1 year
Initial Duration
Varies
Monthly Income
$263
Application Fee
$4,000
Cost of Living/mo
Highlights
No income taxFastest processingPink sand beaches
Requirements
Income RequirementProof of funds required
Health InsuranceRequired
Proof of AccommodationRequired
Background CheckRequired
Processing Time5 days
Duration & Renewal
Initial Duration1 year
Maximum Duration1 year
Renewal Options1 year, renewable
Benefits
Work Permissionremote only
Tax BenefitsNo income tax
Path to ResidencyNo
Path to CitizenshipNo
Family IncludedYes
Things to Consider
- Very expensive
- Small island
- Isolated
Best For
- High earners
- US East Coast workers
- Beach lovers
Lifestyle
Internet Quality4/5
Safety Rating4/5
Climatesubtropical
TimezoneUTC-4
Ready to Apply?
Visit the official government website for application details.
Official ApplicationLast updated: January 2026