How difficult is it to open a small business in the DR for an expat? Do you need to be a permanent resident?
My plan would be a small business that would be a one man operation (me). I currently run a part-time service business installation of audio/video/surveillance equipment in the states. My wife and I are going to live in the DR on a semi-permanent basis in a couple years when we retire and I wanted to work part-time to help defray expenses.
My plan would be a small business that would be a one man operation (me). I currently run a part-time service business installation of audio/video/surveillance equipment in the states. My wife and I are going to live in the DR on a semi-permanent basis in a couple years when we retire and I wanted to work part-time to help defray expenses.
That's a great question that I've thought about. We plan on purchasing something in Cocotal and I would like to focus on serving U.S. and Canadian homeowners since my Spanish is not great. I know there are plenty homeowners from the states at Cocotal and I'm just guessing they may feel more comfortable working with someone from the states. At least that was my thought, but I could be wrong. My first step was to try to get a mailing list of all Cocotal property owners, but I'm not sure how easy that would be. That's how I've done my market research in the States.
Just start is my advice. If it Goes well you think about paperwork.
My plan would be a small business that would be a one man operation (me). I currently run a part-time service business installation of audio/video/surveillance equipment in the states. My wife and I are going to live in the DR on a semi-permanent basis in a couple years when we retire and I wanted to work part-time to help defray expenses.
That's a great question that I've thought about. We plan on purchasing something in Cocotal and I would like to focus on serving U.S. and Canadian homeowners since my Spanish is not great. I know there are plenty homeowners from the states at Cocotal and I'm just guessing they may feel more comfortable working with someone from the states. At least that was my thought, but I could be wrong. My first step was to try to get a mailing list of all Cocotal property owners, but I'm not sure how easy that would be. That's how I've done my market research in the States.
Well Windeguy, if their would be an american or European electrician, a/c fixer, plumber would be happy to pay double the price. I finished finally an appartment but what a head-ache they give you.
Well Windeguy, if their would be an american or European electrician, a/c fixer, plumber would be happy to pay double the price. I finished finally an appartment but what a head-ache they give you.
dgualin, you have to have temporary residency to be able to work legally in the DR. This process starts in your home country with documents submitted to the DR Consulate and then continues in the DR (is very costly and time consuming nor does it guarantee you will qualify) If you are planning on living in the DR for only part of the year than opening a small business is not a good idea. Absolutely NOT A GOOD IDEA!
Better yet.... why don't you just forget about living out your dream one day and just stay home?