Living In Belize

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FAQs

1. What is it like living in Belize?

While you can find very modern subdivisions and highly populated tourist areas, most villages are like stepping back in time 50 years. Many of the roads are still gravel, the pace is slow, the weather is magnificent and the country is beautiful.  It’s nickname of “the jewel” is certainly justified.  

The terrain is surprisingly varied for a country so small. While the temperatures may not fluctuate as much across the country, rainfall certainly does. Northern Belize sees around 60 inches of rain a year while southern Belize averages 2.5 times that amount, around 160 inches of rain a year. As a result, specific areas of the country are known for producing different agricultural products.  

The population is diversified and is a wonderful opportunity to meet people from all over the world.  Northern and western Belize have a large Mestizo population, you'll find a heavy Creole influence on the coast, Garifuna culture around Dangriga and Hopkins, and further south in the Toledo district there are still strong Mayan roots. You'll find East Indian, Chinese, Arab, and other Central American immigrants in many larger towns and cities. There are a few dozen Mennonite Farming  communities (many, but not all, in rural areas) throughout the country that grow most of the food that we enjoy and export. Most of the expats that you'll meet in Belize are from North America (Canadian or American). Combine it all and Belize has a wealth of culture hidden in it's small size.  

 Excerpt from the article "Life's A Beach in Belize". View the entire article at:

http://www.vancouversun.com/travel/Life+Beach+Belize/803958/story.html

 Life’s A Beach in Belize

Ecotourism and Oceanfront main attractions

Nestled in the Caribbean, Belize’s barrier reef, the second largest in the world, and Mayan ruins are drawing tourists and property buyers.  A growing eco-tourism sector and English speaking populace add to the attraction.  Where is it?  Belize is a small Central American country on the Caribbean Sea, bordered by Mexico to the North and Guatemala to the West.

 What’s so special about it ?

The Country was previously known as British Honduras until 1973.  It gained independence in 1981, after more than a century as a British colony, but remains part of the Commonwealth and English is its official language.   Two thirds of the country is covered in lush forests and the 386 kilometer coastline is guarded by a barrier reef.  With a population of just over 300,000, Belize was named “the best long-range investment site in the Caribbean”  by Caribbean Dateline Magazine.

Best kept secrets Belize has striven to develop its Eco-tourism market.  It’s jungles and reefs are home to a diverse array of flora and fauna, including endangered species, such as the manatee and jaguar.  Tourism is now the second biggest industry in the country, accounting for 18% of GDP.

2. What is the cost of living?

This seems to be the most frequently asked question of all and one of the hardest ones to answer, as it really depends on your lifestyle.  Purchasing the local products are very economical while purchasing imports products can be quite expensive. Belize can have a higher cost of living than other parts of Central America, but it also enjoys the highest standard of living. Prices below are listed in US dollars. 

Let's start with the basics:

3. How do I open a bank account in Belize?

NEW RULEYou must have your work permit and social security card OR be accepted into the Qualified Retirement Program before you will be able to get a Belize Bank Account. 

You MUST bring a letter of recommendation from two of the banks that you currently do business with.  This letter will include how long your relationship has existed, etc. This letter will need to be signed by someone at your bank, along with their contact information, e-mail address, fax number and telephone number.  

When you make an application here in Belize, they will contact the people on the reference letters.  They usually require the banking institution in the United States to send a fax to Belize, to verify the validity of the reference letter.  Additionally you will need to bring some of your utility bills with you from your existing home base, so they may verify your address abroad. You will also need a Belize address, along with your own electric meter info. (your own or a letter from your landlord) and two government issued photo IDs, one of them being your passport. This process takes a few days to complete and some pre-planning.   Is it easy?…… no……. is it possible?……absolutely!