Choosing the optimal Business Structure for Expats establishing businesses in the Dominican Republic
Expats' Corner September 15, 2023 | 5:08 pm
If you are planning to do business in the Dominican Republic, it's essential to understand the different types of business structures available to you. Choosing the appropriate structure will determin[...]Staying connected as an Expat in the Dominican Republic
Expats' Corner August 16, 2023 | 3:45 pm
Moving to a new country can be both an exciting and daunting adventure, especially with something as basic as communication, where staying connected with friends, family, and clients back home is cruc[...]How receive packages and mail as an Expat in the Dominican Republic
Expats' Corner August 4, 2023 | 11:59 am
Santo Domingo.- One of the challenges expats have when living and residing in a foreign country full-time is reliably receiving packages or documents internationally. In the Dominican Republic, esp[...]Three options to transfer funds to your Dominican Bank
Expats' Corner July 24, 2023 | 3:59 pm
Transferring funds from your foreign-based bank account to your bank account in the Dominican Republic can take anywhere from 1 to 5 business days. The processing time will depend on the banks, interm[...]Possible pitfalls in your Real Estate purchase contract in the Dominican Republic
Expats' Corner July 12, 2023 | 6:40 pm
The most critical part of the real estate buying process in the Dominican Republic is reviewing the purchase contract. In the Dominican Republic, as with most countries, an agreement between two parti[...]Understand this before you reserve real estate in the Dominican Republic
Expats' Corner July 5, 2023 | 5:12 pm
Santo Domingo.- It is common practice for real estate developers in the Dominican Republic to require a reservation deposit to take a unit—condo or lot—off the market. You’ll see this a lot, par[...]Does the HOA of your building allow Airbnb and other short term rentals?
Expats' Corner June 27, 2023 | 4:27 pm
Airbnb rentals have become hugely popular in the Dominican Republic, with more tourists opting for private residences versus staying in a hotel. According to one report from DR’s Central Bank, Airbn[...]Requirements for a foreigner marrying a Dominican citizen
Expats' Corner June 20, 2023 | 5:01 pm
There are some general requirements that you must meet as a foreigner to marry a Dominican citizen in the Dominican Republic. The general requirements include: 1. Valid Identification Documents [...]Should you pursue citizenship in the Dominican Republic?
Expats' Corner June 15, 2023 | 5:43 pm
Last week, I received an email from a couple that read, “My husband and I are considering dual citizenship in the United States and the Dominican Republic. We’re thinking about purchasing a small [...]Your Legal Status and opening a Bank Account in the Dominican Republic
Expats' Corner June 8, 2023 | 4:42 pm
If you’re a foreign non-resident opening a bank account in the DR, it’s a straightforward process, and local banks are accustomed to establishing accounts for foreigners. So, youâ[...]Retire & Invest DR announces InvestDR Mastermind Series I
Expats' Corner May 24, 2023 | 3:30 pm
Retire & Invest DR has officially announced its inaugural InvestDR Mastermind Series I event to be held in the Dominican Republic for the first time in August this year. Founded by Maria Abreu,[...]Health Insurance for foreigners in the Dominican Republic
Expats' Corner May 10, 2023 | 5:19 pm
Health insurance is a big concern for foreigners planning to live or retire full-time in the Dominican Republic. Dominican-based health insurance companies do insure foreigners whether they are cur[...]The difference between Notarization and Apostille
Expats' Corner May 6, 2023 | 4:42 pm
Foreigners going through a legal process in the Dominican Republic, such as residency or marriage, will have to deal with preparing (or legalizing) documents for submission to the government. Legalizi[...]Transferring large amounts of money to the Dominican Republic
Expats' Corner April 27, 2023 | 10:23 am
Foreigners investing in real estate or a business in the Dominican Republic will ultimately have to transfer large amounts of funds from their bank account in their home country to their account in th[...]Real Estate Possession versus Title Ownership
Expats' Corner April 18, 2023 | 4:35 pm
For foreigners purchasing existing property in the Dominican Republic, not a new build or property in a new development, the issue of real estate possession and title ownership will almost always come[...]Mortgages for foreigners in the Dominican Republic
Expats' Corner April 14, 2023 | 3:40 pm
The Dominican Republic is one of the few countries where foreigners with residency status or not can qualify for a mortgage to purchase a home. The mortgage application process will be more straigh[...]Choosing a Real Estate Agent in the Dominican Republic
Expats' Corner March 28, 2023 | 4:25 pm
In most countries, buying real estate involves the service of two people: a real estate agent and a lawyer. The DR is no different. However, in the case of the Dominican Republic, there are no lice[...]Inheritance for Expats in the Dominican Republic
Expats' Corner March 22, 2023 | 9:30 am
If you are a foreigner planning to buy property in the Dominican Republic and have children, you must understand Dominican law regarding inheritance. As with any other country, estate planning and how[...]What you should know about Import Duty Taxes when moving to the Dominican Republic
Expats' Corner March 1, 2023 | 3:07 pm
Import duty tax in the Dominican Republic varies from 0% to over 40%, depending on the type of goods imported. The rate is determined by the country of origin, product type, and the quantity imported.[...]How to manage your property in the Dominican Republic and relax
Expats' Corner February 21, 2023 | 4:03 pm
Foreigners with rental property investments in the Dominican Republic typically hire a rental management company to oversee their property. This is advisable, especially if you’re not living full-ti[...]