Quote:
Originally Posted by sweetdbt
If you have an itch to invest money in the DR, a much simpler, and likely safer and more profitable route would be to simply put it in CDs in the Banco Central or open an account in an investment house like Anoeca. 16% interest on peso accounts is obtainable. This would pay the equivelant of over $1700.00 on a $130,000 deposit, and you wouldn't have to worry about maintaining the apartments or keeping them rented.
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I need to disagree with this because of the use of phrases such as "likely safer", "more profitable route" and "wouldn't have to worry about maintaining.."
A great deal has been posted here in the past about investing in peso accounts and OP should research VERY throughly.