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According to Liz Pulliam Weston, writing for MSN Money, some one million American retirees are living abroad. There are numerous countries where the cost of living is considerably lower and where retirement dollars can be stretched a good bit further. This can be a very important consideration for those facing the prospect of retiring on a modest fixed income.
Belize, a small country about the size of Massachusetts (8,867 square miles) and located on the east coast of Central America, is one country frequently considered by Americans contemplating expat retirement living. Formerly known as British Honduras, the country was renamed Belize in 1973, eight years before being granted independence in 1981. Due to its British colonial heritage, unique among its Central American neighbors, English is the official language of Belize.
Retirement living in Belize can be considerable less expensive than in the U.S. but that isn't all the country has going for it. In addition to lower costs of living and frost-free, subtropical climate, Belize boasts an impressive array of cultural and ecological treasures. Lush rain forests, beautiful beaches, the world's second longest barrier reef (longest in the Western Hemisphere), and an extensive collection of ancient Mayan ruins are a few other things that make Belize an attractive retirement living destination.
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