Getting a Dominican Residency

[MisterPink]

You will not be able to register the car, or get insurance until you pay the duty.

The tax on an import is as much as 50% of the value of the car.
IMHO it is just not worth importing your car, unless you bought the car @ auction for a fraction of it's value.

mp

[Rubicon]

TT, I'd rather go the required route so I have no problems later. The last thing I would want is to have my shit confiscated in the future and then have to watch one of the police who confiscated it rolling around in it.

MP, the primary reason for me obtaining my residency is because it will greatly reduce the amount of import tax on the vehicle. In fact, I checked on it yesterday and it is about US $2,600.00 in import tax with residency, as opposed to about US $12,000.00 w/o residency. I can well afford to ship a Jeep with 8,000 miles on it for a total of about US $5,000.00, than to spend at least US $20,000.00 in the DR for a vehicle with at least 40-50,000 miles on it, and who knows what kind of hidden wear and tear.

The biggest problem looks like it might actually be on this end. I went to the DMV today, as the shipper told me he needed a couple of documents from them to get the ball rolling. The DMV told me they don't know what in hell the shipper is talking about.

[CHUCK WALLA]

i have found a lot of useful info on this subject at the following website

http://ascotadvisory.com/

[MisterPink]

Thanks Chuck!

Most of Ascot's website has not been updated in 10 year's, I am still trying to visit the Santo Domingo Stock Exchange.


mp