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Moving to Holetown, Barbados | Expat Exchange
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Moving to Holetown, Barbados

By Betsy Burlingame

Last updated on Sep 04, 2024

Summary: Moving to Holetown, Barbados? Expats talk about what you need to know before moving to Holetown.

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What do I need to know before moving to Holetown?

When we asked people what advice they would give someone preparing to move to Holetown, they said:

"Expats moving to Holetown should be aware that the official language is English, making it easier for English-speaking expats to communicate. The cost of living in Holetown can be quite high, especially when it comes to housing and dining out. The local currency is the Barbadian dollar, but US dollars are also widely accepted. The climate in Holetown is tropical, with warm temperatures year-round and a rainy season from June to November. It's important to note that Barbados is in the hurricane belt, and while direct hits are rare, they can occur. Healthcare in Barbados is of a high standard, with both public and private hospitals available. However, expats should ensure they have comprehensive health insurance as medical costs can be high. Holetown is known for its beautiful beaches, vibrant nightlife, and excellent restaurants. It's a popular tourist destination, so it can get crowded during peak travel seasons. Driving is on the left side of the road in Barbados, and while public transportation is available, having a car can be more convenient for getting around. Barbados has a relatively low crime rate, but like anywhere, petty crime such as theft can occur, so it's important to take standard precautions. The work culture in Barbados tends to be more relaxed than in many Western countries, but punctuality is still important. Finally, Barbadians, or Bajans, are known for their friendliness and hospitality, so expats can look forward to a warm welcome," remarked one expat in Holetown, Barbados.

What is a typical expat home or apartment like in Holetown?

"A typical expat home in Holetown, is often a luxurious villa or apartment that offers a blend of modern comfort and tropical charm. These homes are usually spacious, with multiple bedrooms and bathrooms, and are often furnished with high-end appliances and furniture. They often feature open-plan living areas that seamlessly blend indoor and outdoor spaces, taking full advantage of the beautiful Barbadian weather. Many homes have private pools and lush gardens, providing a tranquil and private oasis for residents. They are often located within gated communities, offering additional security and peace of mind. These communities often have amenities like tennis courts, golf courses, and fitness centers. The homes are usually located close to the beach, offering stunning sea views and easy access to water sports and beach activities. They are also conveniently located near shops, restaurants, and other amenities in Holetown. Despite the luxurious features, these homes often have touches of local architecture and design, such as coral stone accents, wooden shutters, and tropical landscaping, giving them a distinct Barbadian charm," remarked one expat who made the move to Holetown.

What is the average cost of housing in Holetown?

If you are thinking about moving to Holetown, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Holetown can vary greatly depending on the type and size of the property. For instance, a luxury beachfront property can cost several million dollars, while a modest inland home may be priced in the low hundreds of thousands. However, on average, you can expect to pay around one to two million dollars for a decent-sized property in a good location in Holetown. Please note that these prices are subject to change and can fluctuate based on the real estate market," remarked one expat in Holetown, Barbados.

Should I buy or rent a home in Holetown?

If you have not spent a lot of time in Holetown, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Holetown, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Holetown for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting might be a better option if you're not planning to stay long-term or if you prefer flexibility. Renting doesn't require a large upfront investment and it's often easier to move from a rental property than it is to sell a home. Additionally, renting can be a good option if you're unsure about the stability of your income or if you don't want the responsibility of maintaining a property. However, you won't build equity and the money you spend on rent won't contribute to an investment. It's also important to consider the real estate market in Holetown. If property prices are high and predicted to fall, it might be better to rent until prices become more affordable. Conversely, if prices are low and predicted to rise, buying could be a smart move. Lastly, consider the lifestyle you want to lead. If you value stability and the ability to personalize your living space, buying might be the right choice. If you prefer the freedom to move around and not worry about maintenance, renting could be better. In conclusion, both buying and renting have their pros and cons. It's important to carefully consider your personal situation and goals before making a decision. Consulting with a real estate professional or financial advisor could also be beneficial," commented one expat who made the move to Holetown.

What cultural faux pas should I try to avoid making in Holetown?

We asked people in Holetown if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:

"When visiting Holetown, it's important to respect the local customs and traditions. Dress modestly when you're not on the beach, as revealing clothing can be seen as disrespectful. Avoid using offensive language or making derogatory comments about the country or its people. It's also considered rude to take photos of locals without their permission. Barbadians, also known as Bajans, are generally warm and friendly people, but they value their personal space, so avoid touching or standing too close to someone unless you know them well. When it comes to dining etiquette, it's polite to finish all the food on your plate as leaving food can be seen as wasteful. It's also important to remember that the pace of life in Barbados is slower than in many other places. Bajans value a relaxed and laid-back lifestyle, so try not to rush or push things. Be patient and respectful of the local pace. Finally, while it's common for tourists to haggle in many Caribbean markets, this is not a common practice in Barbados. Attempting to haggle can be seen as disrespectful, so it's best to pay the asking price," replied a member in Holetown.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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