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I decided to sign up with this insurance because my wife has it. I have never registered for any insurance in the DR, but it is my first time. In the U.S I do my physical periodically, I go to the vision, dermatologist, and sometimes urologist. but I don't how does it work in the DR. What have...

Yes, I agreed. I’ve been told that by family members. My only question is where would you gain more credit in a Dominican bank or a US bank. (Counting the country Tax policies)

You’re right. It’s not worth the risk. One reason I may have more than 10,000 USD in a foreign country is to gain more capital through a certificate of deposit. Now, imagine if you had the equivalent of 10,000 USD in Dominican Pesos and gaining 3% or 4% more in credit than in a U.S bank, would...

Ok so then, Who’s to say I am American and those rules Apply to me?. Im a Dominican citizen who’s renting a property and gaining capital through Rental property. Or just because I am using dollars I have to pay tue USA?

Hey chico quick question, now that you mentioned that. What would happen if instead of receiving money to an US account, I decided to receive it at a Dominican Bank that accepts U.S dollars? Would I still have to comply to that 10,000 rule?

Haha. I’d like to educate myself before making steps.

Hello Geovanny my sister is great at handling Airbnb and co-hosting. Currently she has two properties and we just purchased a third one which we’ll manage as well. She’d be interested. However we will need to meet and go over in details about this. Is your offer still available? Let me know, you...

I agree 100% with that. I can’t believe I have to plan myself whenever I am going out in SD.

Ok, so you did give your SS# but they don’t report to the IRS as far as you’ve experienced. I am also planning to open a certificate of deposit and put 1 Million pesos there. I guess for something like that I’d need to provide my Social Security.

Greetings my friends. My wife and I are Dominicans living in NYC. We decided to invest in Punta Cana, and purchase a home in Punta Cana. Our income is from the United States, and we need to provide taxes, pay stubs and all that stuff that proof we have legitimate income. Fine, we get it. But I...