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The Cost of Moving to Grenada

The Move
T
he attraction of the climate, culture, beauty, attracts a number of expatriates to relocate to its shores every year. But there's a darker side to moving that few people ever consider -- did you know that many people who relocated to Grenada from the UK or elsewhere, returned to their former countries having failed to establish a new life?

Some people simply fail to survive a move overseas and it certainly isn't a case of "no going back" for the hundreds of disillusioned people who flock 'home' to their mother country year after year...therefore if you're thinking of moving to Grenada you need to understand the main reasons people cite when they return. By understanding these reasons you will avoid the pitfalls and pain and succeed where others may fail thereby fulfilling your dreams of a new life in Grenada.

Our first three months in Grenada were bliss. We were living in between two worlds; England and all the long hours commuting, expenses and past stress was behind us and Grenada with the reality of integrating here and setting up our new life somewhere ‘out there’ in front.

Money
The most common reasons for people returning abroad with their dreams shattered is that they simply run out of money.
If you're decided on Grenada and hoping to find work you need to know that unemployment in the country is way above the western average. If you've sold up and released equity to live on, have you honestly thought about how long you can practically live on this amount? What about affording your retirement years, trips back to your former home country, health care, transportation and the unexpected costs that spring up when we least expect them?

There are ways to afford to live on less and there are ways to make what you have go further. The bottom line is - to survive in Grenada you simply must consider your financial position before you make the final move.
Set some spending limits and do a ‘priority to buy’ list. Arriving with large lump sums of cash after selling up overseas can leave an inflated sense of wealth, until the bills start rolling in.

During the ‘honeymoon’ or before, is a good time to start drawing up a preliminary budget. It is of course difficult to get an overall feel of the change of the day to day expenses all at once. Prices are different; some items cost more and others a lot less.

What we did notice, as soon as I started work, was the importance to adjust to the new cost of living straight away. My salary was a third of what I earned in England. Our shopping bill was more or less the same. We needed to buy a car and looking at the prices, we were shocked.

During the time of planning the move, having an idea of the day to day living costs can suddenly become essential. With all the talk of Grenada being great for life style, it is still important to consider whether you can afford to enjoy the life style you want and to start to build realistic expectations. Below is a general list of things to consider to give you some idea of local costs.

Location
Consider the accessibility of a location for family and friends to visit you and for you to reach a doctor, the supermarket, a school or even a hairdresser. Find your perfect location by visiting the areas you're interested in and considering them thoroughly from the point of view of how easy and practical your day to day life there will be. But do bear in mind that 'homesickness' and 'inaccessibility' are some of the main reasons people cite when they give up on their dream of a new life in Grenada.

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