Financials

How much does it cost to buy a property in The Caribbean?  How much does it cost to maintain a property in The Caribbean?  How can you finance the property?  What about employment, claiming your pension in The Caribbean, or finding other sources of income?  And what is the biggest financial mistake that Caribbean property buyers make?  Find answers here…

 

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Claiming your pension in the Caribbean

24th November 2011 - 04:32
Every year many people decide that the Caribbean is where they want to make their home. It is also the perfect place to retire if you are looking for a slower pace of life, great weather, and happy, friendly people. As many of the Caribbean islands are British owned there is not a language barrier in many places, meaning integration is quicker than if you move to a country whose first language is not English. The climate is hot and tropical you are likely to get much more house for your  more...

Tax planning for a move to the Caribbean

12th October 2011 - 04:58
For many people, the Caribbean is a dream destination which they may choose to make their permanent home after holidaying there. Many people also buy second homes there, so that they are free to visit as often as they like. The beautiful islands are blessed with sun kissed weather, stunning scenery and friendly people so it is no wonder people visit in their thousands. The Caribbean is often referred to as a tax haven for businesses and investors alike, due to the low, or  more...

Cost of living in the Caribbean

31st August 2011 - 04:11
Many people’s idea of a dream would be simply to visit the Caribbean, never mind having the opportunity to live there. It is hard to give an overview of every island in the Caribbean as there are so many, but we can look at a few factors which will influence living costs there. It is safe to say that your biggest expense living in the Caribbean, as with any country, will be your accommodation. If you are lucky enough to have employment in your new country, then a couple  more...

Financing a property in the Caribbean

21st July 2011 - 04:51
The Caribbean is becoming more and more popular with the Brits due to the climate, relaxed pace of life and prices of property out there. Although far away, there are many Caribbean countries that speak English as a first language. Mortgages in the Caribbean typically have the following criteria: • Mortgage Term  Max 15 years. • Interest Rate  Approx 6%. • Interest Basis  US Prime or US  more...

Financing a property in the Caribbean.

11th May 2011 - 11:16
Perhaps the biggest decision you will make when buying a property abroad, after of course the area and type of property you want, will be to decide how you will finance the property. There are two ways you can pay for your property; cash, or mortgage. Cash: If you are lucky enough to be in a position whereby you can buy your property abroad outright, then cash is the way to go. By paying for your new property all in one go, you avoid having to pay any interest rates on  more...