Join Date: Apr 2007
Location: St Thomas USVI
Thanked 35 Times in 33 Posts
Rep Power: 10
Re: Where do you want to retire in Caribbean or Central or South America?
Sawingknots sounds like the voice of experience here. Is there a tale behind this piece of advice?
When arriving on St Thomas we had housing lined up for the first six months. During that time we researched the housing market and learned the lay of the land. Had we arrived in a hurry to buy we would have made some huge mistakes. Coming from Colorado I thought I wanted to be on the top of a hill. The north side is cooler and more lush. Putting those two ideas together I thought I'd found the perfect place until I discovered something the locals call the mold line. At a certain elevation, mold grows like crazy inside and out!!! That is just one example of a pitful avoided.
People move here all the time and think it's going to be paradise. For a variety of reasons they discover they don't like it and decide to leave. That provides for excellent garage sale opportunities!!!! Countless people sell of give away everything and move to discover they've made a huge financial error. That also goes for many who have come down and made poor choices on boats that they weren't capable of maintaining and now can't sell for a fraction of what they've paid.
Look before you leap! Actually look twice or three times before you leap is probably even better advice.