In Belize’s Cayo District, you’ll notice that nearly everyone speaks English — it’s the official language in the small, Central American country.
Plus, your money will go further because the Belize dollar is pegged to the U.S. dollar at a fixed rate of 2 to 1. The cost of living is about 21 percent lower than the U.S., according to Numbeo.com, another collaborative website that compares the cost of living in different cities.
With Belize’s Qualified Retired Persons visa, which you can get as long as you are over age 45, you can be granted permanent residency, which will give you an exemption from the country’s income, capital gains and estate taxes.
