The woman and I are planning on relocating somewhere in the near future. I'm pushing the dominican republic as we are both 29 years old and cost of living is a very important factor.
I studied exercise physiology and opened a gym after college. My specialty was weight loss and lifestyle coaching.
My question is: does anyone believe there is an opportunity for either a personal training studio or inhome personal training in an area heavily populated with expats (reasonably priced, of course)?
Also, we would move down tomorrow, but we'd only have about $50,000 in cash. I have read lots about CDs and interest rates and we can wait a few years and come down with double that, but we're tired of being indentured servants to corporate america. How stable is the banking system for anyone that has experience with it?
I have a rental property which currently nets about $500. Would I need to sell it or is it easy to handle that from the DR (as far as depositing the rent and paying the mortgage)?
Any thoughts, suggestions are extremely welcome!
Regards,
-Jonathan
I studied exercise physiology and opened a gym after college. My specialty was weight loss and lifestyle coaching.
My question is: does anyone believe there is an opportunity for either a personal training studio or inhome personal training in an area heavily populated with expats (reasonably priced, of course)?
Also, we would move down tomorrow, but we'd only have about $50,000 in cash. I have read lots about CDs and interest rates and we can wait a few years and come down with double that, but we're tired of being indentured servants to corporate america. How stable is the banking system for anyone that has experience with it?
I have a rental property which currently nets about $500. Would I need to sell it or is it easy to handle that from the DR (as far as depositing the rent and paying the mortgage)?
Any thoughts, suggestions are extremely welcome!
Regards,
-Jonathan