What to Expect in Roatán
White sand beaches, turquoise waters, and lush, verdant landscape are just a few of the reasons why Roatán is the place to buy your next home. This beautiful island community offers a change of pace for North Americans. Enjoy the slowed down Caribbean lifestyle by lounging on West Bay Beach or snorkeling along the largest barrier reef in the Western Hemisphere. Roatán is an accessible and affordable option for buyers seeking a place to retire or a vacation home.
In Roatán, you will experience moderate weather year-round, with temperatures ranging from 71°F (22°C) to 88°F (31°C).
Roatán is one of the best places to retire in the world and has a well-established expat community. Acquiring residency is a simple process, and you can likely be granted a Retirement Visa provided you have a minimum monthly income of $1500.
The island is growing in popularity, but is still not yet densely populated. Because tourism is an important industry on the island, the island is filled with amenities like restaurants and bars but without the crowding you might find on other Caribbean islands.
Getting to the Island
Roatán is a short 2.5-hour flight from Miami, 3.5-hour flight from Atlanta, or 3-hour flight from Houston, making it an easily accessible location for North Americans. With daily and direct flights from these American cities, expats are never too far from home.
Becoming a Resident
Much like other countries, including the United States, applying for residency can be a process.
Typically, an application for residency can take six to nine months. It is possible to enter the country as a tourist and apply for residency once in Roatán. Residency is not required prior to purchasing property.
There are four types of residency that you may apply for when relocating to Roatán.
- Rentist: The applicant must have a minimum monthly income of $2,500 from a source outside of Roatán.
- Retired: The applicant must have a minimum monthly income of $1,500 from a private or government institution.
- Investor: The applicant must show that the business or project is or will be funded by a minimum investment of $50,000.
- Relative: the applicant must be a relative of a current and legal resident. This application allows for dependents to be included (spouse or children).
The following documents are required to apply for residency:
- A passport (valid for at least one year prior to application)
- A police record
- A health certificate
- A photograph of the applicant (6 cm by 6 cm in size)
- Any documents related to the type of residency in the application
Obtaining residency is a legal process, so for more accurate or up-to-date information we recommend contacting an attorney that specializes in residency.