we are planning to move to the DR, (cabarete) for a couple of years just to unwind.
we have 3 kids. 7,9,12. any idea on the living expenses, school,etc.
is $ 40,000 per year enough?
without being inside a gated community with all this expense and security.
It is very possible to live a quiet humble reserved lifestyle here and never have any issues. You do not need to pay 2,000 US per month.
$2000 per month/upward...are you crazy?Or, just a property owner trying to rip off a newbie?
Please be careful of people trying to take advantage of you. Do not compare prices to back home. New people often make the mistake thinking "oh, thats about the same price as back home, sounds good" WRONG!!!Other than technical items,ie: televisions, vehicles etc., things are cheaper here.
You can easily spend 2000/ month if you want a luxury villa and get ripped off,but, a nice house can be had for much less with a little investigating.
40,000USD is mucho dinero, 1,480,000RDS, I asked my friend at the bank if that was a lot and he nodded yes.
Afgan is partially correct, but that is if the OP wants to go all out. A nice,clean and safe place in DR from what I am hearing is La Vega.
If you want your money to go far. Live like a Dominican, and when I say that, I don't mean to live in a barrio (I heard the snickers already). I don't know who you are but eating a good, healthy Dominican diet, platano, aguacate, yuca, huevos, carne de pollo, name, yautia, papa, pan de agua, chocolate caliente, mucho jugo y mucha agua. These are super cheap and will decrease costs exponentially. The school situation? I don't know, I don't have any kids myself, but my cousin has three kids and they are all starting to go to college now and he seems like he's doing ok. My other cousins kids are also in private school and it's expensive for him but it doesn't seem to be breaking them either.
40,000 is good if you go partially native, so like AZB says take it easy....
Don't fritter your money away on too much eating out and you should see lotsa money saved in the bank. Then you can enjoy going to the natural parks which are not that expensive and many cases free.