Have you and your loved one decided to make the leap and embrace the thrill of becoming an ex-pat? Choosing a new home abroad is one of the most exciting decisions you’ll ever make. Whether you’re gearing up for retirement or simply need a change of pace that allows you to enjoy life at your own speed. For over 30 years Casa Linda has welcomed expatriates from all over the world to our sunny shores and helped them discover their dream home in paradise. With a team that’s dedicated to helping you feel at home, you can trust us to help answer your biggest questions and help you feel at ease.
Below, we’ll discuss one of the most important aspects of moving abroad: budgeting for the cost of living. Many of our homebuyers are pleasantly surprised to learn that the cost of living in the Dominican is significantly cheaper than life at home, meaning that your budget tends to go farther. Read on to learn more about 3 major financial points to consider, as well as what you can expect while living on the island.
Plan For Success
Before we dive into three major areas for financial consideration, it’s worth mentioning that the most important step you can take towards moving abroad is to have an open and honest conversation with your spouse and financial advisor, especially if you’ve not been on top of longterm planning prior. Knowing where you stand will make it easier to plan ahead with confidence, as well as have the information you need to apply for long-term residency.
It comes as no surprise that one of the predominant concerns of anyone moving abroad is finding housing that is not only affordable but perfectly suited to your wants and needs. Casa Linda is proud to offer state of the art villas starting at prices as low as $179.6k USD. Nestled on the tranquil northern end of the island, our gated community features ten incredible floor plans to choose from, along with multiple amenities like 24/7 security, activity planners on-site, private restaurants, a VIP beach club and more. Our team makes it easy to embrace life to the fullest in the Caribbean while living in a house you love!
Second to housing, the other main concern for most expats is ensuring they’ll have adequate care when they move aboard. Fortunately, those looking to relocate to the Dominican will be pleasantly surprised to learn that the DR offers exceptional medical care on all levels, and features state of the art facilities staffed with highly qualified professionals that are all readily available. The monthly cost for health insurance can be as low as $100 USD and wait times, as well as procedural costs, are typically much cheaper than they are back home. This means that the Dominican is a safe bet when it comes to taking care of your health today, tomorrow, and in the many years to come!
Finally, one of the other pleasant surprises ex-pats find upon settling into daily life in the DR is that daily necessities like food are often much cheaper, including meat and dairy products. With ample fresh vegetation and resources available all year round, you can expect your cost for groceries to drop, meaning you’ll save more while eating fresh!
Ready To Learn More?
Tired of dreaming of palm trees and pina coladas? It’s time to make your vision a reality. Contact Casa Linda today to learn more about taking your first steps, and visit our resource centre for more information now!