Punta Cana Can Easily Be Our Early Retirement Home

Mr. Enchumbao

I work for a large investment management company helping people save for traditional retirement. During my spare time, I help others save for financial independence and early retirement by writing for Enchumbao. My journey to FI began in 2012. I was in a lot of debt back then, but I turned things around and became debt free a few years later. My wife and I reached financial independence in 2017 and are preparing to retire by 2020.

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5 Responses

  1. Jsaon Arkwell says:

    Punta Cana is the perfect place to retire, your dollar goes so much further than in many other countries. I went once last year and i have been planning my retirement there ever since! 🙂

  2. Henry says:

    Hi
    Great post!
    Tips are really helpful in order to choose a retirement home in Punta Cana. It has a great history. It is true that Punta Cana is a perfect place for retirement.

    Thanks, for sharing this valuable information with us.

  3. Kathy says:

    Hi. It’s August 2018 and I just found and read your blog, I am interested to know if you are still in Punta Cana or planning on going still? My husband and I want to retire early and move there. We have been going there and doing tons of research for the past 5 yrs on living in Punta Cana. Please let me know if you still feel the same about it and if not what has changed or what do you love about it. Thanks, Kathy

    • Hi Kathy –
      Thanks for reading our blog! I still feel that Punta Cana is a great place to retire. However, after staying there for a few weeks during our last vacation (in May of 2017), we decided that we’ll not retire to Punta Cana but will have long stays there after we retire. If the issues below don’t affect you then you’re choosing a great destination for early retirement.

      Something to think about as you go is how would you spend your time after drinking and going to the beach gets old. It doesn’t have to get old though. 🙂 What activities would you enjoy other than the beach?

      Here are the main reasons why we decided not to retire there:
      1. Lack of bike/walk trails.
      We love walking and can see us bike riding and walking in our neighborhoods more often once we retire. There are no bike trails in Punta Cana and walking around is a challenge with the limited sidewalks and the increasing motor bike traffic. Needless to say that there is a good amount of aggressive drivers. Having great restaurants and drinks is awesome but we like to see what options we have when we don’t want to drink and pay for entertainment. The only area that we saw where you can more freely walk is in Punta Cana Village but a house there starts around $300k and you don’t get much with that. Of course we can also do beach walks but how about those days when we don’t want to be in the sand?
      2. Lack of recycling.
      You need an extremely good filter system to drink Punta Cana water, otherwise you go through water bottles like crazy. The lack of, or very limited, recycling in the area drove us nuts because we hate throwing plastic in the trash. That was a big one for us.
      3. Real estate.
      We are considering buying a property but I think that to live in Punta Cana renting would make more sense for us. The DR has a strong economy and one of the strongest of Latin American countries but any stable 3rd world country could become unstable with any political corruption. After we thought about it, we decided that if we’re buying a home we want to have it in the U.S. which has a more stable economy and real estate market. So we’re making the U.S. our base and travel from there for long periods of time.
      4. Immigration.
      The DR still has a big illegal immigration issue and we saw a bigger influx of immigrants in Punta Cana last time we went. We picked up that petty crime seems to be on the rise with this newcomers after speaking with some locals.

      These are the main reasons why we will not retire to Punta Cana but these are issues that affect many Latin American countries so comparing it to the U.S. is not an apples to apples comparison. I love my native country and we’ll continue to return and hope to contribute my time in early retirement by tackling some of the issues where improvements can be made, like recycling.
      The Dominican people are great and I always need to come back for that hospitality!

      Good luck on your early retirement plans.

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