Question:

Caribbean country money?

by  |  earlier

0 LIKES UnLike

in which caribbean country can an average canadian make the most money

 Tags:

   Report

4 ANSWERS


  1. If you want to work and live in the Caribbean, there are lots of information you must have in order to begin making plans.

    These are Work Permit, Immigration policies, housing,

    and what skills do you have that the Cit zens lack, etc.


  2. What is your profession? What experience and skills do you have that would be valuable to a caribbean island? Some islands don't hire outsiders, others require a work permit. many variables to consider. The islands have different laws and red tape just like Canada and the USA.

    It's very expensive to live in the Caribbean. Most things are imported.

    Well, good luck to you)

  3. Depends on what work you do.

  4. Well all things being equal, the majority of Caribbean currencies are tied to the US$.

    However the majority of countries use the Euro or the Eastern Caribbean dollar (The EC$).

    The countries with their currencies tied to the US$ are:

    Aruba

    Barbados

    The Commonwealth of the Bahamas,

    Belize

    Bermuda,

    Cayman Islands,

    Netherlands Antilles

    ------

    + The Eastern Caribbean dollar countries:

    Anguilla (UK)

    Antigua & Barbuda

    Grenada

    Dominica, The Commonwealth of

    Montserrat (UK)

    Saint Kitts & Nevis

    Saint Lucia

    Saint Vincent & the Grenadines

    -----

    The counties with a floating currency not tied to the US$:

    Cuba

    Dominican Republic

    Guyana

    Haiti

    Jamaica

    Trinidad & Tobago

    -----

    The countries on the Euro altogether:

    Guadeloupe

    Martinique

    Saint Barthélemy

    Saint Martin

    The thing is....  In many cases in the Caribbean many islands buy their goods from Canada, Europe the United States Canada, and a slim bit from Latin America.  So--- your money will pretty much pan out to equal strength in whatever market you move to.

    In Barbados things are double what they are in the US because the dollar is tied to the US $.  So if you pay double in Barbados currency that = the equivalency in US money.

    In Jamaica the rate is around 70 Jamaican dollars to a US dollar so you may hear things counted in the "hundreds" or the "thousands" which is really just falling back again to the actual rate of exchange to the US $...  so that is what I mean by when I say your money will pan out whereever you choose to live....

Question Stats

Latest activity: earlier.
This question has 4 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.