As a part of my planning a future move to the DR I have been thinking alot about the importance of having a means of income seperate and apart from that which I have now. I am a long way away from retiring, so, unlike some people who are already at retirement age, I would not feel comfortable relying on interest income prior to retiring.
With the exception of Real Estate, there seems, literally, to be no investment opportunities available in the DR. It seems many people who have expressed interest in moving to the DR intend/expect to open some type of business that already exists there, i.e., bar, restaurant, etc. I recall reading in another thread recently someone mention the problem that many people who move to the DR have in being succesful there, businesswise, is because they open up businesses that already exist and have to compete with an already strained market, and eventually go out of business.
My question for anyone who might care to respond is--what type of business would you choose to pursue in the DR if you had the money to fund it? I'm talking about something unique, not something to compete with the local grocery store or bar.
BTW, I'm not looking to steal anyone's ideas, as my intent is to get into RE, which seems to be a more sound and plausible investment. I've just been curious about it. If anyone is reluctant to share, I would certainly understand why.
With the exception of Real Estate, there seems, literally, to be no investment opportunities available in the DR. It seems many people who have expressed interest in moving to the DR intend/expect to open some type of business that already exists there, i.e., bar, restaurant, etc. I recall reading in another thread recently someone mention the problem that many people who move to the DR have in being succesful there, businesswise, is because they open up businesses that already exist and have to compete with an already strained market, and eventually go out of business.
My question for anyone who might care to respond is--what type of business would you choose to pursue in the DR if you had the money to fund it? I'm talking about something unique, not something to compete with the local grocery store or bar.
BTW, I'm not looking to steal anyone's ideas, as my intent is to get into RE, which seems to be a more sound and plausible investment. I've just been curious about it. If anyone is reluctant to share, I would certainly understand why.