Getting pay in US$ or DR pesos?

jmiranda31

New member
Jun 25, 2009
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I am going to sto dom in the near future to work. should i request to get paid in US$ or dominican pesos?. I will be sending money to US very often I am afraid i get screw up with the USdollar VS Dominican pesos exchange.
Please advice.
 

Robert

Stay Frosty!
Jan 2, 1999
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dr1.com
The law here dictates that you receive your salary locally, but there's nothing that says you can't get paid for additional "consulting" work in the states.
I'm not sure, but if the firm is 100% legal in the DR and declares those wages, then they would be subject to a large tax, I believe up to 30%.

This is a loophole they closed a few years ago.

If the firm has offshore income and accounts, then getting around the local tax law is not a problem :)