Saturday, February 28, 2009

Your Benefits as a Dominican Resident

A Dominican Republic residency is a very useful status to acquire for a variety of reasons: 1) It facilitates a number of business transactions in the D.R., including obtaining bank loans, buying real estate and applying for credit; 2) It makes one eligible for lower tuition at Dominican universities; 3) It permits one to work legally in the Dominican Republic; 4) One can take advantage of Law 14-93, Art. 13, and import most household goods duty free. See www.banker-trust.com/Residency_and_Passport.html on how to obtain Dominican Residency and Citizenship.