Web Analytics Made Easy - Statcounter

Is Dominican Republic a tax haven?

17 maart 2021

Although the Dominican Republic is not considered a tax haven, it has a territorial tax system, which means you can live there tax free as long as your income comes from abroad (this also applies to businesses).

Second passports

Another attractive fact about the Dominican Republic is that after two years of residence, you can apply for a second passport and have dual citizenship. As long as you have been a good citizen, there should be no issues on obtaining your new passport. You can obtain your dominican pasport for around $10k to $15k plus the two years of residency.

The Dominican Republic lifestyle

The island is certainly a good place to live, specially for people with income from other countries. The capital Santo Domingo, is a modern cosmopolitan city with a colonial feeling to it and a fascinating culture. The Dominican Republic was colonised by the Spanish, and the Americans were responsible of its deveplopment. It is a very diverse country, in Santiago, on the north coast, there is a considerable jewish population and even parts where French and Italian is spoken.

Moving to the Dominican Republic

Surprisingly, the Dominican Republic is not amongst the most popular places to retire. This is actually beneficial, as it gives good value to real estate and obtaining your citizenship is quite easy. In short, making business can be as good as the weather!

You can follow us on Facebook and Instagram to stay up to date with our newest listings.

Categorieën: News

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Last items

  • Amazing and luxury apartment with opulence and breathtaking stunning view for sale in Santo domingo

    We are proud to present you this 5 star brand-new luxury 600 M2 apartment in Anacaona 27 At one of the higher levels in this spectacular building we offer this 600 M2 apartment with opulence and breathtaking stunning views for sale. Opening the massive wood XL main entrance door of your apartment brings you into…

    Lees verder »

  • Real Estate investment in Puerto Plata

    Many people are living on the rental income they receive by buying and renting out a house or apartment in Puerto Plata . It can be attractive to use your savings to buy a house or apartment in Puerto Plata  and rent it out but you have to be very careful when buying an apartment…

    Lees verder »

  • Real Estate investment in Cabarete

    Many people are living on the rental income they receive by buying and renting out a house or apartment in Cabarete. It can be attractive to use your savings to buy a house or apartment in Cabarete and rent it out but you have to be very careful when buying an apartment or a house,…

    Lees verder »

  • investing in Sosua

    Many people are living on the rental income they receive by buying and renting out a house or apartment in Sosua. It can be attractive to use your savings to buy a house or apartment in Sosua and rent it out but you have to be very careful when buying an apartment or a house,…

    Lees verder »

  • Investing in Bayahibe

    Many people are living on the rental income they receive by buying and renting out a house or apartment in Bayahibe. It can be attractive to use your savings to buy a house or apartment in Bayahibe and rent it out but you have to be very careful when buying an apartment or a house,…

    Lees verder »