Hi,
Hubby and I have decided that we have had enough of the UK and want to move abroad and are currently considering DR having had a number of hols there. We will of course have to do a lot more homework before we finally decide and of course visit the country again but we would appreciate it if you could provide some insight into living in DR.
Firstly, I understand from previous posts that obtaining residency is a relatively easy thing to do and we need to have some money either in a bank account or purchase a property - is there a minimum amount needed here?
Secondly, could we live on ?500 ($850) a month assuming that we have no rent/mortgage?
Thirdly, we are planning on selling our main house in the UK and using the spare cash to buy two houses in DR; one to live in and one to rent to supplement our above income. Are rentals good in DR? Should we perhaps consider a B&B instead?
Finally, what are your views on the pros and cons of living in the DR - some honest feedback would be appreciated.
We are both in our early 30's and really really want to get out of the rat race here in the UK and from what we have read so far, it looks possible. However, we do appreciate that things are not always what they seem so any direct advice would be great.
Thanks.
Kirsti
Hubby and I have decided that we have had enough of the UK and want to move abroad and are currently considering DR having had a number of hols there. We will of course have to do a lot more homework before we finally decide and of course visit the country again but we would appreciate it if you could provide some insight into living in DR.
Firstly, I understand from previous posts that obtaining residency is a relatively easy thing to do and we need to have some money either in a bank account or purchase a property - is there a minimum amount needed here?
Secondly, could we live on ?500 ($850) a month assuming that we have no rent/mortgage?
Thirdly, we are planning on selling our main house in the UK and using the spare cash to buy two houses in DR; one to live in and one to rent to supplement our above income. Are rentals good in DR? Should we perhaps consider a B&B instead?
Finally, what are your views on the pros and cons of living in the DR - some honest feedback would be appreciated.
We are both in our early 30's and really really want to get out of the rat race here in the UK and from what we have read so far, it looks possible. However, we do appreciate that things are not always what they seem so any direct advice would be great.
Thanks.
Kirsti