The future of Sosua
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True - this Covid has collapsed a lot of getaway dreams.
Many businesses will never recover and ask yourself would you want to invest (buy property) in Sosua knowing that you could be stuck after the next fabricated pandemic comes - when your lifestyle was supposed to allow you to periodically return to your original country to see family, friends or attend to other business ?
I think being able to evacuate in a pack suitcase and run will be the modus operandi going forward for expats and a pricey automobile or a large villa or condo, with significant monthly maintenance fees, definitely is something that could keep you stuck 'in Paradise Island" longer than you care to stay or represent a loss of your retirement nest egg. Many eggs have made omelettes here.
Of the businesses that have closed and owners left, and I know of two restaurant/bars for certain - who is going to come to invest and reopen those shuttered facilities ?
I applaud the business that remain and are surviving, but you would have to be an absolute moron to come into the DR as an expat and think you were going to reinvent the wheel and make a good living with a bar or restaurant - you would likely make less than a decent looking street chica
Where you going to park it ?
A small Hot dog or Riki cart (love Rikis) would have a higher return on investment, percentage wise, and be easier to off load when you decide you had enough
Nice to see you joined the social media word of the day club......not very original, and also childish
I think they've been trying that for the last few years. PC will be overrun by families spending big $$. Any day now.... any day....
Thought you were ready to take the plunge as a street chef. The food trucks are a staple in many US cities, mostly Mexican
Discussed before, but I'll repeat it. Nobody ever said it was going to ever be a family destination. That was invented by some to make light of the whole thing and their belief that change could never come to the North Coast.
Here's the facts - Baby Boomers make up about 70% of all expendable income in North America. They hold two and half trillion dollars in spending power. Read that a couple times and let it sink in. There are investors that want a piece of that pie. And Miami to POP is a two hour flight.
It is ludicrous to think a few santiago sisters busing into Sosua could ever stop that kind of development.
Healthcare and access to health insurance after 65 is the stumbling block. Baby boomers will not come en mass until those issues are addressed. Healthcare is a joke in the area.
that's exactly what was being suggested or intimated. Transformation into some type of family or ex-pat retirement utopia. Ain't gonna happen in the foreseeable future . I like it the way it is, if they could just fix up the infrastructure a tad.
At least Boca Chica has some good restaurants by the water. People drive out from the capital. I don’t know how good Sosua is with restaurants.
Well said.And to think for just a little more time they can come by yacht.
Punta Cana is not an expat retirement model. When you say Samaná, where? Don't know much about JD other than you don't see much about it anymore, much like BC. I know of some locals from wealthy families that have weekend homes in JD.
I thought part of Punta Cana was retirement. Although in some cases it looks more like Florida and maybe attracts more higher middle and wealthy Dominicans and Latin Americans. With Samana I guess its just Las Terrenas or mainly around there. JD you are right has died down a bit again maybe more for Dominicans who can afford it but has the attraction of being close to capital and airport. Talking about Sosua and North Coast hasn’t Puerto Plata got some of that business
"yacht" surely you jest. yea ...Right after a Range Rover dealershipWell said.And to think for just a little more time they can come by yacht.
I stand corrected and I'm not disputing the demographics, but retirees ... I just don't see it. You might as well go to other east side of Puerto Plata. Or, pick a tamer country.
Some folks call casa Linda a retirement utopia. Some would say LT, and maybe less will think of PC. I think LT, also based on what you've mentioned, is an excellent choice. We already know the CL legacy
Adding here we need to remember most of this demographic no peaky panee and major deficit of cultural knowledge.
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