Moving next fall

Welcome to the forums.

I am a business consultant and can help. First incorporation, residencia etc. I am also a labor code specialist. There is no requirement to hire a specific number but their are rules to be aware of in terms of % of local and foreign employees and teicks to understand.

I would need to know a lot more to give you ball park figures on the various pieces needed as well as the.marketing you will need.

Good you are investigating and making a trip. Why Cabarete for this?

We are looking at the Cabarete area as we have been to a few different areas in the DR and we like that area the best. We don't intend on purchasing property before we move as we want to explore the Northern coast a little more to ensure that's our chosen place.
To incorporate, is that step done in Canada or the DR?

My husband and I don't actually need any employees to operate our business...so that's ok legally to NOT have any local employees?

I corporation is done here. Nope you dont need any local employees but you both need residencia then. That starts on Canada.

Nothing really to add.  Planner has got you covered.  We have lived in the Cabarete area for the last 11 years so if  you have any "living" questions I may be able to help

Bob K

Planner, we're planning to move (either buy or rent) in the Las Terranas area - but not sure what the rules are about how long you can stay without "over stay" fees?  If we buy, we can become residents - if we rent, can we become residents? Or, do we have to keep leaving the country and coming back every 6 months?

Our overstay fine kicks in at 30 days.  You can become residents based on "income" or until you know you want to stay, just pay the overstay when you leave.

Rent rent rent for 6 to 12 months then look to buy!!!

Don't worry about residency till you decide to make this your home.  Just pay the over stay fees when you leave.  No need to leave every 30 days. Here is the fee scheduled:
    31 DÍAS A 90 DÍAS    2,500.00
   3 A 9 MESES    4,000.00
   9 A 12 MESES    5,000.00
    12  A 18 MESES    6,500.00
    18 A 24 MESES    8,000.00
    24  A 30 MESES    9,500.00
   30 A 36 MESES    11,000.00
   36 A 48 MESES    16,000.00
    48 A 60 MESES    20,000.00
The schedule goes on beyond this but this covers the first 5 years.  Remember these prices are in pesos

Bob K

That's what we were thinking. We've been to the DR 4X in the past, but in Cabarete. We thought we'd check out Las Terranas and it looks great on the internet. Checking it out in October for 2 weeks vaca. Just was wondering if you rent, how often you might have to leave the country and come back - in Costa Rica I know we'd have to.

You dont have to here. You simply pay an overstay fine. Once you decide to live here, get residency