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 Investing

          An Ideal Moment For Investors

          Caribbean Beaches, Low Property Taxes, And Booming Tourism

          by Live And Invest Overseas
          Jan 10, 2024
          in Investing, Real Estate
          0 0
          Ambergris Caye coastline with palm trees and stucco roof tiles Belize

          AdobeStock/karagrubis

          It’s a pivotal time in Belize’s tourism industry and an ideal moment for investors to stake a claim in its property market.

          Belize’s tourism numbers have increased steadily over the past decade, the pandemic notwithstanding. The number of visitors increased by 52% in 2021 and by an additional 70% in 2022.

          Belize has powerful market appeal. This country is popular with everyone, from the mainstream tourist looking for lazy Caribbean beaches to the hardcore investor looking to establish an offshore structure.

          Airlines continue to add new direct routes, and the major hotel brands, including Marriott and Hilton, have established a presence on Ambergris Caye, Belize’s most famous tourist hangout.

          Property is affordable—especially compared to other Caribbean havens—and property taxes are low.

          Belize doesn’t put any restrictions on foreigners when it comes to property ownership. In fact, it encourages property investment by foreigners through opportunities like its golden visa program…

          Invest US$250,000 or more in Belize real estate (or a business), and you become eligible for the Belize Temporary Residency (Investment) Visa, which allows you to live and work here.

          On top of this, Belize has good options for offshore banking and establishing offshore structures, and it offers a seriously tax-advantaged set-up.

          How To Buy Investment Property In Belize

          As a property investor, your arrangement will probably be one of the following:

          1. You’ll live at your property and rent out any extra rooms

          2. You’ll vacation at your property and rent it when you’re not there

          3. You’ll only rent it out (personal visits aren’t on the agenda)

          First, to be able to rent out your property, you’ll need a trade license. This ensures you’re operating your business legally and paying your taxes.

          If you’re buying in an apartment or condo building that’s already operating as a hotel, the management company usually takes care of this paperwork for you. This usually also means they’ll be your property and rental manager. If your condo, apartment, or home isn’t operating as a hotel and you want to rent it out, you’ll want to establish a company for your rental business.

          You can create a local 250 company or an international business company (IBC). If you go the IBC route, you’ll need to register your company to do business in Belize.

          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.

            How To Rent: Professional Vs. Self-Management

            You have a decision to make: Do you want to be in charge of the rentals, or do you want someone else to do the work for you?

            There are pros and cons to both options…

            Professional Management

            Pros Cons
            The freedom of not having to be on site all the time Higher fees than self-management
            Professional managers are experts who know the market and can market your property competitive There’s a risk of hiring a company that is not performing well

            Professional management is more expensive than self-management, but the fees can be justified depending on your situation.

            For instance, they handle the marketing of your unit (and it’s in both parties’ interests that it gets rented), they arrange the hired help, and they handle other factors you may not have considered. If you plan to be an absent owner and won’t have boots on the ground often, a property and rental manager could be the way to go…

            But before hiring any company, do your homework.

            Ask other expats for referrals, see how many properties that company has in their portfolio, look for online reviews, and so on.

            Self-Management

            Pros Cons
            It creates a personalized experience for your guest You have to be on call 24 hours a day
            You call the shots on rental rates and availability The workload can be high, especially if you have many rooms and no hired help
            The fees charged by rental sites like Airbnb and VRBO are lower than professional management fees You have less flexibility; you need to be near the property whenever it’s in the rental market

            Professional management is more expensive than self-management, but the fees can be justified depending on your situation.

            Managing your own rental is considerably more work…

            And competition for renters can be stiff. Some hosts take things to the next level by offering memorable services to their guests, like airport or water ferry pick-ups and drop-offs.

            You’ll need to be present regularly or find a reputable person to help guests when you’re not there—easier said than done. Reliability can be an issue in Belize. It’s common for someone to offer their help and then not perform.

            It’s a good idea to have a few helpers on speed dial… That said, if you plan on being on-site or in the area full-time, self-management could be appealing. Airbnb and VRBO are the two most popular sites for rentals by owners. At the time of writing, Airbnb only charges hosts 3% per reservation.

            Consider The HOA…

            If you’re buying in a complex or a building with a home owner’s association (HOA), you’ll need to make sure you’re able to rent your property out and, if so, if you can rent it on your own. Don’t be surprised or upset if they don’t allow it. The decision is usually made for quality control and to ensure there is no confusion in the marketing of the rentals at that property.

            While you may pay more for their services, they’re experts in the field and will make sure your property is well looked after.

            If there is a specific property and rental manager that you must use, ask if there are any restrictions on owner use. Usually, branded hotels have an owner-use clause to ensure they have inventory for rentals. If you want to come and go as you please, a branded hotel room may not be right for you. If your primary goal is income, a branded hotel may be the way to go.

            Where Should You Buy?

            If cash flow is your objective, go where the tourists go. Ambergris Caye, which claims about 70% of Belize’s significant tourism income, is your best choice, followed by Placencia and San Ignacio.

            Tourist numbers are rising annually, but so too are real estate prices. If you’re looking to stake a claim in Belize’s property rental market, act quickly.

            Sincerely,

            Rachel Jensen

            Contributor, In Focus: Belize

            Tags: 'Belize''Foreign Real Estate'investment property
            Share112Tweet70
            Live And Invest Overseas

            Live And Invest Overseas

            Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

            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 our weekly e-letter Overseas Property Alert we’ll immediately email you our editors’ latest research report…

              POCKET MONEY BEACH
              REAL ESTATE

              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.