live in Cuba, retire in Cuba, Cuba real estate, Living in Cuba

Christopher Howard's
Living and Investing in the New Cuba

a view of what the future holds for cuba
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Live in Cuba

Depending on your lifestyle you should be able to live for considerably less than in the U.S., Canada or Europe. Food, housing, transportation and most entertainment are cheaper and you will not have huge winter heating bills. One of the best ways to figure out if you can afford to live in Cuba is to compare your income with the wages of the workers of the country. This gives an accurate picture of your purchasing power and tells you how much you probably need to maintain your current lifestyle. But you must not assume professionals and others earn as much as their counterparts in the U.S., Canada or Europe. A social security check of a thousand dollars a month will enable you to live far better than most professionals in the majority of Latin American countries not, to mention Cuba.

The majority of Americans and Canadians will be able to have a maid, gardener, go out to eat and drink most evenings, afford entertainment, buy clothing and food and, in general, enjoy a lifestyle as good if not better that they would at home.

Another factor making Cuba affordable is the two tiered price system. It is one thing to visit Cuba as a tourist and another to live there. Tourists stay in high priced hotels, eat their meals in restaurants and generally live "high on the hog" by paying "top dollar" for everything. On the other hand, as a resident, you will save money by renting, purchasing food in markets and spending less. You will also learn to bargain or haggle for prices as done in the rest of Latin America.

However, the real secret to a low cost of living and getting more for your money is to try to "live like them locals." This does not mean you have to live in abject poverty but learn to economize in many situations.

From "Living and Investing in the New Cuba " by Christopher Howard. ALL RIGHTS RESERVED. No part of this article may be reproduced without written permission of the authors and copyright owner.

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