Punta Cana

Over 6 Million Tourists and Growing

Dominican Republic is the second largest and most diverse Caribbean country, situated just two hours south of Miami, less than four hours from New York and eight hours from most European cities. Known for our warm and hospitable people, Dominican Republic is a destination like no other, featuring astounding nature, intriguing history and rich culture.

Surrounded by the Atlantic Ocean on the north and the Caribbean Sea on the south, our lush tropical island paradise boasts nearly 1,000 miles (1,609 km) of coastline, 250 miles (402 km) of the world’s top beaches, magnificent resorts and hotels, and a variety of sports, recreation and entertainment options. Here you can dance to the pulse pounding thrill of the merengue, renew in our luxurious and diverse accommodations, explore ancient relics of centuries past, delight in delicious Dominican gastronomy or enjoy ecotourism adventures in our magnificent national parks, mountain ranges, rivers, and beaches.

Discovered in 1492 by Christopher Columbus, the country overflows with fascinating history, museums and exciting cultural experiences like music, art and festivals, plus uniquely Dominican specialties such as cigars, rum, chocolate, coffee, merengue, amber and larimar.

The #1 destination for golf in the Caribbean and Latin America, Dominican Republic delights visitors with 26 designer golf courses amid breathtaking coastlines with mountain backdrops and lush green fairways. With so many beautiful natural settings like romantic waterfalls, breathtaking coasts and idyllic accommodations, Dominican Republic is a top destination for weddings and romance. Many world className-resorts and hotels also cater to meetings and incentive groups who flock to Dominican Republic for excellent, friendly service and dynamic meeting venues.

Dominican Republic offers a fantastic combination of environments to capture your imagination and refresh the soul. And with eight international airports, paradise has never been easier to explore. We invite you to discover our breathtaking island sanctuary and create memories that will last a lifetime.

High Return of Investment

Dominican Republic has become one of the fastest growing markets with major growth in the real estate sector. This is in large part due to the Dominican economic boost, to the amount of tourists and residential works and of course, to the island's proximity to the United States. According to USA National Association of Realtors, Dominican Republic has every necessary element for a hard growth in the real estate sector.


The Dominican Republic offers a high return of investment because of many factors such as, size, location in proximity to North America, the amount of International Airports, volume of flights, vast beaches with many expat communities, modern infrastructure and so much more. It is unparalleled in what it has to offer in comparison to other Caribbean destinations.

All of these factors have lead to massive growth and the best long term return on investment. It is why so many people choose to invest here year after year.

High Return of Investment

The Dominican Republic is one of the fastest growing economies in the Caribbean. The most important sector of the economy is services, specifically tourism, finance and telecommunications. Mining has also been growing in importance, and ferronickel and gold production is expected to continue increasing.

 

Strong uninterrupted economic growth

Even during the global crisis, the Dominican Republic still managed to grow – by 3.2% in 2008, 0.9% in 2009 and 8.3% in 2010 – thanks to its stable tourism and resilient housing market. The markey has been on a continuous upswing .

 

The Dominican Republic's residential property market is growing fast, thanks to robust tourism growth and the arrival of luxury international and boutique hotels, coupled with strong economic fundamentals.


“There are no restrictions on foreigners' buying property.


Aside from its reputation as a tax haven and long stretches of sandy white beaches and a balmy temperature, foreign homebuyers are attracted because property is still a bargain, relative to the rest of the Caribbean. A newly-built one-bedroom apartment near a beach can be bought for just US$150,000 or less.


The Dominican Republic has a population of just 10.3 million people and a GDP per capita of US$7,900 in 2018, one of the highest in the region, according to the International Monetary Fund (IMF). Total tourist arrivals reached a record 7.55 million in 2018, up 3.5% from a year earlier, buoyed by a surge in the number of stay-over visitors.


Foreign property investment is also encouraged by incentives, which according to the country's tourism office, include:


  • Tax-free receipt of pension income from foreign sources, including moving belongings to the country, is guaranteed (Law 171-07 on Special Incentives for Pensioners and Persons of Independent Means).
  • Foreign buyers receive a 50% exemption from property tax
  • Exemption from taxes on dividends and interest income, generated within the country or overseas
  • Foreign buyers receive a 50% exemption from taxes on mortgages, when the creditors are financial institutions regulated by Dominican financial monetary law
  • Exemption from payment of taxes for household and personal items
  • Exemption from taxes on property transfers
  • Partial exemption on vehicle taxes
  • Developers are relieved of all national and municipal taxes for ten years, including the tax on the transfer of ownership to the first purchaser of a property, by Law 158-01 on Tourism Incentive.