ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Why Digital Nomads Are Increasingly Moving to These Two Caribbean Cities

Domingo in the Dominican Republic (DR) and Cartagena in Colombia are ranked as two of the top digital nomad destinations right now.
PUBLISHED APR 1, 2024
Cover Image Source: Cartagena, Cartagena Province, Bolívar, Colômbia | Unsplash | Mauro Lima
Cover Image Source: Cartagena, Cartagena Province, Bolívar, Colômbia | Unsplash | Mauro Lima

With the Caribbeans offering picturesque beaches, warmer climates, and more, it's understandable why it has emerged as one of the top tourist spots in the world. However, not everybody is heading to the Caribbeans for a vacation, some are looking at it as the perfect place to settle and create wealth. Many cities in the Caribbean still haven't caught the eye of tourists and still boast a reasonable cost of living along with perks like incredible biodiversity, countless white sand beaches, and more.

Back in 2021, the Caribbean turned its attention towards the digital nomads of the world and decided to start rolling out their digital nomad visas. Now, many professionals are moving to cities in the Caribbean that offer the perfect blend of cultural and professional opportunities. 

Zona Colonial, Santo Domingo, Dominican Republic | Unsplash | Yi Wei
Zona Colonial, Santo Domingo, Dominican Republic | Unsplash | Yi Wei

Based on findings by Nomad List, which is one of the most popular sites for tracking rotation trends all over the world, cities like Santo Domingo in the Dominican Republic (DR), and Cartagena in Colombia are ranked as the two of the top digital nomad destinations right now. According to the platform, the two cities offer great fun, an amazing climate with temperatures ranging between 95°F and 102°F during the winter, and affordable living at a time when the cost of living in the US is soaring.

Santo Domingo, the city that was the first city founded by Europeans in the American continent, served as the strategic location on the banks of the Ozama River, which flows directly into the Caribbean. People visiting the city are often attracted to the old charm, thanks to some of the historical monuments that are present in the city, which date back as early as the 15th century.

 Dominican Republic | SJ Objio
Dominican Republic | SJ Objio

Santo Domingo is also one of the best-equipped capitals in the Caribbean known for hosting people from across the borders. Furthermore, the city offers a plethora of cafes and is equipped with well-rated coworking spaces. While the local nightlife may not be quite popular there, there's still a varied selection of bars that serve two-dollar beer around the colonial center. 

As per the findings, it only takes around $1,941 per month to live in Santo Domingo, with rent being particularly cheap compared to bigger cities. You may be able to get a one-bedroom just outside the city center for as little as $392. Moreover, the food prices in the city are also pretty reasonable with regular eating out ranging between $10 and $12. However, it's important to note that the capital is not as safe and nomads are advised to be cautious, especially in a few crowded areas where theft is on the rise.

Cartagena | Leandro Loureiro
Cartagena | Leandro Loureiro

Cartagena also boasts some similar perks, with the city also offering the old-world charm. The city that was built by European settlers at the turn of the 16th century is one of the first four cities in the Caribbean. The place is also the gateway to the wide Columbian culture. The cafe culture is also strong and the city offers myriad opportunities for young professionals. The city is also known for its long-term, reasonable rents with the average ranger per month falling between $204 and $505.



 

However, just like Santo Domingo, the city has a huge room for improvement when it comes to safety. People relocating to Categana are often advised to keep a low profile. As per the US State Department, the city falls under the 'higher risk' level three category. This is why the Caribbean, despite being a great option, is only safe for more experienced travelers.

MORE ON MARKET REALIST
The sharks did not expect the product to taste as good as it did, considering what it was made from.
4 hours ago
The designer was also commissioned by top brands and worked for the royal family.
5 hours ago
The host had a look of bewilderment on his face which was absolutely hilarious.
6 hours ago
Things did not seem to be going well for the entrepreneur due to her high energy.
9 hours ago
The guest might have had high expectations, but they were quickly brought down to earth.
10 hours ago
The contestant was unable to contain her excitement and hugged the model.
1 day ago
Two of the players got it right, and while the player who lost didn't mind, fans were not satisfied.
1 day ago
Lisa celebrated her birthday in style with a perfect two-card guess to win the big prize.
1 day ago
Rick Harrison did what he could to console the guest who said that he had lost faith in NASCAR.
1 day ago
Both the guest and the expert were fascinated by how well the automaton worked.
2 days ago
One of the entrepreneurs broke down in tears, explaining all the struggles they had to go through.
2 days ago
She couldn’t believe it when her doll was appraised at a five-figure sum, and laughed in disbelief.
2 days ago
Ken Jennings truly has embraced "Jeopardy!" in every way possible at this point.
2 days ago
The comedian was impressed by the simplicity of the product and amused by the pitch.
3 days ago
Harrison usually makes smart deals on the show, but this vintage car buy turned into a costly mistake.
3 days ago
Had she started the game in a better way, she might have won the five-figure prize money.
3 days ago
Barbara Corcoran made the exact same offer, and she wasn't happy about being rejected.
4 days ago
The guest believed that it was worth a modest amount of money, but that was clearly not the case.
4 days ago
With James Holzhauer in the lead, Amy Schneider and Andrew He decided to joke around.
4 days ago
Barbara Corcoran told the founders that she had never seen Greiner so passionate.
4 days ago