The Dominican Republic is one of the Caribbean’s most attractive destinations for retirees. With its warm climate, low cost of living, friendly people, and stunning beaches, it’s no wonder thousands of North Americans are choosing to spend their golden years here.
Here’s a clear, step-by-step guide to help you plan your retirement in the Dominican Republic:
Step 1: Decide If the DR Is Right for You
Before taking the leap, ask yourself:
Do I prefer warm, tropical weather year-round?
Am I comfortable with a slower pace of life?
Am I open to learning or hearing Spanish regularly?
If you answered yes, the DR might be your ideal retirement destination.
Step 2: Visit and Explore
Spend at least a few weeks visiting different parts of the country. Popular retirement spots include:
Cabarete – beach town with a sporty, expat-friendly vibe
Las Terrenas – French-influenced, tranquil beaches, boutique living
Sosúa – strong expat presence, walkable amenities
Santo Domingo – vibrant capital with modern infrastructure
Jarabacoa – mountain town with cooler climate
- Punta Cana – most touristy area with growing expat scene
- Constanza – mountain area, where all the veggies of DR grow. Called Switzerland of the DR, because of its nature and cooler temperatures. Lots of hiking possible.
Each region offers something different in lifestyle, climate, and cost.
Step 3: Choose Where You’ll Live
Once you’ve explored, decide if you want:
A beachfront condo
A gated villa community
A quiet countryside home
A city apartment with urban access
Consider rental vs. purchase. Renting short-term is a good idea initially while you decide.
Step 4: Apply for Residency
To retire legally long-term in the DR, apply for the Residency for Retirees (Pensionado) visa.
Requirements typically include:
Proof of pension/income (minimum ~$1,500/month)
Passport
Birth certificate
Clean criminal record
Medical certificate
You’ll start with a temporary residency, then convert to permanent residency after 1–2 years.
Tip: Use a reputable local immigration lawyer to speed up and simplify the process.
Step 5: Set Up Healthcare
The DR offers both public and private healthcare. Most expats opt for private insurance (around $600–$1,200/year), which gives access to top-rated hospitals and clinics.
Popular hospitals include:
Hospiten (Santo Domingo, Puerto Plata)
Cedimat (Santo Domingo)
Centro Medico Bournigal (Puerto Plata)
- HOMS (Santiago)
Step 6: Manage Finances & Banking
You can open a local bank account once you have residency. You can as well open a bank account without residency if you show proof of your bank account in your home country and upon presentation of other required documents.
Most expats use international transfers, credit/debit cards, or online banking.
The Dominican peso (DOP) is the local currency; USD is widely accepted in tourist areas.
Living costs: Most couples live comfortably on $2,000–$2,500/month.
Step 7: Learn the Basics of Spanish
You don’t need to be fluent, but knowing key phrases will go a long way. Many locals in expat areas speak basic English, but integrating is easier with some Spanish skills.
Step 8: Build Your Community
Join expat forums, Facebook groups, or attend local meetups. The DR has strong, friendly expat networks that make settling in easier.
Some helpful groups:
“Expats in the Dominican Republic” (Facebook)
Local clubs in Cabarete and Sosúa
Language exchange groups
Step 9: Enjoy the Lifestyle
Fresh fruit markets, ocean sunsets, and friendly neighbors
Relaxed pace, low stress, and plenty of free time
Hobbies like golf, fishing, yoga, or simply enjoying the beach
Retiring in the Dominican Republic is about living fully — at your own pace.
Ready to Start Your Retirement Journey?
Contact our local team to find the right home, legal help, or relocation support tailored to retirees.
