This jetset haven boasts powder-sand beaches lapped by electric-blue waters—including one that’s routinely listed as the world’s best—yet it may not be on your move-overseas radar…
But it should be…
The locals are famed for their friendliness and coexist harmoniously with the expats who have found their way here. It’s an easy community to settle into and,thanks to straightforward residency policies, it’s also easy to set up a life here.
You can qualify for residency as a person of independent means or as an investor.
This haven is about as friendly as it gets when it comes to taxes. It’s a no-tax jurisdiction… It doesn’t impose personal income tax, capital income tax, property tax, or inheritance tax.
It also uses the U.S. dollar as its official currency, which eliminates the risk of exchange rate fluctuation. Plus, the official language is English so you won’t have to grapple with a language barrier when you relocate here.
Crime rates are low and risk can usually be mitigated with common-sense precautions.
As an up-and-coming luxury tourism destination you’ll easily find world-class resorts, high-end gastronomy, and once-in-a-lifetime travel experiences.
This opulence comes at a cost of course… a couple’s monthly budget here will come to about US$4,365.
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Expect to pay between US$1,500 and US$2,500 in monthly rent for a two-bedroom, two-bathroom apartment. Utilities are about US$120 per month if you use air conditioning. Groceries cost US$650 per month, while the average meal for two costs between US$35 and US$50.
If you’re looking to buy a home here, there’s no restrictions on foreign buyers.
The climate is tropical, with stable temperatures year-round. The average high is 85°F (30°C) and the average low is 72°F (22°C).
This is a dream destination for beach lovers and watersports enthusiasts. From snorkeling, kayaking, and paddleboarding to wind-, kite-, and parasailing. Deep-sea fishing opportunities abound where you can reel in big game—blue marlin, sailfish, tuna, and wahoo to name a few.
Wildlife sightings of exotic creatures like stingrays, turtles, conch, and a plethora of bird species happen here on a daily basis.
On land, you can golf at the local club—one of the top 10 golf courses in the region.
Organized sports like soccer, rugby, cricket, and tennis are popular. There’s also walking, hiking, ATV riding, and horseback riding.
It’s easy to get here from the States and Canada. The main airport serves the States and Canada with direct flights to several cities in each country.
Once you land here, you’re met with the opportunity for total relaxation on some of the best beaches Mother Nature has dreamed up… and for many, this sun-soaked haven is more than worth the price tag.
Editor, Overseas Living Letter