Why Choose the Dominican Republic?

 

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Key Investment Points for Punta Perla

The last great investment opportunity in the Caribbean

Property in the Dominican Republic is very competitively priced when compared to other Caribbean Islands

With this development, the Dominican Government officially welcomes overseas investment.  Law 158 on foreign investment was recent extended to attract overseas property investors by offering exemptions on Capital Gains, Income and Property Purchase taxes for ten years.

The rental pool offers attractive guaranteed rental returns.

Punta Cana / Bavaro has become the fastest growing tourist area within the Dominican Republic.  Punta Cana International airport receives just under 50% of all foreign tourists, with local resorts enjoying occupancy levels in excess of 86%.

Tourism of the Dominican Republic is changing rapidly.  There is a demand for more upmarket, residential style accommodation over the traditional all-inclusive hotels.  This is leading to major investment in the area as more people realise the potential of this beautiful country in comparison to other Caribbean destinations.

The Caribbean Tourism Organisation's annual report states that 25% of Europeans travelling to the Caribbean, cite the Dominican Republic as their preferred vacation destination.  This is no doubt influence by the variety of microclimates, mountains, beaches, cultural and historical wealth as well as a range of alternative features offered by this Caribbean Island.

Many improvements to the country's infrastructure are linked directly to the pursuit of tourist income, with new highways being built, existing roads widened and paved, as well as historic areas being renovated.

The Dominican Republic has seven international airports, more than any other Caribbean Island.

The Government is currently spending $20,000,000 on an international marketing campaign to attract tourism and investment from around the world to this area.

High interest bearing US $ accounts and US $ based investments are both available and tax free.  The banking system is highly regulated and security is deemed good.

There are no restrictions on foreigners purchasing property in the Dominican Republic.

There are no restrictions on foreigners inheriting title to property.

All Punta Perla properties are freehold.

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Quick Links to other pages on the Dominican Republic

About the Dominican Republic...click here

Buying Guide for the Dominican Republic...click here

Maps of the Dominican Republic...click here

Property for sale in the Dominican Republic...click here

News about the Dominican Republic...click here

Useful links for the Dominican Republic...click here

Guaranteed rental properties in the Dominican Republic...click here

 

 
 

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