© 2018 by Abreu & Associates.

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Land of opportunity

The Dominican Republic is among the best places to buy real estate in 2016, and certain areas in this country are the absolute best places to be shopping for affordable beachfront retirement. In addition, for a CD with a bank in this country to earn as much as 5% for U.S. dollars and double digits on a Dominican Republic peso deposit.

World Bank review

The Dominican Republic has the largest economy of Central America and the Caribbean. The country has weathered the global economic crisis well and in 2010 experienced one of the highest growth rates in the region. The DR remains the most rapid economy in the region in 2014 and 2015, with a GDP hovering at 7 percent.

About Us

Our primary objective is to use our knowledge, experience and expertise regarding life in the Dominican Republic along with safe and sound business practices to assist all of our clients in creating the life they desire in the Dominican Republic.

Things to know

The Dominican Republic is fast becoming a popular destination for expats. Each year, more and more people from Europe and the US are lured to this part of Hispaniola by the tropical climate, inexpensive properties and high rates of return on investments. Locals, who are known for their friendliness, curiosity and warm hospitality.

Abreu & Associates is one of the leading immigration law firms in the country.

We look forward to helping you in making the right decisions and empowering your future in the Dominican Republic.

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Fast Track Permanent Residency 

What is Fast Track Permanent Residency? How to qualify

 

In 2007 a formal law was created (see link with copy of the law below) incorporating a new incentive for Investors.  This law stipulate that once you already have the RESIDENCY VISA and arrive to DR, you apply directly to PERMANENT RESIDENCY.

https://www.dgii.gov.do/legislacion/leyesTributarias/Documents/171-07.pdf

Please make sure you meet and have written proof of one of these categories: 

  1. Pensioner or Retiree – With a fixed Monthly Retirement Income, Pension or Annuity of 1,500.00 monthly. You will need US 250.00 more per additional applicants in the family.

  2. Independent Rental Investor – With Proof of Monthly Income coming from any investment ABROAD or non salaried source ABROAD of US 2,000.00 or more monthly  (meaning bank account interest, brokerage accounts, rental income, royalties, etc.).

  3. Lump Sum Investor – With Proof of a local investment of US$200,000 (or equivalent in another currency) in local financial instruments, real estate, business enterprise, etc.

 

We will be happy to assist you in obtaining the FAST TRACK PERMANENT RESIDENCY AND CITIZENSHIP!

 

REQUIRED DOCUMENTATION 

  1. APPLICATION WITH PHOTO

  2. ORIGINAL PASSPORT GOOD FOR ONE YEAR MINIMUM

  3. BIRTH CERTIFICATE WITH APOSTILLE

  4. GOOD CONDUCT POLICE WITH APOSTILLE (2) FBI

  5. LETTER FROM THE BANK

  6. LEGAL INSURANCE IN DR FOR REPATRIATION PURPOSES (WE WILL HELP YOU TO OBTAIN IT)

  7. LAST 3 MONTHS BANK STATEMENTS

  8. OBTAIN ONE OF THE FOLLOWING:

  • PROOF OF RENTAL PROPERTY ABROAD RECEIVING 2,000.00 MONTHLY

  • PROOF OF RETIREMENT RECEIVING 1,500.00 MONTHLY

  • MARRIED TO A DOMINICAN

  • INVESTMENT IN DR SUCH AS REAL STATES FOR THE AMOUNT OF 200,000,000.00

  9. MEDICAL CERTIFICATE 

10. REPATRIATION INSURANCE (WE WILL PROVIDE)

11. SWORN LETTER, LETTER OF INTENT, GARANTOR, LEGAL DOCS, ETC. (WE WILL PREPARE THESE FOR YOU)

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The entire process begins with the following steps:

  1. RESIDENCY VISA (3-4 weeks length of time to process)

  2. PERMANENT RESIDENCY (2 months or less)

  3. CITIZENSHIP (After having 2 years of Permanent Residency you can apply for Citizenship). (Allow 12 months to process)

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