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retire in DR

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nui212
  8/25/2011 23:26 EST

I am looking for a place to retire with my husband. I want to know the cost of living and the real estate price in DR. Can foreigner own property in DR? We have a teenage daughter, schooling is a concern too, are there any good high school and university? Health care?

thanks

Renero
  8/26/2011 21:20 EST

Here is a good website. You can own property, but electricity is not on for 24 hours and should bring a mosquito net.

http://dr1.com/index.php

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ImmigrationExpertsDR
  12/26/2011 16:59 EST

Own property?? Is there a place in the world where they stop you from buying property because you're a foreigner? You can own any properties you can afford, and Dominican Republic's economic principle is complete freedom of commerce, so it doesn't matter where you are from, you can set up a company for your business if you desire, or just buy every building you can afford.
You will need to obtain residency papers for the following reasons:
1. If you want to legally work for someone else, (no strong company will hire you without papers), this doesn't mean you can't do informal jobs.
2. You want to drive a car in DR. You drive license has a validity of 90 days, so you will need to get a Dominican Driving license, for this you need residency.
3. Don't have to pay overstay fines at airport, which means you can come and go free of charge.
4. Once you obtain Residency you are making time towards your new Dominican Nationality. (DR ACCEPTS MULTIPLE NATIONALITY, LIKE MOST COUNTRIES IN THE WORLD)
5. Cheaper health insurance.

Cost of living varies, depends on how you want to live.

The best Schools are private (forget about public schools) Carol Morgan, Americas Bi cultural School, New Horizons, Dominico Americano. They are English language schools, and they cost more than most private schools in USA.
Normal Spanish Private Schools are affordable, and some are excellent centery old schools like: Loyola, La Salle, Don Bosco, San Juan Bautista, Colegio Santo Domingo, and Calasanz.
University most are excellent, but not Oxford.
Best Universities are: UNIBE, PUCMM, Universidad Catolica de Santo Domingo, and INTEC.
If there is a possibility your daughter will be going to University here, they get your immigration papers in order from the moment you get here, that way, she'll have Dominican Nationality by the time University Begins. University is very expensive here for foreigners, and very cheap for nationals. Any more queries,
check us out at www.ImmigrationExpertsDR.com

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