“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.
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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.