Five Places for Cheaper Caribbean Living

What’s the best place to live in the Caribbean? In this video, Andrew discusses five less expensive places for expats in the Caribbean where you can reside.

0:00 Start
1:16 Dominican Republic
2:43 Roatan
4:01 Corn Islands
5:45 Tulum
7:12 Cartagena

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".

Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[robertdominicanrepublic]

I've lived here in the DR for the last 9 years. Having lived in USA, The Netherlands, Hungary, Thailand and Cambodia, I can tell the Dominican Republic has it all!

[evadeanu]

Love watching your videos first thing in the morning. Living in grey, cold and cloudy Canada, gives me the vibes to go through the day with the hopes that one day I can spend my life on some sunny, happy places in the world. Thank you, Andrew

[scsmith]

I spent two weeks in Roatan right before COVID and had a great time. The people were very nice and I felt very safe.

[charlesmccullough]

Move from los angeles to the Dominican republic 15yrs love it, 500 us month, bought rental property 100 000, north coast

[wolfgangnorbertkruger]

Andrew, I live in Barranquilla, Colombia. A tropical city with all amenities of a big city with a tropical setting. While Barranquilla is not directly on the ocean, it has a developed riverfront area and is equidistant between Cartagena and Santa Marta ( one and a half hours from each). Talking about Santa Marta, it is the oldest city in Colombia and a smaller version of Cartagena. These days it is becoming a nomad worker destination and frankly, in my opinion, after coming to Colombia for 20 years, living here for six, it is mote appealing to me than Cartagena. Keep up the great videos!

[stevehall]

ANDREW THANKYOU FOR PUMPING THE DOMINICAN REPUBLIC ! My home as an Expat for 15 years. I have lots of expertise on this Island. I live on The North Coast. I have been to Nicaragua a few times. Very nice you might avoid Managua and visit other places. Much more to come on this.

[pakistanitraveller]

Working remotely in the Caribbean would be a dream

[jimjessup]

Yes, more video's on the Caribbean!! You have nailed the ones you featured regarding "the vibe."

[byoung]

Definitely want to hear more about the Caribbean passports and citizenship options.

[SCOTTBULGRIN]

Yes Andrew, please review more cheap to very moderate cost of live locations in the Caribbean.🌴Thank You.

[billhennessey]

For a great Caribbean vibe with a great tax situation, I think the Caribbean coast of Panama is tough to beat. Affordable, welcoming, and within a decent commute to Panama City if you really need something.

[artinek]

I'm from the Caribbean and the options you presented are great cheaper options to living on this side of the world. It can get very expensive on the small islands. I love Cartagena and Mexico. I also think Puerto Rico has cheap real estate and cheaper cost of living.

[panaceiasuberes]

I'm in love with Nicaragua. The cigars there are a true revelation and there's so many opportunities in resort development. If nothing goes wrong with that place the next 5 years I'll give it a go at establishing an eco-resort over there.

[UTAdmissionsGuy]

Was surprised you didn't mention Tobago. Unsure of the investment or residency schemes, but it was chill, less expensive than Grenada or Barbados, and the internet was adequate for remote work even in 2017.

[bebintime]

I just got my Dominican dual citizenship passport I can’t wait to start going there

[MR-zyff]

Thanks again for your updates on the Caribbean, yes more videos on these locations please.

[dyqqwhb]

I just landed in Cabarete, DR and its the kitesurfing capital of the Caribbean for sure.
The wind is always blowing here.

FYI Tulum is building an airport in 2023.

[casualhustler]

Love this! Would like for you to go more in-depth with these places. Like coming from the US, personal tax, residence/citizenship, cost of living, banking, ability to travel to other countries, what other countries do they place nice with or not so nice. Thanks for your hard work, much appreciated. I started doing this about the same time you did, but life got in the way - truly wished I had gotten back to it...years ago instead of now.

[julianbatcheler]

Thank you. Very useful. A few places I’d never thought of.

[stevestevens]

Bonaire! I saw the dollar vigilante do a walk and talk there and it probably looked like the most laid back and least populated island in the Caribbean