Investing in the Dominican Republic

[Emery Welshman]

I have been in contact with some brokers and builders, it’s hard to know if they are legit businessess or not. If they are legit the oppourtunity seeems amazing. My local realtor suggests its a scam because the broker is not well known and nothing in their laws can protect me from losing my money (suggesting if it’s too good to be true, it usually is) Any body have experience out there in DR? Or any where else in the Caribbean that can help advise?

[Joel F.]

@Emery Welshman what exactly you trying to buy in RD? The island has many great opportunities especially for foreigners but as you stated you must know the game before you invest your money. I suggest you get in contact with a good lawyer to help you out with the process. Yes, here they have crazy deals some areas you can buy land and owner finance for 5 years but if you don’t know what you doing you will get scam.