Spain’s housing bubble, Greece’s debt crisis, and recession in Portugal resulted in drops in real estate values in those countries that carry on today (though Spain and Portugal are this side of their bottoms). Meantime, U.S. dollar buyers are benefitting from an uber-in-their-favor exchange rate between the greenback and the euro. Likewise, this is perhaps […]
Last week’s presidential elections in the Dominican Republic caused quite a stir… not only for locals but also for attendees at the conference I hosted in Santo Domingo. About a third of the conference-goers had pulled together all the paperwork necessary to be able to submit their residency applications while in the country for the […]
In my Monday dispatch, I reported on the option to qualify for residency in the Dominican Republic by making a US$200,000 investment in a CD in that country. A reader wrote yesterday asking for clarification. He was confused, because his Dominican attorney had assured him that he had to use a corporation to qualify for […]
If I were just starting out as an investor today, with little capital and an eye to converting that capital as quickly as possible into a diversified global property portfolio, where would I invest? That was one of the questions I was asked most often during last week’s Global Property Summit in Panama. My answer […]
Here are answers to frequently asked Dominican Republic questions to help you consider and process the investment, residency, citizenship, and other opportunities on offer in this sand-fringed jurisdiction… Q: Do you have to be a resident to open a bank account? A: No. Q: Is there a minimum deposit requirement when opening a bank account? […]