Expats' Corner

Expats' Corner March 15, 2024 | 7:48 am

Building credit as a foreigner in the Dominican Republic

Building and establishing a credit profile as a foreigner is possible in the DR. Here's what you'd need to do: 1. Set up a bank account with a local Dominican Bank. You can open an account without residency status using your USA (home country's) passport. 2. Start making regular deposits into your bank account to build up activity in your account. 3. Get signed up for a local phone service pla... Read more