Interest rates on saving accounts

I dont think you should discuss wuantities of your money on an open forum. 

How about generalities please.

Sorry for that planner, I was not aware of it. The amount of money I mentioned was only as an example.
Kristien

I sure miss the days when you'd get 24% for million peso CD's and 20% for less. But, nowadays, I believe it's 6 or 7%. Still, it's higher than the states. I can't speak for canada.

All good Kristien!   Yes rates are no where near where they were.

There are other ways to invest but they are far riskier and not recommended!!!

Better than the US. Depending on the amount you can get up to 10% on peso account and around 6% on USD.

Kristin NEVER discuss you actual finances on a public forum

Bob K

Thank you all for this information!

Planner, I would NEVER take any risk, not even when they offer me something very attractive to gain some money.

Bob K, as I told planner before, the amount mentioned above was only as an example, and not my personal situation!  I would only like to gain some information about the current rates in the DR...

Kristien

Good to know

Bob K

Wouldn't it be best to keep your investments in your home country and just set up transfers if you need it?  Seems a little more secure to me, especially if you already have a trusted investor.

Sheri

Depends, everyone is different. For someone making a full disconnect from country of origin that would not work.