Thinking of Retiring?

The heart of the Caribbean is a great place for retirees to enjoy their golden years. The Dominican Republic has evolved from a popular getaway for sun-seekers to a leading destination for international tourists. With a growing number of properties and resorts, Punta Cana is the perfect place to take your family, friends, and loved ones. Offering spectacular beaches, luxurious accommodations, and endless opportunities for adventure, Punta Cana has something for everyone. 

Punta Cana is the ideal location for expats and retirees seeking an exciting yet serene lifestyle. BSPC lists vacation and permanent home options, beachfront mansions, luxury condos, small family homes, or even second homes in the Dominican Republic. Punta Cana’s rich assortment of amenities includes world-class golf courses, exotic restaurants, and spas. Expats can take short trips from Punta Cana-Bavaro to explore other parts of the island, including colonial Santo Domingo and idyllic La Altagracia province. Some consider this island paradise to be the most beautiful location on Earth.

Location and Infrastructure

Its convenient location makes exploring all of the islands easy, and its growing infrastructure makes living here comfortable and convenient. Explore beaches on horseback or zip through the trees on a canopy tour; book an excursion to Isla Saona and take advantage of world-class snorkelling spots; or take a stroll down Avenida Espana in search of unique gifts. With only a two-hour flight to Miami, it’s easy to visit friends and family in the U.S. or Canada. New road systems make travel easy. Travelling across the island takes less than three hours. Don’t forget to stop at some local vineyards! Punta Cana’s modern and reliable healthcare facilities are available at the local hospital, along with additional offerings at larger hospitals located in Santo Domingo.

Low Living Costs

The Dominican Republic offers retirees a unique opportunity to live on a budget that allows them to enjoy the gorgeous beaches, delicious food, and warm weather. Retirees can afford to live in their homes with housekeepers with a monthly budget of CAD 1,500 to CAD 2,500. You will still have leftover money for dining and entertainment. Purchasing a property rather than renting gives you more financial freedom. The affordable prices make it possible to enjoy the best of both worlds: beautiful beaches and affordable living.

Tax Breaks

For many U.S. citizens 62 years or older, there are unique savings opportunities when retiring abroad, such as tax breaks and shipping household items tax-free. The U.S. government requires USD 250 per person and proof of monthly pension for the application. It takes around 45 days for approval. 

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