Top 8 Reasons Why Expats Should Move to the Caribbean

by David Tompkins

Expats In Caribbean

Learn Why Expats Should Think About Living in the Caribbean

What’s the first thing that comes to mind when you think about to move to the Caribbean Islands? You will picture beautiful pristine beaches, mesmerizing landscapes, and tropical climate, all ready to welcome you with open hands. That’s indeed very close to how it is, giving you the perfect spot to get away and settle down in one of the most beautiful paradises on earth. If you have plans to retire permanently and want to lead a peaceful life goring forward, Caribbean Islands are just where you can straightaway head to.

Of course, you will always need to check a mental list of everything great about a place before actually moving there. In case you are wondering if the Caribbean Islands indeed have what it takes to enjoy the best of retirement life.

Here are the top 8 reasons that set this beautiful zone a class apart from everywhere else.

1.  It is Simply Beautiful

Caribbean Islands are bestowed with one of the best natural settings that make the island surroundings a view to behold. The waters around the islands are crystal clear and are filled with lots of incredible coral reefs that ably complement the blissful beaches of the Caribbean. Within the seas, you can easily locate sharks, stingrays, and turtles any given day. All of the beauty and the wonders stays the same no matter which Caribbean island you step feet upon.

Live in Bahamas

2. Affordable Everything

In many of the countries in the Caribbean, the cost of living can be more affordable than in the United States. The list of affordable things includes all types of utilities, food choices, and even real estate. The 2008 recession played a big role in lowering the housing costs in the Caribbean, which has stayed the same way since then. In terms of food choices, you can treat your taste buds with exotic cuisines like roast pork, jerk chicken, along with several kinds of options in seafood. You could enjoy all of it with a refreshing drink of your choice.

3. Relaxed lifestyle

Your Caribbean adventure will always be about making yourself get the feeling of relaxation. That is the first and foremost thing that brings everyone here, many of which decide to settle here later on. Those who are retiring in the Caribbean or planning to move to the Caribbean can find all kinds of things to do here, include painting, swaying along the beaches, enjoying water sports, exploring the markets, or even getting into some kind of writing job.

4. Lots of Outdoor Fun Activities

Did you know that the world’s second-largest barrier reef is based within the Caribbean? The Mesoamerican Barrier Reef, also known to many as the Great Mayan Reef, attracts a large number of tourists to the islands every year. The crystal clear waters and majestic beaches of the Caribbean further make it possible for all the visitors to enjoy all kinds of beach sports to the fullest.

expat in Caribbean

5. Location

The Caribbean Islands are based very close to the United States, which is a major reason why so many of its current residents are from the country. This reason also makes it possible for anyone who is visiting the US to pay a visit to the Caribbean for a quick short trip and enjoy the majestic natural beauty the islands are best known for. Canada is also not too far and there are lots of flights to Toronto and Montreal.

6. All-Year Weather

Weather across the Caribbean stays almost the same. Proximity to the sea plays a major role in keeping the climate warm across all of the islands. You may experience a bit of rain here between May and October. For the rest of the year, the weather stays exceptionally pleasant and enjoyable. Pleasant weather is also a good reason to move to the Caribbean.

Pleasant Weather in Caribbean

7. Golden Opportunities for Expats

Retirees can have the time of their life as soon as they arrive in the Caribbean Islands. But those who still have time before their retirement can find ample job opportunities across the islands. Well-established communities can further help you become a part of social groups as well as sports teams, and even sort out any issue you may have with settling down. The locals too host a lot of festivals all through the year, which is one-of-its-kind of experience. The Caribbean is also a fantastic choice for digital nomads with excellent communication and transportation links.

8. Low Tax Rates for Expats

The Caribbean is full of countries that have low or no income tax for expatriates who work, live or retire there. Your expat tax accountant can verify which country in the Caribbean region will be your best choice from a tax standpoint. In most cases, there will be a huge financial incentive for expatriates to reside in the Caribbean.

Getting an International Health Insurance Coverage

As an expat, you must remember that you will need to obtain a high-quality international health insurance plan that can cover you and your family in times of need. The overall healthcare services across the Caribbean Islands are quite good, but most expats will need to seek treatment in the USA for any serious illnesses or injuries. Even then, it’s a good idea to get a good health insurance plan that can cover all medical expenses, including the ones for evacuating to another island of the country to procure appropriate treatment.

So, what are you waiting for? Get in touch with your travel planner and get ready to begin to move to the Caribbean dream and enjoy an amazing lifestyle you never could even imagine.

 

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2 comments

anna reuben 07/14/2020 - 12:52 pm

I always get what I need, when I need it; and least expect it the most! My doctors up North have suggested that I retire to a region with a milder, more predictable climate. The “colorful’ landscapes of the tropics are just what I need!

David Tompkins 08/01/2020 - 5:48 pm

Right now is probably the best time to retire in the Caribbean given the COVID-19 pandemic. Some countries like Barbados have made it very easy and attractive to global nomads: https://expatfinancial.com/barbados-is-inviting-global-nomads-during-covid-19-pandemic/

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