lower. Additionally, Belize has a favorable tax system which offers many benefits for expats," explained one expat living in Belize.
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Other Questions:
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- What do I need to know when buying property in Belize?
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Will I save money living in Belize?
If you live in Belize, newcomers to Belize would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.