12 Great Places to Retire Abroad on a Budget

Belize

A former British colony, Belize is the only nation south of the U.S. border where English is the official language. The U.S. dollar is accepted, too. The ease of transition comes at a price: Belize is not the cheapest nation in Latin America, and the minimum retirement income for a visa is twice that of Panama. To make up for the expense, Belize has some of the most beautiful coast, islands, snorkeling, and scuba diving in the world and all at bargain prices.