Buying a Home in Dominican Republic: Our Purchase
The Future Ok, so the ink is dry or drying on our casa purchase. I've put off writing about the details of the whole process of buying property in the Caribbean. I didn't want to jinx anything. But, now that we have finalized the purchase I feel it's safe to document our trials and tribulations. I outlined our desire to live on a tropical island in earlier posts. Both my husband and I would like to make this happen before the 'traditional' retirement age. We want to simplify our lives, live slower-paced and not rush around like the proverbial 'rats in the maze'. We are willing to throw the dice, move to an island paradise and try to make it work on much less income than we do now. We had a five year plan. We had rented places on Eleuthera, one of the 'out islands' in the Bahamas. The proximity to the mainland but non-touristy feel seemed like a good mix. A few things worked against us however. 1) To avoid a hefty 10% or more transf...