Next
door is Chetumal, population around 260,000, capital of the Mexican state
of Quintana Roo, with its good, low-cost medical care and inexpensive shopping.
While Corozal Town has only small grocery stores, inexpensive local restaurants
and little shops, Chetumal has large supermarkets, Wal Mart-style super
centers, department stores, multiplex cinemas and even McDonald’s and Burger
King.
The appeal
of Corozal is clear: Corozaleños are friendly, the crime rate
is lower than in some other areas of Belize, though there has been an increase
in crime of late, and the climate is sunny with less rain than almost anywhere
else in Belize, around 50 inches a year, about the same as Atlanta.
Best of all,
housing and real estate prices are a bargain, with large bayfront building
lots going for US$60,000, bay view lots for less than US$20,000, and modern
large homes built to U.S. standards available for US$100,000 to $200,000.
Belizean style homes are much less, and some expats have built simple but
attractive homes for less than US$50,000. Building costs for concrete
construction run US$35 to $55 or $60 a square foot, and rentals range from
US$200 to $800 or so a month, the latter for a pleasant, modern three or
four-bedroom house.
Most foreign
residents of Corozal say that can live pretty well for less than they could
in the U.S. and Canada. Although gasoline and electric costs are
two to three times higher than back home, taxes, insurance, medical care,
restaurant meals and most personal services are cheaper. A carpenter
or mason, for example, gets only about US$25 a day, and a maid or gardener
around US$15. Grocery prices aren’t a bargain, but local fruits and
any foods grown or made in Belize are very affordable. Chetumal is
nearby for big-ticket purchases.
No one knows
for sure how many foreign retirees and other expats live in the Corozal
Town area, but the best estimates are that the total is around 300 to 400.
Some live in Corozal Town proper, and others live a few miles north in
the Consejo area or in other nearby communities.
Three of Belize's
banks, Scotia Bank, Belize Bank, and Atlantic Bank, have branches in Corozal
Town, and Belize Bank has an ATM that works with foreign-issued ATM cards.
The town has
a Rotary Club and a few other local organizations of interest to foreign
residents. An informal expat association meets monthly for lunch.
Attendance is usually around 40 to 50 people. Some foreign residents
take courses at Corozal Junior College. Tuition costs are nominal.
Corozal Town has a small public library. Local cable TV has more
than 30 channels, some in Spanish but most in English, for under US$20
a month.
BOQUETE
PROFILE - After being spotlighted as one of the best places in the
world to retire by Forbes, Fortune and AARP’s Modern Maturity, Boquete
(pronounced Boh-Keh-Teh) has become a hot spot for baby boomers looking
for a retirement location, and the real estate market in Boquete has started
to sizzle.
Boquete is
in the Highlands of Chiriquí (pronounced Chee-Reh-Kee), about 300
miles west of Panama City, and 55 miles northeast of the Costa Rica border
at Paso Canoas.
From the Lowlands
city of David (pronounced Dah-Veed), less than 25 miles away, an unpretentious
small city of 80,000, you drive north on a good, paved country road to
Boquete. The roadway slopes gradually upward. David is at about
100 feet elevation. The town of Boquete is at around 3,000 to 3,700
feet, and the areas just north of Boquete are at 4,000 to 6,000 feet, with
Volcan Baru topping out at 11,411 feet.
As you enter
Boquete, the red zinc and tile roofs of the town are spread out in a valley
below you. A good viewing point is the IPAC (Tourism Panama) office,
in a handsome building on the south side of town. The name Boquete
means “between two mountains.” The town has a population of around
5,000, with close to 16,000 people in the entire Boquete district.
Boquete is
also nicknamed “the city of flowers and coffee,” and both are in abundance
here. Flowers and tropical plants grow in lush arrays around Boquete.
Wild impatiens cling to the mountainsides, orchids are in the trees, and
roses, bougainvillea and colea are in many yards. Eucalyptus
trees, silvery green, add texture to the hillsides.
About 50,000
acres of coffee is in production in Panama, and the best of the country’s
Arabica coffee is grown above 3,000 feet in the Chiriquí Highlands.
The highest quality coffee is shade-grown, organic and handpicked.
Kotowa, Café Ruiz, Hacienda La Esmeralda and Lamastus Family Estates
are among the higher quality coffee operations in Boquete. The coffee
beans turn cherry red and are harvested in this area in October and November.
Each January, Boquete celebrates its twin passions with the Festival de
Flores y Café. In April, there is an orchid festival.
The dark, rich
volcanic soil makes the Highlands the breadbasket of Panama. Above
Boquete and around Volcan and Cerro Punta large fields of onions, potatoes
and other vegetables are intensely cultivated.
With more than
500 American, Canadian and other expats living at least part of the year
in Boquete, and with increasing tourism from both foreigners and Panamanians,
a number of new restaurants and tourism activities have sprung up.
The downtown area, basically only two streets wide, has a dozen or so restaurants,
a new deli with a selection of imported items, and two well-stocked groceries.
The climate
here is dubbed “eternal spring.” While it is spring like, at times
it can get warm during the day, especially in Boquete town and south of
town at the lower elevations. Temps in the high 70s or low 80s F.
are not unusual. At night, though, it cools down. Most homes
require neither air-conditioning nor heat, except perhaps for a fireplace,
although interestingly the tourism office in Boquete does have central
air conditioning. At the higher elevations around Cerro Punta and
up Volcan Baru, it can get positively chilly, and you may need a sweater
at night. Boquete and the Highlands get considerable rain.
One weather station near Boquete reported an average of about 131 inches
of rain annually, two to three times the average in much of the U.S. Southeast.
While rain can come in torrents, often it comes as a bajareque, or drizzle,
in the afternoon. When that happens, rainbows are common.
Panama is south
of the hurricane belt, but earthquakes are possible. Volcan Baru,
while dormant for at least 800 years, could awaken.
Residents of
Boquete have access to good medical care at hospitals and clinics in David,
about a half hour away.