Let me say, that they do care more for small individuals (with 2m you are one of them, bigger than me though haha) but do a mix of wire and cash deposit and you will be more than fine. Keep in mind you may have to raise your cash deposit limit, normally no problem but just keep it in mind as...
It’s standard for dubai silicon oasis companies. Fill it out. You will never hear back from them. Me and all friends I have here did it and no one ever got a reply back.
I get your point, if renting out works out as on paper it’s the better deal. I were in this position already.
Not a big fan of it anymore - but again - just my position - really appreciate your opinions :)
Thanks but that’s not me. I like to have a property it makes me much more relaxed. Might be stupid but that’s just how my brain works.
Especially now after being so sick. I have a family to care about - I just feel more relaxed to know no rent has to be paid in case anything happens
Okay but from my experience filing taxes with 0 and still paying taxes on the house , buying a car or whatever is the way to catch lots of problems, does it work different there? Thought about at least declaring this 450 DOP or 600k DOP per year and keep the rest outside of the country.
Can’t...
Hey,
already wanted to be on the DR but I got seriously sick (still in treatment) and everything postponed a lot. Now it does look quite positive and we think it is realistic to move within next 12months.
In the moment we are located in the uae and I have my company and privat bank accounts...
As English is the language I speak the worst and I know I have lots of gaps there …
Do you mean they treat it like a „Dominican company“ so I would have to tax it / which means it’s would be a no go
Or do you mean I could even use an Ontario lp for example / so no need to setup Sth more complicate
Alright just applied for one to check it but due to the law in my homecountry after 3yrs minor stuff should be deleted (at least one positive thing about europe)
Interpol is clean for sure
I might run into a problem than
Uae isn’t a problem but in my European homecountry we have 2 kind of pcc. A regular one and an extended one. The regular one would be fine, extended one … not
Thanks - can't stand the summer here anymore. Will do one more year to get everything sorted but than i am done.
Very generous offer - i'll for sure remember / but hopefully can do it on my own (but as i am going to buy some realestate, i might have 1-2 questions concerning this in the future)...
Hi, as it seems you are one of the guys which most experience in the Dominican Republic.
Looking forward to move there from Dubai. Have been there several times, so I know what the country is like, also can speak Spanish.
I am a bit confused about this 3yrs tax excempt. This is only for...
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