Canadian Expat Tips About Starting Your Own Offshore Business

Small Business Opportunities Everywhere

Small Business Opportunities Everywhere

“Can we make a living in the Dominican Republic” is a common question we hear from people evaluating whether to move or retire to Cabrera Dominican Republic.  As we’ve said many times, your best bet is to start your own business to provide services or in demand goods to both expats and locals.  Wage rates tend to be very low here compared to first world countries, which is great if you are the employer, but not ideal if you are looking for a job.  But the real opportunity is owning your own business in order to capitalize on the low labor rates.

We did a recent video interview with Canadian expats Claude and Marie Josee.  Like most expats in Cabrera, Claude believes there are quite a few opportunities and he has a few tips on how stack the deck in your favor in your business.  Claude also shares a few ideas about viable businesses that he sees the need for in the area.

Claude and Marie Josee chose the B&B route to supplement their income.  Maybe that will work for you, or perhaps you would prefer one of the more hands-on businesses Claude recommends.

In this video Claude gives us his take on the small business opportunities awaiting the right entrepreneur expat family.

When you come down for your DYD Discovery tour perhaps you would like to brainstorm with Claude and other expats about other small business opportunities.  If so, just let us know.  The expats in Cabrera love to meet other potential expats and freely share their ideas and suggestions if you are open.
Keep checking the DR Escapes websites and our Youtube channel for more expat interviews and tours of businesses and healthcare facilities of interest to future expats. If you have not subscribed to the DRescapes Youtube channel then you may want to do that today by clicking on the link. This is one of the fastest ways to keep up to date on all the latest video tours and interviews of interest to anyone considering a move outside of the US, Canada or Europe.

If you have not subscribed to the DRescapes.com notification list, please do so by clicking JOIN OUR LIST . This is the best way for us to get you the information you need and to cover the topics that are most important to you.

And finally, if you have not already participated in one of our free DYD Discovery Tours…… WHY? Heck, worst case you get to explore another beautiful part of the world and best case you will fall in love with this little rural village overlooking the ocean that has become home to so many other expats. Click DYD TOUR to sign up for YOUR own Discovery Tour.

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Denise December 11, 2013 at 1:43 am

I really enjoy this series and can only marvel at what a great service to people considering a move like this. As someone who has made the move here to the DR, I would have loved to have all of this research and assistance in making the decision to leave the US. Keep up the good work!

Kevin S. December 11, 2013 at 2:09 am

I just returned from my forth visit to the Cabrera area over the past year. This visit was a bit different, as I not only visited with Barry & Liane and the rest of the growing DR Escapes family, but I made a real point of getting out and about and meeting new people. I met several new local folks on this recent trip as well as a handful of expats.

In general, what Barry covers on this site as he tours you around the region thru his many archived articles and interviews, is very representative and accurate to what I and my family have experienced.

Regarding the options for income opportunities touched upon in this article, I had an initial concern as to how this could play out should I decide to spend more time in the area. Simply put, I no longer have this concern whatsoever. And you don’t have to be an entrepreneur-type per se.

As Claude states, many will come and at first experience the culture for perhaps a few weeks or months, and kind of monitor and observe what may be a fit for them before they engage into whatever they choose to do for an income. Because of the growth trend which the Cabrera region is experiencing, again, there is a relatively high level of demand for both product and service-related businesses.

Just take the new $500 million Playa Grande development alone. The direct and indirect business opportunities this will provide in the coming many years in the Cabrera region will be tremendous.

The overriding theme that I heard from the expats was the low-key pace of life, and the relatively low levels of stress that the DR lifestyle affords. Sounds pretty good to me coming from the rat race of the U.S.

If you’re ready for a change, I would highly encourage anyone to take the first step and take the DR Escapes Tour. As Barry says, at the very least you’ll experience a beautiful part of the world. But be prepared, you’ll likely want to make the shift yourself as so many have and are in the process of doing so.

Mikal December 11, 2013 at 6:35 pm

Barry,

This is a very insightful post, especially since this very topic has been weighing on my mind for the last couple of months. In fact, this is probably the only thing holding me back from taking the full plunge into going to the DR Permanently.

Once, I can overcome that obstacle, you all can expect a New DR Escapes Family Member, A.S.A.P..

It’s pretty cold, here on the East Coast of the USA, with 4 inches of Snow. And although I’ve dealt with snow all my life, I’m realizing, I hate it now.

Really can’t wait until I can get out here.

Mikal

Kevin S. December 12, 2013 at 1:03 am

Mikal,

I share the same concern as you, as I’ve yet to take the big step.

I just returned from my forth trip in the past year to the Cabrera’ area, and my concern diminishes with each visit.

The point that I’m trying to make with my loved ones, is that there will never be the perfect time to make the shift, nor will we ever get to the point when there’s zero apprehension. As with any big decision, there’s a jumping off point – a point when we simply have faith and confidence that these concerns will naturally take there course.

If you’ve spent much time at all in the region, I think you likely realize that there are a significant number of options for earning income. The good thing is that one does not have to earn a lot of money to have the basics, and even if one simply gets by the first year this way, then they’ll likely consider this a success.

Good luck. We may run into one another if you make the move!

mike December 12, 2013 at 8:01 am

Everything seems fine in the US .

Grocerie stores are stocked well, gas stations everywhere, good water, electric, internet and mobil tech. and civil order- (keep your nose in the feedtrough sheople) and don’t look behind the curtain.
Some people have looked behind the curtain and saw a completely fabricated media, utterly corrupt political system full of cokeusing /whoremongering, alcoholic used car salesmen. A financial system that’s not only beyond repair but setting up the US for serious if not a total destructive end.
Moral decay unprecedented. If that’s not enough lets throw in 10 years of wars and millions of foreign civilians dead–

For about the last month off and on I keep considering the jews pre WW2 in Germany should we leave or stay?

Maybe Im just paranoid.

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