10 Affordable Caribbean Islands Where You Can Own A Vacation Home

Known as the Gem of the Caribbean, Barbados offers straightforward property ownership for non-nationals, with options ranging from affordable inland homes to pricier beachfront properties.


Accessible for non-residents to purchase homes, Trinidad & Tobago features affordable options in areas like Maracas Bay Village, renowned for its scenic beaches and dining.

Trinidad & Tobago:

A smaller, lesser-known island in Belize, Caye Caulker provides opportunities for vacation homes close to the beach, though buyers should navigate the unregulated real estate market cautiously.

Caye Caulker:

Located near Belize, Ambergris Caye is a prime spot for vacation homes due to its affordability, lack of capital gains tax, and proximity to amenities, offering a range of property options.

Ambergris Caye:

Antigua and Barbuda offer diverse options for vacation homes, with a slightly higher cost of living offset by its affordability compared to other Caribbean islands, plus incentives like citizenship programs.


As the largest of the US Virgin Islands, Saint Croix offers affordable vacation homes with essential amenities, making it straightforward for American citizens to purchase property.

Saint Croix:

Known for its natural beauty and tax benefits, Saint Lucia is ideal for vacation homes, with Rodney Bay offering affordable options and proximity to popular attractions.

Saint Lucia:

Las Terrenas in the Dominican Republic provides a tranquil atmosphere with international appeal, offering exceptional beaches and advantageous property taxes for vacation home buyers.

Dominican Republic:

Roatán in Honduras is a budget-friendly option for vacation homes, featuring a variety of affordable properties from beachfront houses to inland retreats amidst lush landscapes.


With no restrictions for US citizens, Puerto Rico offers straightforward property acquisition and affordable options in cities like Guayama.

Puerto Rico:

7 Budget-Friendly Islands To Retire In The US