The Dominican Republic offers the white-sand beaches of Caribbean living for a steal and is only a two-hour flight from Miami. The “DR” is no secret and there are posh areas with sky-high prices, but other towns like Las Terranas have properties available for a song. Expats enjoy unbeatable asset protection in a country that also offers simple residency requirements, making it ideal for retirees who want to get more for their dollar – and more dollars. For more on this continue reading the following article from International Living.
Columbus landed in the Dominican Republic in 1492—the same year he “discovered” some of the other Caribbean islands.
Like those other islands, the “DR” is ringed by white sand beaches and coconut palms. Unspoiled towns boast stone churches and candy-colored home facades. But, according to real estate expert Margaret Summerfield, that’s where the similarities end.
Because unlike so many nearby dollops of sand, the Dominican Republic still offers very low property prices… a reasonable cost of living… and, in the beachfront community of Las Terrenas in particular, the chance to enjoy an old world Caribbean lifestyle for pennies on the dollar.