7 Cheapest Places In The Caribbean

7 CHEAPEST PLACES IN THE CARIBBEAN






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    7 CHEAPEST PLACES IN THE CARIBBEAN

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      Work In The Dominican Republic

      Work In The Dominican Republic

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          Work In The Dominican Republic

          To do business or work in the Dominican Republic will need to acquire a residency permit in order to do so legally in the country.

          There are several advantages to doing so apart from the obvious one of not being subject to deportation by immigration authorities.

          For one thing, legal residents are allowed to bring household goods (including computers, printers and other equipment that may be needed in the course of working) into the country duty-free.

          Most importantly, income and other tax exemptions available to legal residents.

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            You Need A Residency Permit

            Also, in order for Dominican-earned income to be excluded from your U.S. income tax obligations under the Foreign Earned Income Exclusion, you must be a legal resident of a country other than the United States.

            In short, having official residency goes a long way toward establishing your status as such under the bona fide residency test.

            Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

            Reviewed By Lief Simon

            Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

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              How To Obtain A Residency Permit

              Obtaining residency in the Dominican Republic is a relatively straightforward process but requires a significant amount of paperwork.

              Applicants should go for a temporary or provisional residence visa from a Dominican consulate abroad and then apply for a permanent residence permit with the Department of Migration in the country within 60 days of arriving.

              The provisional permit is valid for one year.

              So, after one year as a provisional resident, eligible applicants may apply for permanent residency.

              You’ll resubmit much of the same documentation as you did for the provisional card, plus sworn statements by two people who attest to knowing you in the Dominican Republic and that you’re a law-abiding person.

              The permanent residency permit is valid for two years. After two years of holding the permanent residency permit, you may apply for Dominican citizenship.

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                Work Requiring Internet

                If the work being done in the Dominican Republic requires reliable electricity and internet connectivity, be aware that the former is not great but the latter is better.

                Electricity In The Dominican Republic

                Electrical blackouts, brownouts and surges are common here.

                Most higher-end homes and offices are equipped with backup generators or power inverters that automatically fire up when the power goes out.

                Surge protectors for sensitive electronics are strongly recommended.

                Internet In The Dominican Republic

                On the other hand, internet service is good.

                Fixed-line broadband service penetration is low, but available in many areas of the country.

                For example, Tricom and Claro are the primary providers, and service is usually in the ranges of 30 -100 Mbps download and 5 – 10 Mbps upload speeds.

                And if you want to work in the Dominican Republic, wireless connectivity, even LTE speeds, is excellent. In fact, it’s among the best in Latin America.

                The country also is currently building a fiber-optic backbone network that should dramatically expand availability when complete.

                About 219 kilometers connecting Santo Domingo with Santiago and Puerto Plata in the north have already been installed and the government says it expect to complete the network within the next two years.

                Meanwhile, other pieces of infrastructure in the Dominican Republic are rapidly improving in order to encourage business development.

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                  Expats In The Dominican Republic

                  People who are drawn to the Caribbean Islands for the culture, weather, beaches, natural adventures, and friendly attitude, but deterred by high prices in many other places, look no further than the Dominican Republic.

                  Much of the expat activity in the Dominican Republic is focused on the Samana Peninsula, specifically the small fishing town Las Terrenas.

                  Once a hamlet and still largely unknown among North Americans, Las Terrenas was discovered in the 1970s by Europeans looking for an affordable Caribbean getaway.

                  Today, Las Terrenas is a vibrant international community with residents from all over the globe, including French, German, Polish, Swiss, Italian, Dutch, and British expats.

                  The eclectic population means you can find exotic food imports from Europe in the supermarkets, freshly made Swiss cheese and German sausage at the local shops, excellent international restaurants, and an active and mixed group of folks to welcome you to their well-established community.

                  To see the current exchange of the RD Peso click here.

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                    Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

                    Reviewed By Lief Simon

                    Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

                    Start Your New Overseas Life Today

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                      Table Of Contents

                      Work In The Dominican Republic- FAQs

                      The Dominican Republic is the Caribbean but so much more. It’s 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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                      BEST PLACES TO RETIRE 

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