subject: Retire in Dominican Republic - And Discover Paradise at an Affordable Price Tag [print this page] Retire in Dominican Republic - And Discover Paradise at an Affordable Price Tag
Snuggled amid flourishing valleys and meandering rivers, the Dominican Republic is much cheaper than any beach-side spot in the United States.
If you are on a budget, the best place to retire in the Dominican Republic is Samana Peninsula.
A one-bedroom rental a few blocks from the beach costs about half as much as the ritzier spots such as Punta Cana and La Romana.
Samana Peninsula boasts an established expatriate community with plenty of goods and services from back home.
Discover the beauty and old world feel of Las Galeras or the Mediterranean-style region of Las Terrenas.
An International Airport located in El Catey puts you within a short distance to most Samana destinations.
The cream of the crop in Dominican Republic comes with a higher price tag. In the more popular areas like Punta Cana and Bavaro, Puerto Plata and La Romana, you will be surrounded by beauty and luxurious perks. These spots are for retirees with a heftier wallet.
Establishing Residency in Dominican Republic
90 Day Period tourist Card: The amount of time you are allowed to stay without a penalty.
Provisional Residency: Granted for a year and can be obtained in 4-6 months.
Permanent Residency: Can be obtained in 18 months and granted 2-3 months after filing.
Health Care Overseas
Most prescription medications are available over the counter. Private clinics are available to expatriates for an affordable fee. A day at the hospital will run you under $75.
Cost of Living in Dominican Republic
Property taxes are 1% over $140,000. And condos usually include homeowner association fees.
Butane gas is the fuel of choice. Used for cooking, it runs about $15.00 a month.
Air conditioning is a necessity. Figure on spending about $180 a month. It is money well spent. You can easily save on other things.
Local meats and all the produce you can eat cost about $80 a week. French bread, Italian sausages and most U.S. brands are available at a higher price.
All the amenities you are accustomed to are on hand, from local eateries to 5-star restaurants, as well as cable TV and reliable high-speed Internet for much less than what you pay back home.
Live-in help is easily available for less than $45 a week.
If you are on a budget and dream of retiring in the Caribbean then retire in Dominican Republic. It is a mere two hours by plane from the U.S. with a killer view. Just remember to steer clear of the touristy areas which are crowded and expensive.
Get more information and tips for Overseas Retirement in the free online guide at http://Your-Retirement-Paradise.com/
