Why You Should Consider Buying Your Dream Home In The Dominican Republic!
Have you ever thought about what it might be like to live in a warm tropical country? Would you like to escape the cold, harsh Canadian winters? Perhaps you would like to live in a country where your money goes much further…
I certainly have!
As an award winning real estate investor I have learned how to utilize my cash flow assets in Canada to fund my desired lifestyle in the Caribbean. In fact I am writing this blog from a beautiful ocean front condo in Cabarete, Dominican Republic. (Check out a few of the pics in this blog post)
I have researched and visited several great countries over the years and the country that makes the most sense for me is the Dominican Republic.
Let’s go over a few reasons why I feel the Dominican Republic is a great place to LIVE YOUR DREAM LIFE!
With its convenient location in the Carribean, a fast-developing infrastructure, and great tax incentives, the Dominican Republic is one of the best places in the Caribbean region to buy real estate and perhaps even start your own tropical business…
The government is committed to tourism growth. It recognizes the potential in its coastlines, its jungles, and its historic capital city. Its big agenda is “sustainable tourism,” and welcomes foreigners with open arms!
Forien investors are treated the same as local investors in the Dominicain Republic. ( With the exception of political rights) As a foreigner you can freely open a corporation and/or buy real estate in your own personal name.
Real estate prices in the Dominican Republic have been steadily increasing over the past few years. Even during Covid my realtor has been selling many homes, condos, villas, and development land to Canadians and Americans looking for a warm safe place to live and/or retire.
Even though real estate prices have gone up over the past several years the Dominican Republic still remains to be one of the most affordable Carribean islands to buy real estate.
PRICE:
For example, on the north coast of Dominican Republic you can buy a nice one bedroom condo for under $60,000 USD…
Or a nice 2 bedroom 2 bathroom villa for under $200,000 USD
And of course you can spend millions of dollars for a beautiful oceanfront mansion. These same properties in Ontario, Canada would cost 4 to 5 times more money.
LOCATION:
Another reason I feel the DR is a great spot to invest is that it has direct flights out of Canada and the USA all year long so it is very convenient if you need to return home or need to go back and forth for business like I do.
If you are flying out of Toronto airport it is a 4 hour direct flight and cost about $600 CAD. My recent flight was $622 all tax included for both ways…
And if you shop around I am sure you can get even better deals!
AMENITIES:
In the DR you will not go without. Unlike some other tropical islands DR has all the big brands you are custom to back home such as REMAX, McDonalds, Hooters, Ikea, etc etc…
You can do everything from relax on the beach drinking mojitos or you can party like a rockstar!
You can do everything from relax on the beach drinking mojitos or you can party like a Rockstar!
As they say life is what YOU MAKE IT!
QUESTION FOR YOU:
Would you like to learn more about investing in real estate in the Carribean? Specifically the Dominican Republic?
As an award winning real estate investor I have learned how to utilize my cash flow assets in Canada to fund my desired lifestyle in the Caribbean. In fact I am writing this blog from a beautiful ocean front condo in Cabarete, Dominican Republic. (Check out a few of the pics in this blog post)
Who knows perhaps we day we could be neighbours in the same beautiful, ocean front, gated community!
If so, please comment below or reach out to me personally with your questions so that I can help you build a lucrative real estate investment company that can fund your dream life in the Caribbean…
Until next time always remember " The More You C.A.R.E. The Less You Work"
Your real estate-based wealth coach,Jeff Woods
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