This Caribbean Island Is One of the Best Places to Retire—With No Income Tax, Low Cost of Living, and Gorgeous Beaches

Retirement should be pure bliss—days filled with good books, golf outings, and evening cocktails. The only thing that could make it better? Spending your golden years on a gorgeous Caribbean island. And for retirees hoping to stretch their dollar, one island stands out as an ideal fit.

In August, Global Citizens Solutions released its list of the 13 best Caribbean Islands for retirement, which it created after considering everything from the climate to local taxes, the local cost of living, safety, access to health care, and community. And after looking at each of these areas, it named St. Kitts and Nevis as a top choice. 

“Located between the Atlantic Ocean and the Caribbean Sea, this dual-island nation of St Kitts and Nevis offers a peaceful lifestyle and is known for its beautiful beaches, lush green rainforests, exciting hiking trails, and awe-inspiring mountains,” the team explained. It noted that moving to the islands means you can “capitalize on one of the most lenient Caribbean tax environments, with zero income taxes on local and worldwide income and no capital gains, inheritance, and wealth tax.” 

There are several ways you can get there, according to the site, including its citizenship by investment program, which includes the ability to buy real estate and get citizenship through the process. 

“For over 40 years, the St. Kitts and Nevis CBI Programme has provided a reliable and efficient pathway to citizenship for discerning investors,” the St. Kitts and Nevis government website explains. “Known for its rigorous due diligence process and adherence to international standards, it remains a globally respected option for those seeking a secure alternative citizenship.” 

According to Henley & Partners, the investment scheme starts at $250,000. This citizenship pathway also allows people to include a “spouse, children under 26, and parents aged 55 and over, as well as to add dependents after citizenship has been granted to the main applicant,” Henley & Partners added. “St. Kitts and Nevis is a member of the Commonwealth, which entitles its citizens to certain privileges in the UK and other Commonwealth countries.” 

While the initial investment can feel steep, Global Citizens Solutions explained in a separate story that a single person could live comfortably there for between $1,500 and $2,000 a month, while a family of four could thrive on $2,800 to $4,000.

Other top destinations recommended by Global Citizens Solutions include The Bahamas for its “laid-back lifestyle” and easy access to the U.S., along with Antigua and Barbuda for its stunning beaches and affordable cost of living, with a one-bedroom apartment going for about $1,000 a month, and Dominica, where a one-bedroom can go for about $500 a month.

See the full list and get inspired for your retirement move at globalcitizensolutions.com.