20 Cheap Tropical Places to Live that Speak English

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In this article, we will list and explore 20 cheap tropical places to live that speak English. You can skip our detailed analysis on the economic dynamics of tropical countries and go directly to our list of 5 Cheap Tropical Places to Live that Speak English.

Tropical regions experience consistently warm temperatures throughout the year. These areas are renowned for their rich biodiversity, hosting a multitude of unique plant and animal species that have adapted to the lush and humid environments. Tropical climates are often characterized by distinct wet and dry seasons, contributing to the formation of vibrant ecosystems such as rainforests and coral reefs. Such destinations typically thrive on tourism, agriculture (focused on tropical fruits and spices), and natural resources.

Key Economic Dynamics of the Tropics: Tourism

According to a paper featured in Science Direct, in 2023, the tropics served as the residence for 3.3 billion people, accounting for roughly 40% of the global population. Projections suggest that the worldwide urban population will reach 6.3 billion by 2050, with approximately 60% of this growth occurring in tropical countries.

Simultaneously, per World Tourism Organization, in Q3 2023, global tourist arrivals rose by 22%, also indicating a strong summer in the Northern Hemisphere. By July, international arrivals reached 92% of pre-pandemic levels. Overall, tourism recovered to 87% from January to September 2023, and was estimated to hit nearly 90% by year-end. Projections had estimated international tourism receipts at USD 1.4 trillion in 2023, equivalent to 93% of the 2019 total.

These global dynamics are particularly pertinent for regions like the Caribbean, as it heavily depends on travel & tourism, contributing 13.9% to the GDP in 2019 and 9.1% in 2021. Eight of the top ten most tourism-dependent countries globally are in the Caribbean, and supported 15.2% of jobs in 2019, slightly decreasing to 13.4% in 2021. Despite a 3% annual growth rate between 2010 and 2019, exceeding regional economic growth, the sector lags behind the global average of 4.2%. The COVID-19 pandemic caused a 53.2% GDP drop and a 25.8% employment decline in 2020, with the Caribbean experiencing the second-fastest recovery in 2021, contributing 36.6% to GDP growth and creating 311,000 jobs.

The region's recovery is ongoing, with WTTC projecting 27.2% year-on-year Travel & Tourism GDP growth in the current year, although still below the global average of 43.7%. Projected growth over the next decade suggests a 5.5% annual increase, more than double the overall economy's growth, with 916,000 new jobs by 2032. There's potential for higher growth, reaching an annual rate of 6.7%, resulting in a US$ 96.6 billion Travel & Tourism GDP in 2032 and creating 1.34 million new jobs, up from US$ 50.5 billion in 2022.