Expat Community > Dominican Republic

fiocco
Joined 2016
Posts: 12

Invest in Certificate and Current Account in DR/ Las Terrenas

8 years ago

Hi guys! As an expat looking to relocate in Las Terrenas soon, I would like to know if anyone of you that live in DR invested in Certificate in local Banks. I red that interests given by Dominican Banks in CURRENT ACCOUNTS are quite higher than European Banks or also Asian Banks. Do you think that you can have a good return? I know that the problem can be the inflation and the exchange rate in case in the future the person want to transfer back the money in the original currency but in case a person decide to live there and consider DR as home, this problem can have less importance.
Any comment about this matter is very appreciated . Thanks again

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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Expat Community > Dominican Republic

Invest in Certificate and Current Account in DR/ Las Terrenas