What You Can Get For $1000 In Dominican Republic
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- Опубликовано: 4 июл 2024
- So this is Dominican Republic Money, and when I use to go to DR and I had money left over I would just leave this money behind, I stopped doing that because I’m coming back. Right now the exchange rate is about for $1 Us dollar you get $53 Pesos, which means I have $2000 peso and in US dollars that would be $37.73.
The way my mind works, is when it comes to money I’m extremely calculated, I even calculate the things I didn’t calculate, its call my just incase money. So for this video, if all you have is $1000 a month and you want to live in DR, I’ll tell you what that gets you.
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1. Average Salary and Middle-Class Salary
-This is extremely important, a lot of people go to places not understand how much money is really worth somewhere else
-Its like someone going from living in Manhattan for $3000 apartment and then going to DR and not realizing that they can live off $3000 for 2-3 months no problem
-So to gauge how much you need to make I always use the People that already live there not that people that are going to move there
For example, in DR:
-You can get paid anywhere from $12-16k pesos per month and people that make above that usually make very good money
-So to put that Into perspective, that means that $1000 in dr is the like $53k pesos
Which means that’s 3.3 times more than those people
However: if you are an idiot, or if you can afford to live better, you might compare yourself to the rich guy living on a pent house apartment paying 2-4k a month you see
2. Being on Budget
Understand that you only really have 4 main expenses that are needed and 1 that’s needed but optional
First: Shelter - $16k pesos which is $301 per month
Second: utilities - gas, electricity, internet and phone bill lets say $150 a month
Third: Groceries - lets $200 a month
Forth: Transportation - gas let's say $200 month
Total: $851 meaning you still have money to save or to spend on health insurance which is super important
3. The Number One Difference in Cost is going to be This ( do you live with the Locals or with the Rich Locals or people that just want to spend more money )
-Remember there are Big Cost associated with a move like this
-For example you have to save up to Buy a Car, Tickets, and all the stuff in the beginnings
-So although the monthly living cost might be cheap, the actual move might cost 5-10k -depending
Ps. I would never move somewhere without having 3-6 months' worth of expenses just in case
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I live in Samana, DR with 1k a month but I have a mortgage free home. Samana is a tourist area. I love it here 😍🇩🇴
I wonder what's the average monthly payment for a okay job like a bank teller or in the same bracket.
Tu tiene wasap?
@@JayLovez28 Not much is around 300 us
Love it too but not during Easter weekend unless you live all the concert and it being super packed. During that time I usually go to Santo Domingo
@1jtheskoolkid not so good , on average they make about $500a month get a remote job in the us
$1000. If you are a single person moving to DR, it's best to rent a studio or a one bedroom apartment. If you live with the locals, your rent might be a$200-$240 per month for a small apartment. Also, there is no need to buy a car in DR, a lot of people drive recklessly over there. Sell everything before you move down there. Just take with you your electronics and two to four suitcases. There is no reason to spend $10.000 on relocating fees. Put that money in a dominican bank account. Live there at least two to three years before buying any property.
Health insurance is a must. Finally, I think it would make life easier for you to have a budget north of $1500.00 per month. You only live once brother so a budget of $2500 would be ideal. But some foreigners make it there on $1200/$1300 per month.
Great video! I enjoyed it so much. Highly recommend this video to anyone moving to the D.R.
1000! I always have to watch everytime you post Tommy! Nothing but wisdom!
Thank you 🙏
this is EXACTLY what i was looking for!!
1000! Great info I plan on living in a Caribbean country part time when I retire.
I loved it 😍
Very informative
I will be looking for more
Keep it 1000!!!
Good job brother....
Great info!!×
Loving this content!
Thank you...this video was very informative...I plan to move from the US and live in Santiago with a brother-in-law that also lives there and yes my plan is to rent a 2 or 3 bedroom, furnished, apartment or house but I didn't have the numbers that you give in this video...Now I know what US$1,000.- or more can do for me in achieving that goal without breaking my bank...so let me pack and I'll be on my way...Thank you for awesome information...Nos vemos aya...
1000 very informative. Thank You
luv this
Good info Brotha 💪🏾👍🏾#1000
Ty!
U the Man of common sense, Im going to subscribe to your channel because I’m learning a lot about this video 😊
I stay in the Baoruco Province when I visit DR, I spend about $20 a day. Food for the whole day is basically free from family unless I go out, liquor only costs about $8 for a bottle of brugal
Romo romo
Mouching from family is free
Outstanding video...........
Nice video my youth Bless up💯
I like your theory this helps me plan my trip
Good job brother
Nice bro 🤞
Very good information to know! Thank you
Thanks
I like these videos 1000% 👍
I appreciate the content Brodie you making this move easier
Exellent info! Cant wait to gey the5e
awesome video 1000!
Please do Bali next! 💚
I'm new to trading and I don't really understand how it works. I need a guide on the right approach to investing and making good profits from trading investments, does anyone know someone please??
I totally agree. Look for a professional trader to trade for you, that will minimize losses, that's the best way to make good profits
I'll recommend my current trader, Mr Chris Stewart? He's really helped me a lot and I've been making very good profits since I started trading with him
I'm glad I started trading with Mr Chris, my life has been transformed positively since I started trading with him
I invested last week and got my turnout this week. I just made 19,386 USD extra. Mr Stewart is really good at what he does
I never thought I'd trust any online trader, but I'm glad I found Mr Stewart, he's helped me a lot
I liked your video very much. Very realistic and informative. Very well calculated. I live in Puerto Plata and my apartment on the second floor has 2 BRs. Balcony with a view of the bay. We sit in the balcony and enjoy the cruiseships coming to Port. One of the taxi companies we take, has mini-bars in the car for a better ride. The view is spectacular from the roof of my apartment. The sky is clear most nights and you can see everything up there. My rent is about $15000 pesos. Don't worry about hurricanes because they get weak by the time they get to Puerto Plata. Love it. BTW, I am a veteran and we have like 4 or more veteran clinics in the area. Thank you.
Estamos aquiiiiii! 🇩🇴🇩🇴
Ayee 🇩🇴
🇩🇴🇩🇴
Smart dude glad I found you😂 and thanks
Got you 😎
Fantastic, as a soon to be retired nurse I am definitely looking for something like this budget…I am very impressed by your skill… Thanks for sharing.keep it up… You are doing great work…
Good video 1000
Rule of life : if you work remotely or have an online business , just move out of north America and Europe... You will be amazed how well you will live in Latin America and Asia on a $1000 monthly budget
What are some good recommendations of remote jobs besides customer service?
@@J__7777 Tech and Marketing
Love the video,I'm catching a plane right now
thank u for this video n i can't wait to leave the US once i get established.
Suriname 🇸🇷 thank you
First time hearing about this one
TOMMY BRO I SWEAR YOU GOT ME THINK REAL HARD ABOUT MOVING TO MY HOME LAND ATLEAST FOR 3 TO 5 YEARS. I KNEW MOST OF THESE THING BUT I DID REALLY FOUND IT RELEVANT AT THAT NAIVE TIME OF MY LIFE LOL.
Do it!
I'm dominican and you know more than me all that informations very useful because i live in jersey so i think to move when i got my pensión.
That sounds good 😎
This was great! Very informative, intriguing, and motivating. I'd like to see a video on different investments in the Dominican Republic besides real estate, for us who would like to go for more of a long-term.
1000, money stretches further in other countries. Do a video on Africa.
1000
Great advice
Thanks 🙏
I am always worried about your safety when you show bundles of money on your platform. I just want you to be safe. You're a wise young man. Keep the videos rolling. ♥️
In the Dominican Republic nothing will happen to you for talking or showing videos with money because the people who steal here in the Dominican Republic are uneducated people, they do not understand English and they do not watch educational or informative videos like this one.
Good 👍🏾
😎
I used to do the same. Give the money away before I leave. It was silly. Now I keep for when I return.
Madagascar Africa ..would be a interesting one to do
thousand
I haven’t been to our country in 10 years 🤣🤣 I have to go over there
Amazing and informative video. Continue giving us these videos. Could you include how wheelchair accessible these Places are for individuals such as myself. Thanks again....Do "Thailand"
In the Dominican Republic we don't have many wheelchair options but living here you can hire a girl to help you with everything.
the cost of this service is around 200 or 300 dollars per month. The girl cooks for you and cleans the house for you.
Great advice on the health insurance. It's absolutely necessary. I've been going there for 10 years or more and have had at least four accidents the last one cutting my finger and stitched up in the emergency room.
1000 and nice high level introduction but some things you need to go into deeper especially in the DR, take cellphone service it is not like in the USA, you load your phone with minutes and bandwidth once it is exhausted you need to reload, there is no overcharged to pay, once out you are dead in the water. Also the majority of these $25-350 apts don’t have A/C, Stove,or refrigerators and that cost is on the renter to furnish. So the A/C are wall units, you want to cool the whole apartment think buying multiple a/c units, and lastly make sure the place has hot water, this is not always automatic.
They have cell phone plans for the month just like usa.
I’ve also heard that it’s cheaper to live in another state other than California. Can I request a video where you break down the cost of living in other states?
Hey Tommy i enjoy your channel alot, thats one of my dreams live on DR again but i cant find a remote job is there any chance you can make a video of remote jobs 🙌🏼☺️
I also want a remote job and I live in the Dominican Republic. To get a remote job easily, it would be good to study programming or other things that have to do with technology.
1000!🎉🎉🎉
Do Jamaica next 🇯🇲
Breh really snuck in the that's what she said line
lol we are not about to move past "that's what she said" part with a blank face, I can imagine how much you were smiling in your head. 🥴 Hope DR treats you well like I would!!
So you're a freak freak 👀
They are lol
Great video. Your being honest. Some others make videos saying you need 2000 us. You are so on point. Great video. I'm planning to move out there in 2 years.
Can you do Belize 🇧🇿?
Go to Medellín Columbia next
That’s a good idea
1000
You need to break down Health Insurance options? Maybe Best middle class areas in DR to relocate or How much it cost & How to build a Forever home 🏠 in DR ? Just some 💡 ideas
Thank You,nice for retirement!
Big time
The Dominican Republic Economy is booming too , I would invest if I was anyone !!
But how without getting scammed
You hired a legit realtor
1000 🙏🏽💯
Lost it at "that's what she said" 😂😂
Me too he slipped that in real nice 😂😂😂
Lol 😂
@@kennethmcdougal4216 that's what she said 🤣
I am really looking into moving to DR. I am really interested in knowing the straight-up truth about Las Terranas.
I would greatly appreciate it.
I've been thinking about moving there. My only concern is hurricanes (since DR is so small)
I’ve learned that any place can be hit with a natural disaster, and for the most part houses are built for that here
I was in the DR during a hurricane and it just rained a lot and occasionally the street would flood then drain within a couple days
@@AxelKristoff-zm6cg yup
FL too!😂
Unless you live in a very precarious condition, huracanes are not that dangerous...but be prepared to experience at least a month without electricity if you get hit by a big one
De lo mío 🇩🇴
1000…costa rica and Panama…thanks bro! 😊
Brother I was inspired by this video I live in NY but stay in DR for months at a time I’m really inspired by you and would like to know if you could leave me in the right direction to have some residual income out here my plan is to eventually move here
1,000 boooom
You should do a video on Mexico
Can you do Colombia ? 🇨🇴
Great video! 1000 USD
Thanks for the information good video and a need studio apartment the a paid 200 us my retirement is 900 us and tide but a want to move next year and try start again a confront Puerto Rico a live naw in alabama and the tent is my complete check is terrible a need to do this fast sent some videos studio apartment 🙏 thanks
You can move to DR on 900 a month definetly. Why live like shit in usa. Food is 1/5 the price.
1,000 good video
That’s what she said
Jajaj I was 😅🇩🇴🇩🇴🇩🇴 thanks for the content .
Always
I'm looking to travel to DR soon which part would you recommend for someone first time coming
So you are still filming from Puerto Rico, Hurricane Fiona did not affect you at all, good to know the drift
1000! I actually build houses and apartments in DR to rent out, you guys are lucky rent is so cheap, because construction is not, at the rate the rent is out there, it takes 10-20 years to get back the money you invested in building an apartment. so, yeah moving out there if you got dollar is a good ideal, your dollars will go a long way. not only is rent cheap, I find food very cheap also.
El Paso , Texas
Shhhhhhh don’t kill it.
1000 your videos really got me thinking bro time to do better. 💯
More possible than a lot of think, that’s why the numbers are so important
Im 21 i plan on saving and going there for maybe a week
Need a link to the apartment finder in Dominican
Do a video on Malaysia where you don’t need a car…
1000. Can you do a video on Panama. The US is getting too expensive. Apartments in the hood should not be $1500.
I still give whatever Dominican money I have left.
Beliz and Panama
$1000...Can you share the name of some good areas in the DR for living? Thanks
How do you get medical insurance? Any recommendations? Thanks!
Hey tommy ? For you. You work on your computer 95% of the time. How are you going to manage with that dsl Type of internet in DR?
1000. Yeah, IDK. The allure of DR is to live near a beach or have a house on a mountain. I get that you have family and that's awesome, but who wants to live in a little apt far from the beach or cool places to go?
What’s the name of the website tommy
Great video
1,000usd you will be more then thriving
Uber and Indriver Work very Good
Cars are way over priced
Not overpriced, just huge import tax
What about buying a car out there for a cheaper price and shipping in to another island
What is a good place to stay for a week in Punta Cana?
Tommy where can i search reasonable lease to own apartments in dr am considering moving and i want to skip rent and rather invest in my own place. Regardless a site would be great
Tommy Bryson , my boy , I was just talking about you
🙌
What city were you in?
Does this budget also include you need to purchase the car first? I would assume that gas, insurance and car note would be more than 200 a month even in DR. Please elaborate.
Here in DR if you don't want to buy a car you can use uber. And if you want to buy a car, there are cars from $6,000 and up.
Car insurance here is very cheap, the basic one is 45 dollars every year.
Intermediate insurance costs $300. every year.
the best insurance of all costs $600 each year.