Taking place this week in the Caribbean is National REIA’s annual educational conference and cruise – aka “a vacation with an education!” With that in mind, a recent post on Realtor.com found the best affordable Caribbean beach towns to buy a home – or maybe a rental? The towns they’ve identified have what they call a solid mix of safety, affordability, great beaches, and easy-going real estate rules. Their criteria included price per square meter, crime rates, life expectancy, population growth, and economic factors…just to name a few. Of course they ruled out highly restricted and/or unstable places like Cuba and Haiti.
“The stakes are higher when investing outside the country. You need to really understand the rules. Do you need a visa to get into that country and live? Can you work in that country?” says Anthony Hitt, president and CEO of Engel & Völkers Americas, which includes Caribbean markets. “When people aren’t equipped with the answers, that’s when they get hurt.”
Click here to read the full story on Realtor.com.
Click here to learn more about National REIA’s annual real estate cruise!
