The Independent Means Visa in the Dominican Republic, also known as the Pensionado Visa, offers permanent residency to qualified individuals who can demonstrate a stable passive income from foreign sources, providing an opportunity to establish residency in a Caribbean paradise with a favorable tax regime.
Statistics
The Independent Means Visa program in the Dominican Republic provides a pathway to permanent residency for individuals with stable foreign-sourced passive income. This program is designed to attract retirees, investors, and other individuals looking to establish residency in a tropical setting while enjoying attractive tax benefits and a relaxed Caribbean lifestyle.
Minimum Income Amount
US$1,500 per month
Visa-Free Travel Countries
75
Months to Visa
6-8 months
Overview
A fast-track to permanent residency for qualified individuals with passive income in the Dominican Republic
Eligibility Requirements
Stable passive income from a foreign sourced pension
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
Permanent residency, renewable every 4 years
Months to Visa
6-8 months
Physical Presence Requirement
None
Availability
High
Family Allowance
Spouse and children
Overview
The program offers numerous advantages for individuals looking to establish their presence in the Dominican Republic's tropical paradise.
Submit application in person at the Dominican Republic's General Directorate of Migration
Overview
To qualify for the Independent Means Visa, applicants must meet specific criteria:
Overview
Completed visa application form
Recent passport-sized photographs
Copy of passport biodata page
Proof of passive income for the last 5 years
Bank statements showing income transfers
Police clearance certificates
Medical certificate
Birth Certificate
Marriage Certificate
Proof of address in the Dominican Republic
Letter of guarantee from a Dominican citizen or resident
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
How long does it take to process an Independent Means Visa application?
Can I include my family members in my Independent Means Visa application?
What types of income qualify as passive income?
How often do I need to renew my residency permit?
Can Independent Means Visa holders apply for Dominican citizenship?
The Dominican Republic offers a tropical paradise, attractive tax regime, and welcoming environment for foreign residents.
Benefits:
Advantages:
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