The cost of living in the United States is skyrocketing, causing many Americans to consider moving abroad. If you’re thinking about moving to a more affordable country, the Dominican Republic is calling your name!
In addition to our sunny skies, sandy beaches, and welcoming community, our day-to-day living expenses in the DR make it the ideal relocation for American expatriates. Here are just five ways you can improve your cost of living in the Dominican Republic, and how you can take the leap with Casa Linda!
Pay Lower Grocery Bills
One of the hard-hitters for the average American family’s wallet is the grocery bill. Basic necessities like bread and eggs can cost over $5 USD per package, while in the DR, these items can be obtained for less than $2 per item. In fact, the grocery bill in the DR is 52% lower than in the United States. You can stock up on fresh fruits, vegetables, meat, and dairy products and save money rather than these foods being luxuries.
Say Goodbye to the Seasonal Wardrobe
American and Canadian residents know all too well the financial stress of the seasonal “shed” — storing away the spring and summer clothes while unpacking (and often re-purchasing) heavy coats, sweaters, boots and other winter wear. The necessity of two wardrobes can be costly when it comes time to replace everything, as good-quality winter coats and boots don’t come cheap.
However, you won’t need these expensive and heavy clothes in the DR. We enjoy summer weather all year round, allowing you to maintain simple wear like shorts, sundresses, and t-shirts in your closet. Rather than having to shop two to three times a year so you don’t bake or freeze in the alternating weather, our consistently sunny climate can help cut your clothing expenses in half.
Say Hello to Affordable Healthcare
The United States healthcare system is very expensive, making it difficult for many people to get the care they need. While American residents can spend tens of thousands of dollars on their healthcare treatments, expats can find affordable healthcare plans in the DR. On average, couples pay around $1,600 per year for their healthcare expenses. Expats who are U.S. Army veterans may also qualify for certain healthcare benefits that can lower their costs even further!
Enjoy Regular Nightlife
In the United States, it’s common for a standard night out with friends to cost over $100 USD, while events like concerts and festivals can drive up the expense even more. Regular nights out are very attainable in the DR. You can eat at nice restaurants, go to nightclubs, see local musical or dance performances, and more for a fairly low price.
Rather than the odd night out with friends, you can enjoy regular entertainment and recreation without breaking the bank!
Reap the Expat Benefits
The Dominican Republic government welcomes expats with open arms! To attract more North American interest in our country, expats who are retiring to the DR can qualify for a number of tax benefits, including exemption from taxes on their first property, pension, and customs duties and a 50% exemption from other property taxes. Talk about a warm welcome!
Lower Your Cost of Living in the Dominican Republic
If your expenses are piling high, lower your cost of living by moving to the Dominican Republic! Even property ownership can be within your reach for less than the average price of a home in North American countries. You can find a villa or townhouse in our Casa Linda community starting at just $199,700, allowing you to enjoy the good life without breaking the bank.
Visit our Villa Floor Plans & Prices page to learn more.
