How long does it take to get a residency?
Provisional residencies can be obtained by law firms for clients in 4 to 6 months. Provisional residency is granted for a year and only at the expiration of that year can the application for permanent residency be filed. It takes approx. 2-3 months after filing for the permanent residency to be granted. Therefore, minimum time for a permanent residency = 4 months + 12 months + 2 months = 18 months
Are proxy divorces possible by Dominican law?
No. At least one of the couple needs to travel to the DR for the divorce. The other couple needs to provide written legalized consent to the divorce. US citizens cannot file for divorce by proxy in the Dominican Republic. For more information on divorces, see
Divorces
If I extend my stay over the 30 period tourist card, what happens?
Nothing. You have to pay a penalty. The scale starts at RD$300 for up to 90 days and RD$2,000 for up to a year. The maximum is RD$15,000 for more than five years. See Migration
What kind of businesses can be incorporated?
Dominican law only recognizes three kinds of business forms. These are a corporation of at least seven shareholders and an individually owned company or a partnership.
What is the difference between a compañía por acciones
(CxA) and a sociedad anónima (S.A.)?
Legally they are the same thing.
|
