Why Invest in the Dominican Republic?

  • The DR has a stable and diverse economy with consistent 6+% GDP growth for 15 years
  • Lowest cost of living in the Caribbean and Central America, ease of doing business
  • Low purchase cost per square foot (typicallly less than $200 per square foot)
  • Typically 10-20% ROI for short term vacation rentals
  • #1 tourist destination in the Caribbean and #5 tourist destination in the world
  • More miles of coastline than in Hawaii
  • No barriers to foreign ownership of property
  • One of the lowest construction costs in the Caribbean
  • Consistently recognized as one of the premier golf destinations
  • No transfer or property tax on new constuction for 15 years! For resales, transfer tax is 3% and annual property tax is 1%
  • Vacation rental income for foreigners is typically taxed where payments are made. (Ex. Canadians who own and rent on Airbnb in DR will receive rental payments in Canada, not the DR, so said payments would not be taxable in the DR.
  • Buying and Selling real estate in the DR follows the same process as in the US and Canada with full fee-simple property rights unlike other countries in the region