Discover the Easiest Way to Invest in the Dominican Republic!
HTML-код
- Опубликовано: 8 мар 2023
- If you're interested in investing in the Dominican Republic, then this is the video for you! In this video, I'm sharing with you the easiest way to invest in the Dominican Republic, using certificates of deposit (CDs).
CDs are a great way to invest, because you get a fixed rate of interest on your money. Plus, you can usually get interest rates that are much higher than the interest rates offered on other kinds of investments. In this video, I'll show you how to invest in CDs in the Dominican Republic, and help you find the best rates available!
#certificadofinanciero #dominicanrepublic #dominicanrepublicwomen
Here is a list of properties I manage in Santo Domingo, Puerto Plata, Bani, and Punta Cana if you're planning a trip to the Dominican Republic.
AirBnB Properties
www.airbnb.com/h/santodomingo... (Santo Domingo)
airbnb.com/h/zalazarholdings2 (Punta Cana)
airbnb.com/h/zalazarholdings1 (Punta Cana)
airbnb.com/h/zalazarholdings4 (Puerto Plata)
airbnb.com/h/zalazarholdings3 (SantoDomingo)
airbnb.com/h/zalazarholdings7 (Juan Dolio)
airbnb.com/h/pop3mintolongbeach (Puerto Plata)
Business Email (Business Inquiries Only)
norberis@norberisr.com
**OFFICIAL WEBSITE**
www.norberisr.com
**OFFICIAL RELOCATION WEBSITE**
MY MOVE DR
www.mymovedr.com
**OFFICIAL TRAVEL WEBSITE**
Amor Luxury Travel by Norberis
www.amorluxurytravel.com
**MY OFFICIAL EBOOK**
It's All Here: Dream, Explore, & Discover The Dominican Republic***
www.amazon.com/dp/B0868X77W3
**SHOP MY AMAZON STORE**
NOX RELAX
www.amazon.com/shop/norberisr.?
// HOW TO SUPPORT MY CHANNEL
PayPal
www.paypal.me/NorberisR
Cash App
cash.app/$drepublic1
// CHECK OUT MY PLAYLIST
Dominican Culture
• Dominican Culture
Swimsuit Hauls
• Try On Fashion Hauls
Teaching Dominican Spanish
• Learn Spanish Fast and...
Easy Dominican Recipes
• Dominican Cooking & Re...
Amazon FBA - Retail Arbitrage
• Amazon FBA - Retail Ar...
// MY RECOMMENDED EQUIPMENT
Canon E50
amzn.to/3qr50yH
Canon GX7
amzn.to/2pBiPR1
Joby Gorilla Pod
amzn.to/3270etp
APEMAN Action Camera
amzn.to/2JEj3gW
Camera Lighting
amzn.to/3270EQv
Ultra Bright LED right
amzn.to/2VNLn83
I am 17 years old and I am interested in visiting the Dominican Republic. Especially for investment! Thank you for these videos 😊 I appreciate it
That is great your are young and interested in investing now.
Now this is probably one of the best videos about alternate ways to invest in DR that I've seen. Way to go mi amiga!! Keep them coming!
Thank you so much!! I glad you found this helpful.🤗🇩🇴
I’ve recently started to travel from the US to the DR and this information is good for me to start investing because I do invest in the United States so thank you so much for this. Plus the outtakes are everything super funny!
🤣 You're welcome. Glad it was helpful!
I'll be there in may , can't wait!!
But look into commercial paper investments. The DR stock market. Is doing well, Norberis is giving good advise. 🙂
Thank you for this valuable information 🙏🏾
You are so welcome 😁
Wow!! Thanks so much for the information! You are so awesome!
You are so welcome!!
This was great information! Thank you!!
You are so welcome!🤗🇩🇴
This was so informative! Thank you so much!!
You are so welcome!
Great information thanks another great video, thanks
You're welcome 🤗
Good Information as usual. Thank you
You bet👍🏼
Excellent information thank you once again. ❤
You are so welcome 🤗
Thank you for this video! Excellent information.
Glad it was helpful!🤗
Great video. A lot of great information. Thank you.
Glad it was helpful!!
👍👍👍
I’m researching now. Very informative! Thanks for the upload!!
👍👍👍
You're welcome.
People make it complicated she is explaining in pesos and dollars. (FOR BANCO SANTA CRUZ) Pesos being the best option to invest since it would give you the highest % return of 8.2%. For example 1million pesos is $18,100US. So since IN PESOS is that you would get the highest return 8.2% gain a year on that 1 million which is equal to $82,000 thousand PESOS. Which is $14900US of profit per year on the initial investment of $18,100. Now would be $19,500 at the en of the year. That’s how much profit you generated. $1400US dollars dividend by 12 months it’s $116US. That’s a profit of $6000 PESOS per month. GREAT TO grow your money passively like she said. But don’t think that you can live out of that money . Like she said unless you have a very large initial investment. Hope it helps. (If you decide to invest in dollars the % it’s a lot less so you would be making a lot less). With an investment of around $10,000,000 million pesos =$190,000 dollars, you can make a profit of $820,000 pesos which is $14,000US a year = $1,200US/month = $68,000 pesos. Which a single person that own it’s house and has low expenses can live off. 😊
You understood exactly. Thanks for breaking it down.
Norberis, you are doing us all a wonderful service. Excellent videos and presentations with a professional polish. 🎉
Thank you very much! I really appreciate it.
Very informative video. Thank you!!
You are so welcome!!
👏👏👏 Very sound information. Gracias.
You are welcome!!
You ROCK!!!! Thank you for the information you share. Knowing about the money is important rather in dollars or pesos.
Absolutely!!🤗🇩🇴
Thanks for your information
You're welcome 🤗
You and your husband are the best ! Gracias
😊 thank you
Very good, thank you very insightful for when I pay off my current auto loan I plan to start investing with a bank in dominican republic.
Great advice .
Glad it was helpful!🙏🏾
Love this video
Thank you, glad it was helpful.
Great info. Blessins
Thanks for watching!
Definitely great content! Kudos to you guys for providing this amazing investment opportunities in The Dominican republic 🇩🇴
You're welcome.
I really appreciate this video. I’m a entrepreneur always looking for ways to diversify my $!! and currently making the transition to move to DR with my wife in the next few years. We have land and businesses there.
You're welcome. Congratulations on your future move.
Good stuff in this video. The out takes just keep getting better, particularly the clip where you look at your notes with the duck lips 💋 😂 💯 nice editing nephew
Glad you enjoyed it! 🤗😁
Great info
Glad it was helpful!👍🏼
👏👏👏👏👏👏
Excellent,excellent information Norberis. With a combination of all the different options. Any person can choose one or multiple options to finance their permanent stay in the Dominican Republic. I am still waiting to hear about the Dominican stock market though. No pressure 😁😁😁.
Thank you. I will see if I can get some information on the Dominican stock market.
I love the bloopers ending 😆
😂🤣thank you.
Awesome info
Glad you liked it🤗🇩🇴
Interesting, I'm just coming across this video and I have a BSC account. Thanks
You're welcome.
I am there now...And it was the best vacation in my life...Investing seems like the perfect idea!
Glad you enjoyed yourself. Investing in always a perfect idea😁🇩🇴🇩🇴
this is simular to G.i.c. in tangerine bank ! im canadian .
Smart ! good film
Thank you.
Thanks!
As always thanks for the support ☺️
Good information
Thanks🤗🇩🇴
👏🏽👏🏽👏🏽 Thank you Norberis this is another great, informative video ... Does any DR bank offer Ingles speaking bank staff for foreign customers❓
You're welcome. Yes most banks have someone there that can speak English.
Great video
Thanks!!
Great topic..! Please talk finance/investing a little more.
Thanks👍🏾
Good show on CD's. A different way to make money
Glad you enjoyed it.
Be very careful with real estate. Do not jump into anything fast. For example you can buy a nice villa in the mountains. But did you consider the maintenance? 24/7 summer. paint, rain, mold, seismic activity, landscaping. There is a deal as Norberis says. But you have to do your homework it is complicated.
Thank you so much. I love this🙏. Maybe I should sell my Airbnb properties in the DR and just do this instead. I’d make a bit less money every year, but I’ll also have a lot less daily work to do.
You're welcome. It's worth looking into.
the blooper film.😂🤣😂🤣👍🏾🙏🏽🙏🏽🙏🏽🙏🏽
😁
Gracias
De nada
Hi Norbert’s. Can you make a video talking about how to get to buy a car there in Santo Domingo?
The process isn't difficult. As a foreigner you will need all cash up front. Find the car you want and just buy it. Then you will need to transfer the tag to your name.
I think the 6 month term gives % return per annum. Ie 5 % per annum , and over the term , would be %2.5 return net.
Also, especially if you speak the language or a citizen ex pat you'd be much better off investing in an index fund or dividend shares fund there. ... more upside and more diversification.
Im ready to invest in DR i have family there but they tell me no stay away from dr there's no money but I'm stubborn and I enjoy your video thank you
These people must not be in a good financial position that offer this type of advice.
Wow su inglés falta un poquito más de ayuda leyendo y escuchando más. Música fue mi éxito.
I'm very aware of my English.. Thank you.
@@NorberisR Your English is fine 🙄. I can understand you perfectly. I admire anyone that is bilingual
Ola I'm Eliyahu, I'm going to move to D.R. next month, I was concerned about living to close to the water in the capital, but your presentation calmed my nerves.
🤗
I have biotechnology with bank santa cruise
What is that?
What is the most cost effective way to move money from the United States to the Dominican Republic? I currently use Remitly, but I'm not sure that I'm getting the best exchange rate. Investing in the Dominican Republic seems like a good idea as long as I'm not losing money transferring the money back and forth.
We use Remitly and Xoom to move money. Remitly seems to the be the cheapest now.
Hi thanks for the tips. I will like to buy and re sell Apts in DR can you give me tips about that?
What type of tips?
Additional question. Are the deposits in D.R. banks backed by the Dominican government, similar to the FDIC in the U.S? Thanks for all you do.
Yes the it is secured but to what amount I'm not sure, you will need to ask the representative of the bank to get more details.
@@NorberisR Cool. Thanks
Pon subtítulo te amo❤
Thank you. You should be able to change your caption to Spanish subtitles in your video settings.
Uuuuuu me has dado en que pensar 😆
Muy bien.
Are there any taxes on the interest income in DR? In USA we pay capital gains tax on interest income for CD's
No.
Is the cost of living high in the DR I’m interest in living not to far from Sosua Beach.
Depends on what you consider a high cost of living.
Two things. Are the CD's insured? And the investing in pesos might have risk due to currency fluctuation. Thank you for educating me on the differences.
I need to make sure that the money is insured but I think it is. All investments have risk, since we've been here the pesos has fluctuated around 3 to 4 pesos which is nothing. Looking at past performance of the pesos can help one determine if it's a good investment. I don't think the peso will do what Bitcoin did🤣😂
@@NorberisRI was just curious,you know how we have the FDIC here to insure deposits. You see we just had a bank collapse over here today. As always thank you for the info.
Yes I heard about that bank. I would have to check to see up to what amount they insure your money for.
Biggest problem now, banks wants your social security # & passport.
In my opinion, they report you to IRS & thus, you have to pay taxes on whatever investment you make.
Double taxes.
Here in DGI & USA through IRS.
Couple that with deapresation & inflation, not short if it worth investing
So Mrs .Norberis does this investment apply only if you are living in the Dominican Republic? And how much do banks cover insurance just in case a bank were to fold? How much does the Government tax money earn on interest?
You don't have to live here for this investment. The banks do insure the money but I'm to what amount I'm not sure. You would need to speak to a representative at the bank for more details.
Can you invest even if you do not live in DR say i visit DR and go to the bank will they alow me without DR residency?
Sure you can.
May I invest while living in NYC??
Yes
The most hight rate in Banco Santa Cruz is 4.5 % Anual
Is this pesos or for dollars?
Dollars I was yesterday asking about it In the back and they told that...
I was there last week and they told me the rate I mentioned. Remember the rate changes based on the length of time and much you deposit.
8.2% is a lot. Are CD's insured by the goverment? In the US is insured by the FDIC. I'm gonna assume in DR is insured by the goverment.
Great question, I will look into it.
Hello, love your comments on investment. My question is , is Santa Cruz Bank still offering 8.2% for there CD certificate. Reason I ask is, you can’t find any rates like that here in the US. Based on that information investing 100k to get a return of $8200 sound great. But is it real ?
You have to understand the 8.2% interest is if you invest 5.5 millions pesos which is equivalent to $100k USD. You will earned $451,000 in pesos which is equivalent to $8,200 USD. If you invested the 100k is USD the return rate was I believe around 3%. So with a USD investment you make around $3,000. These are the rates the bank gave me after speaking with them personally. There no reason for me to believe it's not real. Again, reach out to the bank yourself do your own research and determine for yourself if it's real or not.
@@NorberisR I will reach out to the bank. If these are the rates from Transaction in DR peso, it’s well worth it to invest. Someone with $500k US can exchange it to peso and make at least $40k per year. You can possibly make $3300 per monthly, now that’s good money to live off in DR !
I agree. This is how you have to look at it. People like throw in the strength of the pesos. Again you only have to keep it there for a minimum of 1 year to get this type of interest. I don't see anything drastically happening in that one year to the peso.
Do you have a contact person at the bank I want to invest in certificates
I just spoke to an available representative when I obtained this information. There no one in particular I spoke with. If you are in country just go into a branch an speak with a representative. They won't give information over the phone.
wowwwww this is amazingggggggggggg 5.8% return thatssssssssss crazyyyyyyyyyy. You'll never get this type of return from any bank or credit union in the U.S hahaha
I agree.
So let's say someone invests into a certificado financiero at Banco Santa Cruz an amount of 1 million DR Pesos (which is only about USD $18,000) at 8% per year, that 8% itself will produce at least the equivalent of $1,400 per month. That could take care of a large portion of one's living expenses. If one added more (2 million=$36,000) to the Certificado it would absolutely cover everything of a couple's living expenses and one would probably not have to spend anything else except in the case of an emergency.....Norberis, what are the reasons for the good rates in Pesos compared to dollars in the Dominican banks?
Your math is a little off in this example. $1400 is not per month it's per year and monthly and monthly payment were $116
@@NorberisR Yes, you're correct. My mistake.
Is this 8.2% the actual percentage they are offering or was it just an example?
The actual percentage they are offering at the time of my visit.
Norberis, does the INESPRE agency protect foreigners from scamming by doctors, real estate agencies, etc. since these things can have the effect of sabotaging the tourist industry by driving tourists away??
INESPRE is not that type of agency. Why would DR have an institution like this? The way you protect yourself is by doing your research and aligning yourself with the right people.
@@NorberisR I was told that if a person thinks they were overcharged in. hospital they can submit their evidence and INESPRE can investigate and whether they were scammed, such as being kept longer in hospital, given unnecessary tests, charged a Gringo price, and get refunds if proven true. I was also told there is a "tourist police" to protect foreigners.
If I recall you've never visited the DR, correct?
@@NorberisR Yes, you're correct....not yet.
Is it true that with a CD of $200k, a person can get automatic residency? Thanks for all you do.
I'm not sure, that's a question for a lawyer. I have heard that if you make around a $200k or $250k investment in real estate you can get residency but not sure if it's the same with a CD.
@@NorberisR Thanks.
What time of the year is pesos return the highest on the dollar
December
That's a good a question. I didn't know it was a season but worth looking into.
@@NorberisR if you look at the Dominican pesos to us dollars it fluctuate sometimes it's 55 now but back in the early part of February it went to low 57 and high 56
That's interesting. I haven't paid attention.
2023 es ano voy a casarme con Dominicana jovencita en la playa Barahona el lugar ella nació. Después mis Divorcio de 28 anos de la otra Dominicana de San Juan.
The problem is sending the money and make sure is not a scam
Where in this video did I recommend anyone send money anywhere? What serious investor would just send their money to a bank without physically going inside the bank and speaking with a bank representative? Matter of fact I emphasized doing your own research. Doing your own research doesn't entail blindly sending money..smh
@@NorberisR no one is saying you’re promoting scams . I’m saying in general when investing in Dr you have to make sure you do your HOMEWORK. Specially buying land etc
@@NorberisR not everyone can go back to their country and invest you should know that by now . A lot of Dominicans have investment back home without physically going back due to immigration etc
I'm not talking about buying land. To open a certificate you have to be physically present at the bank How can that be a scam....smh
@@NorberisR ok then I guess I got confused but you enjoy the rest of your day.
Are you still in the Airbnb business?
Yes
Te quitan un por ciento verdad? De los intereses que te depositan?
I'm not sure but if you decide to look further into this type of investment that's a great question to ask.
@@NorberisR thanks
Bhd gives you 10% after taxes you get 7k pesos for a million pesos
That's pretty good too.
Wow. That's really good
Sounds good, but US foreign bank laws knowledge has to be gained.
Why? What does US bank laws have to do with what Dominican Banks do with their citizens?
@@NorberisR My mind was still Focused on the DR due being in the country a few days ago. I was thinking from a US citizen's banking at the organizations.
Hola me gusta ver tus videos.tu podrias ayudar me encontrar rentar un aptm por un mes para yo decidir donde podria yo vivir. Alla.pues soy retirada.y cuanto me cobrarias .creo que eres la persona perfect para ayudarme a elegir.vi que tu conoces muy bien. Espero.puedas.y dime como me comunico contigo. Gracias.att.mss GUZMAN
Hola buenos días muchas gracias por mirar mi contenido, por favor envíame un correo a sheisdominican@gmail.com para saber con más detalles lo que buscas y poderte decir qué te costaría.
here i am with almost 100k in my bank and im only getting like 6 dollars every month 😂
That's why is said when money sits in a bank account it's almost worthless.
Banks make thousands on your money and gives you crumbs.
🤔🙄
I trust you, Norberis. When I'm ready to invest into a bank in Dominican republic, I will contact you for help. I want to make sure no one gets over me at the banks just because I'm American and lack Spanish. @Norberis R.
Ok, when you're ready you can book a consultation on my website.