Hello to all, my husband and I are seriously considering moving to DR, after many years of traveling to the DR. We are both in our mid forties, and would like to ask your expertise as residence of DR if the following is possible with a modest pocket book, also any suggestions and advice would be greatly appreciated.
1: purchase house/villa for permanent residence. cabarete/sousa/costambar/cabrera...(at the least ocean view, and beach within close proximity.)
2. purchase house/villa for rental income for vacationers,
in the same area as permanent residence.
3. Is is wiser to leave long term investments in our home country, and only invest monies needed for living expenses.. ie: to live on interest money / pesos..from the dominican bank...and how ?
If you care to share, what are your personal experience and successes, in the above mentioned 1.2.3. and any other related advice would be greatly appreciated. Thank You.
1: purchase house/villa for permanent residence. cabarete/sousa/costambar/cabrera...(at the least ocean view, and beach within close proximity.)
2. purchase house/villa for rental income for vacationers,
in the same area as permanent residence.
3. Is is wiser to leave long term investments in our home country, and only invest monies needed for living expenses.. ie: to live on interest money / pesos..from the dominican bank...and how ?
If you care to share, what are your personal experience and successes, in the above mentioned 1.2.3. and any other related advice would be greatly appreciated. Thank You.