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Fast Facts on Dominican Republic Residency: Things you Need to Know From Investing and More

Fast Facts on Dominican Republic Residency: Things you Need to Know From Investing and More

Jul 12, 2021 | Dominican Republic Villas, News, Relocating to the Dominican Republic

Are you hoping to settle down and start a new chapter in life abroad in the Dominican Republic, but find yourself a little confused as to how to secure residency status? Becoming a permanent resident is an important, and necessary, step for those planning to remain in the DR past the normal 3 months allotted by a visitor’s visa. Many of the most frequently asked questions we get here at Casa Linda revolve around securing your residency. To help you feel a little more prepared before making your move, below are three of the most frequent residency questions and their answers. Read on to learn more!

1. What is Permanent Residency

Permanent Residency (PR) refers to a formal status application that, once granted, legally entitles you to stay in the Dominican Republic indefinitely. Without your PR, you will only be allowed to stay in the country for 3 months at a time and will not be eligible for all of the perks and permissions that residents have. PR is necessary for full-time residents, but also those wishing to legally work and conduct business while residing full time in the Dominican. Note that the DR does not offer a work visa, therefore PR is the only way to do so legally.

Villa At Casa Linda

2. Is it hard to get my PR?

Yes and no. As we’ve mentioned above, applying for permanent residency is a formal process, and as such, there is quite a bit of paperwork involved. With that being said, the process itself is actually relatively straightforward, especially if you have the help of a skilled legal team that can help you navigate the various forms. You can expect to submit multiple kinds of documentation including background/criminal records information, health information, financial statements and more. One of the most common setbacks encountered by applicants occurs when information is set to the wrong place or in the wrong language. Be sure to read through all requirements thoroughly to minimize the chances of such errors.

3. Can I fast-track my application?

The Dominican is one of the few countries that offer a “faster” naturalization option for those that are able to invest $200,000 USD into the local economy via local businesses or local financial instruments. Doing so allows you to skip the 4-year temporary residency requirement that’s typically in place and can help you gain your PR directly in as little as a year.

It’s Your Time to Shine

If you’re ready to leave cold winters and the chaos of your day-to-day behind, the Dominican Republic is here to welcome you! Based on the north end of the island, Casa Linda Quality Communities gives you access to affordable custom villas, a vibrant social scene, and safe living with peace of mind. Contact us today to learn more about living in Cabarete!

Reasons YOU Should Be Investing in the Dominican Republic

Reasons YOU Should Be Investing in the Dominican Republic

Jul 5, 2021 | Dominican Republic Villas, News, Relocating to the Dominican Republic

Are you a savvy property investor that’s looking to add an exciting new opportunity to your portfolio? Or maybe you’re a snowbird that’s looking to slowly make the transition to full-time island living. If you’ve been looking at international properties and are in search of an exotic locale that offers affordable housing, benefits for investors, and, of course, the perfect beautiful location to relax in, look no further than the Dominican Republic!

World-renowned for our beautiful beaches, stunning scenery and year-round climate that averages daily temperatures of 85°F (28°C), the DR is a favourite for both expatriates and international property owners. If you’ve been contemplating taking the leap and investing abroad, below are a few reasons you should seriously consider the Dominican Republic. Read on to learn more!

1. Extend Your Dollar

It’s no secret that one of the most difficult parts of settling down and purchasing a new home abroad is finding affordable housing that allows you to relax in luxury and never settle for less. At Casa Linda, we’re proud to offer custom villas that start as low as $185,000 USD each with their own distinct floor plan and perks to enjoy. Our team believes in offering exceptional housing at an affordable price point, as well as providing a safe community that allows you to enjoy peace of mind.

invest in your future dominican republic villa

2. Economic Stability

The Dominican is the most economically stable and politically steady country in Latin America, meaning that investing is less of a risk and that you can feel confident when choosing to relocate. For well over 20 years, the DR has seen significant GDP growth and government has consistently focused on reducing poverty and providing a solid legal framework that keeps everyone safe and stable. The country is also incredibly welcoming to foreign investors (more on that below), and, once you achieve permanent resident status (which you’ll need to do if you plan on staying here indefinitely), you’ll gain access to a wide range of benefits that extend the ROI of your initial investment.

3. Outsiders Welcome

With a thriving tourism sector, the Dominican is no stranger to outside capital, and as such, the country is extremely welcoming to foreigners choosing to invest in their economy. The DR offers numerous tax incentives to foreign home buyers, business owners, and makes it easy to relocate or operate abroad without high costs or fees bogging you down.

Want to Learn More About Investing in the Dominican?

Casa Linda is here to help! Our community is located on the north end of the island in Cabarete and features beautiful homes and a thriving group of homeowners that are ready to welcome you to our perfect piece of paradise. Learn more about how you can invest in your own piece of tropical heaven by contacting our team today!

Don’t Miss Out on Life in Cabarete

Don’t Miss Out on Life in Cabarete

Jul 5, 2021 | Dominican Republic Villas, News, Things To Do in Dominican Republic, Working in Dominican Republic

Are you ready to settle into a life of luxury and adventure? If you’re looking to make the shift from occasional snowbird to full-time island resident, there’s no better place to settle down than the Dominican Republic. With mile after mile of white sandy beaches (including several world-renowned locations), sparkling blue waters, delicious restaurants and a vibrant culture that’s just waiting for you to join in, it’s no wonder that the DR is a favourite among expatriates.

Nestled on the northern end of the island in sunny Cabarete, Casa Linda’s bustling community features breathtaking custom villas, 24/7 onsite security and plenty of other perks to enjoy. We’re proud to welcome people to our little slice of paradise and to help you experience as much of the Dominican as possible. If you’re looking to settle down in Cabarete, below are just a few of the fun things you can expect to enjoy!

World-Class Beaches

It wouldn’t be a tropical paradise without beaches to lounge on, and the Cabarete gives you plenty to choose from. From world-famous surfing haunts like Encuentro Beach to VIP beaches only available to residents of Casa Linda Communities, you’ll have ample opportunity to enjoy the feeling of warm sand between your toes and the sound of waves lapping at the shore.

cabarete dominican republic villas

Foodies Rejoice!

Are you a lover of good eats? The Dominican has you covered! With fresh produce and an abundance of mouth-watering eateries in the area, you’ll have no shortage of places to dig in and enjoy an incredible mix of flavours. For those who love to indulge in rum, chocolate, and even the occasional cigar, you’ll be happy to know that the Dominican is a chief export of each of these products and has some of the best selections you can find anywhere right here on the island as well!

Explore for More!

One of the best parts of moving somewhere new is opening yourself up to a brand new world of wonder and intrigue. The Dominican is the perfect adventure for people from all walks of life and of all activity preferences. Whether you prefer athletic excursions like surfing, hiking, or water skiing, or a slower pace in general, you’ll never run out of different ways to make the most of your time on the island, day after day.

Settle Down With Casa Linda

For over 20 years, Casa Linda has welcomed expats from all over the world to the sunny shores and helped them find their perfect home in paradise. With custom villas available for as low as $185,000 USD, there’s never been a better time to join us on the island. Learn more about our homes, as well as life in paradise, by contacting our team today!

4 Cost of Living Perks in the Dominican Republic!

4 Cost of Living Perks in the Dominican Republic!

Jun 28, 2021 | Expat Life, News, Relocating to the Dominican Republic

Are you considering making the move from recreational sunseeker or perennial snowbird to a permanent resident of paradise? Settling down abroad can be an incredible way to improve your quality of life and start a brand new adventure that brings plenty of personal fulfilment for you to explore. With miles of stunning coastline, crystal blue oceans and breathtaking beauty around every corner -not to mention endless sunny days and warm weather- it’s no surprise that the Dominican Republic is one of the most coveted spots to relocate to for expatriates from all over the world.

The north end of the island, where Casa Linda’s communities are located is shielded during hurricane season, offers affordable housing, and has plenty of benefits for residents, including a much lower cost of living. If you’ve been looking into the realities of moving abroad, you may be pleasantly surprised to learn just how affordable life in the Dominican Republic can be. Below, we’ll highlight four areas where you can expect to save when living on the island!

Housing

It comes as no surprise that one of the biggest reasons people choose to relocate to the Dominican Republic is our affordable housing. If you’ve ever dreamed about retiring on the beach and spending the rest of your days in a beautiful custom villa that’s built exactly to your specifications, Casa Linda is here to help make it a reality. Our 10 custom villas are available at very approachable price points (starting as low as $185,000 USD) and have endless ways to tailor your floor plan to your exact tastes. With affordable living at your fingertips, you never have to worry about compromising on quality or safety when moving abroad!

dominican republic cost of living

Healthcare

Did you know that the Dominican Republic has a world-class healthcare system featuring high-end facilities, leading medical experts and service in both English and Spanish? If your answer is no, you’re not alone! Healthcare is often one of the biggest surprise perks for potential ex-pats, and they’re even more excited when they find out that the cost for health insurance can be as low as $1200 a year per couple. Exceptional care at low costs gives immense peace of mind, especially for those that may have existing medical conditions or are highly concerned with planning for the future.

Food

The benefits of living on a tropical island is that fresh produce and even your meat and dairy are often much cheaper than back home. New residents are often pleased to see just how much their weekly grocery bill drops and how much farther their budget can go. Best of all, you’ll even find many of your favourite treats in stores here as well!

Daily Essentials

Much like food and groceries, other essentials like power, water, internet and even cell phone service tends to be much cheaper than the rates that many are accustomed to. This is fantastic news for anyone looking to make their dollar go farther and hoping to extend their ability to enjoy their time in paradise.

Discover Affordable Living in the Dominican Republic Today

Are you ready to make your island dreams a reality? Contact Casa Linda today to learn more about our homes and community in the Dominican Republic!

 

Common Questions about Dominican Republic Permanent Residency

Common Questions about Dominican Republic Permanent Residency

Jun 28, 2021 | Expat Life, News, Relocating to the Dominican Republic

Have you been contemplating saying goodbye to winter for good? Whether you’re a seasoned snowbird or have simply had your fill of busy cities, cold weather, and a hectic lifestyle, the Dominican Republic is one of the world’s most beautiful locales to settle down and start a new chapter in life. Perfect for retirees, savvy property investors, and those who want to take advantage of many companies deciding to make the work from home shift permanent, the Dominican Republic is a sunny oasis full of beauty and tranquillity for residents to enjoy all year round. If you’ve been seriously considering making the move abroad, below are common questions that you’ll need to know the answers to about obtaining residency status and living in the DR. Read on to learn more!

Do I Need to Become a Permanent Resident?

This is one of the most commonly asked questions the team here at Casa Linda answers, and for an understandable reason. Moving abroad is a complicated process, and with many eventual long-term residents choosing to start out as snowbirds, the answer isn’t always as straightforward as one would think. Generally speaking, if you plan to remain in the country for more than 3 months at a time (the length of a government-issued tourist visa), yes, you will need to look at getting your permanent residency (PR). Permanent residency not only allows you to stay in the country indefinitely but also entitles you to a wealth of benefits (more on that shortly) given only to residents and makes it easier to conduct business transactions as needed.

dominican republic permanent residency

Is it Complicated to Get My PR?

Yes and no. The good news for anyone pursuing official residency within the Dominican is that the process is, as a whole, pretty straightforward. Even though it can be time-consuming, with the right legal assistance you should be able to navigate the process with minimal headaches and few problems along the way. At the start, you’ll need to apply for temporary (provisional) residence upon arriving in the DR (NOTE: you must do so within 6 days of arrival). This provisional residency allows you to remain in the country for up to a year at a time and permits you to work while residing in the country if necessary, which is particularly essential for anyone looking to be able to maintain their job abroad under WFH circumstances.

Once the initial year has passed, you can renew your provisional residency for a total of 4 years, and then, once that 4 year period is completed, you then typically become eligible to apply for PR status. The in-between time period can be used to collect the various documents required for your PR application and give you time to ensure that everything is submitted properly (mistakes can lead to denial and/or significant delays). Documents you will be expected to submit include:

  • Bank statements for the last three months.
  • Two frontal photos (2×2).
  • Lab Test (HIV, drug test) and a letter from a doctor stating that you do not have communicable diseases. For those already in the D.R., we provide information on facilities that perform the medical test and provide the medical certificate.
  • Birth certificate (apostille or legalized).
  • Certificate of good conduct from the police (apostille or legalized).
  • Copy of valid passport.
  • Provide the required documentation according to the visa category. (Work, retired, investment, married to a Dominican or a resident; proof that you have been living in the country for a long period). If you are a missionary or NGO you will need a letter confirming your status from your organization.

It’s important to note that you must pay attention to all details on the above documents and ensure that they are sent to the right locations in order to avoid complications. Working with a skilled immigration lawyer will make it easier to sort through all documents and avoid costly errors, as well as help you stay on top of the overall progress of your application.

What Are the Benefits of Receiving My PR?

Aside from being able to legally live in the country, receiving your PR gives you access to a more favourable tax structure (including avoiding the 50% surcharge on estate taxes), allows you to work within the country, and conduct important business transactions such as getting bank loans and applying for credit. The Dominican Republic is incredibly welcoming to foreign investors and new residents, and receiving your PR truly is the best way to make the most of your life abroad and gain peace of mind.

Want More Information?

Casa Linda is here to help! If you’re ready to live your dream life in paradise and build the dream villa that you’ve always wanted. Contact us today.