I think the way to get recidency through property investment is not by purchasing a home in your name but in a company and then you have to run it as a business and declare taxes each year regarding the property including rental income of course and there is I think still a 1% asset tax even if you have no income and there are other implications I think. You would need to deal with a Dominican tax accountant adding that to costs. I wanted to post this for some time as I hear this idea that you can buy a property and get residency. I don’t think its that simple. I am posting under real estate because in my opinion it really is just for experienced real estate investors and business people in general and the legal residence status is just an added bonus.