Pensionado Residency
Territorial — foreign income not taxed. Discounts available Pension from government, private or foreign source. Caribbean lifestyle at low cost.
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Key Details
Stay Requirements
Confirmed: DR grants immediate permanent residency; very lax - 4 years absence only triggers a fine. ~1 day. Master report 183 was a generic default.
high confidenceHighlights
- Low cost of living in the Caribbean
- Fast processing time of 3 months
- No taxation on foreign income
- Pathway to permanent residency
- Citizenship possible in 2 years
What could change
Changes in government policies could affect residency requirements and benefits.
Tax Notes
The Dominican Republic has a territorial tax system, meaning foreign income is not taxed. Residents are only taxed on income generated within the country.