Dominican Retirement Residency

DR becomes retiree paradise

With the approval and publication of Law 171-07 on Foreign Retirees, the Dominican Republic has become a paradise for people planning to retire to an idyllic setting.

Fast-tracked residency paperwork (45 days), duty-free household goods, reductions on motor vehicle taxes, exemption on transfer taxes for the first purchase of real estate, 50% reduction on taxes on mortgages, 50% reduction on the annual property tax, exemption on taxes on dividends and interest, 50% reduction on capital gains are just some of the attractions.

The minimum monthly income required is US$1,500 US for retirees with a government or private pension and US$2,000 in verified income from all others.

Interested? Please don’t hesitate to contact us! Our lawyers, notaries, and judicial interpreters are at your disposal.