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10 Best Islands to Retire and Buy Property Many
people dream about living on a beautiful Island seeking fun,
breathtaking landscapes, tranquillity and comfort.
If you're in your retiring days, then this must be exactly
what you need.
Most may think this is just a fantasy because they assume
the cost of the property will be very expensive, but you
don't have to be a millionaire to live the wonderful Island
lifestyle. In this video, we will show you the top 10 Best
Islands to Retire and buy properties.
These places are not only known for the picturesque sceneries,
they also have the best value and offer a great quality of
living. Let's start.
Number one, Cozumel, Mexico Cozumel is a Mexican Island in
the Caribbean Sea.
Known for its beautiful turquoise waters.
It is the perfect place to relax and unwind.
Cozumel is famous for having some of the most fantastic reefs
in the world.
As they are sheltered by the arecieves of Cozumel National
Park. They are kept in the most perfect condition possible.
The scenery of Cozumel is diverse and sublime, with some
of the best beaches in the world.
If you want to enjoy an energetic lifestyle while also are
appreciating the delight of the Island, Cozumel is the perfect
place for you to retire.
The cost of properties can usually be found around 150,000
dollars and 550,000 dollars, depending on the location.
If you wish to stay permanently, you can apply for a permanent
residence visa and to qualify, you must show your monthly
net income over the last six months of at least 2 300
dollars. Number two, Mayorca, Spain Mayorca is one of Spain's
Balearic Islands in the Mediterranean, widely known for stunning
Beach resorts, limestone mountains and a thorough views.
Mayorca as one of the most marvelous Island coasts in Europe.
Whether you want to relax by the sea, enjoy the site of breathtaking
landscapes or enjoy local foods and wine.
Mayorka has it all as an Island with a rich history.
There are charming villages and many artisan events that
take place throughout the year.
Mayorka offers excellent health care, and the cost of living
is lower than most U S cities.
Palma de Mallorca is 37.71% less expensive than New York
City, and the rent is, on average 67.31% lower than in New
York City.
You could apply for a residents visa by providing your annual
income, which is possible to retire comfortably in Mayorca
on about 25,000 dollars a year and for retirees, there are
low property taxes.
Number three, lasterrenas, Dominican Republic As Columbus
said, This is the fairest land under heaven.
The Dominican Republic is a Caribbean nation known for its
toprated beaches all around the Island.
The town of lastones, located in Samina, offer sophistication
and glorious beaches.
It is a styles small town with the delicious cuisine ranging
from casual to upscale and not located in the all inclusive
resort territory.
For a more retirement, friendly ambient las terenas has the lowest
criminality rate in all of Dominican Republic.
A tropical escape to relax and enjoy the views.
Property prices for condos that are within walking distance
to the Beach are available for 89,250 dollars.
A private Villa with three bedrooms, a private pool and a
short walk to the Beach is on the market for 225,000
dollars. A typical retired couple can live splendidly on
2,500 dollars a month.
The residency for people that are retiring requires a minimum
amount of at least 1 500 dollars per month and to receive
it you will usually have to wait six months or less.
Little heaven it is number four.
Penang, Malaysia Penang is a tropical, colorful and multicultural
Island of Malaysia.
It is a former British colony so around 50% of the population
have some level of English skills.
Culturally, it is a very exciting place to live in.
60% of the people in Penang are Chinese, 32% are males and
7% are Indian.
Penang is known for its beautiful Street art nature and soft
Sandy beaches.
Retiring in Penang is on average 74.73% less expensive than
in the U-S-A couple can live comfortably with 1 500 dollars
monthly or live like royalty or it's 1 500 dollars.
Property prices usually start from 130,000 dollars.
According to International Living Com.
You can qualify for a permanent residency in Penang.
If your monthly income starts at only 2,495 dollars, a fine
life can be had on a budget.
Five.
Bali, Indonesia Bali is an Indonesian Island known for its
iconic beaches and coral reefs.
The culture and the landscaping are simply fascinating.
There is no language barrier because most of the people speak
English and the population is very kind and helpful.
In Bali, you will have the comforts of home, splendid beaches
and delicious food for the lowest price.
To qualify for a retirement visa, you must be at least 55
years old and must have proof of pension with a minimum of
1,520 dollars per month or a sum of 18,270 dollars annually.
You can live well in most towns in Bali for 1,900 monthly
Villa. Prices in Bali that are fully furnished and having
closed pools start at 190,000 dollars.
It's time to start packing your things.
Number six.
Isla Mujeres, Mexico Isla mujeres is an Island 13 kilometers
away from Cancun, Mexico.
It is known for beaches such as Playa norte, resort hotels
and pleasing ocean views.
Isla Mujeres overflows with good environments in rich nature,
amazing food, restaurants and family friendly activities.
Most people transport in golf carts and relaxing is part
of a daily lifestyle.
Property prices in Isla Mujeres start from 140,000 dollars
to over 500,000 dollars.
A retired couple can lead a good life with 2,000 dollars
to 3,000 dollars monthly.
Everything included as a retiree, you can apply for a temporary
visa that lasts up to 4 years.
If you choose to stay longer, you can apply for a permanent
resident visa.
To qualify.
You must have a monthly income or pension of at least 2,300
dollars. Number seven.
Ko Samui, Thailand Ko Samui, Thailand second largest Island
located in the Gulf of the country, the Island is known for
its palm, surrounding beaches, luxury resorts and posh spas.
Ko Samui has a lively, yet relaxed ambient, which attracts
many people to the tropical Paradise.
Many people report to live here for only 1500 dollars a month.
If you spend about 2 400 dollars, you will lead a more than
comfortable lifestyle.
You can see the breathtaking views of the ocean every day
from a fully furnished penthouse apartment.
For 750 dollars a month, you have access to a communal pool,
restaurants and 24 hour security residents by investment
requires you to buy a property for a minimum fee of approximately
19,000 dollars, and it usually lasts two to 3 months for
you to receive your permanent residency.
Number eight.
Cayman Islands The Cayman Islands is a British territory
composed of three Islands in the Western Caribbean Sea, Grand
Cayman, Cayman, Brock and Little Cayman.
The Islands have a variety of lifestyle choice, with exquisite
beaches, lots of shopping, and, of course, a peaceful, laidback
life. There are also the phenomenal scuba diving and snorkeling
activities, golf, tennis and other fun sports.
Besides, the Seven mile Beach is consistently voted one of
the top beaches.
As in the Caribbean, you can also have access to incredible
and sophisticated health care.
Rent can be between 1300 dollars and 3,300 dollars per month,
and property prices usually started 150,000 dollars.
When it comes to taxes, there is no income, capital gains
or real estate tax.
Yes, you heard that right.
If you want to be a permanent resident and retire, you must
make an application and pay 1,000 dollars based on your annual
earnings. Number nine.
Ambergris Key, Belize Ambergris Keys Belize As large
as Highland, surrounded by Paradiseac turquoise beaches,
it is best known for its sailing, Reef exploration and water
sports. Ambergris Key offers more activities and luxuries
than in any place in Belize.
There are also free live music and festivals most held on
the Beach.
Living expenses vary from 2,950 dollars to 3,150 dollars
monthly, with rent included and property prices vary from
100,000 dollars and more, depending on the zone.
If you want to retire to this dreamlike destination, you
must live in Belize for 50 consecutive weeks before you can
apply for permanent residents.
Once you do, you can submit your application for permanent
residency and pay a fee of 2,000 dollars.
Number 10, Turks and Caicos Islands Turks and Caicos is an
archipelago in the Atlantic Ocean, a British overseas territory.
The Gateway Islands offer some of the most beautiful white
sand beaches in the Caribbean.
It has a small population, so it is easy to live in a peaceful,
relaxed environment.
Near the stunning beaches.
It is ideal for folks that are looking for a slow paced lifestyle,
nature and outdoor hobbies.
Turks and Caicos offers a program that enables people who
want to buy property an easy way to obtain permanent residency.
The requirement is to invest in a home that starts from 300,000
dollars, depending on where the property is located, there's
also no need to pay taxes in any way living on an Island
can be manageable.
Now, where do you want to retire?
Let us know in the comments section below.
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your dream destination.
Thank you for watching.