The Dominican Republic, with its warm climate, beautiful beaches, and vibrant culture, has long been a top destination for retirees seeking an idyllic place to spend their golden years. The country offers a special program called the Dominican Residence for Foreign Pensioners or Retirees, making it easier than ever for retirees to make their dream of living in paradise a reality.
Dominican Residence for Pensioners or Retirees
The Dominican Residence for Pensioners or Retirees program grants temporary residence to foreign retirees for a period of one year, with the option to renew. This temporary residence card, often referred to as the “gray card,” is valid for one year and provides retirees with a unique opportunity to experience the beauty and charm of the Dominican Republic.
Who is Eligible?
This program is designed for foreign pensioners or retirees who wish to enjoy their retirement in the Dominican Republic. It’s an excellent choice for those seeking a relaxed and tropical retirement lifestyle.
To obtain residence under this program, applicants must meet certain requirements and follow specific procedures. Here’s an overview of the key requirements:
Residence Application Form: Applicants must complete the residence application form for investment through the DGM services portal.
Passport: A copy of the complete passport with a minimum validity of one year is required.
Change of Name (if applicable): If the name in the passport differs from the birth certificate, the applicant must provide legally valid documents supporting the name change, such as a marriage certificate, divorce certificate, or adoption certificate, duly apostilled.
Residence Visa (RS): Applicants must hold a valid residence visa (RS) issued at the Dominican consulate in their home country or country of residence before applying.
Medical Exam: A medical exam is required, and the original payment receipt for this service must be submitted. Only medical exams conducted by authorized institutions are accepted.
Birth Certificate: The original birth certificate must be duly apostilled or legalized, as applicable. If the applicant has acquired a different nationality, they must provide a copy of the naturalization certificate, duly certified and apostilled.
Criminal Record: A certificate of no criminal record issued by the competent authority of the country where the applicant has resided for the last five years is required. This certificate must also be duly legalized or apostilled.
Photographs: Four recent photographs are required, two of the front view and two of the right profile, each sized 2×2 inches with a white background.
Government or Official Agency Certification: Applicants must provide certification from a government, official agency, or private company of foreign origin where they provided their services. This document must be translated into Spanish, bear the apostille seal, or be legalized by the Dominican consulate in their home country.
Pension Requirement: The pension must amount to a minimum of US $1,500.00 per month or its equivalent in Dominican pesos. An additional US $250.00 is required for each direct dependent included in the application.
Guarantee Policy: Applicants must have a guarantee policy contracted with ARS Reservas, including coverage for dependents, spouses, and children.
Bank Account: A bank letter confirming the existence of a bank account in a Dominican bank is necessary.
Additional Documents: Depending on individual circumstances, additional documents may be required to verify the applicant’s reliability and qualifications for the program.
- Spouse: If the application includes a spouse, their documents, including a marriage certificate, birth certificate, and criminal record, must be provided.
- Minor Children: If minor children are included in the application, their birth certificates, passports, residence visas, and criminal records must be provided.
- Adult Children: Adult children (over 18) of the beneficiary may be included in the application if they are financially dependent due to study or disability.
Repatriation Policy: An additional repatriation policy is required as per regulations for the application of migration laws.
The application process involves submitting the required documents and forms to the Foreign Investment Division. Applicants can start the process by completing the residence application form on the DGM services portal.
Location and Contact Information
For further information or assistance with the application process, you can reach out to the Foreign Investment Division at the following address:
Dirección: Autopista 30 de Mayo, Esquina Héroes De Luperon, Santo Domingo, República Dominicana
Teléfono: +1 (809) 508 2555
The Dominican Republic Residence for Retired Persons and Pensioners program offers an enticing opportunity for retirees to enjoy the beauty and warmth of this Caribbean paradise. With a straightforward application process and a range of benefits, including a vibrant culture, stunning landscapes, and a lower cost of living, the Dominican Republic is an ideal destination for retirees looking to make the most of their retirement years. So, if you’re considering a retirement filled with sunshine, sandy beaches, and a relaxed lifestyle, consider the Dominican Republic’s retirement residence program as your gateway to tropical bliss.