Roatan Honduras offers both relaxed and cost-effective alternatives to the rest of the Caribbean Islands. It is only here that you will acquire the massive amounts of properties to invest in.
Can US citizens buy property in Roatan?
Foreigners can directly buy property in Roatan, and prices are generally lower than places in Mexico, or elsewhere in the Caribbean. The condo market is new but growing. However, much of the new product is orientated to beach homes, that are used for vacation rentals when they are not in use by owners.
Where is the best place to live in Roatan Honduras?
Three Places to Live in Roatan
- West Bay/West End. West Bay and West End are the main tourist areas in Roatan.
- French Harbour. For many expats, the gated communities in and around French Harbour deliver a suitable secure lifestyle.
- Venice of the Caribbean.
- Coxen Hole.
- Downtown French Harbour.
Is Roatan a good place to retire?
Not only is the island fun and beautiful, but it’s extremely affordable and accessible as well. While a retirement visa on Roatan requires you have at least $1500 each month, a couple could live off of $1,200 a month here, per the Global Retirement Index for cost of living.
Is Roatan a good place to invest in real estate? – Related Questions
Does Roatan have good healthcare?
There are multiple options available, from small clinics to a brand new, world-class hospital. If you are visiting Roatan or moving to Roatan, you can rest assured that medical care is available.
Are there property taxes in Roatan?
Those property taxes are paid annually in August at the municipal offices in Oakridge or in Coxen Hole. You can get a discount if you pay your property taxes in the first quarter of the year. Don’t forget about Capital Gains Taxes as you consider your real estate purchase in Roatan!
How much do I need to retire in Honduras?
In general, a monthly amount of $1000–$1500 would be enough for you to live comfortably in Honduras.
Is Roatan safe for expats?
Roatán is an excellent choice for Expats moving to the Caribbean. Roatan is close to the US; it’s affordable, there is a multitude of charitable groups that would love the expat help, and the expat community is fabulous.
Can US citizens live in Roatan?
Roatan has become a very popular spot for both expats and tourists coming from North America. Canadians and Americans especially love the convenience of reaching this Caribbean island directly. There are many Americans in Roatan who live here part-time or full-time.
How long can you stay in Roatan Honduras?
Travelers will receive an automatic 90-day tourist visa when arriving at a Honduran international airport. The expectation is that travelers who visit Roatan as tourists will leave the country before the 90-day mark. Travelers can put in a request for an extension of 30 additional days.
How much does it cost to build a house in Roatan Honduras?
On the average, building cost to build in Roatan is approximately $100 – $150 per square foot for wooden structures. Cement structures range from $150 – $200 per square foot. Outdoor decks and living spaces can amount to 40% of the cost spent on interior spaces.
Where do expats live in Roatan?
Expats tend to look at several popular neighborhoods in Roatan. Primarily, those popular areas are Sandy Bay, West End, West Bay, Pristine Bay, Palmetto Bay Plantation, Keyhole Bay and several neighborhoods on the East End.
Is it easy to move to Roatan?
Visas & Residency – Can I Move to Roatan? You will need to apply for residency in Roatan to make a permanent move to the island. The good news is that it is a fairly simple process. There are a few different ways to apply, depending on whether you are a retiree, an investor or if you have family links to Honduras.
Is there a lot of crime in Roatan?
Roatan, on the other hand, relies heavily on tourism and for that reason is incredibly safe. Police presence is highly visible in tourist areas such as West Bay, West End and Sandy Bay. If Roatan is known for any crime at all, it’s typically linked to petty thefts and burglaries.
Why do Americans move to Roatan?
One of the greatest advantages of moving to Roatan island is that costs are much lower than average in this part of the world. Many people from North America and Europe are delighted to find that their funds go much further. By far the least expensive thing about living here is that Roatan real estate is much cheaper.
Is Roatan cheap?
The average price of a 7-day trip to Roatan is $1,911 for a solo traveler, $3,432 for a couple, and $6,434 for a family of 4. Roatan hotels range from $24 to $202 per night with an average of $50, while most vacation rentals will cost $160 to $520 per night for the entire home.
Is Roatan expensive to live?
Excluding your rent, you’ll find living expenses on Roatan are approximately $300 to $750usd per month.
How is the Internet in Roatan?
On Roatan, for an island, our internet’s pretty decent– though it’s not speedy, it doesn’t fail very often, though power outages can happen once a week or so.
What is the cheapest US island to live on?
6 Affordable Islands You Can Actually Live On
- Amelia Island, FL. Livscore:
- Daufuskie Island, SC. Livscore:
- Chincoteague Island, VA. Livscore:
- Mustang Island, TX. Livscore:
- Washington Island, WI. Livscore:
- Okaloosa Island, FL. Livscore: | Population: 19,408.
What is the safest Caribbean island to retire to?
The safest Caribbean islands to visit
- The Dominican Republic.
- Anguilla.
- St. Maarten/St. Martin.
- St. Barts.
- The Virgin Islands.
- Antigua.
- Turks & Caicos.
- Cayman Islands.