Residency?

If you are looking to obtain residency by investment  Dominican Republic's residency by investment program allows foreign investors to obtain permanent residency by investing at least $200,000 in the country in real estate amongst a few other investment types.  Finding a reliable experience attorney is essential. Try the website for the appropriate governmental agency overseeing these process “Govierno de la Republica Dominicana Migracion” https://migracion.gob.do/en/servicio/re … esidences/

Best of luck!

Investing in real estate does not qualify your for residency!

You qualify by showing "no earned" income, pension income, family reunification or investing 200,000 and above in an investment that creates jobs. Real estate by itself doesn't create jobs.

Sorry non earned income. Darn fingers

As a broker in the country this is news to me.  Definitely not what I have experienced through my work thus far.

Residency lawyers clearly state this does not qualify now.  It may have qualified at one time.

Check the link to the immigration department I posted, it seems it is still been offered for a one period with I believe with the possibility of renewal. FULL DISCLOSURE am not an attorney and this is not legal advise but if the governmental office that over sees this process still offers I think its word for those seeking this avenue to look into it directly with the source.

So lets get an attorney to weigh in on this. Then we will all have better info.

@planner agreed, but if its a governmental attorney would be best, I couldn't imagine the immigration department itself would “advertise” this is a program they offer if they no longer do, unless it has been recently changed and the department has not updated the information online. With that been said, am sure there are qualifications and restrictions as there is with all of these types of programs.

Hopefully someone with the appropriate qualifications in the group can shed some light on this.

I will use someone I trust.

Good Morning

Maybe a dumb question or not but I like to know ...

Applying for DR residence , can USA stop any benefits you get from them ?

Thank you and have a lovely day.

@Isdad27

Unfortunately, that's a loaded question.

It all depends what benefits are they state or federal you are specifically asking about?

@CHRISTOPHER DAVID56    VA  federal income

I have my opinion but would suggest just calling the VA benifit customer service support line or search the VA website for the answer

Sent you a link in DM

According to the 2 lawyers I consulted, owning real estate alone doe NOT qualify for an investor residency visa.  It MAY help if there is other qualifying income as well.

In these cases the advice is always to consult an immigration attorney!

@planner there is a contact on the immagration department they can probably provide more insight, as I said there’s probably requirements and is not as straight forward but on their website it clearly states its an avenue for it. UNLESS the govertment is doing false advertizing. Please see below for convenience:

DEPARMENT Foreign Investment Division

CONTACT INFO:

Dirección: Autopista 30 de Mayo, Esquina Héroes De Luperon, Santo Domingo República Dominicana

Teléfono: +1 (809) 508 2555

Email: info@migracion.gob.do

[link under review]

@aurincdisla

I will chime in..That DGM contact information will get you know where for the accurate and up to date information.

90% of the time they will tell you to visit the DGM office for answers.

You will go to the DGM office and you will wait 3 to 5 hours for an answer.

Then you go back the next day and you will get a different answer.

Knowing planner and the attorneys she contacted are the Top of the line immigration attorneys in this country.

DGM does not keep up or update many of the daily process changes they apply.

This is my 2 cents....

@CHRISTOPHER DAVID56 thank you for the feedback, I can absolutely see this happening but that applies to all other governmental offices and other processes like banks, as most of us have experienced at one point or another can be very slow, but this doesn’t mean they should not try, those attorneys ultimately will need to process and work with those exact offices. I would encourage anyone to always cover all of their basis and not relay on one single source for information. The bottom line is, residency by investment is a program the country offers, the intricacies of the process is a different story and I believe that was the original question that was asked.

So this information on the website isn't accurate, or not enforced? I thought this was a credible government source. I know, it's the DR and all..

https://migracion.gob.do/en/servicio/re … esidences/

@Jennifer Storm Nelson this seems to be the opinion going around, my recommendation is always to investigate further via multiple sources including an experience attorney on the subject and the governmental agency in charge. Most of us on this forum are NOT attorneys and should be very careful and responsible of the statements we post as we are not qualify to provide legal advise. The law may change and these types of programs can also change so again my recommendation would be to cross check multiple sources.

@aurincdisla

Understood and yes to your comments.

23 years in this country I have experienced all of that and more.

I am not attorney and only providing my opinion based on MY past experiences, and knowledge over the last 23 years in the country.

At the end of the day we all know that each individual has to preform thier own duegelence  as for thier exact circumstances, and situation for anytype of business transaction, and interactions to meet thier overall objectives.

good luck and may they have best outcome ...Best to you!

Years ago it was an option but do not know currently.

That is the issue in so many different ways.  Go to govt officials and you get an answer. Go to another person in the same.office.and get a different answer! You cannot rely on clerks. To get to the officials who know what's current you need access.  Most of us don't have that. In this case the best immigration lawyers have access.  And even they get surprised by changes.

Bottom line see a good lawyer. Don't rely on real estate brokers, or your friend or us if your case is in any way unique!!!!