1 year
Initial Duration
Varies
Monthly Income
$45
Application Fee
$1,800
Cost of Living/mo
Highlights
No income requirementParadise beachesNo income tax
Requirements
Income RequirementProof of funds required
Health InsuranceRequired
Proof of AccommodationRequired
Background CheckNot Required
Processing Time1-2 weeks
Duration & Renewal
Initial Duration1 year
Maximum Duration1 year
Renewal Options1 year, renewable
Benefits
Work Permissionremote only
Tax BenefitsNo local income tax
Path to ResidencyNo
Path to CitizenshipNo
Family IncludedYes
Things to Consider
- Expensive living
- Remote location
- Limited flights
Best For
- Beach lovers
- Luxury seekers
- Honeymooners
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