What it’s really like to retire on a Caribbean island — on $3,000 a month

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What it’s really like to retire on a Caribbean island — on $3,000 a month
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Retirees can live on this Caribbean island for $2,000 to $3,000 a month

Nestled in her 1960s hillside home perched high above the glittering sea, Julie Lea awakens each morning to the sound of rustling palms, chirping birds and the gentle bleating of goats that wander a nearby farm.

“There is something magical about life here,” says the 76-year-old artist and painter, who with her writer husband of 50 years, moved full-time to the Caribbean island of Bequia in 2005. “We’re 50 stories above the beach below us, there’s endless sky and clouds and activities, we hear the birds in the trees, we’re surrounded by nature and flowers. There’s a calmness we just love.

But Bequia, which is part of the Grenadines in the Caribbean, isn’t for everyone: It’s only 7-square miles and home to only about 5,000 people. The mosquitoes are fierce, the summer can be hot, and the pace is slow . But it has plenty of pros, too: Daytime temperatures are in the 80s most of the year, it’s not overrun with big resorts and tourists , and the beauty is straight out of a postcard. “These are the beaches of my dreams,” Lea tells MarketWatch.

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