Hi folks,
I am an American, and my wife is a US citizen who lived in the DR for about
ten years.
We have kicked around the idea of leaving the US, and moving to the DR. My question is, theoretically, if you are receiving US$1,000 in rental income,
would that be enough to live on in the DR considering the current exchange
rate? What sort of tax implications would there be with the Dominican government if I only maintain residency for the first few years.
Thanks.
I am an American, and my wife is a US citizen who lived in the DR for about
ten years.
We have kicked around the idea of leaving the US, and moving to the DR. My question is, theoretically, if you are receiving US$1,000 in rental income,
would that be enough to live on in the DR considering the current exchange
rate? What sort of tax implications would there be with the Dominican government if I only maintain residency for the first few years.
Thanks.