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…
Banking and finance in the Caribbean
Sorting out your banking and finances will be one of the primary
things to take care of when you buy property or make the move abroad. Today
the Caribbean Buying Guide take a look at things to consider when
setting up your overseas bank account...
When you move abroad or purchase property, you will need to have a
Caribbean bank account set up in order to start your new life.
The majority of banks More...
Choosing your new bank
When making the move abroad or purchasing a holiday or investment
property, you will have a million and one tasks on your ever-growing to-do
list. Perhaps one of the most pressing will be setting up a bank account.
In a number of places, you won’t be able to carry out a house
purchase unless you have an account set up there so it is an absolute
If you are emigrating for good, you may be tempted to close all accounts
and shut off all ties with the UK. Although More...
Transferring money abroad – the important facts
Maybe you have just made the decision to make the move to the Caribbean
that you have always dreamed of, perhaps you’ve just decided that you
would like to spend a considerable portion of the year there or maybe you
are in the process of buying an investment property. Presumably you have
sorted out all the essentials - where you will live, a job should you need
one. The next step is transferring your funds abroad.
The automatic reaction for people who have neglected to More...
Claiming your pension in the Caribbean
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
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
The Caribbean is often referred to as a tax haven for businesses and
investors alike, due to the low, or More...