2 years
Initial Duration
$4,166
Monthly Income
$1,500
Application Fee
$2,200
Cost of Living/mo
Highlights
2-year visaNo income tax365 beaches
Requirements
Income Requirement$4,166/month
Health InsuranceRequired
Proof of AccommodationRequired
Background CheckRequired
Processing Time1-2 weeks
Duration & Renewal
Initial Duration2 years
Maximum Duration2 years
Renewal Options2 years, renewable
Benefits
Work Permissionremote only
Tax BenefitsNo income tax
Path to ResidencyNo
Path to CitizenshipNo
Family IncludedYes
Things to Consider
- High fees
- Expensive living
- Small community
Best For
- Beach lovers
- Sailors
- US East Coast timezones
Lifestyle
Internet Quality3/5
Safety Rating4/5
Climatetropical
TimezoneUTC-4
Ready to Apply?
Visit the official government website for application details.
Official ApplicationLast updated: January 2026