Very useful information. Just one small suggestion, for those new to the channel,they might not know what boat you have,and since insurance, maintenance,and fuel cost are all intrinsically linked to that, it's a good idea just to add a brief introduction 😉
nice breakdown of costs. as a person who doesnt drink i cant help but notice that your yearly alchool consumption would pay for 2 extra months of cruising
Heyyy I love the channel,I just sold everything I owned to buy a sailboat to start sailing around the world :) thanks for the inspiration,just made my first TH-cam video hahaha it’s actually doing pretty good
Thanks guys. I am trying to do my research about this as i orepare to hopefully do some crusing after i retire. That gives me about 10 years to get a boat payed off, get .ore experience, and figure out all these logistics! It is daunting but every video helps. Thank you.
People are so amazed when we tell them living on a sailboat is (relatively) cheaper than traditional land life. at 20 when we bought our boat it was the perfect move. at 23, we wouldnt change a darn thing!
Thanx for this video, guys! We heard so many different stories about the Caribbean (moneywise), that it's nice to see a good list from a couple that tries to live on a budget without going extreme :-) Happy greetingz, Wim
Can you guys do a video on what a Canadian wanting to cruise has to do in order to be able to. Every country has different regulations. But from a Canadian perspective with Transport Canada Rules & Regs. From wanting to buy to purchasing, registering etc. Captains lisencing etc. It's not just as easy as but a boat and sail. There are a lot of hoops to jump through! Ps. Love the videos! Watching from Central NewBrunswick.
$ 100 a month for health ins, that’s a deal ! I pay little over a grand, but $ well spent considering what I went through last fall. Acute diverticulitis, surgery, short stay in ICU, 16 days in hospital, follow up @ home for 2 weeks with nurse, therapist... Ins payed out over $ 190,000 😧. My only copay was for ambulance ride, was like $120.
good deal on the copay ... my neighbor went through three chemotherapies... the last one I paid for coz I didn't want his family to go homeless ... if u have no relatives or poor relatives u r screwed ... usually...
Thanks for the very informative video and channel, much appreciated ! One question: the amounts are in USD or CAD? I'm assuming USD but thought I'd check :) thanks again!
Mostly we use canadian dollars but the exchange rate almost matches the average fluctuation you'll encounter in the caribbean so it's still a good measure
I am retiring soon and I am looking at buying a Mexican registered boat that I will store in summer. Probably a 30ft cruiser. Is insurance for a Mexican registered boat cheaper? How are the winter storage options in the Caribbean?
It depends on your boat and the captain. We haven't seen anyone make a claim here except when a boat was stolen in the usvis... but your engine can die catastrophically or someone could ram a speedboat into your midships at night driving drunk through the anchorage. It's worth it if something happens
Thank You very much for your information. I have a question about your boat insurance. I pay a lot for my boat insurance here in NS, CAD 518 this year. I asked some other friends and they pay around CAD 400 Caribbean not included. Who is your insurance company? if you don`t mind?
We are looking/buying a catamaran this spring, moving from Canada. My question is does the health insurance coverage assume you still have Canadian medacare or is this stand alone insurance? (as you know you loose the medacare if you're outside of Canada too long) If you do not mind me asking what insurance company do you use? thanks in advance
Thanks for the information so I have coment that I group in Puerto Rico and I was getting some information about sailing I did realize that buying the boat at the caribian was shipper the out northeast in us.and I notice the prices of a boat here where higher out here.I find realizes the cost and maintains on the boat you where raid we don't have the experience on the investment.we are not buying a car.am glad
Thinking on doing this myself although my sailing skills are non existent. Have you encountered much danger? How skilled should one be before doing what you do?
You should at the very least have some sailing experience. I took lessons and raced for 2 years, then bought a smaller sailboat before looking at a 40+'. Then you want to sail that locally for a while to get used to docking, etc.
Lotta money. I tied up to a dock in st Lucia @600/ month with electric and I didn’t want to leave . In SXM the dock was $350/ month .i rarely check in to any island on the leeward side of the Caribbean chain. No Flags . Most places didn’t care.
Excellent. Thanks. Pretty much what I have experienced. I wonder how your cost of living compares to what it would be had you stayed in Nova Scotia? I do not find cruising to be all that more or less expensive than living ashore. It is more interesting!
We made a video called "cost of living cheap on board for one year" that covers living on board in the great white north where we talk about this. Because we have to stay at a marina over winter it gets quite pricey
@@SailingBalachandra I was thinking more long the lines of house vs boat. My parents cruised for decades and said it was about the same. We live in a modest house and I don't think it is any less expensive than a cruiser out cruising, in fact quite the opposite. Anyway, love your channel and will look up the video you reference. Norm on Cape Cod
That was an amazing video, very informative. I would have an extra expense to get donairs delivered express by plane.. lol Just found your channel, I’m loving every bit of it, you definitely made a new happy subscriber. 506
you are not actually paying the true cost for the damage all the diesel, propane and gasoline cause, so I'm sure your calculations are inaccurate. It's true you sure don't need to use any of these fuels, and the alternatives are better for you and everyone else. I can say your "costs" are more than 10x of mine for the same cruising ground and others would "need" 1000x more money and some people don't need to use any money, so this is purely your own personal costs.
This was actually one of the best budget videos I've seen. Thank you.
agreed!
Very useful information. Just one small suggestion, for those new to the channel,they might not know what boat you have,and since insurance, maintenance,and fuel cost are all intrinsically linked to that, it's a good idea just to add a brief introduction 😉
Well water makers can also run on electricity which can be generated by the sun. That’s what we have and it doesn’t cost us any diesel.
nice breakdown of costs. as a person who doesnt drink i cant help but notice that your yearly alchool consumption would pay for 2 extra months of cruising
Yes 200 dollar on alcohol is a lot! To each their own, but dayum! 😮
Heyyy I love the channel,I just sold everything I owned to buy a sailboat to start sailing around the world :) thanks for the inspiration,just made my first TH-cam video hahaha it’s actually doing pretty good
Very informative information. ill be looking for your other videos. Fair winds to you
I arrived in the Caribbean with nothing, left with nothing, but me and my boat survived
Thanks guys. I am trying to do my research about this as i orepare to hopefully do some crusing after i retire. That gives me about 10 years to get a boat payed off, get .ore experience, and figure out all these logistics! It is daunting but every video helps. Thank you.
I've always wondered. When you arrive in a country and check in, how do you pay.the entry fee's? Cash, credit ?
People are so amazed when we tell them living on a sailboat is (relatively) cheaper than traditional land life. at 20 when we bought our boat it was the perfect move. at 23, we wouldnt change a darn thing!
Well I live on land and don't spend anywhere near that amount.
@@davidlester6673 To each their own! We spend significantly less on our boat over here in California, but it just depends on the lifestyle :)
I wish my parents were rich enough to buy me a boat at 20.
@@ron7570 I wish my parents were too. Unfortunately we worked, got a loan, then worked some more to pay it off.
Thanx for this video, guys! We heard so many different stories about the Caribbean (moneywise), that it's nice to see a good list from a couple that tries to live on a budget without going extreme :-)
Happy greetingz, Wim
The best all inclusive budget I have seen:) Thank you!
Can you guys do a video on what a Canadian wanting to cruise has to do in order to be able to.
Every country has different regulations. But from a Canadian perspective with Transport Canada Rules & Regs. From wanting to buy to purchasing, registering etc. Captains lisencing etc.
It's not just as easy as but a boat and sail. There are a lot of hoops to jump through!
Ps. Love the videos! Watching from Central NewBrunswick.
Good idea, i think we can try that- if you go back and watch someof our boat buying vids it should answer some of those questions
$ 100 a month for health ins, that’s a deal !
I pay little over a grand, but $ well spent considering what I went through last fall.
Acute diverticulitis, surgery, short stay in ICU, 16 days in hospital, follow up @ home for 2 weeks with nurse, therapist... Ins payed out over $ 190,000 😧.
My only copay was for ambulance ride, was like $120.
good deal on the copay ... my neighbor went through three chemotherapies... the last one I paid for coz I didn't want his family to go homeless ... if u have no relatives or poor relatives u r screwed ... usually...
Excellent keep it up !
Thanks for the very informative video and channel, much appreciated ! One question: the amounts are in USD or CAD? I'm assuming USD but thought I'd check :) thanks again!
Mostly we use canadian dollars but the exchange rate almost matches the average fluctuation you'll encounter in the caribbean so it's still a good measure
What are MJ laws like in the caribean?
I am retiring soon and I am looking at buying a Mexican registered boat that I will store in summer. Probably a 30ft cruiser. Is insurance for a Mexican registered boat cheaper? How are the winter storage options in the Caribbean?
Very informative. I was wondering about your boat insurance, is it meaningful to have anything other than third party liabilities, for an old boat?
It depends on your boat and the captain. We haven't seen anyone make a claim here except when a boat was stolen in the usvis... but your engine can die catastrophically or someone could ram a speedboat into your midships at night driving drunk through the anchorage. It's worth it if something happens
@@SailingBalachandra ...im quite sure boat insurance is mandatory if you are entering a Marina...?
Are they still posting videos
Great channel and video. Which Canadian insurer to you use for the boat?
Skippers plan
Who are you using for health insurance?
Thank You very much for your information. I have a question about your boat insurance. I pay a lot for my boat insurance here in NS, CAD 518 this year. I asked some other friends and they pay around CAD 400 Caribbean not included. Who is your insurance company? if you don`t mind?
We're with "skippers plan". 518 is very low! We pay for full liveaboard so i think it's a bit more. For Caribbean add $1400 to $2000 :/
We are looking/buying a catamaran this spring, moving from Canada.
My question is does the health insurance coverage assume you still have Canadian medacare or is this stand alone insurance? (as you know you loose the medacare if you're outside of Canada too long)
If you do not mind me asking what insurance company do you use?
thanks in advance
How didit go? Are you guys on your way?
@@jsjakobsen we bought a Lagoon 400 s2 and have been cruising around Genada as we do some improvements. Heading north towards st Vincent then USVI.
@@blainevatcher5475 sounds very nice! We're actually looking at the same boat and buying it in the same area.
Good video. Thanks
Thanks for the information so I have coment that I group in Puerto Rico and I was getting some information about sailing I did realize that buying the boat at the caribian was shipper the out northeast in us.and I notice the prices of a boat here where higher out here.I find realizes the cost and maintains on the boat you where raid we don't have the experience on the investment.we are not buying a car.am glad
Thinking on doing this myself although my sailing skills are non existent. Have you encountered much danger? How skilled should one be before doing what you do?
You should at the very least have some sailing experience. I took lessons and raced for 2 years, then bought a smaller sailboat before looking at a 40+'. Then you want to sail that locally for a while to get used to docking, etc.
Well done!! Thanks for the information!!!
Lotta money. I tied up to a dock in st Lucia @600/ month with electric and I didn’t want to leave . In SXM the dock was $350/ month .i rarely
check in to any island on the leeward side of the Caribbean chain. No Flags . Most places didn’t care.
Thats my kind of cruising. Under the table.
Watching from Alabama RTR
Excellent. Thanks. Pretty much what I have experienced. I wonder how your cost of living compares to what it would be had you stayed in Nova Scotia? I do not find cruising to be all that more or less expensive than living ashore. It is more interesting!
We made a video called "cost of living cheap on board for one year" that covers living on board in the great white north where we talk about this. Because we have to stay at a marina over winter it gets quite pricey
@@SailingBalachandra I was thinking more long the lines of house vs boat. My parents cruised for decades and said it was about the same. We live in a modest house and I don't think it is any less expensive than a cruiser out cruising, in fact quite the opposite. Anyway, love your channel and will look up the video you reference. Norm on Cape Cod
Tks
good video
That was an amazing video, very informative. I would have an extra expense to get donairs delivered express by plane.. lol
Just found your channel, I’m loving every bit of it, you definitely made a new happy subscriber. 506
I thought Canadians had free insurance?..
600 for groceries?purely a personal choice
👍🌊🎣⛵💯
👍⛵🎣🌊
A water maker seems a luxury if you only spend $30/mo to purchase it. I think once you have that luxury you can’t go back?!
Yes - definity a no turning back item!
$30 bucks a month ???
Nigga PLEASE !!
That's a lot costly !
lol why do you need alcohol? Just eliminate it. It’s bad for you anyway.
It's literally a Class 1 carcinogen yet so popular... I don't get it. Addiction is a b*tch eh
Cost of cruising cheap = your life ended
Your lying
you are not actually paying the true cost for the damage all the diesel, propane and gasoline cause, so I'm sure your calculations are inaccurate. It's true you sure don't need to use any of these fuels, and the alternatives are better for you and everyone else.
I can say your "costs" are more than 10x of mine for the same cruising ground and others would "need" 1000x more money and some people don't need to use any money, so this is purely your own personal costs.
Are you living in the real world?
Nice breakdown, thanks.