5 Benefits of investing in Properties in the Republic
Dominican.
1. Sustainable economy
The Dominican Republic is one of the leading countries in foreign direct investment in the Caribbean. The main economic activity in the Dominican Republic is tourism. It has a strong financial sector and a very well organized business community. Our diversified economy, a stable system of government and a favorable business climate,
2. Excellent location
The Dominican Republic has an excellent geographical location and a great variety of natural resources, our island is located in the center of the Caribbean with a wonderful climate all year round with resources that help promote the tourism industry, it also has a prodigious nature that makes of this cheerful island, a paradise for ecotourism through adventures that pursue natural enjoyment, but with the least impact on sustainable tourism and enjoy enchanting and paradisiacal beaches in the different parts of the country under the sun. A distinctive feature of our culture is that we are happy and helpful people, we love to dance to the rhythm of merengue and bachata.
3. Excellent profitability
The Dominican Republic offers high profitability in its properties due to a wide valuation of the property since many of them are located in strategic points such as Bávaro, Punta Cana, Juan Dolio, Puerto Plata, among others, many people decide to come to vacation every year to our country and would like to have a little corner in this Caribbean paradise.
4. Tax incentives
The Dominican Republic is one of the best places in the Caribbean region offering various reasons for people to come to live, do business and retire; Our country grants all foreign pensioners and annuitants who decide to settle in the Dominican territory a series of benefits and exemptions, including residence for investment.
5. Low real estate costs
The prices to buy real estate projects are still very low and the characteristics of the projects are modern, with a growing interest from both Dominican and foreign clients, making Dominican real estate an excellent investment. Not only this, the annual real estate tax is only 1% on the surplus value of RD$ 8,829,763.30 of the property acquired in the country for the year 2022.
Yoselin Rivera
Wednesday 16 Aug 2023