Although I know how to stretch a dollar when it comes to traveling, I also know when to indulge on pricier destinations. I’m no foreigner to the concept of “making it rain” when the amount of money that I plan to spend is worth the experience I plan to have. When it comes to traveling, it is essential to know when to break your piggy bank and when to leave it alone. These 5 destinations are all destinations that I have traveled to myself that were worth every single dollar, even though they are more expensive than your typical destination.

The following are My Top 5 Luxury Destinations for 2020 that are worth every last dime, part of your 401k, and your tax return.

1.The Maldives- Paradise on earth. Seriously, there is a reason why people obsess over these islands. The lavish water bungalows, the impeccable hospitality, and the turquoise color waters of the Maldives leave an outstanding impression on anyone. Maldives is a paradise because there is an option for everyone. One of my favorite things about the Maldives wasn’t the fantastic bungalow over the water, that’s obvious, but it was swimming with sharks. I had no clue that the reef sharks there would get extremely close to you while you were in the water. Reef sharks are not aggressive, and for the most part, they are generally pretty small, so there is no need to worry about Jaws attacking you in the middle of a paradisiac island but prepare yourself to see one or two fins swimming by.

Why is it expensive? Considering the Maldives is made of 26 atolls that are all spread out, getting from one island to another can only be done by boat or charter plane. Also, it is in the middle of the Indian ocean, so everything must be brought in from other countries. Combine these factors along with the luxurious hotels, and you’ve got a recipe for one of the more expensive destinations to visit.

The average daily cost of food and accommodation: Food will depending on the resort menu prices which can range from $20 all the way $100 a day; A night in a 4-star resort will range anywhere from $250-$1,500 + depending on the type of room and the resort. 

2. Sydney, Australia- Ah! The Land Down Under. Let’s be honest, most of us have a burning desire to go to Australia just so we can see a crocodile and let our inner Steve Irwin (R.I.P.) shine as we yell, “By crikey, it’s a crocodile!” Ok, maybe that is just me, but Australia is appealing to any traveler because it is typically on the opposite side of the globe. When you think of an exotic destination that is far away, more than likely, you are going to think of Australia. Sydney isn’t Australia’s capital, but it is the most popular destination. When we see images of Australia the first one that typically pops up is the Sydney Opera House being plastered all over postcards and Instagram pages not only show the beauty of the city, but it appeals to all travelers. 

Why is it expensive? The first part is how far it is for most people. Apart from the distance, it is secluded, so it makes goods more expensive. It is also a massive continent, so if you want to see as much as possible on a 14-day trip, be prepared to fly from one destination to another. Australia isn’t quite as big as the U.S., but it is still enormous. The best transportation mode if you are crunched on time and want to see the most is flying, therefore, be prepared to buy plane tickets from one destination to the other.

The average daily cost of food and accommodation: Food will cost you between $30-$50. A 4-start hotel in Sydney will set you back between $150-$300 USD per night.

3. Lausanne, Switzerland- Welcome to the land of divine chocolates and cheeses. Oh, and don’t forget a landscape that is something Monet could only dream of replicating. Pictures of Switzerland just don’t do it justice. It is a country that you have to experience for yourself to understand the true beauty of it. I have yet to see a video or photograph that clearly embodies how stunning it is. Lausanne, in particular, is a breathtaking city because it is on the shores of Lake Genova, which ensures not only spectacular views but all of the Instagram opportunities that you can imagine. An hour away from Lausanne is the cute town where one of the most renown cheese brands is located, Gruyères. If cheese isn’t your thing and you prefer more of an adventure, a three-hour drive east of Lausanne will land you right in the middle of the Swiss Alps. I hear people talk about how expensive it is all the time, and it is true, but if you have the finances to afford a trip to Lausanne, Switzerland, book it now.

Why is it expensive? It is well known amongst travelers that Switzerland is a destination that requires spending a lot. Why? They use a different currency than members of the European Union. The Swiss Franc is overvalued, and therefore prices are higher. Is there a sticker shock when you first arrive? Yes, but once you see the Swiss Alps with your own eyes, you no longer care about food prices.

The average daily cost of food and accommodation: Food will cost you between $50-$80. A 4-star hotel in Lausanne will run you between $150 – $250 dollars a night. 

4. Reykjavík, Iceland- If you haven’t heard of Iceland by now, then your internet services are probably limited where you live. Ten years ago, a patron at the bar that I worked at told me that he was from Iceland and was working in the U.S. temporarily. First, I was shocked that someone from Iceland was in Louisville, KY, but once the shock factor wore off, we began talking about the tourist attractions that Iceland has to offer. As soon as he mentioned the Northern Lights, I was sold, but I was also curious to know why I hadn’t heard much about Iceland before. Flash forward a few years, and everyone and half of their families are planning trips to Iceland. Why? The possibility of seeing the Northern Lights while visiting is good, and with tours that allow you to climb glaciers, why wouldn’t you want to go? Plus, let’s not forget the famous Blue Lagoon that floods Instagram feeds because it is such a popular spot. Iceland is an adventure-lovers dream, and if you don’t like to live on the wild side, but you enjoy nature, then you have no problem finding something to do while you are there.

Why is it expensive? Iceland is another secluded island that has to import most of its goods. Being secluded and the cost of living combine to make higher prices than the average country.

The average daily cost of food and accommodation: A nice meal in a restaurant in Reykjavík will set you back around $40-$60 per person, not including drinks, and a 4-star hotel will cost between $150 -$250 USD. 

5. Dubai, U.A.E.- Whoever says that everything is better in Texas, clearly, has never been to Dubai. Do you want to see the tallest building in the world? The Burj Khalifa can be found in Dubai. You can also see the world’s biggest water fountain from above when you visit the Burj Khalifa. The truth is, whatever already exists in the world, Dubai has said, “We will make it bigger and better.” Not only have they delivered on their idea, but they have quickly become a popular destination amongst travelers. Dubai is appealing to travelers because although it is located in the middle of a desert, there is so much to see in the city. Want to visit the world’s largest aquarium? Take a ride over to the Dubai Mall, and while you are there, make sure you check out the indoor ski slopes, as well. If you work up a sweat from all of the shopping that you do while in Dubai, then you can head over to the beach and cool down. If you are looking more for an adventure, then I suggest going on a desert safari. It ended up being the one thing that I enjoyed the most while in U.A.E. Riding in a Jeep and feeling like it was going to flip at any moment was precisely the thrill rush that I needed.

Why is it so expensive? Dubai is located right in the middle of the desert, and although it’s location factors into the expense, it is also a city built off of oil money. If you factor that in along with the number of billionaires who call Dubai home, and you can figure out why it is expensive.

The average daily cost of food and accommodation: Food will run you between $30 – $50 USD and 4-star hotel accommodations will cost between $250 – $350. 

And there you have it. These are my Top 5 Luxury Destinations for 2020. What better way to bring in the New Year than booking a trip to a luxurious foreign land with priceless views.