Expat Advice: Financial Issues in Santo Domingo, Dominican Rep

What is the name of the city or town that you are reporting on?

Santo Domingo

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

Before retiring in Santo Domingo, expats should be aware of the cost of living, which is generally lower than in other parts of the world. It is important to research the local healthcare system and to ensure that adequate medical insurance is in place. Expats should also familiarize themselves with the local culture and customs, as well as the language, to ensure a smooth transition. Additionally, expats should research the local job market and the availability of recreational activities to ensure that they have plenty to do in their retirement.

William Russell
Get Quote

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
Get Quote