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Top Three Places to Retire in the Caribbean

If you are in your end years and one of your dreams is to live in a place surrounded by clear blue water with white sand beaches, the Caribbean islands below are some that you can consider.

Living in one of the islands below will only cost you $36,000 a year. According to, these islands are accessible, peaceful, lovely, and, most of all, affordable. Check below three of the best places to retire in the Caribbean.

Bocas Town, Panama

The Bocas Town is located in the tropical archipelago of Panama. Some refer to this place as one of the Caribbean’s secrets. Bocas lies within the border of Costa Rica and is one of the nine main islands. It is a seaside town with attractive buildings painted with bright colors that you will notice right away from afar.

The place is a popular destination for water sports, fishing, and whale watching. You will be amazed by its clear light green water that becomes turquoise as you go deep. The gigantic palm trees around you will keep you close to nature and keep you shaded when the it becomes too sunny.

Although there are no malls and supermarkets around, the view and the liberty to walk along the beach shore, free from the crowd is enough to keep you at peace. For retirees with limited income will not have any problem living here. The cost of living in Bocas Town is lower than in the USA and Canada.

bocas town panama

Even after retiring, you can still earn a living here. Some retirees who choose to live in Bocas have started their own business, some are into volunteer works, and others are into teaching.

Dining in a mid-range restaurant will only cost you $30. The cost of living for a couple here is around $16,800 a year.

Isla Mujeres, Mexico

Located 10 miles from Cancun, you will reach the Isla Mujeres. It is an island away from the busy neighborhood. People here use golf carts as their means of transportation. Thus, there is less pollution.

It has a warm tropical climate makes it an ideal place for senior citizens. If you love the deep blue sea and the creatures living on it, Isla Mujeres is the island for you. The reef is best for scuba diving, boating, snorkeling, fishing, and swimming. One of their best features is the underwater sculpture museum. If you are lucky, you can also view the seasonal migration of whale sharks.

You can also enjoy seeing the dolphins as they feed offshore and the turtles basking on the surface. The cost of living here is much lower, having the same comfort in life than the USA. The average cost of living for a couple a year is around $36,000.

Isla Mujeres


Las Terrenas, Dominican Republic

The location has been the preferred place of the French and Italian vacationers for many years. Las Terrenas has something in common with Europe. Aside from the saltwater’s fresh scent and the coconuts, you can also smell the espresso and the newly baked croissants.

The cost of living here is low that every retiree can afford. It has a stable government, and the weather is very favorable, particularly for the seniors. If you want to check out the city, it is only  3 ½ hours from New York. The beaches are breathtaking and very inviting that you want to stay there for the rest of your life. You can also find here the newest golf courses.

Las Terrenas Dominican Republic

Famous here in Las Terrenas is a Swiss-German restaurant that offers a three-course menu at a very affordable price. The monthly cost of living for a couple is around $2,000, including rent.

Do not waste your opportunity to live in one of the best places on earth. Live the way you want that will fit your budget.

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