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Dominican Republic Real Estate: Invest AND Enjoy

Dominican Republic Real Estate: Invest AND Enjoy

May 31, 2022 | Dominican Republic Villas, News

The Dominican Republic is famous for its beaches, cigars and tasty cuisines. It is the most visited place in the Caribbean region, with entertaining activities such as kiteboarding, windsurfing, hiking, surfing and much more! Can you imagine living such an adventurous life every day? Well, with Casa Linda Quality Communities, you no longer have to imagine! We offer a variety of different properties in the DR ready to accommodate your leisure! You can buy, rent or even build your dream villa at an affordable price. Here are some reasons why you should consider real estate in the Dominican Republic:

Growing Investment

The Dominican Republic has the fastest growing economy in Latin America, with a GDP growth rate of 6.4% in 2018. More than 6.5 million people visited the Dominican Republic in 2018, making it a potential market for high income. It is the perfect place for entrepreneurs to start their own business, explore a new market and benefit from the growing economy. 

With the growth of the economy, your property value will increase exponentially, which is why villas in the Dominican Republic are excellent investment opportunities. You can start investing with prices as low as $185,000 with Casa Linda’s villas. Click here for reasons why you should invest in the Dominican Republic.

real estate investment dominican republic

Affordable Luxury Villas

The Dominican Republic is not only an excellent place for investment; it’s a fantastic place to live in! When you think of retirement, you think of relaxing by the beach, sipping martinis at the pool and enjoying a moonlight stroll on the sand. But the one thing holding you back is always going to be: can I afford it? With Casa Linda villas, it is definitely affordable. There are custom-made villas to accommodate your budget and ready-built options to choose from. Paradise is only a click away.

Easy Access

As a foreigner, buying property in another country can pose challenges; however, the DR is one of the few countries that welcomes new residents. If you’re looking to invest or to move to the DR, the government has a relatively easy residency process for you. With Casa Linda, you can have your new home surrounded by Putana Cana, Cabarete or even Santo Domingo city. 

Ready to Move?

Contact us for more information about villas and floor plans suitable for you! The DR is THE place to be. 

Here’s to Your Health! Expatriate Healthcare in the DR

Here’s to Your Health! Expatriate Healthcare in the DR

May 24, 2022 | Expat Life, Health and Wellness in Dominican Republic, News, Relocating to the Dominican Republic

Are you planning on relocating to the Dominican Republic and wondering what you can expect once you relocate abroad? As one of the most popular destinations for retirees as well as entrepreneurs from all over the world, the DR attracts adventure seekers looking for a beautiful, warm, and safe place to call home. With advanced infrastructure, a stable economy and government, and an extremely affordable cost of living, the Dominican Republic is a wonderful place to settle down and embrace the joy of island living.

As one of the DR’s most trusted and longstanding builders (30+ years and counting!), Casa Linda Quality Communities knows how important it is to have the right information on your side before making the leap to moving abroad. Our biggest passion, aside from building luxurious and affordable villas here in the Dominican, is making sure you have everything you need to succeed in paradise. Below, we’ll talk about one of the most important expat details you’ll want to have in mind when moving: health insurance. Read on to learn more!

Healthcare in the Dominican Republic

One of the most attractive aspects of moving the to Dominican is that you can adapt to island living without having to give up a top-tier medical system. The DR has an exceptional medical care system designed to provide quality and affordable care to all citizens and residents. At present the medical system in the DR operates under a 3-tier basis:

  1. Contributive (for those working in the Dominican and operating with a plan provided by employers)
  2. Subsidized (for low income, unemployed, or those unable to work due to an existing condition)
  3. Contributive subsidized (where most foreign residents will fall with private insurance plans etc).

Each tier has its own baselines and parameters, but by and large, the majority of expatriates tend to fall under the third category.

dominican republic expat healthcare

What is Covered by State Healthcare

Over the past few decades, the Dominican government has made significant strides towards universal healthcare, with today’s State coverage extending to primary and hospital care in most cases. Most significant and unanticipated expenses are part of this level of care, but to ensure that you have the coverage you need when it matters most (i.e. prescriptions, surgeries and comfort base treatments, etc.), having some form of privatized insurance is advisable for your own health and peace of mind.

Types of Insurance Coverage in the Dominican

The Dominican Republic has a wide range of insurance options available for expatriates, many of which fall under an “international” category. There is also local health insurance, as well as traveller’s insurance for snowbirds or those who are looking to vacation on the island first before making their big move.

Regardless of what option you choose, you’ll be pleasantly surprised that finding comprehensive and reliable healthcare is incredibly affordable, with some plans starting as low as $100 USD every 3 months!

Living in Paradise is Easy!

Casa Linda Quality Communities is here to help you make the most out of your time in paradise. With affordable custom villages located in our beautiful Cabarete community, the life you’ve always dreamed of is only a call away! Contact us today to learn more!

What You Need to Know About Taxes in the DR

What You Need to Know About Taxes in the DR

Apr 20, 2022 | Dominican Republic Villas, News, Relocating to the Dominican Republic

Are you planning on taking the leap and retiring abroad in the next few years? Leaving behind the old and welcoming a new life of adventure as an expatriate can be a wonderful way to shake up your day-to-day and celebrate a new chapter full of excitement. As one of the safest and most popular locales for retirees from all over the world, the Dominican Republic is a fantastic place to settle down and start the life you’ve always wanted.

As one of the top builders in the Dominican, Casa Linda Quality Communities is proud to welcome expatriates to our sunny shores and help you create your dream custom home in paradise. Located on the northern end of the island, our beautiful development sites give you the chance to experience affordable luxury and build a new life in a friendly, vibrant community full of people just like you!

Below, we’ll talk about one of the most important aspects to keep in mind when planning to move abroad: handling your taxes. Read on to learn more!

Why Consider Life in the DR?

If you’ve been looking into tropical destinations to retire in, you’ve likely seen the Dominican Republic at the top of most lists. Our popularity is well-deserved, with white sandy beaches, a friendly culture, gorgeous natural backdrop and economic and political stability being among some of the main reasons people decide to retire here. As the most advanced and one of the most developed Latin American countries, the Dominican Republic offers high quality of life and affordable living alongside a top-tier healthcare system, great infrastructure and multiple airports all over the country that make it easy to get back to your love ones whenever you need. In fact, one of the most common comments we hear from our residents is that island living is just like home, only warmer!

taxes in the dominican republic

Taxes in the DR

Whenever you move abroad it’s crucial to remember that you’ll still be expected to uphold certain standards that were a part of your daily life back home, including paying taxes. In the DR, those remaining in the country for more than 183 days a year are subject to taxation on a scaled level starting from incomes of approximately $10,000 USD. If you choose to relocate to the Dominican Republic permanently, you can expect that you will be taxed as a foreign resident up until the point you obtain citizenship, at which point you will be taxed as a naturalized citizen. For those choosing to relocate to the Dominican before they retire, and who choose to move their business with them, you’ll be pleased to know that there are plenty of opportunities to claim ample expenses to help offset the initial pinch of paying taxes in a new country.

Main Taxes

In general, there are three main taxes you’ll want to be aware of in the DR:

Corporations operating in the DR will be subject to a 27% corporation tax on net taxable income.

Capital Gains

Capital gains are one of the larger taxes in the DR, coming in at 27% of your earnings. If you choose to invest in real estate on the island (which is easy to due thanks to the government’s open attitude to foreign buyers), you’ll want to keep this in mind. For Americans, this amount can also be used to even out the amount you are required to pay on the US side each year, and, as we mentioned above, the write-offs that are available can help to cushion the cost as well.

Inheritance Tax

The DR’s inheritance tax amounts to 3% of the inherited estate, from which you can deduct outstanding debts as well as medical and funeral expenses.

Overall, many newcomers to the Dominican find that taxation is an easy system to navigate, both as a foreign resident, as well as once you obtain citizenship. One of the most attractive aspects of moving to this beautiful country is that the government truly welcomes newcomers with open arms and maintains ownership and financial policies that allow you to live the life you’ve always wanted with peace and security, as well as minimal red tape where financials and restrictions are concerned.

Discover Dominican Living Today

Want to learn more about relocating to the Dominican Republic? Contact Casa Linda today to learn about our breathtaking affordable villas, as well as our ever-growing community in Cabarete.

The Villas of Casa Linda

The Villas of Casa Linda

Apr 20, 2022 | Dominican Republic Villas, News

Are you yearning for long days by the beach, enjoying sunny paradise delicious cocktails at an affordable price? If your answer is yes, then the Dominican Republic is the place to be. Casa Linda offers a wide variety of villas in the DR for your budget. You can enjoy fantastic weather, world-class medical services and a great community at a cost you can afford! When you’re looking for a place to relax, lay back and settle down, you should never have to compromise your comfort for the price. Casa Linda Quality Communities is proud to offer you easy access to luxury villas with all amenities available within your budget! The Dominican Republic is the place to be, and here is why:

Beauty for Everyone

Did you know that the Dominican Republic is one of the few expatriate-friendly countries that doesn’t have minimum age requirements? You can now retire at ease with a little planning and research. Casa Linda is here to help you call the DR home and ensure you have all the information you need. Retirement should not be tied with age; on the contrary, you should be able to retire whenever you please.

villas of casa linda

Low Cost of Living

Worried about maintaining the lifestyle you’re comfortable with when moving abroad? Fear not! The DR is one of the least expensive places to reside in Latin America; your day-to-day expenses are significantly less than your average day in the US or Canada. Your monthly budget will vary according to your costs; however, you can generally expect lower prices for your everyday purchases than back home. You get to spend LESS all the while enjoying amazing weather and delicious food.

Whether you choose to rent or buy a villa, you will definitely enjoy a much more affordable and luxurious lifestyle in the DR. You also experience top-notch medical services at a reasonable price in the DR, meaning that you never have to worry about the quality and costs of essential care either.

Customize Your Villa

Casa Linda Quality Communities offers you ten different layouts to choose from when building your villa, as well as fully customizable options to help make your home feel just like…well, home! You can either purchase a two-bedroom bungalow that starts at $199,000 or select from other floor plans that range up to five bedrooms! Each of our villas features a luxurious pool as the perfect complement for warm sunny days, giving you endless opportunities to create your dream space in paradise. Looking for sliding doors? Swimming pool? Bar? Maybe even an entertainment area? We’ve got you covered. You can either choose from our wide range of villas or customize your villa your way. With Casa Linda, your luxurious villa is affordable and just a phone call away!

Invest In Your Future

Contact us today to get started on your new home! With Casa Linda, you can build the house of your dreams in paradise at an affordable price. Find out how by giving us a call!

Life on Island Time! Make the Leap to Living in Paradise Today!

Life on Island Time! Make the Leap to Living in Paradise Today!

Apr 20, 2022 | Expat Life, News, Relocating to the Dominican Republic

2022 is here, and it’s time to stop daydreaming of making the move to paradise and start taking the first steps toward making your dream a reality! If you’ve been waiting for the perfect time to look into island living, Casa Linda Quality Communities is here to help! Located on the northern end of the Dominican Republic, just outside of Cabarete, our luxury community gives you all of the benefits of a gated development (including 24/7 security, etc) as well as affordable housing starting at low as $207,300 USD! As one of the most beautiful and cost-effective locations globally for expatriates, life Dominican is an adventure you’ll enjoy each and every day. Below, we’ll cover just a few of the many reasons you should consider moving to the DR!

Perfect for Every Pension

It’s no surprise that one of the biggest influences when it comes to moving is your finances, both in the short and long term. Cost of living is a significant consideration and one that should be given ample thought before jumping in with both feet. Fortunately, for those concerned about staying within a specific budget without having to compromise on your quality of living, housing, and access to essentials, you’ll find that the DR is an ideal fit on all fronts. Not only does the Dominican have the best dollar-to-value ratio in the Caribbean, but it also offers a stable economy, top-tier healthcare system, affordable housing, and overall much lower cost of living than many of us are already accustomed to. That means you can look forward to living in luxury, without having to blow through your budget each month!

Community

Life in paradise just wouldn’t be the same all on your own. Whether you’re moving with a loved one or venturing out on your own as an entrepreneur or investor, one of the best parts of moving to the Dominican is the incredibly welcoming community and culture. From locals that are eager to make you feel at home to a vibrant community of expatriates all over the world, you’ll have no problem making new friends within our gated community and building a new life full of laughter and quality relationships.

relocating to the dominican republic

Familiarity is Never Far

You might be surprised to learn just how many of your favourite brands and stores you can expect to still find here in the Dominican Republic. The Dominican is home to many popular retailers and brands you would expect to find in North America, meaning that, in addition to the abundance of fresh produce and new items you’ll find in stores, you’ll rarely have to worry about going without your preferred products.

Unbeatable Weather

Never shovel again! If you’re through with freezing cold winters and long dreary days, the DR is here to rescue you with its warmth! Our daily temperatures average 28°C (82°F) and with miles of white sandy calling your name, it’s time to stop dreaming and start living in an incredible new reality!

Ready to Answer the Call of the Island?

At Casa Linda, we’re proud to help adventurous spirits find the perfect villa that’s tailored for your exact tastes and needs. Each of our homes is built to the highest quality and designed to provide you with comfort, safety, and (of course) enjoyment. Contact our team today to learn about our available floor plans and more.