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Cost of Living in the Dominican Republic: What to Prepare For

Cost of Living in the Dominican Republic: What to Prepare For

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.

dominican republic expat communities

Housing

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!

Healthcare

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!

Daily Necessities

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!

Cost Of Living In The Dominican Republic: What To Expect From Your Essentials

Cost Of Living In The Dominican Republic: What To Expect From Your Essentials

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.

dominican republic cost of living

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!

dominican republic lifestyle cost

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!