Live and Invest Overseas
7 Cheapest Places In The Caribbean

FREE REPORT: THE 7 CHEAPEST PLACES TO LIVE IN THE CARIBBEAN






    We Value Your Privacy! We will not share your email address with anyone else, period.
    • Home
    • Countries

      Top Destinations:

      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

      • Spain
      • Portugal
      • Panama
      • Belize
      • Colombia
      • Cyprus
      • Mexico
      • France
      • Montenegro
      • Browse All Countries

      Best For:

      • The Best Places To Retire
      • Health Care Abroad
      • Cost Of Living
      • Investing in Real Estate
      • Establishing Residency
      • Gun Laws In The World
      • English-Speaking Countries
      • Safest Places For Retirement
      • Best Places In Latin America
    • Budgets

      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
    • Resources

      Global Living

      • Living & Retiring Overseas
      • Raising A Family Abroad
      • Foreign Residency & Citizenship
      • Offshore & Diversification

      Making Money

      • International Real Estate
      • Banking
      • Employment
      • Investing

      Follow Us:

      • Meet Our Experts
    • Real Estate

      Join our Weekly Newsletter
      Overseas Property Alert

      Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






        We Value Your Privacy! We will not share your email address with anyone else, period.

        Buying Real Estate For Cashflow

        • Discover tips and strategies used by global property investing veterans

        Explore Our Latest Posts

        • Learn how to invest and purchase property abroad…

        Go To The Overseas Property Alert Site

        • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
      • Conferences

        Upcoming Events

        • Explore Our Events Site

        International Property Summit

        Caribbean Virtual Conference

        Live and Invest In Spain Conference

        PANAMA CITY, PANAMA

        June 18-20, 2025

        VIRTUAL

        July 17-19, 2025

        Valencia, Spain

        Sep. 17-19, 2025

        LEARN MORE
        LEARN MORE
        PRE-REGISTER
        LEARN MORE
        PRE-REGISTER
        • MORE EVENTS

        Contact Our Events Team

        Toll-Free U.S. and Canada:
        1 (888) 627 8834
        From Outside North America:
        1 (443) 599 1221
        Working Hours
        Monday – Friday 08:00 am – 17:00 pm EST.

        Reach us with your questions by email at: events@liveandinvestoverseas.com

      • Store

        Unlock The World

        • Access Your Library

        Overseas Havens Reports

        • Expats' comprehensive destination guides

        Conference Kits

        • Hours of coverage  from our latests conferences

        Lahardan Books

        • Titles on living and investing around the world
        • Explore Our Store
        Your passport to a life well-lived abroad

        Services

        overseas living letter offers affordable retirement guidance
        The Simon Letter Wealth Protection Insights
        Global Property Advisor Global Investment Opportunities

        Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

      • My Library
      Live and Invest Overseas
      • Home
      • Countries

        Top Destinations:

        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
        • Cost Of Living
        • Investing in Real Estate
        • Establishing Residency
        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
        • Best Places In Latin America
      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

        • Ambergris Caye, Belize
        • Kotor, Montenegro
        • The Panama City Beaches
        • Paris, France
      • Resources

        Global Living

        • Living & Retiring Overseas
        • Raising A Family Abroad
        • Foreign Residency & Citizenship
        • Offshore & Diversification

        Making Money

        • International Real Estate
        • Banking
        • Employment
        • Investing

        Follow Us:

        • Meet Our Experts
      • Real Estate

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






          We Value Your Privacy! We will not share your email address with anyone else, period.

          Buying Real Estate For Cashflow

          • Discover tips and strategies used by global property investing veterans

          Explore Our Latest Posts

          • Learn how to invest and purchase property abroad…

          Go To The Overseas Property Alert Site

          • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
        • Conferences

          Upcoming Events

          • Explore Our Events Site

          International Property Summit

          Caribbean Virtual Conference

          Live and Invest In Spain Conference

          PANAMA CITY, PANAMA

          June 18-20, 2025

          VIRTUAL

          July 17-19, 2025

          Valencia, Spain

          Sep. 17-19, 2025

          LEARN MORE
          LEARN MORE
          PRE-REGISTER
          LEARN MORE
          PRE-REGISTER
          • MORE EVENTS

          Contact Our Events Team

          Toll-Free U.S. and Canada:
          1 (888) 627 8834
          From Outside North America:
          1 (443) 599 1221
          Working Hours
          Monday – Friday 08:00 am – 17:00 pm EST.

          Reach us with your questions by email at: events@liveandinvestoverseas.com

        • Store

          Unlock The World

          • Access Your Library

          Overseas Havens Reports

          • Expats' comprehensive destination guides

          Conference Kits

          • Hours of coverage  from our latests conferences

          Lahardan Books

          • Titles on living and investing around the world
          • Explore Our Store
          Your passport to a life well-lived abroad

          Services

          overseas living letter offers affordable retirement guidance
          The Simon Letter Wealth Protection Insights
          Global Property Advisor Global Investment Opportunities

          Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

        • My Library
        Live and Invest Overseas
         Free Caribbean Guide
        7 CHEAPEST PLACES IN THE CARIBBEAN
        SUPRISINGLY AFFORDABLE CARIBBEAN DESTINATIONS YOU NEED TO KNOW ABOUT
        Simply sign up to receive the FREE daily e-letter, Overseas Opportunity Letter plus our In Focus: Caribbean newsletter and we’ll immediately email you our editors’ latest research report… absolutely FREE






          We Value Your Privacy! We will not share your email address with anyone else, period.

          Home Countries Belize

          How I Turned $5,000 Into $150,000

          by Kathleen Peddicord
          Mar 05, 2025
          in Belize, In Focus: Belize, In Focus: Caribbean
          0 0
          Investing-live-and-invest-overseas

          AdobeStock/Cheryl Casey

          I didn’t start my investment career overseas. My investing journey began at home.

          I bought my first investment property in the United States.
          It was 1995, and I bought a three-flat building in Chicago. I was renting an apartment in another three-flat, and the owners told us they were selling the building. Until that moment, I hadn’t been thinking about buying a house, let alone a multi-unit building.

          But I liked the apartment where we were living, so I began looking into whether it would be possible for me to buy the building. I started to educate myself, running numbers, speaking with mortgage lenders, checking the prices of other buildings, and trying to understand the market.

          Get ​Your Free ​Belize Report Today!

          Simply enter your email address below and we’ll send you our ​FREE REPORT – ​​Discover Belize: Reef, Ruins, Rivers, And Rain Forest… Plus Easy Residency And Tax-Free Living






            We Value Your Privacy! We will not share your email address with anyone else, period.

            While the negotiations didn’t work out for the building where we’d been living (that really was a great apartment… designed by Frank Lloyd Wright), the seed had been planted.

            I found another building that met all my parameters…

            Friends and family all thought it was a bad idea to buy. Too risky.

            Why was someone as young as I was at the time—in my 20s—just starting out, thinking about making such a big property purchase?

            With the help of a $5,000 loan from my first wife’s parents, I put a down payment on that three-apartment building.

            It turned out to be one of the best investments I ever made.

            I sold the building less than three years later for a leveraged return of 3,000%, turning my $5,000 down payment into $150,000 in profit after closing costs and commissions. I’d sold it for almost double what I’d paid.

            I’d run the numbers and knew that building was a great prospect. There was some risk—for example, if the property lay vacant and we couldn’t get renters. But for me, it was worth taking the risk because of the potential upside…

            It worked out.

            With that willingness to take that risk early in life, I was able to achieve my ambition to become a millionaire by age 35, and my net worth has grown and grown since.

            I’ve applied the same principles from that first investment to my investments since then.

            I study the market… I run the numbers… and if the numbers stack up, I buy.

            By looking overseas, I’ve been able to find opportunities to grow my wealth that I never would have found back home…

            With that “nut” from my Chicago investment, I was able to purchase (along with Kathleen) a property in Ireland… which, thanks to Ireland’s strong property market, we were also able to eventually sell for more than three times our investment.

            My next real estate investment was in Spain. I bought a pre-construction apartment on the beach.

            Again, I was looking for an opportunity where the numbers stacked up…

            I spent 10 days traveling the entire southern coast of Spain, looking at real estate and speaking with a dozen developers and agents.

            By the time I got to Estepona on the south end of the Costa del Sol, I had seen a lot of properties—most of them crap.

            The developer I met in Estepona had released a new beachfront project the day before I’d arrived. His group didn’t even have their sales office set up at the property yet. They were working out of their main admin office down the road.

            We visited the site, I looked at the plans and prices, and I was ready to invest.

            This was the best opportunity I’d seen on the entire trip… and because it was pre-construction, the initial capital outlay for the deposit wasn’t much.

            I called Kathleen. She’s a fairly conservative investor. Her first reaction was to tell me I was crazy to be thinking about investing in Spain… in a pre-construction project. What did we know about buying pre-construction real estate in Spain?

            While a 10-day trip couldn’t be called an all-encompassing education in Spanish real estate, it was enough, as I explained to Kathleen, for me to know a good deal when I saw one.

            She begrudgingly agreed to buy a unit because I was there and she wasn’t. She had to trust my instincts.

            And, in the end, she sure was glad she did.

            That purchase falls into the top 10 of my more than 60 real estate investments over the years. The developer sold the apartment for me before it was completed. The returns were almost 100% profit over the less than two years that I held the property.

            Other great deals I’ve invested in over the years include…

            • • 80% profits in just eight months in Romania. Thanks to my legwork and my contacts on the ground, I spotted a market in Eastern Europe that was set to rise—before most anyone else was looking. Before I could begin the renovations I planned, a buyer came to me, cash in hand… and I almost doubled my money…
            • • 20% net yields and 100% appreciation in Panama. This home-run purchase at one of the best addresses in downtown Panama City has provided double-digit cash flow as both a short-term and a long-term rental. Today, it is worth more than twice what I paid for it and serves as Kathleen and my personal pied-à-terre as we come and go for business and pleasure from the Hub of the Americas…
            • • 50% appreciation in less than a year and a half from a coastal pre-construction buy in Cyprus. This recent investment is on track to bring me a greater return than my pre-construction win in Spain…

            This, essentially, is how you make your fortune in real estate… how I made my fortune.

            My personal research and my trusted contacts have helped me see more overseas real estate returns like that over the years…

            As I wrote in my previous book, “Buying Real Estate Overseas For Cash Flow (And A Better Life),”

            “How do you get rich investing in real estate overseas? You make one purchase in a market generating decent yields. Rent it, setting aside the excess cash flow each month, until the property’s value has appreciated to a level where it makes sense to sell. Roll over the accumulated rental income and the capital gain into a next property in a next market.

            Get ​Your Free ​Belize Report Today!

            Simply enter your email address below and we’ll send you our ​FREE REPORT – ​​Discover Belize: Reef, Ruins, Rivers, And Rain Forest… Plus Easy Residency And Tax-Free Living






              We Value Your Privacy! We will not share your email address with anyone else, period.

              “Do this until you’re accumulating enough excess cash flow that you can afford to buy a next investment without selling one you already own.

              “Continue in this way, on and on, until, in time, you’re a bona fide global property baron earning enough cash flow to fund a life of travel and the retirement of your dreams.”

              Stay diversified,

              Victoria Harmer Signature

              Victoria Harmer

              Editor, Overseas Property Letter

              Share85Tweet53
              Kathleen Peddicord

              Kathleen Peddicord

              Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

              Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

              Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

              Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

              Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

              Start Your New Life Overseas Today!
              Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on The 10 Best Places To Retire In 2025.

              We Value Your Privacy! We will not share your email address with anyone else, period.
              Our Expertise Unlocks The World

              quick links

              • Best Places To Live
              • Best Places To Retire
              • Finding A Job Overseas
              • Real Estate

              LIOS Resources

              • New To LIOS
              • Ask An Expert
              • Media Center
              • Contact Us
              • FAQs
              the 10 best places to retire in 2025
              Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE REPORT: The 10 Best Places To Retire Overseas In 2025






                We Value Your Privacy! We will not share your email address with anyone else, period.

                As seen in

                US Media Logos

                © 2008 – Live and Invest Overseas™ – All Rights Reserved.

                About Us / Contact Us / Privacy Policy / Terms / Unsubscribe
                Facebook-f X-twitter Youtube Linkedin-in Instagram

                Welcome Back!

                Login to your account below

                Forgotten Password?

                Retrieve your password

                Please enter your username or email address to reset your password.

                Log In

                Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and we’ll immediately email you our editors’ latest research report…

                BEST PLACES TO RETIRE 

                FREE REPORT:






                  We Value Your Privacy! We will not share your email address with anyone else, period.

                  Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

                  RETIRE OVERSEAS AND LIVE LIKE ROYALTY






                    We Value Your Privacy! We will not share your email address with anyone else, period.
                    HOME

                    Top Countries

                    • Spain
                    • Portugal
                    • Panama
                    • Belize
                    • Colombia
                    • Cyprus
                    • Mexico
                    • France
                    • Montenegro

                    Best For:

                    • Health Care Abroad
                    • Retirement Living
                    • Cost Of Living
                    • Investing in Real Estate
                    • Establishing Residency
                    • Gun Ownership
                    • English Speakers
                    • Safety
                    BROWSE ALL COUNTRIES

                    Budgets

                    How Much Will It Cost
                    To Live Overseas?

                    Super Cheap

                    • Chitré, Panama
                    • Santa Marta, Colombia
                    • Phuket, Thailand
                    • Dumaguete, The Philippines

                    Cheap

                    • Medellin, Colombia
                    • Boquete, Panama
                    • Kyrenia, Cyprus
                    • Hua Hin, Thailand
                    • The Algarve, Portugal

                    Affordable

                    • Valencia, Spain
                    • Cascais, Portugal
                    • Las Terrenas, The DR
                    • Pisa, Italy
                    • La Rochelle, France
                    • Mazatlán, Mexico

                    Luxury

                    • Ambergris Caye, Belize
                    • Kotor, Montenegro
                    • The Panama City Beaches
                    • Paris, France

                    Resources

                    Global Living

                    • Living & Retiring Overseas
                    • Raising A Family Abroad
                    • Foreign Residency & Citizenship
                    • Offshore & Diversification

                    Making Money

                    • International Real Estate
                    • Banking
                    • Employment
                    • Investing
                    Meet Our Experts

                    Real Estate

                    Overseas Property Alert 

                     

                    How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams

                    VISIT SITE

                    Buying Real Estate For Cashflow

                     

                    Discover tips and strategies used by global property investing veterans

                    READ MORE

                    Explore Our Latest Posts

                     

                    Learn how to invest and purchase property abroad…

                    EXPLORE

                    Conferences

                    INTERNATIONAL PROPERTY SUMMIT

                    PANAMA CITY, PANAMA June 18-20, 2025
                    LEARN MORE

                    CARIBBEAN VIRTUAL CONFERENCE

                    VIRTUAL July 17-19, 2025
                    LEARN MORE
                    PRE-REGISTER

                    Live and Invest In Spain Conference

                    Valencia, Spain Sep. 17-19, 2025
                    LEARN MORE
                    PRE-REGISTER
                    MORE EVENTS

                    Contact Our Events Team:

                    Toll-Free U.S. and Canada:
                    1 (888) 627 8834

                    From Outside North America:
                    1 (443) 599 1221

                    Working Hours
                    Monday – Friday 08:00 am – 17:00 pm EST.

                    Reach us with your questions by email at: events@liveandinvestoverseas.com

                    Store

                    Overseas Havens Reports

                    • Expats' comprehensive destination guides

                    Conference Kits

                    • Hours of coverage  from our latests conferences

                    Lahardan Books

                    • Titles on living and investing around the world

                    Services

                    • Overseas Living Letter: Affordable Retirement Guidance
                    • The Simon Letter: Wealth Protection Insights
                    • Global Property Advisor: Global Investment Opportunitites
                    VISIT OUR STORE

                    Free Report

                    THE 10 BEST PLACES TO RETIRE IN 2025

                    FREE REPORT: The 10 Best Places To retire in 2025

                    Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and we’ll immediately email you our editors’ latest research report…






                      We Value Your Privacy! We will not share your email address with anyone else, period.

                      LIBRARY

                      Follow Us:

                      © 2008 - Live and Invest Overseas - All Rights Reserved.