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 Republic is becoming a very popular option for people looking to diversify their lifestyle. 

What sets this country apart from other Caribbean islands and nations is its more sophisticated lifestyle—one that is strongly European.  

Santo Domingo, the oldest permanent settlement in the New World, boasts some impressive colonial architecture, along with modern shopping options, theaters, museums, and stadiums (béisbol is a national obsession). It’s the best of island living with the opportunity to take in an opera, go to the game, get in a round of golf, or indulge in some retail therapy.