In this article, we take a look at the 5 cheap tropical places to live that speak English. For a detailed and comprehensive analysis, go to 20 Cheap Tropical Places to Live that Speak English.
5. Nigeria
English Speaking Population: 86.42%
Cost of Living: $635
As the most populous country in Africa, Nigeria has a diverse economy with oil, agriculture, and services playing significant roles. Despite economic potential, challenges like corruption, security issues, and infrastructure gaps persist.
4. American Samoa
English Speaking Population: 80.1%
Cost of Living: $619
American Samoa is a group of islands in the South Pacific, under US sovereignty, but not a state. The economy relies on tuna canning, agriculture, and federal aid. Tuna canning employs the majority of the workforce while agriculture, especially the cultivation of taro root, is also important. American Samoa has a unique political system with a governor appointed by the US president and a bicameral legislature.
3. Philippines
English Speaking Population: 58.2%
Cost of Living: $613
The Philippines is located in Southeast Asia. It has a mixed economy, where services, manufacturing, and agriculture play vital roles. The country has a diverse range of industries, including electronics, textiles, and shipbuilding. It is also a major producer of agricultural products such as rice, coconut, and bananas. The Philippines has a growing business process outsourcing (BPO) sector, making it one of the top outsourcing destinations in the world.
2. Ghana
English Speaking Population: 66.67%
Cost of Living: $528
Ghana in West Africa has a diverse economy with agriculture, mining, and services as key sectors. Its remarkable economic development is attributed to its stable governance and implementation of economic reforms. Nevertheless, Ghana faces several challenges, particularly unemployment, which is yet to be addressed effectively.
1. Liberia
English Speaking Population: 82.87%
Cost of Living: $498
Liberia is a West African nation that is currently in the process of rebuilding after a period of civil unrest. Despite the beauty of its landscapes and richness of its culture, the nation is still facing a number of significant challenges that threaten to hinder its economic progress. Nonetheless, the people of this country are demonstrating remarkable resilience and determination for a prosperous future.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily E-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also explore our articles Semiconductor Market Share by Country: Top 12 and Top 12 English Speaking Countries in Asia.