The Dominican Republic offers an attractive opportunity for foreign investors looking to broaden their horizons and establish themselves in a growing country. Through the residency permit for investors, those interested in making significant investments can obtain permanent residency, opening the door to numerous economic and personal opportunities in the region.
What is the Residency Permit for Investors?
This permit is exclusive to foreigners who wish to enter the Dominican Republic with the aim of making investments. The initial validity of the permit is one year, after which steps can be taken to extend or adjust your immigration status according to current regulations.
Who Can Apply?
The permit is aimed at foreign investors planning to invest a minimum of Two Hundred Thousand US Dollars (US$200,000.00) in the Dominican economy. This threshold ensures that only serious and committed investors are considered, maintaining the quality and sustainability of investments in the country.
Responsible Department
The Foreign Investment Division is in charge of processing all applications related to residency permits for investors. They can be contacted directly at their office located at Autopista 30 de Mayo, Esquina Héroes De Luperon, Santo Domingo, or through the phone at 809-508-2555 Ext. 2016 / 2037 and the email info@migracion.gob.do.
Necessary Requirements
Applicants must meet a series of requirements, including:
- Passport valid for at least six months.
- Residence visa under category RS.
- Letter of incorporation into the Foreign Investment Program.
- Certified proof of the investment made.
- Apostilled or legalized personal documents such as birth and marriage certificates.
- No Criminal Record Certificate.
- Guarantee policy with Seguros Reservas.
- Medical examinations conducted at authorized institutions.
Application Process
1. Access the General Directorate of Migration services portal: [DGM](https://personal.migracion.gob.do).
2. Register or log in with your username and password.
3. Select the residency by investment service and complete the required informational questionnaire.
4. Attach the necessary documents in JPG format and make the corresponding payment.
Costs and Timelines
- The total cost for adults includes: RD$42,000.00 for the file, RD$6,300.00 for medical examinations, and RD$3,500.00 for the investment record deposit.
- The process takes approximately ninety working days.
Benefits of Investing in the Dominican Republic
Investing in the Dominican Republic not only allows entrepreneurs to expand their operations and access an emerging market, but it also offers a vibrant lifestyle, access to beautiful beaches, and a rich culture, making the investment worthwhile both personally and professionally.
For more details on how you can begin your journey as an investor in the Dominican Republic, feel free to contact the Foreign Investment Division. We are here to help you realize your investment and residency plans in our beautiful country.
Marino A Marrero B. CEO Keller Williams Premium
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