2. Las Terrenas, Dominican Republic
Image credit: Marka / Contributor, Getty Images
If you love the beach, you’ll love Las Terrenas! It is one of the most economical places in the Caribbean to live. Expect to retire here for around $1,200 a month.
Due to investments in tourist infrastructure such as hotels, clubs, restaurants and shopping centers, the region is definitely growing.
The best part: It is easy to become a resident in the Dominican Republic — plus you can import household goods and a car tax-free!