Posts Tagged ‘Retirement’

Belize Real Estate: Retirement Haven in Belize

Article by Real Estate Belize

Retiring in Belize is one of the best decisions one can make. There are a lot of advantages and perks one can have in simply applying for Belize’s Qualified Retired Persons Program (QRP). The population of people retiring in the country has increased significantly ever since the QRP has been introduced.

Because of this, the Belize real estate market has also increased their properties for sale. The number of communities and homes has increased over the past years to accommodate people looking for vacation homes and permanent homes. Whether they are expatriates or retirees seeking a peaceful life in the heart of paradise or people who are simply up for great adventures and unraveling the mysteries of the world, this is the perfect place to build their homes.

Retirees here get to be permanent residents easily and they only need to be at least 45 years old. A lot of people have taken advantage of this to help with the marketing of real estate properties. In going through the QRP, you won’t have to pay for income tax earned outside the country or the money you bring into the country. The requirements of the program are not hard to fulfill, and people easily get accepted here.

This amazing program has really attracted a lot of foreigners to consider living in the country permanently. This means they have also taken the time to search for a place to live in, and sometimes retirees just get tired and give up looking for that perfect place.

If you really want a place where you can truly enjoy the rest of your days then look no further than Sanctuary Belize. This place is perfect for everyone, whether you are an expatriate looking for that wonderful vacation home or a retiree prepared to live the rest of your life in paradise.

Belize real estate properties aren’t that expensive. In Sanctuary Belize, one can acquire a luxurious home here without having to rob a bank. Gorgeous homes don’t have to cost so much and this is true in this community. Retirees will definitely love this place because of the security and convenience it offers for its residences.

Amenities, such as the equestrian center, provide the homeowners easy ways of getting around the place without breaking much of a sweat. Moreover, exploring the area mounted on a horse can be quite a refreshing experience. If you think you need some pampering then the private resort and spa is available for some relaxing activities such as a massage and total pampering. When it comes to replenishing your supplies, you don’t have to leave the community since the Marina Village is there for that. Shopping and dining has been infused in this place to give you the ultimate convenience.

Birdwatching and fly fishing are two of the most popular activities people are getting into. If you are not into extreme water sports then this may be for you. Easily done within the community, birdwatching is one of the most relaxing and most fun activities for both adults and children. Fly fishing also is one sport that doesn’t require much stamina, but delivers a fulfilling and exciting experience all the same.

Living in peace in this area would be as easy as breathing. Surrounded by natural beauty and breathtaking sceneries, Sanctuary Belize is the perfect place for everyone.

About the Author

Belize – simply a paradise. Own a piece of that Jewel now! SanctuaryBelize.com is the best belize real estate for you. They offer buyers from all walks of life, the opportunity to maximize the benefits of property ownership in Belize. No other community offers such abundant natural beauty, modern amenities, and return potential – for so little investment.

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Reverse Mortgage Income After Retirement

As you approach retirement age you may want to think about getting a reverse mortgage loan to supplement your retirement income. After going through a long and tiring life filled with hard work, you may look forward to retiring with a stable and steady stream of income and being able to live off it comfortably. For many Americans, this means income derived from retirement plans, Social Security and any investments they may have made during their working lives.

One of the other most popular and widespread ways of supplementing retirement income is to take out a reverse mortgage on your property. There are many banks and reverse mortgage lenders in the market today that provide reverse mortgages, and the market has become very competitive which makes the programs more beneficial for the customer.

We know we should begin planning for retirement early. To ensure you survive retirement comfortably it is best to plan as early as possible. For many, the best way to enhance your retirement plan is through a Reverse Mortgage. A reverse mortgage is quite simply a way to access the equity in your home to provide you tax free income with no monthly payments. Most importantly senior home owners age 62 or above are federally eligible to apply and qualify for reverse mortgage loans after going through a mandatory counseling process.

There are several options for receiving payout from a reverse mortgage. You can receive fixed, monthly payments for a period of time; get a lump-sum payment; open a line of credit that you can draw against; or you can receive some combination of these options. You don’t have to stick with a payment option forever. You may be able to change your payment option in the future.  The money doesn’t have to be paid back to the lender during the lifetime of the borrower. The principal and interest become payable only when the home owner passes away or moves out of the reverse mortgaged property.

The  additional or extra line of income derived from a reverse mortgage can help put seniors at financial ease and enable them to gain confidence about their social position and spending ability in retirement. The money can be used any way they see fit – be it for travel, vacation, medical expenses, education expenses of grand children, home remodeling, anything!

The additional level of available money from a reverse mortgage offers senior home-owners peace of mind and stability so they can live their pre-retirement lifestyles without any fear of cash deficiency.

Reverse mortgage income is not taxable either; for the government considers it inappropriate to tax you on property you already own .Taken in perspective, reverse mortgages are good as an additional line of income for the senior home-owners looking to improve upon their lifestyles with a more money in their pockets. The homeowner doesn’t pay a mortgage; instead he receives payment from the lender in exchange for a stake in the value of the home. Check how much you can get from your Reverse Mortgage? We’ve helped thousand of senior homeowners solve their financial questions, it’s time we help you.

For FREE reverse mortgage counseling, Give us a call. We will be more than happy to answer any questions that you may have. Or if you’d like to find out how money you qualify for and if you’re eligible, feel free to give us a call at (800)630-0650.
Tim Jacobs
Golden Years Mortgage Solutions
Your Money…When You Need It
www.GoldenYearsMortgageSolutions.com
(800)630-0650
tim@goldenyearsmortgagesolutions.com

Tim Jacobs @ Golden Years Mortgage Solutions www.GoldenYearsMortgageSolutions.com  (800)630-0650 tim@goldenyearsmortgagesolutions.com Golden Years Mortgage Solutions is a reverse mortgage approved FHA Lender. We’ve helped thousands of senior homeowners solve their financial problems. Our agents and brokers collectively have over 60 years of experience in Reverse Mortgage Loans and general financial services, including managers who are industry pioneers with more than 12 years of reverse mortgage experience. Our dedication to providing financial solutions for seniors is evidenced by the number of referrals that come from our existing clients.

Why You Should Consider Getting A Reverse Mortgage

A few years ago, if you had told someone that you had a reverse mortgage, you would have gotten a look that said, “Oh, I’m sorry you had to take one of those.” It was considered a product of the destitute. Today, you are more likely to have a conversation of curiosity. People will want to know what you think about the experience.

It’s true. Reverse mortgages have gone mainstream. They are enjoying unprecedented po Read the rest of this entry »