6 Caribbean Places You Can Retire Without Breaking the Bank

Key Takeaways The Caribbean offers retirees stunning natural beauty, warm weather, and a relaxed lifestyle-often at a fraction of U.S. living costs. Saint Lucia and Grenada top most lists for their safety, natural beauty, and affordable monthly budgets of $1,500 to $2,500. Budget-conscious retirees can live in Belize or the Dominican Republic for as little as $1,500 to $2,000 monthly, while Saint Kitts and Nevis and Antigua and Barbuda offer more upscale experiences at higher costs. The Caribbean ticks a lot of the right boxes as a retirement destination . This tropical part of the Americas, comprising the islands and coastal areas surrounding the Caribbean Sea, offers beautiful beaches, lush scenery, warmth, sunshine, a laid-back lifestyle, and most things outdoor enthusiasts desire. It's also, for the most part, inexpensive, tax-friendly, accessible to English-speakers, and close to the U.S. From volcanic beaches to turquoise waters, Caribbean destinations like Belize above combine natural beauty with retirement-friendly costs and tax benefits.Cavan Images / Getty Images Marigot Bay's protected harbor and lush hillsides make it one of Saint Lucia's most picturesque spots—a glimpse of the natural beauty that attracts retirees to this Eastern Caribbean island.Wildroze / Getty Images Built by the French in 1650, St. George's, the capital of Grenada, faces a horseshoe-shaped harbor and is surrounded by a hillside of an old volcano crater.Orietta Gaspari / Getty Images Tobacco Caye sits directly on Belize's barrier reef—the second-largest in the world—offering retirees easy access to world-class snorkeling and diving from this tiny Caribbean island.Henryk Welle / Getty Images The view from Timothy Hill reveals Frigate Bay's unique geography—where the Atlantic Ocean meets the Caribbean Sea on one of the region's safest and most upscale islands.allou / Getty Images Dickenson Bay showcases the white-sand beaches and crystal-clear waters that have made Antigua and Barbuda famous.Matt Anderson Photography / Getty Images Saona Island's pristine beaches in East National Park offer a taste of Caribbean paradise at the Dominican Republic's budget-friendly prices—ideal for retirees prioritizing affordability.Marco Bottigelli / Getty Images Curious to learn more? Here are six Caribbean destinations where retirees can enjoy a relaxed, scenic lifestyle without breaking the bank. Saint Lucia Marigot Bay's protected harbor and lush hillsides make it one of Saint Lucia's most picturesque spots-a glimpse of the natural beauty that attracts retirees to this Eastern Caribbean island. Wildroze / Getty Images Home to twin mountain peaks, volcanic beaches, rainforests, waterfalls, reef-diving sites, and fishing villages, this Eastern Caribbean island looks like paradise. There’s plenty to do in Saint Lucia, from swimming and hiking to bird-watching and festivals, the country is relatively safe, and you can generally get by on $1,500 to $2,500 a month. However, like other Caribbean countries, you’ll need a residency permit to reside here long-term. Citizenship can be acquired by investing a minimum of $300,000 in real estate or donating at least $240,000 to the National Economic Fund. Grenada Built by the French in 1650, St. George's, the capital of Grenada, faces a horseshoe-shaped harbor and is surrounded by...

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