Five reasons why to retire in the Dominican Republic

Five Surprising Reasons People are Choosing To Retire in the Dominican Republic

Imagine you are “Sheila”. Widowed seven years ago, you recently made a decision to fulfill a lifelong goal: to live out your retirement in the Caribbean.

For you, that decision may mean spending the bulk of your year on the north coast of Dominican Republic.

As a condo owner, your concerns about maintenance are minimal and generally only a phone call away. Once a week you have a housekeeper that comes in and does a thorough cleaning. Most of your destinations throughout the day are within walking distance and for those that aren’t, they are a quick drive along the coast, just out of town.

Your days are filled with everything from yoga to art classes, early afternoon bingo at a local pub with friends to happy hour drinks on the beach. Your network of friends is robust and you realize that you feel a strong connection to where you now call home.

The decision to choose to retire in the Dominican Republic may seem obvious. However, beyond the obvious, there are many other residents here that will attest to the fact that there are a few surprising benefits about choosing, for example, the beach towns of Cabarete and Sosua, on the north coast as a retirement destination.

Cabarete Beach House - Dominican Republic

Beach House – Cabarete – Dominican Republic

Here are five reasons to consider the Dominican Republic as a retirement destination:

1. The relative affordability of purchasing a property and the cost of living

Compared to the rest of the Caribbean, property prices in the Dominican Republic are still relatively low. As stated in a recent article in the New York Times, luxury property prices in D.R. start at around $100 USD per square meter. Basic condos with considerable amenities are as low as $130,000 USD. Not only is this good news for would-be property owners looking to make the most of a fixed income, it’s also a reflection of the investment potential for the years ahead.

2. The ease of owning a condo for both living and renting.

The Dominican Republic is a very popular vacation destination. Many condo owners choose to block out time each year to reside in their home, and then trust respected property managers to handle lucrative rentals for them when they are not in the country.

3. Affordable and thorough health care is within a few minutes reach of most residential areas.

At the top of mind of many retirees is quality health care. This is more than understandable – and on the north coast of Dominican Republic, it’s a pleasant reassurance. Private, effective health care is accessible in Puerto Plata, Sosua, and Cabarete.

In addition to medical care, there are chiropractors, physiotherapists, acupuncturists, naturopathic doctors and massage therapy clinics. There are an active health provider community and numerous health fairs throughout the year where local residents can meet and learn about what’s available in the community for them to access and benefit from.

4. An extensive selection of groceries and fabulous restaurants.

Due to the cultural diversity on the north coast, there is a wide variety of grocery stores and restaurants. There is also an emphasis on healthy alternatives and many businesses that support a holistic, healthy lifestyle. The restaurant industry is a direct reflection of the cultural diversity in the community and many residents enjoy a rich dining experience.

5. An easygoing and welcoming community.

One can’t underestimate the power of relationships and connections. Time and again, what is most often spoken about on the north coast is the connection of the community, the strength of the bonds and the sense of belonging that is accessible to all who choose to settle in and connect. The population the north coast is a reflection of the global village. Residents and short-term visitors alike are from all over the world. This global representation helps to create rich and diverse relationships and cultural connections.

To find out more about what a retirement property can look like for you in the Dominican Republic, contact us today.

Relocate or Retire in the Dominican Republic

Relocate – retire in the beautiful Dominican Republic.

If you dream of a life on a tropical island, look no further. Relocate and retire in the Dominican Republic.

Direct, daily air service from the USA and Canada as well as from Europe is well established, serving several major international airports. The climate is perfect for warm nights and warmer days. Constant trade winds blow from the east all year bringing an ideal mix of abundant sunshine and adequate rain. The island nation is large and diverse with lovely beaches and lush, green mountains.

The government of the Dominican Republic encourages foreigners to relocate and retire in this wonderful country. Labor is inexpensive and a great choice of building materials and skilled contractors means that a fine choice of tropical homes in a variety of settings is available. Want to start a business in paradise? Hundreds of opportunities await the new resident from agriculture and dairy farming to manufacturing in the numerous free zones. The stable, friendly government of the Dominican Republic welcomes entrepreneurs.

Mountains - Dominican Republic

Aerial mountain view shot

For those interested only in staying for a few weeks or months each year, no special permits are needed. If the intention is to work, start a business, relocate – retire for long periods, foreigners may easily obtain residency in the Dominican Republic. The process is fairly simple. The applicant will need an original birth certificate, valid passport, good conduct police report from their home country and a simple medical exam performed in the Dominican Republic. Approval takes a couple of months.

Once the approval is given, a legal resident may work and conduct business without restriction. A legal resident passes quickly through inbound immigration and pays no tourist fees. And once established, the legal resident may import personal and household items, including an automobile, without paying duty. There are reputable customs agents who will speed the process for the new resident, saving time and money.

The Dominican Republic is an interesting mix of the traditional and the modern. Fiber-optic lines have been installed nationwide, ensuring up to date internet, phone, and TV service. Cell phone towers are located near every population center and the most modest beach bar will have good Wi-Fi. Shopping for basics is easy. Supermarkets filled with fresh produce, bread, meats, and fish as well as goods from all over the world will be found in every tourist destination. International restaurants, lively nightlife, and specialty shopping are abundant.

When it comes time to shop for a home, the choices are many. From modest mountain bungalows to ultra-modern condo projects, the new resident wishing to relocate or retire in the Dominican Republic will find it all. There are well-established communities of smaller homes, reasonably priced, with nearby beaches and other amenities. Condo projects are available in many locations including direct beachfront. A luxury villa equal to anything in Atlantic Florida or the South of France may tempt the resident. Perhaps a few hundred acres of lush farmland high in the green hills overlooking the sea will appeal.

Whatever the reason for coming, it is certain that you will love your new home. The welcoming people and ideal climate will entice you. All you need is here…and more.

New condos in Sosua for sale Dominican Republic

New condos and Townhouses in Sosua

Condo and townhouse prices in a new gated residential development in Sosua on the north coast of the Dominican Republic are starting at US$ 39.500 for a 1 bedroom condo and $145,000 for a townhouse. A common area for the condos and the townhouses will be built with a BBQ pit, a common swimming pool, and a covered event/activity space.

Sosua beachfront condo

Beachfront condos in Sosua

Alternatively, live in a new beachfront, Victorian-style condo complex next to the sparkling waters of Sosua Bay.Two and three bedroom units range from US$ 286,000 and US$452,000. The property is interlaced with gardens and palm trees. It is close to downtown with its restaurants, bars, discos, casino, shops, and supermarkets.

Retirement home in Cabrera for sale

Waterfront home in Cabrera

The Perfect Cottage is a one-bedroom, cathedral-ceilinged, one acre + charmer located smack-dab on the seaside hills of Cabrera, one of the lushest areas of the Dominican Republic. It is virtually one of a kind. Usually, these properties are the domain of six and ten bedrooms, sprawling villas. Not here.

It is ideal for the person who wants relocate or to retire in the Dominican Republic, perhaps a budding Hemingway or Jack London. Alternatively, build a large home on the remainder of the site. Priced at: US$ 550.000