If you are employed in the DR you will be taxed on that. If you have other income from outside the DR, you will not be taxed on it. For example, I am retired and my retirement benefits are deposited in my account in the US. To get money, I write checks on the account and they are cashed in pesos with a local banco de cambio. I am not taxed on that income by the DR, but do need to declare it in the US.
You don't have to declare outside assets, but if you apply for residency you need to show that you have a source of income. That is not the same as declaring all your assets, however.
|