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Invest in the Dominican Republic

Invest in the Dominican Republic

Jul 18, 2022 | Dominican Republic Villas, News

One of the most visited islands in the Caribbean is the Dominican Republic. It has become THE place to be within its ex-pat communities. All year-round, you’ll experience sunshine, great weather and countless festivals! Once you step foot in the Dominican Republic, you’ll instantly fall in love with the vibrant culture, the freshly cooked food and the picturesque view from the island. 

Investing in the DR has exponentially increased in the last decade. Business people, entrepreneurs and retirees have opened restaurants, launched companies and paved their way into real-estate properties. It’s not too late for you to start your investment in the Dominican Republic, and here is how you can start. 

Safe Start

At the start of any new investment, it is normal to be concerned with the country’s economy, finances, and investment return. The Dominican Republic has seen remarkable GDP growth and a substantial poverty reduction in the past decade. It has trade agreements with almost 50 countries and has carried out essential trade policies worldwide since the 1990s. Starting an investment in the DR is a safe start for you as it is one of the strongest economies in Latin America, making it the most stable nation in the Caribbean Islands. 

Now that you have settled on investing in the Dominican Republic, you’re probably wondering: What can I invest in that is safe, affordable and has high returns? The best place to start would be real estate. 

dominican republic real estate investments

Real Estate in the Dominican Republic

Many countries are willing to let foreigners invest in real estate; however, only a few countries have a relatively easy residency process for those who want to move permanently. Once you begin your investment, you will definitely be looking to stay longer than 60 days in the country and check on your property as frequently as you need. The Dominican Republic is very accommodating and genuinely encourages foreign investors to begin their journey and embrace the culture.

What can I invest in with only a quarter of a million dollars? Well, with Casa Linda properties, you can start your investment as low as 185,000 USD. We offer free in-house architectural services as well, so you can build your own villa as you desire! Our villas range from guesthouses to a five-bedroom home; you can fully customize it as you see fit. 

Once you purchase your villa, Casa Linda Quality Communities offer the option of working with an approved Rental Host. This service will cover the marketing of your property on all major travel sites, managing bookings/reservations and providing you with monthly reports. We want you to have peace of mind when renting out your property. 

Learn more about investing in the Dominican by contacting our team today!

What is The ROI on Investment Property in the DR

What is The ROI on Investment Property in the DR

Jul 11, 2022 | Dominican Republic Villas, News

Are you looking for investment properties in the Dominican Republic which offer you the opportunity to generate a steady and profitable income stream? The Dominican Republic (DR) is the leading tourism destination in the Caribbean, and it’s known for offering a rewarding Return Of Investment (ROI) of home investment in the Caribbean. In fact, the DR is quite popular with investors because the government does not impose any restrictions on foreign investors purchasing properties. 

With the increased property prices in North America and all over the world, the real estate market in the Dominican Republic is yet comparatively affordable. The rapid growth of infrastructure improvements and the government’s stable economic growth have allowed the Dominican Republic to be the Caribbean’s hub for foreign investors. Read on to learn more about the ROI of investing in the Dominican Republic.

Exponential Growth

The Dominican Republic’s government has had an economic growth averaging 5.3% from the year 2000 to the year 2019. The economy continued to grow and recover in 2021, with GDP reaching 12.3%, despite the significant impact of the pandemic. The robust growth was mainly achieved by the surge of tourism, where even during a worldwide pandemic, 2.75 million tourists visited the Dominican Republic. The growing stream of international tourists has paved the way for many real estate developers to offer investors a very high ROI confidently. 

Low Additional Costs

When buyers purchase a villa or a condo, they are automatically subjected to additional costs. With Casa Lina Quality Communities, buyers are generally subjected to only 1 to 1.5% of the purchase price, including all disbursements, due diligence, and ownership transfer. An additional 3% transfer tax is incurred by the purchaser to transfer the property’s title to the buyer’s name. The amount is a government-assessed property value, which is always lower than the market value. Depending on the purchase price, most buyers pay from $2000 – $6000 USD. With lower additional costs, buyers have an opportunity of gaining a higher ROI with their investments.

what is the roi on a dominican republic property

Affordable Housing

The most common factor our investors look for is housing that offers both quality and affordability. The average price of a property in Casa Linda can range from as low as $199,000 USD all the way up to $400,000 USD, whereas other properties in the Dominican Republic can go up to $10 million. Casa Linda grants you a variety of luxury villas that can be purchased as is or modified to the investor’s need. 

Onsite Amenities

In order to guarantee the rental of your property and ensure a high ROI, it is best to invest in an area that provides amenities to the tenants. Casa Linda villas are within a gated community, with complimentary shuttle bus service to Cabarete and Sosua several times a day, seven days a week. Tenants can also enjoy our onsite tennis, mini-golf, shuffleboard and bocce ball courts. The amenities that set Casa Linda apart from other investment properties include:

  • Clubhouse & Eatery
  • Waterpark and Lazy River
  • High-Speed Fibre Optic Internet and Cable
  • 24-hour Electricity with a Back-Up System and more! 

Invest with Casa Linda

Casa Linda happily introduces visitors from all over the world to the beautiful Dominican Republic. Our state-of-the-art villas and community help newcomers embrace the Caribbean lifestyle. Start investing in the Dominican Republic by contacting our team today!

What You Need To Pack When Moving To The Dominican Republic

What You Need To Pack When Moving To The Dominican Republic

Jul 11, 2022 | Expat Life, News, Working in Dominican Republic

Moving homes within the country is a hassle, let alone moving homes across the world! Relocating abroad needs meticulous planning in a timely manner to ensure efficient packing. You don’t want to bring too much and waste money on shipping unnecessary items, nor do you want to under-pack and arrive feeling lost. The key to moving homes is to travel prepared.

For those moving to the Dominican Republic, packing can be quite different. You need to consider several things when packing, including the right clothing for climate change, suitable electrical appliances, and your necessary paperwork! 

Feeling overwhelmed? Don’t worry; we have compiled a list of essentials you will need to bring with you when moving to the Dominican Republic. 

  1. Toiletries

You can virtually buy everything you need in the Dominican Republic, from sunscreen to body lotion. However, it is best to purchase travel-size toiletries during your move when travelling. The first couple of days of your move are usually hectic, and you’re busy settling in, so it’s always best to have the necessary toiletries you need at hand. You can always pack a travel-size soap bar, shampoo, conditioner, makeup remover, sunscreen and deodorant to cover all grounds until you have found your pace. After you’ve settled in, you can easily visit any of the stores in the Dominican Republic and buy the toiletries you need. 

2. Clothing

If you’re moving from Northern America, you will NOT pack your winter coats and boots. The hot climate in the Dominican Republic can range from as high as 90 Fahrenheit (32 Celsius) and reach a low of 68 Fahrenheit (20 Celsius), which is still warmer than most Northern American summers. The Caribbean lifestyle is pretty minimalistic, requiring shorts, dresses, swimsuits and flip-flops. Make sure you pack a pair of walking/hiking shoes to explore the island and a cardigan or sweater for chilly evenings. 

3. Paperwork

When moving, one of the main concerns is having all your paperwork in order. By now, you should have all your travel documents ready, but what about your personal records? In a binder, make sure you have copies of all your legal documents, including:

  • Birth Certificates
  • Marriage License
  • Wills
  • Insurance Policies
  • Medical Prescriptions
  • House Sale Documents, etc. 

You will find embassies available in the Dominican Republic that can help you send and receive important documents, but the process is both time and money-consuming.

what to pack when moving to the dominican republic

4. Personal Electronics

Contrary to popular belief, you do not need to pack an adapter when moving to the Dominican Republic as the standard voltage is the same as in the US, Canada and most South American countries. If you need to plug in your flat iron or quickly charge your laptop, you won’t have to worry about the voltage. You do, however, need to pack a portable battery pack to use around the island. It’s not common to find an electric outlet to charge your devices during a boat cruise or hike trail in the Dominican Republic, so make sure you have a portable charger at hand. 

5. Sentimental Items

It’s small items like jewelry, photos, holiday decorations and souvenirs that tend to be forgotten. Missing out on holidays and family gatherings are the most challenging times for expats, so make sure you bring a few sentimental items to remind you of old traditions. 

Travelling can be tricky, but you can enjoy a hassle-free move if you have all your items planned out beforehand! If you have any further questions, check out our frequently asked questions page or contact us!

FAQ About Life in the Dominican Republic

FAQ About Life in the Dominican Republic

Jul 11, 2022 | Expat Life, News, Working in Dominican Republic

Are you tired of shovelling snow every winter? Have you been considering moving somewhere warm and tropical? If so, then now is the time to consider a new life in the Dominican Republic with Casa Linda! The Dominican Republic is an island paradise well known for being welcoming and friendly to foreigners. However, before packing your bags to move to the DR, Casa Linda is sure you have a few questions about life on the island. Below we will answer some commonly asked questions about the Dominican Republic. Keep reading to learn more!

What’s the Weather Like?

Typical weather in the Dominican Republic is tropical all year-round, with slight seasonal variations. The cooler season runs from November to April and tends to be relatively low humidity and precipitation. During the cool season, the temperature averages around 23ºC (76ºF). Meanwhile, the warmer season is from May to October and has an average temperature of 31ºC (87ºF).

Many islands in the tropics have to deal with hurricanes. However, fortunately, Casa Linda communities are located on the northern tip of the Dominican Republic, which is sheltered from hurricanes. So when you live with Casa Linda in the DR, you’ll only have to worry about making sure you have enough sunscreen on!

How’s the Work/ Life Balance?

Local Dominicans value a balance between work and relaxation. After a long day at work, many locals will enjoy a pleasant and relaxing afternoon on the beach. Many shops, especially those in tourist-heavy zones, will close at noon for lunch and reopen in the late afternoon. Most shops and restaurants are closed on Sundays. Sundays are the perfect day to soak up in the sun on the beach or spend time with family and friends. Bars and convenience stores are typically open until midnight during the week. On Fridays and Saturdays, they remain open until 2 am.

For most expatriates, living in the Dominican Republic is about slowing down and enjoying a more relaxed lifestyle. Casa Linda’s gated communities encourage you to take advantage of island living and focus on what matters most to you. Our communities offer residents the opportunity to make new connections, practice a new or old hobby, and enjoy the stunning local beaches.

living in the dominican republic

How Long Can I Stay Without Permanent Residency?

If you do not have a residency permit, you can stay in the Dominican Republic for up to 30-days per visit. However, if you’d like to extend your stay, you may do so for up to 120-days. Extending your trip is simple; you need to apply online and pay a small fee. 

What’s the Residency Process Like?

To apply for permanent residency in the Dominican Republic, you’ll have to begin the process in your home country and then complete it in the DR. There are a few essential documents you’ll need to complete your application. Paperwork like your proof of income, health, criminal record check, and birth certificate, to name a few. Casa Linda is happy to provide prospective residents with a referral to a local law firm specializing in residency.  

Your Villa in Paradise

At Casa Linda, you can have the luxury island villa of your dreams for an affordable price. We have a range of floorplans available for you to choose from. We are sure you’ll love your new island home with a team of in-house architects to customize it as you see fit! Live your best life at Casa Linda today! Contact us to learn more about living in the Dominican Republic. 

Why Add a Guest Home to Your Dominican Republic Villa?

Why Add a Guest Home to Your Dominican Republic Villa?

Jul 4, 2022 | Dominican Republic Villas, News

Your Perfect Villa

is waiting for you at casa linda

Are you tired of shovelling snow every winter? If so, now is the time to consider an island getaway to the Dominican Republic. At Casa Linda, we can build you the luxury island villa of your dreams at an affordable price. The Dominican Republic is home to many stunning beaches and views, but moving to a new country can mean leaving friends and family behind. However, with Casa Linda, we can ensure you always have space for guests when they come to visit. Below we’ll discuss some of the benefits of guest homes and our range of villa floor plans. Keep reading to learn more!

Room for the Whole Family

Is your family large? Or do you want your guests to have their own private space? A guest home can provide you with the necessary amenities and room to make your friends and family feel like they are right at home. Say goodbye to hotel room rentals and crashing on the couch; a guest home offers residents the convenience of proximity without compromising privacy. 

At Casa Linda, we know how important it is to keep your friends and family close. When you decide to build your dream island villa with us, you have a range of customization options, including building a guest home. So if you’re looking to make your Dominican Republic villa a bigger and better fit, a guest house is a great addition!

Additional Space for You

As mentioned above, a guest house gives you additional space for family and friends. Still, you too can enjoy that extra room! One of the advantages of a guest house is that you can essentially do whatever you want with it. Want to turn your guest house into a recreation/ game space? No problem! Looking to create an artist’s getaway with a private studio? Sounds like a great plan! Whatever you decide to do with your guest home when your family or friends aren’t staying the night is up to you. Casa Linda is here to help you design a custom guest home to fit all of your needs. 

dominican republic guest houses

Our Guest Houses

When it comes to life in paradise, ensuring you have all your needs met is critical. At Casa Linda, we’re excited to offer three layout options for your guest house. The specific floor plans are as follows:

  • A 662 ft² by 61.5 m², single bedroom guest home which features a dedicated great room.
  • A single bedroom guest house without a great room. This cozy option is 269.1 ft² by 25 m².
  • A two-bedroom house without a great room that measures 538 ft² by 50 m².

Casa Linda can customize each of our guesthouses to your individual tastes, just like our stunning villas. At Casa Linda, our team of in-house architects can ensure that your friends and family have a beautiful yet cozy space to stay in when they come to the Dominican Republic.

Live in Paradise Today!

With over 20 years of experience crafting custom villas for folks looking to escape the ice and snow, Casa Linda is your trusted builder. Our goal is to design a villa that makes you and your guests feel right at home. We understand that moving to the Dominican Republic can mean leaving loved ones behind at home. But, with the additional space our guest homes offer, you’ll always have room to welcome them to paradise! Contact Casa Linda to learn more about our guest homes and villas.

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