DR Fast-Track Residency Program
No such thing as "fast track residency" that I have ever heard of. Be careful as there is a bit of fraud involving the residency process. Heard of people paying a lot of money and getting nothing.
There is a Fast track residency program in place in the Dominican Republic. The 45 day period begins after the filing has been made, which can only be done after the medical tests have been taken (as any other regular residency process).
Guzman Ariza is currently assisting clients who are in the process of obtaining their residency through the fast track program described below.
According to Special Incentives to Retirees and "Rentistas" Law No.171-07, foreign individuals with income derived from a non-Dominican source that match either of the two descriptions below will be allowed to obtain their provisional Dominican residency in 45 days and receive certain customs and tax exemptions:
Retiree: Foreign or Dominican individual, who receives a minimum monthly income of US$1,500 (or its equivalent in $DR), derived from a pension or retirement income from a foreign source (government, official organizations or foreign companies) who is interested in permanently relocating his residency to the Dominican Republic and will thereon receive the benefits of his pension or retirement income in the country.
Rentista: Foreign individual who receives a minimum fixed monthly income of US$2,000 (or its equivalent in $DR), derived from a foreign source, created by one of the following:
a. Deposits and/or investments in banks abroad;
b. Remittances from banks or financial institutions abroad;
c. Investments in foreign companies established abroad;
d. Remittances derived from real estate properties;
e. Interest derived from securities issued in foreign currency abroad, which are deposited at financial institutions legally authorized to operate in the Dominican Republic;
f. Profits realized from investments in securities issued in foreign and/or national currency by the Dominican Government or its institutions. The source of the invested capital must be from abroad and the currency exchange needs to be performed locally at any Dominican financial institution;
g. Interest, income or dividends derived from investments (or real estate transactions) performed in the Dominican Republic, whose principal amount have been generated or earned broad.
The applicant?s spouse and unmarried children up to 18 years old, as well as adults with disabilities or adults who are able to give proof of being college students and economically dependant on the main applicant, can also apply for this program as dependants. In addition, children under 18 years old are included as dependants when the applicant or his/her spouse is the legal guardian of the child.
Each dependant who applies jointly with the main applicant, an additional monthly income of US$250 (or its equivalent in local currency) would be needed.
Documents required to apply for the Fast Track Residency Program are:
1. Completed application forms, duly signed by the representative of the foreign company/institution or government entity.
2. Passport (one complete photocopy), valid for a minimum of 3 months. It must show the date of the applicant?s last visit to the Dominican Republic. It is required a Certification issued by the Department of Certifications of the Dominican Immigration Department stating the day of the last entrance.
3. Original of the birth certificate duly authenticated at the nearest Dominican Consulate of the country of origin of the applicant, or apostilled if the country in question is a signatory of the Hague Convention regarding the Apostille.If the document is in another language than Spanish, a translation into Spanish must be provided duly authenticated at the nearest Dominican Consulate or apostilled if the country in question is a signatory of the Hague Convention regarding the Apostille. When authenticated at the Dominican Consulate, these documents must be later authenticated at the Ministry of Foreign Affairs of the Dominican Republic in Santo Domingo. If the country of origin of the applicant only issues one original birth certificate, then a true copy must be provided by the applicant.
4. When the foreign applicant is a ?rentista?, they are required to provide a document that confirms the registration of their foreign investment in the Dominican Republic. This requirement varies depending on their type of investment, as follows:
a) Direct investment: the applicant must show the original or the request of registration of the investment, issued by the Center for Exports and Imports of the Dominican Republic (CEI-RD) or the pertinent institution in the Dominican Republic.
b) Free Zones: the applicant must provide the certification issued by the National Council of Free Zone of Exporting (CNZFE), stating that the company is operating as a free zone.
c) For companies domiciled in the country undertaking, promoting or investing in touristic destinations and/or provinces and/or municipalities in accordance with special tourism incentive laws, such as Law #158-01, or are hired by the Dominican Government, the applicant must provide either a. an original of the approval by the Executive or the Executive decree that authorizes them to operate, b. the resolution given by the corresponding Dominican government entity which is doing the project or, c. a document that certifies the approval of the contract by the Dominican Congress; as long as it mentions the project and the parties involved. It will only be required one certification per company.
Retirees must provide a certification issued by the government, official organization or private foreign company, where they have worked, duly authenticated by the nearest Dominican Consulate of the country of origin and at the Ministry of Foreign Affairs of the Dominican Republic (Canciller?a), in Santo Domingo. Its translation into Spanish must also undergo the same authentication process. This document shall contain the personal information of the applicant, time worked in the institution, his/her position in the company and total amount of the monthly income received as a pension or retirement income.
Rentistas must provide the documentation that confirms that they have received a stable and permanent monthly income derived from a foreign source, for a minimum period of five (5) years. This document can be a copy of the fixed income contract/certificate of deposit, translated into Spanish and duly authenticated by the nearest Dominican Consulate of the country of origin and at the Ministry of Foreign Affairs of the Dominican Republic or apostilled if the country in question is a signatory of the Hague Convention regarding the Apostille. The translation into Spanish also must be authenticated or Apostilled, depending the case. In addition, rentistas are required to show the receipts that show that they are currently receiving this income in the Dominican Republic, by way of copies of the checks and/or wire transfers receipts issued by the foreign bank institutions abroad from where the funds are transferred periodically.
5. All applicants 16 years of age and up are also required to obtain a Certificate of good behavior issued by the local Dominican authorities. If the applicant has less than 30 days in the country, the certificate of good behavior must be issued by the appropriate authorities of the country of the applicant?s last residency, duly translated into Spanish (if needed) and authenticated at the nearest Dominican Consulate of the country of origin of the applicant and at the Ministry of Foreign Affairs of the Dominican Republic (Canciller?a), in Santo Domingo, or apostilled if the country in question is a signatory of the Hague Convention regarding the Apostille. This document is only valid for a 30 days period.
6. Medical Exam (blood sample, urine sample and chest x-rays) at a government-designated clinic. The Immigration Department requires that these tests be preauthorized. Once the authorization has been granted the medical appointment can be scheduled for the following business day. Usually, the tests will take approximately four hours, including waiting and travel time.
7. Pictures: Applicant and dependants over 16 years of age are required to file nine (9) 2" x 2" pictures: 6 front pictures and 3 right profile; white background is required and accessories such as earrings or sunglasses not allowed. For children under 16, five (5) 2" x 2" pictures are required: 3 front and 2 right profile, background is required and accessories such as earrings or sunglasses not allowed.
8. A certificate of no criminal record from the authorities in the applicant?s country of origin or, if the applicant has been residing outside his country of origin for five years or more, from the authorities in the applicant?s country of residence. The certificate should be apostilled in the country where it was issued or authenticated at the nearest Dominican Consulate.
9. If the applicant is a shareholder of a Dominican company, he/she shall provide an original of the resolution from the Administration Council (Consejo de Administraci?n) of the company, certifying the status of the applicant as a shareholder of the company, duly legalized by a Notary Public and authenticated at the General Attorney?s Office.
10. If the applicant is an employee of a Dominican company, he/she shall provide an original copy of his/her Employment Agreement, duly registered at the Labor Department and a letter signed by the employer, legalized by a Notary Public and legalized at the General Attorney?s Office, stating the personal information of the applicant, his/her position in the company and date of entrance and salary. If the Employment Agreement comes from abroad, it must be translated into Spanish (if needed) and authenticated at the nearest Dominican Consulate and at the Ministry of Foreign Affairs of the Dominican Republic in Santo Domingo.
11. If one of the dependants is economically dependant on the main applicant (domestic employee, individual person subject to guardianship, children of 18 years of age or more), a letter needs to be provided and signed by the main applicant, stating the condition of the dependant and must specify that he/she is responsible for expenses and repatriation costs, if needed.
When the application includes the spouse and children (under legal age), all documents listed in paragraphs 1,2,3,4,5,6 and 7 above, must be provided. In addition, it is required an original of the marriage certificate (and its translation into Spanish if needed) authenticated at the nearest Dominican Consulate and at the Ministry of Foreign Affairs of the Dominican Republic in Santo Domingo, or apostilled if the country in question is a signatory of the Hague Convention regarding the Apostille.