"Money is one of my languages, real estate is a dialect, and the islands are one of my tongues."
Are you dreaming of waking up to the sound of the ocean, or perhaps you're looking for a strategic investment that pays for itself while you're back in the States? In this episode of Exit Strategies Radio Show, host Corwyn J. Melette sits down with Kathy Colon, the Founder and CEO of Nova Lux DR Properties.
Kathy bridges the gap between public health expertise and luxury Caribbean real estate. She shares how her boutique firm specializes in "wellness-focused" properties and why the Dominican Republic is currently the "crown jewel" of Caribbean investment. Whether you are planning for retirement, seeking a vacation home, or looking for high-yield short-term rental opportunities, this episode provides the roadmap to making the island life a reality.
Key Takeaways:
03:26 The Nova Lux Difference: Kathy explains her unique approach to real estate, focusing on health, wellness, longevity, and "aging in place" criteria for every property she vets.
04:37 Geography 101: A quick breakdown of the Dominican Republic’s location in the Caribbean and why its size and proximity to Puerto Rico and Cuba make it a central hub.
07:45 The "Wellness Checklist": Why Kathy uses a strict public health lens to select properties and how it protects investors looking for long-term value.
09:23 Navigating the Buying Process: From vetting communities to handling the "daunting" legal aspects, Kathy describes how her boutique firm curates a list tailored to your lifestyle (golf, beach, or mountains).
12:05 The Power of Pre-Construction: How international buyers can benefit from 15-year tax exemptions (CONFOTUR) and see immediate equity growth of 30-40% by the time a project is completed.
13:51 Stress-Free Transactions: Why you don't have to worry about currency exchange (transactions are in USD) and how to navigate financing with international banks like Scotiabank.
16:11 Hands-Off Investing: A look at the "Rental Pool" model where major brands like Wyndham manage maintenance and cleaning while you collect a return on investment (ROI).
22:41 The Next "Big Thing" in the DR: Kathy reveals why Cap Cana is the best-kept secret and where celebrities like Alex Rodriguez are putting their money.
The Legacy Building Moment:Kathy shares that Nova Lux was born from caring for a loved one, redefining real estate as a tool for longevity and generational living—choosing homes that support families aging in place and building a legacy that lasts.
Connect with Kathy:
Connect with Corwyn:
Contact Number: 843-619-3005
Instagram: https://www.instagram.com/exitstrategiesradioshow/
FB Page: https://www.facebook.com/exitstrategiessc/
Youtube: https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA
Website: https://www.exitstrategiesradioshow.com
Linkedin: https://www.linkedin.com/in/cmelette/
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