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Living Your Retirement in the Tropics: Dominican Republic as the Ideal Destination

Posted by GrindleyImmo on 13 August 2024
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Las Terrenas, located in the heart of the Samaná Peninsula, has become a top choice for retirees seeking peace and a high quality of life in the tropics. This coastal town beautifully combines Caribbean charm with a relaxed and comfortable lifestyle.

Tropical Climate Year-Round

One of the main attractions of Las Terrenas is its warm and sunny tropical climate. With pleasant temperatures all year, it’s the perfect place to enjoy outdoor activities. Relax on the white sandy beaches or engage in activities like swimming, paddleboarding, or hiking.

Cosmopolitan Community

Las Terrenas boasts a diverse international community, creating a cosmopolitan and welcoming atmosphere. Making new friends is easy, whether in local markets, restaurants, or community events.

Comfortable Lifestyle

The town offers all necessary amenities, including well-stocked supermarkets, restaurants featuring both local and international cuisine, medical clinics, and wellness centers. Housing options range from modern apartments to beachfront villas, catering to various budgets.

Affordable Cost of Living

Compared to other Caribbean retirement destinations, Las Terrenas offers a relatively affordable cost of living. From purchasing property to daily services and leisure activities, retirees can enjoy a high quality of life at reasonable prices.

Activities for Everyone

Active retirees will find plenty to do in Las Terrenas, from water sports like diving, sailing, and kitesurfing to hiking with breathtaking views. Yoga classes and cultural excursions are also popular options.

Tax Exemption for Retirees Aged 65 and Over Owning Only One Property in the Dominican Republic

Foreign retirees over the age of 65 benefit from an exemption on property taxes (IPI) in the Dominican Republic under Law 171-07. This offers a significant fiscal advantage for those with a single property in the country.

In summary, Las Terrenas is the ideal place for a peaceful retirement, surrounded by natural beauty and a welcoming community.

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