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  1. #1
    Newbie
    Join Date
    Oct 2003
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    3
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    Cool ThE BiG MoVe...Should I?

    Hello to all! I'm a brand new forum user and I would just like some advice on my possible move to the DR. I am the owner of an internet business (www.00fun.com), and looking to get away from the country I was born and raised in. My entire family is from the Dominican Republic so family and friends will not be a problem. I just want to know what bank accounts will yield the best interest rates, being that I would most likely live off them and my business. I know there are alot of expenses involved with living comfortably, but what am I really getting into? lol..any advice would be greatly appreciated.

    By the way, I have been silently observing the forums for days now and let me just say that it feels like you guys are very tight community, almost like a family! This is the web at its best.


    NyCeWon
    23 years and I still havent found my home

  2. #2
    Platinum
    Join Date
    Jan 2002
    Posts
    12,271
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    Default

    There is a lot in the archives about living off investments, including this thread that was started a few days ago http://www.dr1.com/forums/showthread...ht=investments

  3. #3
    Bronze
    Join Date
    Jul 2002
    Posts
    1,944
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    Default

    With the amount of traffic you get to your site, you should not need local investments!! Living in the DR is cheap, and internet businesses can be very profitable.

  4. #4
    Newbie
    Join Date
    Oct 2003
    Posts
    3
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    Cool .....

    yeSS but dont let the high traffic fool you lol..my site consists of selling advertising and allowing users to send free electronic greetings..its not a million dollar a year operation. Thanks for the feedback and I will definately check the thread on 'living off investments'

    nycewon
    www.00fun.com founder

  5. #5
    Grande Pollo en Boca Chica
    Join Date
    Jan 2002
    Posts
    4,796
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    Default Find another country for the $$$

    Originally posted by Nycewon
    I just want to know what bank accounts will yield the best interest rates, being that I would most likely live off them and my business.
    Don't put your life savings in the DR. If you need to get it out of where you live try Cayman, or Bahamas using Private Banking if you have enough.

  6. #6
    Regular
    Join Date
    Oct 2003
    Posts
    129
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    Default why not?

    you have family and friends there? lucky you, atleast you have people who can help. im new here too, and i lost my heart to the dr 2 years ago, i cant move as i have kids, but all the best to you. do it, life is all about making the best memories, and you will be fine. you can always move back. cheri

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