How to retire in the Dominican Republic
Do you dream of spending your retirement on a sunny Caribbean beach with a cool drink in hand? There are many alternatives, but one that you may want to consider is the Dominican Republic. From affordable housing to adventurous activities, this Caribbean island nation seems to have something for every retiree. Additionally, their expat laws favor Americans looking to retire there. Retiring abroad can help you extend your retirement savings, and a financial advisor can help you stretch your nest egg further. Cost of Living and Housing in the Dominican Republic Housing in the Dominican Republic is very affordable. For example, the average cost of a one-bedroom apartment in a city center in the U.S. costs $1,376 per month, but only costs $400 per month in the Dominican Republic. If you prefer to purchase an apartment or home there, the average cost per square foot of an apartment in a city center in the U.S. is $330, but in the Dominican Republic is $120. If you want to live even more