Retirement is Different in the Dominican Republic

Retirement is Different in the Dominican Republic

Your Perfect Villa

is waiting for you at casa linda

Retirement is not only about kicking back and doing nothing all day; it’s much more than that. Retirement is when you can finally do everything you’ve dreamed of doing but were too busy to do in the past. You can now pay more attention to your personal care, your physical well-being and explore different pleasures of life.

If you’re looking forward to retiring and finally checking off all the boxes on your bucket list, then retiring in the Dominican Republic is the place for you. Here is why you should consider the Dominican Republic as your retirement destination:

An Abundance Of Activities:

The DR is well known for its Caribbean, laid-back lifestyle that people rush to when they’re looking for a break from their daily routine. You’ll be walking down the local markets, choosing your daily delicious fruits and veggies in the morning and enjoying long moonlight walks on the beach, listening to the music as you light up your Cuban cigar in the evening. Imagine being able to revel in the culture and experience the beauty of it like a native! The DR also offers exceptional activities such as yacht cruises, safari trips and bird watching; you’ll spend every day discovering a new adventure. 

retiring in the dominican republic

Choose Your Home

The beauty of living in the DR is that you get to choose everything you’d like to install in your home! Casa Linda offers a variety of villas you can choose from, or you can fully customize it as you please. When you partner with us, we make sure your home is perfectly catered to you, ensuring it is one less thing you have to worry about when you retire. You can finally enjoy the freedom of a rooftop terrace, an outdoor pool or even a luxurious outdoor/indoor kitchen at an affordable price. Retirement can be tricky when it comes to finances, but imagine being able to have your dream home, live on the beach and enjoy a stress-free life with budget-friendly options.  

Caring and Safe Community:

The Dominican Republic has been home to many Canadians, Americans and Europeans for more than 40 years. Our community is very welcoming and always growing; you’re guaranteed to feel like you’re surrounded by family and friends at all times. We also ensure 100% safety with our premier 24 hours gated security system and all-day round guards. 

Your Budget-Friendly Dominican Home Awaits!

Contact Casa Linda to learn more about purchasing your dream home today!

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Reasons Why Canadians Retire To The Dominican Republic

Reasons Why Canadians Retire To The Dominican Republic

Your Perfect Villa

is waiting for you at casa linda

The Dominican Republic government has allowed people to retire to the DR since 2007 seamlessly. Law 171-07 was introduced for foreigners to be able to move to the DR by simply providing proof of stable income. You can begin your retirement application to the DR with minimal and straightforward requirements, no matter your age. 

Casa Linda is proud to be one of the most trusted communities in the Dominican Republic that provides our clients with exceptional villas, services and amenities. Read on to learn more about why people, especially Canadians, retire to the DR and choose Casa Linda for their new home. 

Dashing Through The Snow!

The only time the phrase “dashing through the snow” is used in fun and exciting atmosphere is when singing the Christmas carol during the holidays. It’s all fun and games until your car stops working the next day from the extreme cold or you’re shovelling 4-5 inches of snow 6 in the morning to dig your car out of the parking lot. With winter lasting more than six months a year and having snow and windstorms in the spring, Canadians have sought out retirement in a country that offers endless sunny days. 

With beautiful weather, gorgeous beaches and delicious cuisines, the Dominican Republic offers Canadian retirees the perfect retirement destination in the Caribbean. Over 200 days a year, the DR’s climate is sunny and warm, with average temperatures of 82ºF (28ºC) in July and 76ºF (23ºC) in January. Casa Linda’s development will provide you with comfortable homes and great weather all year round. 

canadians retiring to the dominican republic

Low Living Costs

The cost of food, services and goods in the Dominican Republic is much lower than in the United States or Canada. Even in large cities like Santo Domingo, living costs are significantly lower than in cities back home. Living off your investments, savings or paychecks can be pretty restricting, especially if you’re on a tight budget. 

However, in the Dominican Republic, your money can last longer, no matter the monthly budget. Not only are the essential utilities and groceries very affordable, but the villas, restaurants and services are also a fraction of the price in Canada. Retirees choose to live a luxurious, affordable lifestyle in the Dominican Republic comfortably without worrying about expensive expenses. 

We Are Family!

Canadians, Americans and Europeans have chosen Casa Linda Quality Communities in the Dominican Republic for many years. The Sousa and Cabarete have been home to all foreign ex-pats for 40 years! Our community includes events, restaurants, clubs and a full-time travel concierge who plans our tours and activities all around the Dominican Republic. Whatever your interests may be, you will find a group to join here in our community. 

Retire with Ease

The Dominican Republic has made the process of retirement very simple. The steps to obtaining Dominican Republic residency are clear and accessible to all foreigners. With every step of the way, Casa Linda will help you escape the cold winters back home and build a new, sunny lifestyle in the DR. 

Contact Casa Linda and discover the Caribbean lifestyle today! We help our homeowners find the perfect villa for their needs and provide them with all the steps necessary to make the move. 

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Why You Should Retire in the Dominican Republic

Why You Should Retire in the Dominican Republic

Your Perfect Villa

is waiting for you at casa linda

Are you tired of dealing with the cold winters here in Canada? Are you and a loved one considering retiring abroad? If so, you should consider the Dominican Republic as your future home! The DR is the perfect destination for investors, entrepreneurs, and retirees alike. This tropical paradise has plenty of opportunities for newcomers to enjoy life at a slower pace without compromising on the amenities you know and love. At Casa Linda, we want your retirement to be a breeze! We offer our residents a range of villa floorplans so you can retire in luxury. If you’re planning to retire soon, consider living in the Dominican Republic. Below we’ll discuss some of the DR’s benefits it has to offer retirees. Continue reading to learn more!

Retire with Ease!

Moving to a new country can be a complicated process, especially if you plan to do so after retiring. Retirement is a well-deserved and exciting stage in life. Still, it requires you to be honest and open about your financial situation and goals. Luckily, the Dominican Republic is welcoming to foreign investors and expatriates. Retiring abroad in the DR is simple! The residency process, affordable housing, and numerous incentives available to foreign investors makes moving to the DR exciting and easy!

Don’t Compromise on Healthcare.

Many expatriates looking to retire abroad consider healthcare one of the essential factors in determining where they’ll settle down. Fortunately, the Dominican Republic offers a dependable healthcare system with state-of-the-art facilities and experts. Healthcare professionals can provide care in both English and Spanish, so speaking with your doctor is easy. Best of all, many residents in the DR find that the country’s healthcare system is affordable and comparable to the healthcare they’re used to in Canada.

retiring in the dominican republic

Stunning, Safe, Serene

Aside from healthcare, safety is another priority for those looking to relocate to a new country. Determining the safety of a country can be challenging, but Casa Linda is here to help quell your fears. The DR is one of the safest countries in the Caribbean. The only safety concerns you need to consider are the usual precautions you would take anywhere in Canada or the USA. Casa Linda’s villas are located within gated communities that offer 24/7 security for our residents. That means you’ll have peace of mind while staying in the DR or visiting another country. With many of your future neighbours also being retirees, you’ll have the comfort of knowing that your community is safe and filled with individuals who have similar experiences.

The Dominican Republic is a beautiful country filled with stunning beaches and many exciting activities to keep you entertained. The DR is stable politically and economically, so living the tropical lifestyle at a slow and easy pace is right around the corner. We are sure you’ll enjoy your retirement with over 200 days of sunshine and an average temperature of 28° C (82° F)! 

Private Villas at Casa Linda

Casa Linda is the premier custom villa builder in the Dominican Republic. Our team of in-house architects looks forward to creating your future dream home! Living the laidback island lifestyle is easy, with a range of luxurious floorplans to pick from and many customization options. Casa Linda is excited to welcome you home to our vibrant communities. 

Ready Retire in Style?

Casa Linda’s gated communities are home to stunning luxury villas. Contact us to learn more about retiring in style in the Dominican Republic!

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Types of Taxes in the Dominican Republic

Types of Taxes in the Dominican Republic

Your Perfect Villa

is waiting for you at casa linda

Daydreaming of daiquiris on the beach and saying goodbye to long nasty winters forever? Casa Linda Quality Communities is here to help make your vision of life in tropical paradise a reality! Located on the northern end of the Dominican Republic just outside Cabarete and Sousa, our luxury villa community is the perfect place for ex-pats from all walks of life to settle in and enjoy the many perks of island living. From long sunny days with soaring temperatures (the DR averages over 300 days of sun each year and daily temps around 24°C or 82°F) to a vibrant community of welcoming friends, there’s no better place to call home and start a new life full of adventure and relaxation!

Relocating Basics: A Quick Look at DR Taxes

Moving abroad is an incredibly exciting process, and with a little homework and extra knowledge on your side, you can make the transition easier! At Casa Linda, we often get questions about the quality of life in the DR, as well as what to expect when it comes to taxes when you settle down in the Dominican. Below, we’ve put together a quick list of 5 basic taxes you can expect to encounter within the Dominican Republic.

Income Tax

Thanks to the country’s openness to foreign investors, and entrepreneurs and the recent surge in WFH friendly workplaces, the Dominican has become an increasingly popular destination for ex-pats looking to earn income while they enjoy the perks of paradise. It is important to note that those residing in the DR for more than 182 days a year will be considered taxable residents and you will need to get a tax number to file accordingly.

Those who earn $8,671 USD or more annually ($722 USD monthly) will need to prepare to file taxes, but the good news is, that your income is only taxed based on what you make in the DR exclusively. Once you’ve been a resident for over 3 years, you’ll also have to pay taxes on overseas investments, but pensions or social security funds are not considered within this category.

dominican republic taxes

Capital Gains Tax

Capital gains refer to money made during the sale of an asset, and the tax placed upon the profit to adjust for inflation. Capital gains are taxed like regular income (0 % – 25 % for individual taxpayers and 27 % for companies). Worth noting is that there is an adjustment in place to account for the depreciation in value of an asset (i.e. vehicles) over time, so your inflation value is related to the overall salvage value and the overall value is assessed in Dominican Pesos opposed to USD.

Property Tax

Property taxes are assessed at 1% of the total value of your home for dwellings exceeding $135K USD. Those who own bare land and intend to build you will still be subject to the 1% assessment without the minimum threshold. Property tax is dues by March 11 each year and can be paid in either one or two instalments.

Inheritance Tax

All estates of those residing within the Dominican are subject to inheritance tax, regardless of the nationality of the owner. Inheritance taxes in the DR are 3% of the overall value after deductions including medical and funeral expenses, as well as outstanding debts and mortgages. Beneficiaries should be aware that they must file a declaration within 90 days, though in complex cases you can gain an additional 3-month extension where warranted.

Double Taxation

Most expatriates are (rightfully) concerned with knowing whether or not they will be subject to double taxation when they move to the DR. In simple terms: unless you are a Canadian or Spanish citizen, the answer is yes. At present the DR only has ratified treaties with Canada and Spain, therefore other nations are still subject to double taxes (sorry!).

Learn More about Life in the DR Today!

At Casa Linda, there’s nothing we love more than welcoming you to our sunny shores. With beautiful custom villas available at affordable prices, your life in paradise is closer than you think! Contact us today to learn more!

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Retire in Style with Casa Linda

Retire in Style with Casa Linda

Your Perfect Villa

is waiting for you at casa linda

Are you ready to start the new year in a brand new home? It’s no secret the last few years have been stressful for everyone, and with more people than ever ready to make a change and embrace a more laidback lifestyle, there’s never been a better time to consider moving to the Dominican Republic. Perfect for entrepreneurs, investors, and of course, retirees, the DR has so much to offer and makes it easy to live the tropical lifestyle you’ve always dreamed of. At Casa Linda Quality Communities, there’s nothing we love more than welcoming newcomers to our beautiful slice of paradise. Located in beautiful Cabarete, our private community features 11 customizable villas floor plans to choose from and make it easy to settle into your new home.

2022 is the perfect time to make your dream of island living a reality, and with the help of our team, you’re closer than you think! Below, we’ll cover a few of the main reasons people choose to relocate to the DR find out more by reading on!

Affordable Living

When it comes to moving, much less moving abroad, one of the number one concerns facing anyone is affordability. Foreign living can be quite expensive, especially when you consider currency conversion, housing and general living expenses (i.e. healthcare and groceries). The good news is, the Dominican Republic is extremely affordable, even for those with smaller budgets. Thanks to a favourable currency exchange, low cost of housing, and general lower expenses, many expatriates are pleased to find they can live even better than they did back home while still maintaining the same budget.

Vibrant Expat Community

The Dominican is one of the most popular destinations for expatriates from all over the world, and Casa Linda is proud to have welcomed countless couples to our community over the past few decades. With friendly faces everywhere and people who can relate to your experience moving overseas, you’ll never feel alone and will be able to settle in quickly.

villa atlantis

Dependable Infrastructure

One of the lesser talked about aspects of moving abroad is that there can sometimes be difficulties maintaining the same luxuries and creature comforts you’re accustomed to living in the western hemisphere. Fortunately, this is often not the case in the DR, thanks to our extremely advanced infrastructure that includes his speed internet, reliable electricity, and telephone services. Staying connected here is easy, and with the installation of a back up generator in your home, you’ll be all set to handle the unique challenges that the island might throw your way occasionally.

Easy Retirement Process

Moving abroad can feel overwhelming, but it can be even more daunting when you’re looking at doing so after retiring. Retirement is an incredibly exciting development, but it also means that you need to be very honest about your finances and goals for the future. Thankfully, the Dominican Republic is incredibly welcoming to foreign investors and expatriates, making it simple to retire abroad. With a straightforward residency process, affordable housing, and very few barriers to foreign ownership, settling here is easy and headache-free.

And So Much More!

Moving to the Dominican Republic is the adventure of a lifetime, and one that provides endless rewards. Whether you’re daydreaming about relaxing on the beach, hiking, surfing, or taking in all the many sights that the DR has to offer, there’s always something new to see and countless ways to enrich your life in paradise! Casa Linda Quality Communities is here to help you make those dreams a reality, one step at a time. Contact Casa Linda today to learn more!

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Cons of Living in the DR

Cons of Living in the DR

Cons of Living in the DR

as an expat

By Colleen Valerio

Are you interested in moving to the Dominican Republic or buying a property, but every source online seems to be only about beaches or sunsets? What elements are challenging when it comes to adapting to a new culture? We want to talk about those not so enjoyable elements about Dominican Society.

The DR is a developing country; it’s not a third-world country anymore, not by a long shot. But there is no perfect place, and we do encounter some challenges, one of them is driving. In Italy, driving is crazy too. Coming from such a North American environment, where everybody follows the rules and lights matter and you turn your signal light on.

It’s been 14 years and I’m still driving along with my husband going seriously, like what did you just do?! That would be for me, the biggest one. People don’t follow the rules. There are too many motorcycles, a lot of traffic. There are options if you don’t drive like the public transportation system. There’s a bunch of different ways of getting around here and inexpensively. Some owners that don’t drive have their cab driver on speed dial, who picks them up right at their house door. I just wish they would just follow the rule and, oh… the horn is your friend!

There’s something called “guagua”. We stand out on the road and a little, twelve or twenty-four-seater van drives up, and you just hop on, and takes you however far you want to go. Also, “carritos” are a dollar to drive from Sosua to Puerto Plata; these are actual cars that everybody kind of piles in; I wouldn’t recommend that.

For Casa Linda owners, we’re really lucky because we have a shuttle bus. The shuttle is on a schedule, it drives between Sosua and Cabarete all day every day. It goes to the grocery store, goes to the beach. There are lots of ways of getting around if you don’t want to drive.

This is such a tourist-based country, obviously tourists like clean streets, and whenever there is still a component here where they’ll be on the back of their motorcycle eating out of their Styrofoam container and huck it off the side, and just drives me crazy. On the bright side, I find that it’s getting better and there’s all this, governmental awareness.

If you’re out for dinner in the evening, you will notice at the end of one street called Pedro Clisante… There is prostitution. You will see the ladies of the evening, wandering around, not in your face and never to bother, but you will notice it. It’s a bit of a surprise to those of us that come from countries, where it’s certainly not legal. It isn’t something that is part of our life here, it’s just something you’ll notice in one part of one area of town.

So, it’s not a downside or negative, but one of the things I will caution people about is, this is different. This isn’t your home country as much as we always say. It’s like home only warmer because it really is. There are still cultural differences. It’s Spanish, you know, the waiters speak perfect English, almost everywhere we go. You don’t need to learn Spanish, which is too bad for me because, after all these years, I still speak terrible Spanish.

This is a different country; you have to be patient and realize that it’s not going to be exactly the same. If it was the same and you wanted that you’d stay. Here it’s warm and it’s lovely but it’s a slower pace. It’s the mañana mañana! The guys are going to show up to paint your pool: he says he’s coming at 1 pm, he might show up at 4:00. A whole different way, and it’s made me slow down.

At first, I had to be on it but I’ve changed especially when they love you and your family. One time our housekeeper which is like family brought this big root that even had the dirt off the end and she’s like put this in a pot and boil this for my husband’s kidney stones, and I said, wait a minute, what is this? She was no, trust me, and turned all purple, he drank it and felt better.

That’s a different way of life and you get flexible and easy going and you don’t stress about too much down here. We’re supposed to be talking about the negatives, but somehow, we’re talking about what we think is positive. I remember years and years ago, we decided to go for a drive or so we thought, we’ll meet up somewhere on this road. It was an hour and a half later on this dirt road, and we’re lost like crazy.

Then, this guy was standing on the side of the road and my husband’s Italian. So he gets up and he tries to talk Italian to the guy and like finally says, in English, are you lost? He was like the only English teacher within a 500-mile radius. He got in the car (which you would never do in Canada) and drove us back. He said, “Thanks a lot; I was kind of going to come down here anyway, so see you later”. I was like that was weird. But you know what? Those are real stories. And everybody that lives here has a story like that.

 

If you are planning for retirement or seek a home base with a lower cost of living, it’s time to check out the Dominican Republic! ? Learn more about Dominican features and amenities through our video series “Buying Real Estate in the Dominican Republic”. 

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colleen valerio

Colleen Valerio, Marketing Director

Originally from western Canada, Colleen came to the DR over 15-years ago. She has been helping buyers find their tropical dream homes ever since.