Have ever walked in some barrios in SD like Chino de Barrio are you telling some of these place that sell socks, shirts and other apparel started with 20,000USD. Man get of your Dominican High horse!! If really want to know whats up in DR 80% of the items you see is BOOTLEG, KNOCK OFFS,. I saw a young woman walking down the street with a Coach purse that cost my sister around 800USD and your telling me a large percent of DR women can afford a Coach?
If you want a Business to be successful in DR sell knockoffs and watch how you business grow.
The Dominican Republic is not a wise place to start a business, but I will never tell a person that he or she will fail FROM THE SIDELINE based soley on a couple of lines a person written on the web.
BTW A lot of you not all, but a lot seem very UNHAPPY, and I can't understand because " Its another day in Paradise" like Mr Collins sang about. If Pitt said he had 4,000,0000USD to invest many of you would reply and say he needs 8,000,000USD, or he has to pay half of that to the mafia so they won't burn his place down.
Everytime a person even hints on starting a business in DR they become targets, your business will fail, your stupid, or you need much more money.
If some of you think the DR economy will be much better in 2022 DREAM ON!!! DR needs all the help they can.
People run homes off car battries
People make 300 A MONTH
Some of the police cars look like they have been 5 or more accidents.
At least 1 billion USD comes to DR every year by way of friend and family wiring money.
And your telling me a person can't start a business 20,000USD How long will it take a Dominican Family to make 20,000USD.
So, a knockoff of a knockoff store? Is your plan? Dominicans will buy socks from a gringo in a mall that they wouldn't buy from the Dominican walking around with bags of socks?
Interesting.
Sounds more like you're upset about people having their dreams dashed. Which I fully understand.
When I have a conversation with a prospective law student, the discussion is usually a sobering one.
-You will not get all As, but will acquire substantial debt.
-There is no guarantee of getting a good job, and you may very well find yourself grossly underemployed, as fewer lawyers are out-and-out retiring these days.
-You're most likely NOT going to end up on the Supreme Court, or any court for that matter. ---Nor will you likely ever argue "the big case."
-Chances are, you'll do divorces and breach of contract matters before a judge who, in all actuality, hasn't really reviewed the case ahead of time, and is likely not paying super close attention to what you're saying.
-If you do get a good paying job, you'll work obscene hours doing unfulfilling and sometimes distasteful work, and dreaming of moving to a tropical paradise.
The list goes on, and I really like what I do.
My purpose to writing the above is to state that, IMHO, just as those of us who have been in the field have a responsibility to apprise prospective lawyers of what they're getting into, those who have real-world biz experience should share that experience with newcomers.
And successful operators sharing good experience is certainly not gonna be all sunshine and flowers.
Sorry, but anyone who can't handle that reality probably just needs to keep working for someone else, and coming down a few times a year.