It is important to note that a retirement venture is not normally as it sounds. People will be just be taking a break from active employment to have a quiet time but make some bucks in the whole process. Deciding to relocate to a different location normally takes some thought and very proper planning.
As a first step, getting your financial house in order before moving to the Dominican Republic is vital. Many folks prefer this country because the bank account interest is 100% locally tax-free and because interest for US dollar deposits tend to be higher than other places, including current interest rates in Panama.
What else can would-be expats watch out for?
• Page 1 (Original Post) •
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