What to Know About Working in the Dominican Republic
Are you planning to move to the Dominican Republic and hoping to maintain your ability to work while also enjoy the many perks of living in paradise? Whether you’re an entrepreneur hoping to take advantage of the lower operating costs, as well as the lower cost of living in the Dominican or simply wanting to keep occupied before entering full-time retirement, there are plenty of ways to make the most of the daily hustle and maintain a healthy working life abroad. Below, we’ll discuss some of the basic requirements needed to ensure that you are allowed to legally work in the DR without any complications. Read on to learn more!
While the Dominican is relatively accessible for foreign workers compared to many other countries, you will still need a business/work visa in order to legally conduct business within the country. There are two types of visas that allow you to do so: one that permits entry for 60 days or multiple entries for a one year period (up to a maximum of two months at a time), or a full- business visa. The latter is typically granted under a fixed-term contract and permits you to have much more freedom to do things like getting a driver’s license, opening a bank account and more. Applying for a visa is relatively straightforward, but you’ll want to ensure you have solid documentation ready to go including proof of your ability to support yourself while in the Dominican.
In addition to a work visa, you will also need a residency permit. In order to work in the DR for longer than a 2 month period of time, you must obtain a residency permit which gives you the same rights as Dominican citizens under the country’s national Labour Code. A residency permit registers you in the Social Security System and is also how you pay your taxes. A Residency visa can be renewed on a yearly basis for up to 4 years, after which you may apply for permanent residency. The residency process can be somewhat complex to maneuver, but with patience and a little guidance, fulfilling the relevant obligations is straight forward.
Written Contract of Work
Finally, in order to be hired for work in the DR, your employer must present a written contract of work documenting your contract terms, compensation, grounds for termination, and all other relevant details. This contract must be signed, and two copies must then be filed with the corresponding labour department.
Important to Note:
As you require residency in order to legally work in the Dominican, you will be taxed on your income, with rates coming in at about 15-25% on everything you earn. If you are externally employed this will be withheld and paid by your employers, but if you are self-employed and your income is Dominican-based, you must pay monthly taxes independently to avoid risking fines or a breach of contract. Additionally, your residence grants you the same labour rights as any Dominican citizen, including the right to unionize, strike, bargain, receive a minimum wage, specific health and safety regulations and more. Just like you should back home, it’s important to familiarize yourself with these rights to protect your best interests, and to be aware of them if you are a business owner that intends to hire staff within the Dominican.
Live the Life You’ve Always Wanted in the Dominican Republic
Whether you’re looking to build an empire or grow your savings for retirement, the Dominican Republic and a wonderful place to work and live. Contact Casa Linda today to learn more about relocating and building the perfect home in paradise!