"Reasonable Income" - Cost of Living
Hi everyone! I am new to this forum and have enjoyed picking through the threads for the last hour or two. It looks as though people are prepared to give an honest opinion, which is good, so please don't be too harsh with my question:
I notice that a lot of advice is given to "rent for 6 months to a year" before buying and also that you really need to have a "reasonable source of income" in order to live in the dominican Republic. This is obviously sound advice but my question is (and it's been a long time coming I know)... With no mortgage to pay...what is the general concensus of the figure that represents "a reasonable amount"? My wife and I are looking at various options around the Caribbean for an early retirement and the Dominican Republic is one of those options.
Many thanks!
|