January 2022 - BrightPath Caribbean

Six of the Best Places to Retire in the Caribbean

Posted on January 31, 2022August 22, 2024 by BrightPath Caribbean

Clear blue waters, warm and shiny white beaches, and a slow-paced life that’s far stretched from the hustle and bustle of metropolitans are what all retirees long for, and the Caribbean offers it. If retiring in the Caribbean is your true calling, then this is the blog you should be reading today.

Whether you’re far from the retirement stage and like to plan ahead, or you have come to the point where a decision has to be taken immediately, we’ll help you find the land of your dreams. With over 700 islands spread across the region, you too can find a home in the Caribbean where you can spend the retirement life you’ve always imagined.

Belize

Home to the second-largest barrier reef in the world, Belize is a small country with a population of less than half a million. The country’s biggest tourist destination in Belize City, which is also a great place to settle for retirees. Tax exemptions, business opportunities, and multiculturalism of Belize make it a great place for people who want to enjoy a beachy life but want to hold on to the urban lifestyle.

St. Maarten

Part Dutch and part French, St. Maarten is the smallest inhabitant island in the world. Duty-free shopping, upscale neighborhoods, and booming tourism are some of the best features of St. Maarten. If you’re a retiree who wants to enjoy a cultural and social hub in the Caribbean, then head over to St. Maarten to enjoy exotic cuisine, buzzing nightlife, and an array of investment opportunities.

Anguilla

Just across St. Maarten’s is Anguilla Island. Offering tax exemptions on capital gains and personal income, the country is another one of the British Overseas Territory in the Caribbean. Restaurants, resorts, and the year-long warm temperature of Anguilla make it another favorite retirement destination in the Caribbean.

St. Kitts and Nevis

If you want to immigrate to the Caribbean and want to enjoy a rustic, slow-paced, and town-like vibe, then St. Kitts and Nevis is the place to be. The island offers tax exemption on inheritance and foreign income as well the oldest Citizen by Investment Program for as low as $150,000.

Antigua and Barbuda

Antigua and its sister island Barbuda are two of the most affordable places to live in the Caribbean. Not only can you obtain extended stay permits, but you can also apply for citizenship through investment. The island also offers a second passport to its permanent residents and tax exemptions.

Dominica

Marketed as the ‘Nature Island’ of the Caribbean, Dominica is one of the most forested lands located in the Lesser Antilles of the Caribbean. So for retirees who want to enjoy beaches, rains, forests, and mountains altogether, Dominica offers everything.

Retire in the Caribbean

If you are looking for a reliable retirement consultant in the Caribbean, then get in touch with us at BrightPath Caribbean. We offer immigration consultancy, relocation services, and retirement services in the Caribbean.

Five Things Nobody Tells You About Starting Business in Belize

Posted on January 30, 2022August 22, 2024 by BrightPath Caribbean

Located in the south of Mexico and America, in the Central American region, Belize is a small country that gained independence forty years ago. Home to a multicultural population, Belize is the only English-speaking country occupied by Spanish-speaking nations in the Caribbean.

For Americans and Canadians looking to start a business in the Caribbean, Belize is the perfect place with ample opportunities for virtual and brick-n-mortar ventures. Here are things about starting a business in Belize that you may not have known until now.

Foreigners are Fully Facilitated

Although Belize is a rapidly developing country with a decent per capita income, the economy is still in its infancy. Therefore, the government is keen on welcoming and facilitating foreign investors who help develop the country’s infrastructure or offer jobs to the Belizeans.

This is why if you are a foreigner wanting to set up a business in the country, not only will the government help you through the process but also ensure that the obstacles are removed from your path.

Off-Shore Business Exemptions

One of the best parts about starting a business in this country of over 400,000 population is that you don’t have to be physically present in the country. Belize allows foreign nationals to establish remote businesses from anywhere in the world. So if you want to open up a media agency, writing service, or a call center in Belize, you can do so easily.

Small Businesses are Ruling

Over 90 percent of businesses in the country are small businesses started with minimum capital. However, as a foreigner, you need to have a bank account in Belize and a stay record of up to six months. It will be a good idea to set up a bank account in the country right away to initiate the process.

Enjoy Tax-Free Income

Americans can earn up to half a million dollars of tax-free income in Belize, and nationals of other countries can earn even more. As per the Foreign Earned Income Exclusion (FEIE) privilege, foreign nationals can enjoy profits in the country and save tax money too!

Investment Leads to Residence

If you invest in Belize or start a business, the country offers you a residency permit in exchange. So if you plan to enjoy retirement life in Belize or want to make it a second home, starting a business is a suitable and easy way to do so. It’s also one of the only Central American countries that’s part of both the Caribbean and Central America, therefore, enjoys trade in both regions.

Start Business in Belize Today

If you want to immigrate to the Caribbean and Belize is your choice of destination, then reach out to us at BrightPath Caribbean for all kinds of immigration and business services. We offer business consultancy and help with setting up off-shore companies, opening banks accounts, and relocating to Belize and other Caribbean countries. Enjoy the vast business opportunities the Caribbean has to offer!

Here How’s You Can Buy Land in St. Maarten

Posted on January 29, 2022August 22, 2024 by BrightPath Caribbean

Buzzing nightlife, upscale neighborhoods, and home to some of the world’s most beautiful beaches, St. Maarten is the perfect choice to relocate or invest in. The 37 square mile island is the smallest known island in the world, and immigration to St. Maarten is comparatively easier than in other Caribbean countries.

In case you have been looking to relocate to St. Maarten or want to invest in one of the best islands in the Caribbean, this blog is your ultimate guide. We’ll tell you everything you need to know about buying property in St. Maarten right here.

St. Maarten or Saint Martin?

If you go online and look up St. Maarten, you’ll find what you’ll assume to be two spellings of the same place: St. Maarten and Saint Martin. Interestingly, these two spellings denote the two halves of St. Maarten island, the northern and the southern, owned by the Netherlands and France, respectively.

Both the islands have different governing bodies and somewhat variance in rules. What’s similar is the serenity, public security, and investment returns in both the halves co-owned by the Dutch and the French.

In this blog, we’ll guide you about buying property in St. Maarten – the Dutch-owned territory.

Benefits of Buying Land in St. Maarten

Here are some of the benefits of investing in St. Maarten:

Lucrative and booming real estate sector
Numerous posh neighborhoods and luxurious villas, condos, etc.
No annual property tax
Duty-free shopping all across the southern part of the island
Business opportunities with small capital investment
Safe quality of life and hub of international sea transport
Major Caribbean tourist destination
Not overcrowded hence serene and abundant in resources

How to Buy Land in St. Maarten

Here’s what you need to do to buy land in St. Maarten as a foreigner:

Find a Consultant

An immigration, business, or relocation agency can help you in many matters when you set foot in St. Maarten. Albeit the processes to acquire land in the region are easier, there is some paperwork and permits involved for which you’ll need the help of a consultant.

Begin the Search

Your consultant or a reliable realtor can help you find the right property to buy on the island. If you’re moving to St. Maarten, look for a villa or condo that’s best for your family’s needs. Size, location, budget, and amenities are some of the key factors in finding the right property. For investment, your realtor will tell you about the lucrative opportunities.

Seal the Deal

Once you have finalized the property, your consultant will fulfill the necessary paperwork requirements of the local government. You can then seal the deal and enjoy the life St. Maarten has to offer.

Settle in St. Maarten

If you plan to live in St. Maarten for the rest of your life, you can obtain a residency permit with the help of an immigration consultant like BrightPath Caribbean. Get in touch with us today to get started.