Residencia Permanente en Calidad de Inversionista
The Residencia Permanente en Calidad de Inversionista is the Dominican Republic's investment residency program, granting permanent residence to foreign nationals who invest a minimum of US$200,000 in the country. Established under Ley General de Migración No. 285-04 (Article 33) and regulated by Decreto No. 631-11, the program bypasses the standard temporary residency requirement and grants permanent residence directly. It is jointly administered by the Dirección General de Migración (DGM), the Ministerio de Relaciones Exteriores (MIREX), and ProDominicana (formerly CEI-RD), which certifies the foreign investment. Notably, investors who hold permanent residence may apply for Dominican citizenship after just six months of continuous residence under Ley No. 1683 de Naturalización — one of the fastest investment-to-citizenship pathways in the world.
- Minimum investment of US$200,000 (or equivalent in national or international currency accepted by the Central Bank)
- Investment must be registered with CEI-RD/ProDominicana or CNZFE (for free zone investments) within 180 calendar days of the investment being made
- Acceptable forms of investment: capital contributions to a commercial company; certified investment projects approved by CEI-RD; free trade zone projects certified by CNZFE; real estate; financial instruments with depository bank certificate; or contributions in currency, property, financial instruments, or technology per Ley 16-95
- Investment must be maintained throughout the residency period; failure to maintain it is grounds for revocation
- A Dominican bank account is required
- Completed application form (via DGM portal)
- Valid passport (minimum 6 months validity) plus copy
- Visa de Residencia (RS) from MIREX
- Original birth certificate (apostilled or legalized, translated into Spanish)
- Six 2×2 photographs (frontal view, white background, no jewelry, ears uncovered)
- Certificate of no criminal record from country of origin or countries of residence in the last 5 years (apostilled/legalized, translated)
- Marriage certificate, declaration of single status, or proof of cohabitation (apostilled/legalized)
- Foreign investment certificate issued by CEI-RD/ProDominicana or CNZFE
- Letter of incorporation into the Foreign Investment Program
- Bank letter confirming a Dominican bank account
- For company shareholders: administrative board act (original and copy)
- For financial instrument investments: certificate from the depository bank
- Guarantee/repatriation policy (póliza de garantía) from a DGM-authorized insurer
- Medical examination results from a DGM-authorized institution
The initial permanent residence card is valid for 1 year. The first renewal grants a 4-year card; subsequent renewals are every 4 years. Renewal requires updated foreign investment certification or bank statements proving the investment remains in place. After 10 years, a long-term card is issued. Residency is revoked if the investment is no longer maintained.
Spouse, unmarried children under 18, disabled adult children, university students, and persons under legal guardianship may be included. Each dependant benefits from the same preferential immigration regime without needing to meet standard temporary residency timelines. Each requires their own documentation package and medical examination. Under Ley 171-07, dependants require an additional US$250/month in proven income from the main applicant.
The Dominican Republic uses a territorial tax system. Under the general regime, foreign-source income is not taxed during the first three years of residency. Investors who qualify under Ley No. 171-07 receive permanent exemptions including: no income tax on foreign-source income; exemption from the 3% real estate transfer tax on the first property; 50% reduction in annual real estate property tax; 50% reduction in mortgage registration tax; exemption from taxes on dividends and interest; and import duty exemptions for household goods, equipment, and one vehicle (non-transferable for 5 years).
The process spans three government agencies:
- Investment registration: Register the foreign investment with CEI-RD/ProDominicana (or CNZFE for free zone investments) within 180 days of making the investment. Submit proof of capital entry, incorporation documents, and investment details to obtain the foreign investment certificate.
- Visa de Residencia (RS): Apply at the nearest Dominican consulate or MIREX, submitting a visa request letter, passport (minimum 18 months validity), birth certificate, CEI-RD investment certificate, and photographs. The consulate forwards the request to MIREX for final decision. The visa costs US$200.
- DGM residency application: After entering the Dominican Republic with the RS visa, register on the DGM portal (personal.migracion.gob.do), complete the online application, upload scanned documents (.jpg format), and pay fees (DGM file deposit: RD$3,500; medical exam: RD$6,300). Submit original documents at DGM offices within 30 days of entry and undergo the medical examination within 3 days of payment. Processing takes up to 45 working days by regulation, though practical processing times of 3–4 months are common.
Upon approval, the investor receives a Carnet de Residencia Permanente valid for 1 year and must register with the Dominican tax authority (DGII).
Other Visa Programs in North America
Country↑ | Program↕ | Income↕ | Investment↕ | Capital Required↕ | Duration↕ | Dependants↕ | Citizenship↕ | Compare | |
|---|---|---|---|---|---|---|---|---|---|
🇦🇮 Anguilla | Residence by Investment | — | $150,000 one-time | — | Permanent | Yes | Yes (5yr) | ||
🇦🇮 Anguilla | Work from Anguilla Certificate | No official minimum incom... | — | — | 91 days — 1 year | Yes | — | ||
🇦🇬 Antigua and Barbuda | Citizenship by Investment Programme | — | $230,000 one-time | — | Permanent | Yes | Yes | ||
🇦🇼 Aruba | Investor/Shareholder Residence Permit | — | $140,000 one-time | — | 1 year | Yes | Yes (5yr) | ||
🇦🇼 Aruba | One Happy Workation | No specific minimum incom... | — | — | 7 days — 90 days | Yes | — | ||
🇦🇼 Aruba | Retiree / Interest Rate Earner Residence Permit | $28,000 / year | — | — | 1 year | Yes | Yes | ||
🇧🇸 Bahamas | Bahamas Extended Access Travel Stay (BEATS) | No specific minimum incom... | — | — | 1 year — 3 years | Yes | No | ||
🇧🇸 Bahamas | Economic Permanent Residence Certificate | — | BSD 1,000,000 one-time | — | Permanent | Yes | Yes (10yr) | ||
🇧🇸 Bahamas | Permit to Reside (Independent Economic Resident) | No fixed minimum income. ... | — | — | 1 year — 5 years | Yes | — | ||
🇧🇧 Barbados | Special Entry and Reside Permit (Category 1: High Net Worth Investor) | — | $2,000,000 one-time | — | 5 years — Permanent | Yes | Yes | ||
🇧🇧 Barbados | Special Entry and Reside Permit (Category 2: Retired Property Owner) | No fixed minimum income a... | — | — | 5 years — Permanent | Yes | Yes | ||
🇧🇧 Barbados | Welcome Stamp | $50,000 / year | — | — | 1 year | Yes | Yes | ||
🇧🇿 Belize | Long Stay Visitor Permit | $75,000 / year | — | — | 6 months | Yes | Yes (5yr) | ||
🇧🇿 Belize | Qualified Retired Persons Incentive Program | $2,000 / month | — | — | 1 year — Permanent | Yes | No | ||
🇧🇿 Belize | Temporary Residence Permit (Investment) | — | $250,000 one-time | — | 1 year | Yes | Yes (5yr) | ||
🇧🇲 Bermuda | Economic Investment Residential Certificate | — | BMD 2,500,000 one-time | — | Permanent | Yes | Yes (5yr) | ||
🇧🇲 Bermuda | Global Entrepreneur Work Permit | — | — | No fixed minimum capital ... | 1 year | Yes | — | ||
🇧🇲 Bermuda | Permission to Reside on an Annual Basis | No fixed minimum income p... | — | — | 1 year — 5 years | Yes | No | ||
🇻🇬 British Virgin Islands | Right to Reside Permit | No fixed minimum; must de... | — | — | 1 year | Yes | — | ||
🇨🇦 Canada | Digital Nomad Policy | No minimum income thresho... | — | — | 6 months | Yes | — | ||
🇨🇦 Canada | Quebec Immigrant Investor Program | — | CA$1,200,000 one-time | — | Permanent | Yes | Yes (3yr) | ? | |
🇨🇦 Canada | Self-Employed Persons Program | — | — | — | Permanent | Yes | Yes (3yr) | ? | |
🇨🇦 Canada | Start-Up Visa Program | — | — | CA$75,000 one-time | Permanent | Yes | Yes | ? | |
🇰🇾 Cayman Islands | Certificate of Direct Investment | — | $1,220,000 one-time | — | 25 years | Yes | Yes | ||
🇰🇾 Cayman Islands | Certificate of Permanent Residence for Persons of Independent Means | — | $2,440,000 one-time | — | Permanent | Yes | Yes | ||
🇰🇾 Cayman Islands | Residency Certificate for Persons of Independent Means | — | $1,220,000 one-time | — | 25 years | Yes | No | ||
🇰🇾 Cayman Islands | Zone Employment Certificate | — | — | $15,000 one-time | 5 years | Yes | — | ||
🇨🇷 Costa Rica | Digital Nomad Visa | $3,000 / month | — | — | 1 year — 2 years | Yes | No | ||
🇨🇷 Costa Rica | Residencia Temporal Inversionista | — | $150,000 one-time | — | 2 years | Yes | Yes | ||
🇨🇷 Costa Rica | Residencia Temporal Pensionado | $1,000 / month | — | — | 2 years | Yes | — | ||
🇨🇷 Costa Rica | Residencia Temporal Rentista | $2,500 / month | — | — | 2 years | Yes | — | ||
🇨🇺 Cuba | Real Estate Resident Visa | — | No fixed minimum investme... | — | 1 year | Yes | — | ||
🇩🇲 Dominica | Work In Nature Extended Stay Visa | $50,000 / year | — | — | 18 months | Yes | Yes | ||
🇩🇴 Dominican Republic | Residencia Permanente en Calidad de Inversionista | — | $200,000 one-time | — | 1 year — Permanent | Yes | Yes | ||
🇩🇴 Dominican Republic | Residencia Permanente en Calidad de Jubilado o Pensionado | $1,500 / month | — | — | 1 year — Permanent | Yes | Yes | ||
🇩🇴 Dominican Republic | Residencia Permanente en Calidad de Rentista | $2,000 / month | — | — | 1 year — Permanent | Yes | Yes | ||
🇸🇻 El Salvador | Definitive Residency for Investors | — | Investment or donation to... | — | Permanent | Yes | Yes (5yr) | ||
🇸🇻 El Salvador | Freedom Visa | — | $1,000,000 one-time | — | Permanent | Yes | Yes | ||
🇸🇻 El Salvador | Temporary Residency for Pensioners | $1,226 / month | — | — | 1 year — 5 years | Yes | — | ||
🇸🇻 El Salvador | Temporary Residency for Rentistas | $1,460 / month | — | — | 1 year — 5 years | Yes | — | ||
🇬🇩 Grenada | Citizenship by Investment Programme | — | $235,000 one-time | — | Permanent | Yes | Yes | ||
🇬🇩 Grenada | Remote Work Permit | $37,000 / year | — | — | 1 year — 2 years | Yes | Yes | ||
🇬🇹 Guatemala | Permanent Residence for Rentistas or Pensioners | $1,250 / month | — | — | Permanent | Yes | Yes (5yr) | ||
🇬🇹 Guatemala | Temporary Residence for Intellectuals, Researchers, and Scientists | — | — | — | 1 year — 5 years | Yes | — | ||
🇬🇹 Guatemala | Temporary Residence for Investors | — | $100,000 one-time | — | 1 year — 5 years | Yes | — | ||
🇬🇹 Guatemala | Temporary Residence for Self-Employed Workers | — | — | No minimum capital requir... | 1 year — 5 years | Yes | — | ||
🇬🇹 Guatemala | Temporary Residence for Workers with Foreign Employer | $2,000 / month | — | — | 1 year — 5 years | Yes | Yes (5yr) | ||
🇭🇳 Honduras | Investor Residency | — | $50,000 one-time | — | Permanent | Yes | Yes | ||
🇭🇳 Honduras | Pensionado Residency | $1,500 / month | — | — | 2 years — Permanent | Yes | Yes | ||
🇭🇳 Honduras | Rentista Residency | $2,500 / month | — | — | 2 years — Permanent | Yes | Yes | ||
🇯🇲 Jamaica | Permanent Residence (Retirement) | No fixed minimum income t... | — | — | Permanent | Yes | Yes (5yr) | ||
🇲🇶 Martinique | Talent Porteur de Projet — Business Creation | — | — | €30,000 one-time | 4 years | Yes | — | ||
🇲🇶 Martinique | Talent Porteur de Projet — Innovative Economic Project (French Tech Visa) | — | — | No minimum investment req... | 4 years | Yes | — | ||
🇲🇽 Mexico | Permanent Resident Visa for Retirees and Pensioners | $7,400 / month | — | — | Permanent | Yes | Yes (5yr) | ||
🇲🇽 Mexico | Temporary Resident Visa by Economic Solvency | $4,432 / month | — | — | 1 year — 4 years | Yes | No | ||
🇲🇽 Mexico | Temporary Resident Visa for Investors | — | $299,000 one-time | — | 1 year — 4 years | Yes | Yes (5yr) | ||
🇲🇸 Montserrat | Permit of Economic Residence | — | EC$400,000 one-time | — | 5 years | Yes | Yes | ||
🇲🇸 Montserrat | Remote Employment Stamp | $70,000 / year | — | — | 1 year | Yes | — | ||
🇨🇼 Netherlands Antilles | @Home in Curacao | No official minimum incom... | — | — | 6 months — 1 year | Yes | — | ||
🇨🇼 Netherlands Antilles | Investor Permit | — | Cg. 500,000 one-time | — | 3 years — Permanent | Yes | Yes (5yr) | ||
🇨🇼 Netherlands Antilles | Rentier or Retired Residence Permit | ANG 3,000 / month | — | — | 1 year | Yes | — | ||
🇳🇮 Nicaragua | Investor Permanent Residence | — | $30,000 one-time | — | 5 years | Yes | Yes (2yr) | ||
🇳🇮 Nicaragua | Residencia Temporal Pensionado | $600 / month | — | — | 1 year | Yes | — | ||
🇳🇮 Nicaragua | Residencia Temporal Rentista | $750 / month | — | — | 1 year | Yes | — | ||
🇵🇦 Panama | Permanent Residence Permit for Retirees and Pensioners | $1,000 / month | — | — | Permanent | Yes | Yes (5yr) | ||
🇵🇦 Panama | Professional Foreign Residence Permit | — | — | — | 2 years — Permanent | Yes | Yes (5yr) | ||
🇵🇦 Panama | Qualified Investor Permanent Residence | — | $300,000 one-time | — | Permanent | Yes | Yes (5yr) | ||
🇵🇦 Panama | Short Stay Visa for Remote Workers | $3,000 / month | — | — | 9 months — 18 months | No | No | ||
🇰🇳 Saint Kitts and Nevis | Citizenship by Investment Programme | — | $250,000 one-time | — | Permanent | Yes | Yes | ||
🇰🇳 Saint Kitts and Nevis | Temporary Residence Permit | No specific minimum incom... | — | — | 6 months — 1 year | Yes | — | ||
🇱🇨 Saint Lucia | Citizenship by Investment Programme | — | $240,000 one-time | — | Permanent | Yes | Yes | ||
🇱🇨 Saint Lucia | Live It Extended Stay Program | No minimum income require... | — | — | 1 year | Yes | No | ||
🇵🇲 Saint Pierre and Miquelon | Visitor Temporary Residence Card | €1,443 / month | — | — | 1 year | Yes | Yes (5yr) | ||
🇹🇨 Turks and Caicos Islands | Independent Means Residence Permit | No fixed minimum. Must de... | — | — | 1 year — 3 years | Yes | — | ||
🇹🇨 Turks and Caicos Islands | Permanent Residence Certificate (Investment) | — | $300,000 one-time | — | Permanent | Yes | Yes | ||
🇹🇨 Turks and Caicos Islands | Self-Employed Work Permit | — | — | No fixed minimum capital ... | 1 year — 5 years | Yes | — | ||
🇺🇸 United States | EB-1A Extraordinary Ability | — | — | — | Permanent | Yes | Yes (5yr) | ||
🇺🇸 United States | EB-2 National Interest Waiver | — | — | — | Permanent | Yes | Yes (5yr) | ||
🇺🇸 United States | EB-5 Immigrant Investor Program | — | $800,000 one-time | — | Permanent | Yes | Yes | ||
🇺🇸 United States | International Entrepreneur Parole | — | — | $311,071 one-time | 30 months — 5 years | Yes | — |