In this article, we discuss the Top 5 Hawaii Retirement Alternatives in the World. If you want to check out our detailed analysis, go directly to Top 25 Hawaii Retirement Alternatives in the World.
5. Isla Colón, Panama
Insider Monkey score: 5.5
In the quest for a tropical island without the danger of hurricanes, Isla Colón, Panama is one of the best options in the Caribbean. The expat community has been firmly and happily established, with a couple living with as little as $1,400 per month. Bocas Town is one of the most inspiring places with colorful buildings over water, supported by stilts. The residents can enjoy many relaxing pastimes, like fishing, water sports, and whale watching. While the climate is prone to heavy rainfall, people who love to explore outside can still get tremendous satisfaction by exploring the rain-forests.
4. Grenada
Insider Monkey score: 6.0
Found in the West Indies of the Caribbean Sea, Grenada is one of the top Hawaii retirement alternatives in the world. It provides a range of attractions, the least of which is the low cost of living despite first-rate luxuries available. An individual can stay in an apartment in the city center and maintain a comfortable living style at the cost of $1,574 a month. Its warm climate is conducive towards unveiling the offerings of the island through participation in various activities. It is famous for its underwater sculpture park, chocolate production, fabulous beaches, waterfalls, spices, historical forts, hot springs, tropical forests, nutmeg production and botanical gardens.
3. Bahamas
Insider Monkey score: 6.1
Situated in Atlantic Oceans, close to the US, and comprised of 700 islands, the Bahamas has been hailed as one of the best retirement destinations around the world. Their luxury resorts, crystal-clear water and white-sand beaches are one of its multiple attractions for people thinking of settling there. While the cost of living varies location to location, it is still viable enough to spend a comfortable life, amounting to about $2,500 for a single person living in the center of the city. Another attraction for the expats is the official language, which is English, making the transition easier. Low population density is also an advantage in that the island is not constrained with depleting resources.
2. Dominican Republic
Insider Monkey score: 10.0
An amalgamation of Europe and the Caribbean, Dominican Republic is one of the most mesmerizing islands on the face of the earth. It is a paradise for expats, providing them with idyllically beautiful beaches and exquisite range of culinary choices. They also appeal to the adventurous and outdoorsy type, with activities like zip-lining and horseback riding. The cherry on the top is the fact that all these luxuries can be experienced without putting a strain on the pocket. Real estate prices are not sky-rocketing, thereby, making them affordable and residency permits are also easily accessible. While a comfortable lifestyle can be maintained within $2000, most people prefer to spend up to $3000. Furthermore, there are many tax benefits for expats and the medical services are not only affordable but also of high-quality. Thus, it is no wonder that this island makes to our list of top Hawaii retirement alternatives in the world.
1. Belize
Insider Monkey score: 10.1
Depicting the essence of ancient Mayan civilization, Belize is an attractive spot for historical enthusiasts. Apart from the Mayan ruins, people can also enjoy their jungles and rain-forests. The population speaks English freely and many expats have already established roots there. Even the US currency is widely used and many brands are also easily available. Depending on the housing situation, a couple can maintain an easy lifestyle within the range of $2000- $3,150 per month. Belize Barrier Reef Reserve System is known for their diving and snorkeling. The medical facilities are also a positive point for retirees. Therefore, we find Belize at the top of our list of Hawaii retirement alternatives in the world.
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