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Thread: Saving money

  1. #1
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    Default Saving money

    Say, you cannot use an offroad institution and it needs to be inside the DR.

    What would you do when you have for example 2000 USD a month to invest / save?

  2. #2
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    I am only interested in what the big banks have to offer not some shady company / institution in a shack in Puerto Plata or such...

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    Quote Originally Posted by caribmike View Post
    I am only interested in what the big banks have to offer not some shady company / institution in a shack in Puerto Plata or such...
    IN $$$ or pesos?? Where is the money coming from?

  4. #4
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    USD.

    The money is legal and documented. It is part of my income.

  5. #5
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    USD government issued bonds?

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    I am German, not sure if I would be allowed to those and no idea how to get them and how to sell them one day when I need cash? And do they not ask for a SSN for every little sh*t?

    And, errm US government... not sure if I trust it more than a Dominican Bank at the moment...

  7. #7
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    Inversiones Popular
    Inversiones Santa Cruz
    BHD Fondos
    BHD Leon Puestode Bolsa

    most banks offer these... so you would just need to contact them. I guess it's not your regular teller who you need to speak to.

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    Quote Originally Posted by caribmike View Post
    I am German, not sure if I would be allowed to those and no idea how to get them and how to sell them one day when I need cash? And do they not ask for a SSN for every little sh*t?

    And, errm US government... not sure if I trust it more than a Dominican Bank at the moment...

    I meant DR government issued bonds denominated in USD

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  11. #9
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    How would I get them? Talking to my rep at BPD or BHD? NM saw it in your other post.

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    Quote Originally Posted by caribmike View Post
    How would I get them? Talking to my rep at BPD or BHD? NM saw it in your other post.
    They have their own web pages, if you search google. There are contact channels there.

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