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Old 07-06-2010, 03:58 PM
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Join Date: Feb 2000
Location: St. Lucia, West Indies, WI
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Good luck with the repairs Tony. As for retirement, a few people from North America and Europe retire down here, and the ones that do it comfortably generally have a tidy nest egg or a good source of retirement income.

St. Lucia is a beautiful place to retire but the government here unfortunately can't seem to get a grasp of the fact that offering meaningful incentives to retiring foreign nationals will open up a whole different area of growth in our tourism sector. There are some decent incentive packages for foreign investors, structured to be more attractive as the value of the actual investment goes up, but nothing really geared towards retirees. It can still be done though - a beautiful house with an ocean view and a pool can be built down here for far less money than an equivalent residence in most parts of the US, Canada or Europe.

When I lived in Canada, a number of people I worked with were looking at Costa Rica for retirement and I remember that they were offering some pretty incredible incentives. Not sure what the status of that is now though.
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