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5 Affordable Caribbean Islands To Retire To

When it comes to retiring in Britain, the best we can hope for are a few weeks of balmy weather in June through to August and hopefully, not much rain, ice and snow the rest of the time.

With the Government no longer viewing the triple lock enabling the state pension to increase every year by the higher of inflation, average earnings or a minimum of 2.5%, it is becoming harder for pensioners to maintain their standards of living.

It’s no wonder therefore that more and more Brits are choosing to retire to sunnier destinations in Europe like Spain, Portugal and Malta, where the cost of living is much cheaper than in the UK.

Not many people think of the Caribbean as an alternative retirement destination for the value conscious, but there are many islands in the Caribbean where you will get not only great weather year round but also great bang for your buck.

The Dominican Republic, Belize, Nicaragua, Honduras, and Mexico all have islands that great sandy beaches, blue Caribbean waters and the weather to keep you happy and healthy in your retirement years. And best of all, you won’t have to pay a fortune to live there.

Here are a few of them.

Las Terrenas, Dominican Republic

Las Terranas caribbean islands to retire in

Las Terrenas whilst not an island, is part of the island Hispaniola. It is located on the north-east coast of the Dominican Republic and is known for its scenic landscapes, white sand beaches and clear waters. You can buy an apartment here for under £100,000.

It offers many of the conveniences that you will find at home, with food stores, cafes and restaurants aplenty.
Fresh fish can be bought daily from the local fishermen and it’s just the place to mix your own drinks and kick back for a nice evening meal.

Read what other travellers have to say about Las Terrenas at TripAdvisor

Ambergris Caye, Belize

Amberigis caribbean islands to retire in

With English being the official language in Belize, you will have no problems assimulating in Ambergis Caye.
Buying or renting property here is much cheaper than in the UK and with the power supply, water, cell phone coverage and internet being very reliable, you won’t have to give up your creature comforts that you are used to at home.

Access to Belize City is easy with regular water taxis and flights connecting and you will find a good selection of bars and restaurants. Unlike in the UK, you won’t be lumbered with heating costs which is an additional bonus.

Read what other travellers have to say about Amergris Caye at TripAdvisor

Roatan, Honduras

Roatan Caribbean island to retire in

Roatan is another island where English is widely spoken is just the place for a laid-back lifestyle if you are the type of person that likes to snorkel, swing in a hammock or sit with your feet up on a sandy beach.
Roatan is located about 40 miles off the northern coast of Honduras and is around 48 miles long and less than 5 miles at its’ widest point.

With pristine sandy beaches, life in this divers paradise is laidback, with quality food aplenty. There is an established expat community, so you will find it relatively easy to assimilate.

Fresh food is plentiful and cheap, and with rental accommodation being around 70% cheaper than in the UK, you can see why Roatan would be a good place to retire to.

Read what other travellers have to say about Roatan at TripAdvisor

Corn Islands, Nicaragua

Corn Islands Retire In The Caribbean

If you like Lobster, you will love the Corn Islands, as Lobstering is the main industry here. The two islands, Big Corn which is around four square miles and Little Corn about one-fourth the size of Big Corn are about 50 miles off Nicaragua’s Caribbean coast.

Again the cost of living on the Corn Islands is much cheaper compared to the UK and you will find that the locals speak English which is the official language.

You can get a two bedroom beachfront apartment for around £100,000. You won’t find cars aplenty in the Corn Islands as the only way to get around the island is by foot, bike or horse.

While the Corn Islands aren’t for everyone, it’s a fantastic place to come if you want a laid back retirement.

Read what other travellers have to say about The Corn Islands at TripAdvisor

Isla Mujeres, Mexico

Isla Mujeres Retire In The Caribbean

Isla Mujeres is about eight miles from Cancún in Mexico, with its’ clear, blue waters and white-sandy beaches is a far cry from the hustle and bustle of mainland Cancun.

It’s a great place for coral diving, sailing and swimming with dolphins and the cost of living here is moderate compared to the UK.

With Cancun so close, you are not isolated from the world and will find flights easy to find if you want to travel to other parts of the world.

Read what other travellers have to say about Isla Mujeres at TripAdvisor

About the author

Michael lives in London most of the year and has for many years had a penchant for travelling around the world.

He has been to many countries including Spain, France, Barbados, The Bahamas and the Dominican Republic to name a few.

His favourite destination is the Dominican Republic not just for the climate, but also for the lovely people and their way of life.

Michael loves playing table tennis, poker and watching his team Arsenal, although lately that hasn't been so much of a pleasure as an endurance.

9 comments on “5 Affordable Caribbean Islands To Retire To”

  1. Helene Choo Reply

    Belize looks stunning! I’ve never been anywhere even near the Carribean, so I’d love to visit:D I’m still far from retirement, so I can’t consider that yet! I’m sure these are all lovely places, though, with the mostly sunny weather and sea!

  2. Travelquartz Reply

    Very nice article on alternative options of places to retire. Islands are always preferred. In India we talk about retiring at Goa but that is also getting expensive these days. Options here are affordable.

  3. heraafarooq Reply

    Carrabian is where I wanted to retire. They are so peaceful and relaxing. Ambergris Caye, Belize looks like my kind of island.

  4. Lyf&Spice Reply

    Corn Islands of Nicaragua would be ideal for someone like me. The islands look so calm and relaxing, although Ambergris Caye, Belize is a good choice too. I wish I get a clear idea of my retirement well in advance in order ro plan better. Nice compilation. Cheers!!

  5. lexieanimetravel Reply

    Woah Belize City is looking just perfect for me, and since I love lobster Corn Islands is my paradise, these islands are fantastic for those who love to travel and tour for island hopping, perfect places I could say. Would really love to visit here!

  6. DTG Reply

    You got me dreaming of retiring now LOL. Belize and Nicaragua are inn my bucket list it looks so beautiful there. Thanks for sharing some other great places for me to check out, even though I am not near retirement age yet haha – wish I was. Lovely photos too.

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