While the idea of moving to a foreign country in your golden years may feel a bit daunting, here are a few reasons why the DR is an idyllic retirement destination and how you can make your home here with Casa Linda!
Low Cost of Living
The high cost of living in the United States can be a stressor for new retirees who are relying on their pension and savings for income. Whether you choose to age in place or move to a retirement home, the high cost of groceries, utilities, transport, and more can really add up. The cost of living in the Dominican Republic, however, is 69% cheaper than in your home country!
In the DR, a single person can comfortably live on $800 to $1,200 per month! Activities like dining out and attending events can be enjoyed regularly, and you can shop for healthy, fresh, organic foods in the market without breaking your budget.
Tax Benefits
If you’re of retirement age, you may be entitled to certain tax breaks as an American retiree! Property owners 65 and older who own one property and use it as their primary residence are exempt from paying Real Estate Property Tax. In other words, your Casa Linda villa will be property tax-free!
Your social security and pensions are also not taxable in the DR, allowing you to enjoy even more of your hard-earned money.
(Note that there is no tax treaty between the United States and the Dominican Republic, which may require you to pay taxes for financial investments, stocks, etc, in both countries. Work with a financial advisor to learn your tax implications as a US citizen taking up residence in the DR.)
Accessible Healthcare
The Dominican Republic has an excellent healthcare system that is very affordable! There are several reputable clinics in Cabarete, Sosua, and Puerto Plata where you can receive top-notch care.
If you’re an army veteran, your healthcare benefits are fully transferable to the DR, allowing you to get treatments like chiropractic, massage therapy, psychotherapy, and more covered by the US government!
Simple Visa Application Process
Retiring to the Dominican Republic from the US requires a Visa, and fortunately, the application process is fairly simple, especially for retirees!
As a retired individual, you can skip the usual temporary residency status and apply for permanent residency, as long as you can prove access to a monthly pension of $1,500 per month. The earliest you can be approved is within 45 days of your application!
(You can find more information on how to move to the DR by visiting our Residency page.)
Resort-Style Amenities in a Community of Expats
Many retirees like the idea of a retirement home for the amenities, but don’t love the reality of apartment-style living, lack of privacy, and high monthly fees. At Casa Linda, you get access to amenities without sacrificing your personal space!
Purchasing a villa in our closed community provides a private home, a fully landscaped yard, and your very own inground pool. All of our residents get access to community amenities, from housekeeping to yard maintenance.
Once you choose from one of our floor plans, you can customize it to suit your needs, including age-in-place features like wheelchair ramps, handrails, shower rails, raised dishwashers, widened entryways, and more. We also have 24-hour security throughout our community, so your loved ones back home can rest assured that your safety is our priority!
Retire to the Dominican Republic with Casa Linda
If you want to retire in style, the Dominican Republic and your very own luxury villa are waiting for you! Partner with our team at Casa Linda to gain the retirement experience of your dreams, and spend your golden years with the sun, sand, and surf!
Contact us today to learn more about our floor plans and prices.
