Your best business development ideas in Dominican Republic
As a foreign entrepreneur, launching a business in Dominican Republic is a fantastic project and an exciting challenge. Some ideas are likely to succeed. Some others are promising but may not work as well as intended.
In your opinion, what kind of business or industry is likely to succeed in Dominican Republic? What kind of industry or service currently unavailable or underdeveloped in the country would meet local needs?
On the other hand, what are the most common business types foreign entrepreneurs would be eager to launch in the country but with very little chance of success?
Thank you for your insights.
Priscilla
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Second I don't give away specific ideas, I am a business consultant.
What works - good quality service! It is almost nonexistent here.
Facts - anything imported is expensive, labor is inexpensive on a relative basis but materials are not cheap.
Business requires constant supervision and constant training.
Con no and not likely to succeed - another beach bar / restaurant.
You need General business skills, language, business specific knowledge And experience and $$$$$.Â
Then you better know this culture, because you are not in Kansas anymore!
Have you been here before???
Before you make the leap you need to come down for a couple of months and live here, not as tourist, and see if it is the right place for you. The money you were mentioning before will not be nearly enough for you to live safely here. A minimum and that is with out much will be in the $700 to $1000 (USD) to survive.
In order to work here legally you need to get your residency ( needs to be started at the Dominican embassy or a consulate in Canada) first. Second "massage therapists" are a dime a dozen here with most being local girls offering "happy endings" and other extras. Ligit massage places are also to be found but to work in one of these you will need your residency. Most are found in tourist areas and not very well paid.Â
Please do some homework before burning any Canadian bridges.
Bob K
Sadly massage therapy is really not valued. You won't make anywhere near the money you are used to and often not enough to live on.
You will need residencia (go find that thread) before you can work here. Or at least have actually deposited your application. Almost no one will hire you before you are already here.  Call centers - job starts at about US $600 a month depending where you live. Teach English - every English speaker thinks that is what they can do. Without accreditation and experience its a really tough go.
You can contact hotels and resorts who have spas to see if they need anyone. they do not pay well but you do usually get some commission. Rarely will they sponsor a work visa though. So dont even bother trying that route. You will need to get here, be set up and have the residencia deposited before they will consider you.
I will private message you if you want to send me your resume I am happy to take a look for you.
I will share my observations going into week three {3} of what should be long term residency.
In advance let me share we are followers and not trail blazers.
Anyone who paints a complete rosy picture enjoy but dont put a lot of trust into.
Anyone who paints a complete scary picture pay attention but dont put a lot of trust into.
Week 2 of Spanish lessons is paying off. The smallest of victories should be enjoyed. It takes a mind change. Yes we did well. WE come from cultures and expect fast, immediate results.Â
Coming here requires a retooling. Little victories.
The term a person needs to countersink in their being is "tranquillo".
Start testing yourself at home before coming to DR by going to grocery store and buying off brands.
I cant wipe my bum unless its got a picture of three kittens rolling on white carpet on the wrapping. Buy gross lot middle of the road with no pictures and see how you fare. If this idea makes you laugh your off to a good start.Â
Dont buy Kraft peanut butter. Try something else.
Buy milk off the shelf. Put in your fridge and try it with your cereal.
Cleaning detergents, and anything else you have been purchasing as loyal brand client STOP and try different.
In all honesty you will lower your expectation only to find out they have almost everything here and then some. Its really awesome experience shopping.
Planners and Expats share this over and over. Learn & Speak Spanish.
Is it really required in Sosua and region..NO.
But please trust me when I share no words can begin to express the genuine warmth from Dominicans when they hear you butchering their language. They jump in to help you speak the right words. All with a smile.
I will share its only the beginning of week 3 but this weekend went to Santiago. We've been to Cabareta Jazz fest Friday night. On Playa Sosua and Cabareta we have fond locals and befriended.
Our efforts to speak the language are rewarded with warm handshakes, smiles and eye contact.
In closing I would share anything is possible for anyone with sufficient tenacity and drive. Whose to say what is possible or impossible. To date we are really comfortable with everything because we take a tranquillo moment to step back. Â
I think the lesson is this...The success of the good expats living happily in Dominican is directly related to their core values.
You need to be some percentage {%} selfless to live here. You need to have empathy for your neighbor and residents. You get tested day 1. However you know your going to be ok when in saying no to a taxi driver or a person hucking trinkets on the beach when each person walks away, drives away with a smile or isnt really peeved off. It takes effort. A person needs to be engaged. The payoff is huge..rewarding and they let you know usually.Â
A young man wanted food on the beach. We bought him a burger, fries and coke. The kid took an hour to eat. One bite at a time. Slowly...Before he left he had to make sure he thanked us in English. He did this by asking the server how do I thank the Gringo in his language. The server is now our friend as is the young man.
WE are blessed to be given the opportunity / strength for this experience. Lets call it a long transition. To those that blazed this trail ahead of all, took the time to document and share their experiences we are so grateful.
Many thanks
I am interested in restaurant business in Dominica Republic, what is actual requirements and money involve in buying running restaurant or establish new one ?
Thanks.
Where? What kind? Cannot possibly begin to answer your question!
Thanks for reply, actually l am interested in fast food and Bar B Q type restaurant in tourist area, thanks.

Thank you
Rafaella
I also think an American food restaurant would do well. Not like the typical American fast food restaurants. But a mom and pop restaurant
Business ideas are there. Implementation is the tough part. It's tough to get started. Just incorporation can be a major undertaking. There are something like 22 steps. Yup have someone walk it through with you. And it takes 6 weeks plus to open a corp. But of course, it doesn't end there. Ridiculous amounts of monthly reporting here!
Also a huge issue is understanding the market. Understanding the.labor laws. Understanding the unwritten rules!
It is done all the time though. Expats can open businesses here and do a great job. Cultural knowledge,.spanish, business experience and common sense really help!
And of course patience!!!
Online and multichannel retailing I think is somewhat behind the times. Could be some real opportunities.
what is the tex on the profit?
Thanks for the answer .
TA
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