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    Santo Domingo, Dominican Republic

    Dominican Republic: The Caribbean's Do-Everything Haven...

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        Arzobispo Merino street, santo domingo. Flag of the Dominican Republic on the wall of a building in the colonial zone
        AdobeStock/Bankerok

        Dominican Republic: The Caribbean's Do-Everything Haven...

        The Dominican Republis is a not-so-little island. And, Santo Domingo, it’s capital, offers and a long history of welcoming foreigners.

        Welcome to the Caribbean as it once was, priced as it used to be. The Dominican Republic offers you a rich, relaxing, and truly diverse lifestyle (even on a pensioner’s budget).

        Plus, recent infrastructural developments mean it has never been safer or easier for foreign retirees and investors to stake their claims.

        The final landing place in the New World for Christopher Columbus and his crew in 1493, today the Dominican Republic is a white-sand haven that is surrounded by warm turquoise waters and enjoys year-round sunshine. This affordable island paradise boasts not just beaches—both remote and resort—but also virgin jungle and mountain hideaways.

        The Dominican Republic is the Caribbean but so much more, a melting pot with an eclectic population and a diverse history informed by Afro-Antillean, European, North American, and Latin cultures.

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          Kathleen

          Reviewed By Kathleen Peddicord

          Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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            Table Of Contents

            One Of The Last Options For Affordable Caribbean Living

            This is also one of the most affordable spots in the whole of the Caribbean, a place where you could embrace a white-sand retirement even if your retirement nest egg is nothing more than a monthly Social Security check. If you can swing a travel budget, island-hopping around the Caribbean could be your new retirement hobby from this convenient base.

            Real estate prices are way less than you would pay elsewhere in the Caribbean.

            Also, cost of living in Santo Domingo is surprising low for an island. Flights from the United States are regular and reasonably priced.

            Click here for currency conversion at today’s exchange rate.

            The Best Residency Program In The World?

            The Dominican Republic makes establishing residency easy, and the country embraces—even rewards through incentives—foreign investors. In addition, residents can and do work here.

            The Dominican Republic residency program is as good as you can find anywhere. The process is simple and fast.

            The pensionado visa can be obtained in under two months and comes with tax benefits and other perks. It’s affordable too. If you can prove an income of more than US$1,500 per month, plus another US$250 per dependant, you qualify.

            There is also a clear path to permanent residency and even citizenship. The Dominican Republic allows you to hold two other additional citizenships. This is another reason why the Dominican Rpublic is becoming a very popular option for people looking to diversify their lifestyle.

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              Where To Live

              The extensive Zona Colonial, a UNESCO World Heritage site, offers countless Spanish-colonial buildings—interesting prospects for both investment and lifestyle—plus, it hasn’t yet become populated with expats like many of the typical colonial city options.

              From real estate to the general cost of living, it can be hard to believe you’re in the Caribbean when here. Prices across the board are more Latin American. You could live well in the DR on your monthly Social Security check alone.

              There certainly is no lack of entertainment in Santo Domingo, particularly in the Piantini district, which has several good malls, theaters, and fantastic restaurants. For the best sight-seeing, the Colonial Zone is not to be missed. 

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                Visiting Parque Colon is something residents never tire of, and you’ll find several galleries and small museums throughout the city.

                If you’re looking for upscale activities, Santo Domingo is home to the National Symphony Orchestra of the Dominican Republic (Orquesta Sinfónica Nacional), which hosts many events throughout the year.

                The two largest shopping malls in the Dominican Republic are located in Santo Domingo: Blue Mall and Agora Mall.

                Not to be missed is a meal at Pat’e Palo. The eatery was established in 1505 by a retired one-legged, one-eyed pirate and is located across a courtyard from the Columbus family home… it’s a truly unique Dominican experience.

                You should also take a jaunt to the Columbus Lighthouse, a fascinating structure said to contain the remains of Columbus. 

                The famous explorer was a voyager even in death; his remains were moved from Spain, to Santo Domingo, to Cuba, and before finally coming back to rest in Spain.

                Kathleen

                Reviewed By Kathleen Peddicord

                Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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                A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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                  Table Of Contents

                  Santo Domingo, Dominican Republic- FAQs

                  Be The First To Ask About Santo Domingo, Dominican Republic

                  Santo Domingo is known as the cultural center of the Dominican Republic. It is located in the southeast coast of the island of Hispaniola.

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