Gorgeous beaches, rich culture, and amazing business opportunities. All of this and more awaits in the Dominican Republic. If you’re looking for a bit of information to get yourself acquainted with the DR, you’re in the right spot.
The Dominican Republic is one of the countries of the Caribbean Nations. It has 31 provinces with Santo Domingo as its National Capital and a population of about 10.7 million. Customs and institutions in the Dominican Republic have a strong Spanish influence. One thing I love about the Dominican Republic is that you can never get bored here, there is so much to see and do! Jungles and beaches to explore, mountains to hike in and plenty of tourist attractions.
Entry to the DR involves certain legal requirements (depending on the country you’re coming from) such as:
*proof of onward or return travel
What’s amazing is, an average budget of $1,200 to $2,000 US Dollars is enough to settle down for a normal life in the Dominican Republic. Because of this low cost, many foreigners are finding the Dominican Republic as an attractive retirement destination.
Foreign investors may establish their business through any of the legal forms allowed under domestic legislation in DR. Local companies and investors with foreign capital can access domestic credit with the same rights and under the same conditions as local companies with domestic capital.
The main taxes paid by investors in DR are:
*Tax on the rent.
*Tax to the Transference of Goods and Services.
*The selective Tax to Consumption.
Santo Domingo, is the capital of Dominican Republic and is one of the best cities to migrate to in DR. The Zona Colonial has amazing architecture you can’t find in the United States with over 300 historical monuments contained in the Zone. For a short day trip, Zona Colonial is a great place. If you prefer more of a beach scene, then the beach in Juan Dolio is perfect.
A True Tropical Paradise
The DR is full of rich culture, endless beaches, and breathtaking views. It’s no wonder why it’s becoming both a popular tourist destination as well as a place to retire to. What makes this country truly fascinating is that it has the best combination of weather and nature, with plenty of modern amenities as well.
You’re never too far from civilization – The Dominican Republic even has some of the best healthcare in the Caribbean. It’s not expensive to purchase or maintain a home there, and there are numerous business opportunities for anyone looking to start a new life here.
Relocating to the Dominican Republic is Simple
There are numerous reasons why the Dominican Republic is becoming one of the most popular places for expats and American entrepreneurs to settle down in. One of them is just how easy it is to go through the process.
Compared to many other countries, the actual process is rather simple, and we can help you with any of the details you may have issue with. If you are thinking of relocating to the Dominican Republic, are looking for homes or rentals, or are thinking of starting a business in this tropical paradise, we are here to help.
Moving to another country can seem daunting – don’t let that stop you. We specialize in helping people make the move and begin a new life. Don’t hesitate to get in touch with us if you are curious about settling down in the DR. It could be the best decision you ever make!