🏠 OVERVIEW
Country
🇩🇴 Dominican Republic
Program
Pensionado Visa
Local Name
Residencia por Inversión — Pensionado
Type
Retirement
Status
Active
Initial Duration
12 months
Renewable
Yes
(48 mo)
Retirement residency with a fast track: just $1,500/month pension income, with eligibility for citizenship after only 2 years. Full exemption on foreign-sourced income.
💰 FINANCIAL REQUIREMENTS
Income Requirement
$1,500/mo
Pension Requirement
$1,500/mo
📋 ELIGIBILITY
Criminal Record Check
Required
Health Check
Required
Health Insurance
Required
💼 WORK RIGHTS
Employment
Not allowed
Self-Employment
Not allowed
Own Business
Allowed
Work Permit Included
No
👨👩👧 FAMILY & DEPENDENTS
Dependents Allowed
Yes
Spouse Included
Yes
Max Child Age
18
Parents Allowed
No
Extra per Dependent
$250
💰 TAX DETAILS
Tax Regime
Exempt
Tax Rate
0.0%
Regime Name
Pensionado Tax Exemption — foreign income exempt
Foreign Income Taxed
No
Capital Gains Taxed
No
🏆 PATH FORWARD
Permanent Residency
Yes
Years to PR
1 years
Dual Citizenship
Allowed
Citizenship
Yes
Years to Citizenship
2 years
Language Required
Yes
🌍 BENEFITS & MOBILITY
Bank Account
Can open
Property Purchase
Allowed
Public Healthcare
No access
📝 HOW TO APPLY
Method
in person
Processing Time
45–90 days
Apply from Abroad
No
📝 NOTES
One of the fastest paths to citizenship in the Americas (2 years). Initial permit is 1 year, then 4-year renewals. Pension must be lifetime and from a foreign government, official body, or private company. Additional $250/month per dependent. Health insurance required. Application must be started from outside the country. Full exemption on foreign-sourced income including after the 2-year grace period.
📋 ALSO IN DOMINICAN REPUBLIC
Dominican Republic also offers a digital nomad visa for remote workers:
- Dominican Republic (No Specific DN Visa) (digital nomad visa)
🧭 CONTINUE EXPLORING PENSIONADO VISA