Are you in the initial stages of planning to settle down abroad? Whether you’re planning on taking the leap after your upcoming retirement or need a change a pace sooner than later, the Dominican Republic is an ideal place to relax, unwind, and embrace the island life for good. At Casa Linda, we’re happy to help people from all walks of life discover their own way to escape to paradise with luxurious villa living. One of the most common questions we get from prospective owners revolves around cost of living in the Dominican. Understandably, finances are an important part of the decision to relocate, but fortunately many are pleasantly surprised to learn that the cost of living in the Caribbean is typically much cheaper than other locations. Below, we’ll explore three of the most common areas of financial interest, as well as what you can expect while living on the island.
A Word On Maximizing Your Savings
Before we break down some of the fundamental costs of living, if you’re considering making a major move abroad, it’s imperative to have an honest discussion with your spouse and any financial advisors you may have about your current resources, as well as where you expect to be in the future. Doing so will help you make a confident decision moving forward, as well as prepare for long-term residency. With a little guidance, you can easily ensure that you’re prepared to settle in and enjoy the tropical lifestyle you’ve always dreamed of.
Housing
A major concern for anyone looking to move abroad is finding affordable housing that allows you to maintain, if not improve upon your current standard of living. 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, private restaurants, a VIP beach club and more. Casa Linda makes it easy to live the life you want at an affordable price point, with plenty of opportunities to customize to your exact needs.
Healthcare
Another main priority for those looking to move abroad is being aware of the state of medical care in the country they wish to relocate to. The Dominican offers exceptional care on all levels, alongside state of the art facilities and highly qualified professionals that are all readily available. For those moving from the United States, it’s often a pleasant surprise to learn that 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!
Daily Necessities
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, the cost of groceries is usually lower than most are accustomed to.
Those worried about infrastructure will also be pleased to learn that the DR has easy access to high-speed internet, cable television, stable electricity and more. In fact, you’ll largely find that the Dominican is just like home, only warmer!
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!
