Forbes Picks Belize as Top Retirement Spot

Forbes Magazine’s choice of Belize as a top retirement spot confirms the tiny Caribbean country’s reputation as not only a desirable place to visit, but as a great place to live, Chaa Creek’s business manager Peter Tonti said.

The current (November 2012) online edition of Forbes Magazine features Belize as one of “15 Top Foreign Retirement Havens.”

In its introduction, Forbes’ photo feature states that, “Living overseas is different from just visiting. Before you retire to a foreign country, consider not just the weather and cost of living, but also healthcare; safety; tax and visa requirements; and how friendly the country is to foreigners. Here are some possibilities,” and then goes on to list fifteen of what it considers the world’s best retirement choices.

The authoritative magazine, known for astute investment advice and articles on subjects such as international trade and monetary news, recommends Belize and said that, “Belize has tropical rain forests, mountains and beaches. As an incentive to retire there, it offers people 45 and older who have a retirement income of at least $2,000 per month, a tax exemption on all income generated (through work or investments) outside of Belize.”