Hi,
We are considering a transfer to Barbados and are trying to figure out costs associated with living over there.
We visited Barbados last week and got a feel for the island, found a school we like (Providence), saw a house we really liked, but I need some additional help with expenses.
Can anyone help me with ~
Vehicles ~ we're planning on spending $35k-$40k USD on 2 cars. (Is this reasonable?)
What would interest be on a $30k USD loan? We won't have any credit in Barbados since we are just moving there.
What is property tax or other taxes on buying a car?
What is insurance?
Should we buy a car or lease a car?
Utilities ~ what would average utilities be on a 3,500 sq ft home? I know this varies quite a bit, but I would like to have some sort of idea. I saw that everyone keeps windows open & uses the breeze when possible. I'm good with that.
Groceries ~ what would groceries be for a family of 5? I'm okay with buying local, what's in season and learning all of this, but I'm sure my kids will want some US foods as well.
