The average and minimum salary in Dominica are important figures for those willing to invest in this small Caribbean nation
Let’s analyze the average and minimum salary in Dominica, a beautiful Caribbean island who is known for its natural beauty and excellent financial services for international businessmen.
Are you willing to move or invest in Dominica? Below we have gathered data about the minimum and average wages in the country. Dominica offers flexible investment opportunities and a stunning nature in the Caribbean region.
Minimum Salary in Dominica
The minimum wage in Dominica is determined on a hourly basis. The current minimum salary in Dominica is 4.05 East Caribbean Dollars, or EC$ 162 per week. That sums up to approximately 250 US dollars per month.
The minimum salary in Dominica is comparable to those of St. Vincent and the Grenadines and also of St. Lucia.
Average Salary in Dominica
The average salary in Dominica is of around 500 USD or 1500 XCD (East Caribbean Dollars). It is also comparable to those in St. Lucia, but lower to those in Antigua and Barbuda, for example.
Dominica Economic Outlook
The country is making strong efforts to make Dominica even more attractive for international and offshore companies. There is a number of internet based companies headquartered in Dominica. Dominica offers extremely low taxation for companies obtaining their income from outside of the country.
The other important economic sectors in Dominica are agriculture, with focus on banana crops an tourism. Dominica receives a significant number of cruise ships per year.
Interesting Resources for Working and Living Abroad
Are you really considering to work and live abroad, temporarily or permanently? Below are some resources that might be useful for you around the web:
World Nomads: this company provides travel insurance in most countries around the world. It might be a good option if you going for a long travel.
CheapOair: this is one of my favorite websites for buying airline tickets for flights for any destination in the world. One of the best advantages of CheapOair is that it also accepts PayPal.
Booking.com: Booking.com is the best choice for finding accommodation for your next trip, with a wide variety of choices for all types of travelers.
You may also want to check our website guides:
Train Travel Guide: in our railway travel guide, you will learn how to choose and ride the most scenic train routes around the world. Travel always in the most comfortable way with optimal prices to enhance your travel experience.
Dating Guide: our dating guide will help you not only to find love but to understand the social customs of each country. It will also help you to avoid dating scams around the internet and find people really interested in honest relationships.
Work Abroad Guide: Learn how to find a job and employment requirements in different countries. From the initial job search, to bargaining salaries, this guide will help you to find job in most countries. It also covers about remote work and TEFL jobs.