Real Estate in Trinidad & Tobago

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By Joshua Wood, LPC

Last updated on Mar 28, 2025

Summary: An expat looking to buy a home in Trinidad & Tobago should begin by researching the local real estate market. They should look for listings on websites such as Property Finder, Point2 Homes, and RE/MAX. It is also a good idea to contact a local real estate agent who can provide more information about the area and help with the search. Foreigners are allowed to purchase property in Trinidad & Tobago, but there are certain restrictions. Non-residents must obtain a permit from the Ministry of National Security before they can purchase property. Homes in Trinidad & Tobago typically include amenities such as air conditioning, swimming pools, and security systems. Many homes also have large outdoor spaces, such as gardens and patios.

How do I find a place to live in Trinidad & Tobago?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"I looked everywhere and found a gorgeous home in a gated community with NO EXPATS and all upper crust Trinis," said one person in Carenage.

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What is a typical expat home or apartment like in Trinidad & Tobago?

"Expat homes and apartments in Trinidad & Tobago tend to be modern and comfortable, with air conditioning, cable TV, and internet access. Many expats choose to live in gated communities, which offer a greater sense of security and privacy. Expat homes and apartments often come with a variety of amenities, such as swimming pools, gyms, and tennis courts. Expats can also find homes and apartments in more traditional neighborhoods, where they can experience the local culture and cuisine," explained one expat living in Trinidad & Tobago.

"4 Bedroom / 3.5 Bath with a pool and small yard. Yes, there are also nice townhomes with plunge pools available in the area," said one person in Port of Spain.

"We live in a 4 bedroom house with a pool and a small garden which is ideal for the children. There is not much land and the houses are generally overlooked by other houses! Also, because of the high crime rate in Trinidad you will find that there are wrought iron bars on all windows and doors. Some do blend in with the houses and after a while you do tend to forget about them - but they are obviously there for a reason," said one expat who made the move to West Moorings.

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What is the average cost of housing in Trinidad & Tobago?

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

"Lower. If you want the false security of where expats live (and thus to me, a target for when SHTF) you are going to pay crazy high prices because Trinis rent these houses to corporations and get big money from them. If you live in a nice community without expats in Trinidad, it is much more reasonable. My house is $2,800US with 5 bedroom, 5 bath, all stainless kitchen, pool, jacuzzi, view and I'm right by Chaguaramus, beaches, and town. The one road in and out sucks but nothing is perfect. PS - my electric bill per month is the equivalent of $150US - I paid $350 a month in the summer to cool my ranch house in the US!!," said one expat who made the move to Carenage.

"Housing is higher here then in Canada, but there is less land here and that is expensive," explained one foreigner living in Port of Spain, Trinidad & Tobago.

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Should I buy or rent a home in Trinidad & Tobago?

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

"When deciding whether to buy or rent a home in Trinidad & Tobago, it is important to consider your financial situation, lifestyle, and long-term goals. Buying a home can be a great investment, as it can provide you with a stable place to live and the potential for appreciation in value. However, it also requires a large upfront investment and ongoing maintenance costs. Renting a home can be a more affordable option, as it requires less of an upfront investment and no maintenance costs. However, it does not provide the same potential for appreciation in value. Ultimately, the decision to buy or rent a home in Trinidad & Tobago should be based on your individual needs and preferences," remarked one foreigner who made the move to Trinidad & Tobago.

What do I need to know when buying property in Trinidad & Tobago?

When we asked expats what advice they would give a foreigner before buying a property in Trinidad & Tobago, they said:

"1. It is important to research the area you are interested in buying property in, as well as the local laws and regulations that may affect your purchase. 2. It is also important to obtain a survey of the property to ensure that it is in good condition and that there are no hidden issues that could affect your purchase. 3. It is also important to obtain a title search to ensure that the property is free of any liens or encumbrances. 4. It is also important to obtain a valuation of the property to ensure that you are paying a fair price. 5. It is also important to obtain legal advice from a qualified lawyer to ensure that all documents are in order and that your rights are protected. 6. It is also important to be aware of any taxes or fees that may be applicable to the purchase of the property. 7. Finally, it is important to be aware of any restrictions or covenants that may be attached to the property, such as restrictions on the use of the property or restrictions on the sale of the property," said one in Trinidad & Tobago.

Are foreigners allowed to own property in Trinidad & Tobago?

When we asked expats what advice they would give a foreigner before buying a property in Trinidad & Tobago, they said...

"Yes, foreigners are allowed to own property in Trinidad & Tobago. The country has a liberal foreign investment policy, which allows non-nationals to purchase and own real estate in the country. Foreigners are also allowed to lease land and buildings for commercial and residential purposes. However, they must obtain permission from the Ministry of Finance and the Attorney General's Office before they can purchase property. Additionally, foreigners are subject to the same taxes and fees as nationals when purchasing property," said one in Trinidad & Tobago.

What appliances are typically included in a rental?

We asked foreigners in Trinidad & Tobago what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Trinidad & Tobago typically include a refrigerator, stove, oven, and washing machine. Depending on the property, other appliances such as a dishwasher, microwave, and air conditioner may also be included," explained one person living in Trinidad & Tobago.

Additional Information about Searching for a Home in Trinidad & Tobago:

We asked foreigners in Trinidad & Tobago what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats can search for homes in Trinidad & Tobago by looking online for real estate listings, contacting local real estate agents, and searching for rental properties on websites such as Airbnb. Additionally, expats can look for housing options in local newspapers and magazines, or ask friends and family for recommendations," said one expat in Trinidad & Tobago.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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