If you are looking for the ideal place to move after you retire, or if your work can be done remotely and you want a more peaceful life, here are four islands in the Caribbean where you could afford to live in. Read on!
According to CNBC, a new report from International Living determined some of the best and most affordable Caribbean Islands to live on.
The Covid-19 pandemic changed absolutely every aspect of daily life, and the months of confinement have made many think about moving to more open and quiet places once it is safe to travel.
The months at home, without being able to go to the usual places of work, have made working from home a possibility for many and there are those who plan to make this permanent.
Most companies and businesses have had to adapt their logistics and implement remote work and, therefore, many people can now contemplate the possibility of moving outside the big cities, without the need to give up their jobs.
On the other hand, people who have the age to retire, also choose to enjoy their well-deserved rest from work in quieter places.
If you are included in any of these groups, the Caribbean islands are always a good option due to their wonderful landscapes and their relaxed lifestyle.
Although living in the Caribbean may sound very expensive, there are beautiful places where it is affordable to live.
Here are the top four most affordable Caribbean Islands, according to International Living.
Las Terrenas, Dominican Republic
Las Terrenas is only a short flight from New York City and has some of the best beaches in the world.
A one-bedroom, one-bathroom loft apartment can cost as little as $100,000, and a couple can live comfortably for about $2,000 to $3,000 a month.
Ambergris Caye, Belize
Ambergris Caye is the largest island in Belize, known for housing the Belize Barrier Reef, and is popular among ex-pats for its reliable internet and cell phone coverage.
A couple can live comfortably for around $2,950 to $3,150 per month, including the rental of a house or apartment.
Isla Colón, Panama
Though Isla Colón is known for tourism, it is also a laid-back place to live in.
Rent for a one-or-two bedroom home could range from as little as $600 to $1,200 a month.
Isla Mujeres, Mexico
Though Isla Mujeres is only about 8 miles from Cancun, it’s cheaper.
For example, a one-bedroom, two-bathroom penthouse condo with a view starts at $230,000 to own, and rent for a one-bedroom apartment is around $700 to $1000 a month.