My friend was born and raised there and moved to East Coast just 2 years ago.
He doesn't recommend it unless you're rich and/or retired:
-Lots of people suffer from poverty and alcoholism outside of tourist areas (typical of most tourist areas in the world). Lots of ghetto areas and poor neighorhoods
-Everything has to be shipped by sea. Groceries, clothes, everything is 3-5x more expensive. Quite literally.
-You get island fever. You feel trapped. The island is no wider than the 3 hr car ride, that is without traffic.
-Probably little to no industry for most line of work.