Honduras
• Central America
Overview
Honduras offers extremely low cost of living—45% below US costs with rent 80% cheaper—and the island of Roatán provides a unique English-speaking Caribbean lifestyle. The Pensionado visa requires $1,500-2,500/month proven lifetime income, with processing taking up to 9 months at $2,500-3,000 cost. Unlike other countries, Honduras doesn't distinguish between long-term visas and permanent residency. In Roatán, $1,500/month covers basic needs while $2,000-2,500 provides a comfortable lifestyle. The island has modern conveniences including high-speed internet, reliable cell service, and a branch of Honduras's top hospital. Dual citizenship is permitted after 3 years.
Visa Options
Pensionado Visa
Requires $1,500-2,500/month proven lifetime income from pension or Social Security. Tax-free on foreign income. Processing takes up to 9 months at $2,500-3,000 cost.
Tourist Visa
90-day automatic tourist visa on arrival. Extensions available. Government recently requiring residency after 90 days for longer stays.
Highlights
- ✓Roatán: English-speaking Caribbean island, former British protectorate
- ✓Cost of living 45% below US, rent 80% cheaper
- ✓Pensionado: $1,500-2,500/month income for indefinite residency
- ✓No tax on US pensions, Social Security, or foreign income
- ✓Dual citizenship permitted after 3 years
Considerations
- !Mainland Honduras has high crime—Roatán much safer
- !Visa processing takes up to 9 months, costs $2,500-3,000
- !Government recently requiring residency after 90-day stays
- !Limited healthcare—complex cases require travel
- !Hurricane exposure June-November