Anyway... to be more deep in to my idea:
I am not thinking of creating a business in the Dr or wherever... I was jus curious on the monthly budget because my thoughts are to have enough money in few years to move somewhere else and be ok for the rest of my life. If then after a couple of years I wanna begin to work again, then I will do it.
I am fortunate enough to have my own business and I can stop or start whenever I want.
I know for a fact that here in the Us for example, if you have a solid base of, let's say 5 millions $, yes it's a good amount, but it's not enough for the rest of your life, if you are in your 30's.
You buy a house ( a nice one) and a lot is gone and then what? 5000$ a month and in 20 years or less (considering inflation), everything is gone, you are older and beginning everything again is more difficult.
In other countries, the same amount gives you the chance of leaving comfortable for the rest of your life....
In the Philippines for example, with a $2000 a month, you live like a king...
3000 a month would be sufficient in Sosua, but even then you'd have to be disciplined. Things wear out faster there and you'd want to make a least a couple of trips to the states annually if only to pick up things you can't easy find on the island. The one thing that surprised me was as opposed to decreasing, my sexual appetite increased. I'd cover a span of 2 months having sex every day and sometimes twice a day. Where here at home I can go two weeks without thinking about getting laid. As Steviewonder noted, what kept blowing my budget was my refusal to leave vacation mode. If you're going to live there you really need to find something to occupy your time other than partying. I'd also strongly recommend getting a place to live that provides enough space for you to feel comfortable. One reason I found myself in the street so much was that my apartment isn't large enough for me to enjoy time just kicking it at home. If I stay there more than a couple of hours I tend to get cabin fever.
Young Weyland with all do respect their is Culture in the DR you have to go Santo Domingo.
Museums
Santo Domingo is the location of numerous museums dedicated to the history of the Dominican Republic. Most of them are within the Zona Colonial District.[9]
- Museum of Alcázar
- Altar de la Patria
- Naval Museum of the Atarazanas
- Museum of the Casas Reales is dedicated to the colonial period
- Museum of Duarte summarizes and shows the history of the movement and struggle for independence
- Museum of Natural History
- Museum of Dominican Man
- World of Ambar Museum
- Museum of Modern Arts
- National Museum of History and Geography is dedicated to all of Dominican history, from pre-Columbian up to contemporary times
Thanks for the useful list and in due course I will visit all these and maybe more than once. However I did say "major" museums.
"Struggle for independence" is a joke. The Dominicans were given their country when the Spanish walked out and later sold it back to Spain again to make a few quick pesos. The wonderful Dominican upper class have been trying to sell their country to anyone who willing to take it on (usually the US) ever since.
I live on 1000 us in the usa per month. 300 of that is vehicle related.
Spend twice that on trips(or more) but that don't count
But don't have ant debt .
Rent and mortages take good bite out of peoples budgets.
I would definately buy in DR IF I decided to live there but only after some time in Santo Domingo ;Santiago.
I like Santiago better for chics by far over Sosua but like the beach so---
And I am sure there are folks paying $25,000 a month in Manhattan also. You asked for an average budget and while real estate prices in NY are indeed crazy, $5000 a month rent is not even close to average.
A good friend has a very nice one bedroom on the UES in the 70's for less than half that.
If you can't live here on $2200 per month you must live a much grander lifestyle than I do.
i have been going to sosua for 7 years now and possible will retire there so i am always calculating on how much i will need. I agree with robert and others that you can live decent on 2200 to 2700$ per month and include everything.
dr urbina says you get what you pay for but sometimes you can also get the same thing in different places for a huge difference in money.
use your head and look around for the places where you can get good value for good prices, whether it be food, girls, entertainment etc.
a bit of research and some common sense and staying out of the vacation mode only and you can live reasonable without breaking the bank
i tend to agree with you. The dominican republic is one of the best value destinations in the caribbean. The prices of condos are half or less than other islands. The tour companies from canada have more packages in the dr than anywhere else they go. the only place that may be cheaper for vacation packages is sometimes cuba, however the accomadations and food do not compare favourably.
visit, purchase, monger, vacation, whatever the dr is your best value in caribbean,,,that is until the russians keep coming and drive up the prices like they have made the area in cabarete double or triple in past few years
I am recently retired in the US with a part time job to help with cash flow. My $2,700.00 monthly income affords me a comfortable lifestyle in a very upscale Atlanta suburb. I live in a nice three bedroom house with 1,700 square feet, and a community pool. I pay cash for everything including my car, so I have no debt. I can't imagine paying more in a country that has a much lower cost of living. My plan is to travel to the DR three or four times a year, and enjoy the best of both worlds.
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