#1 Your money goes further

In Europe, 100 to 150 thousand USD won't cover the cost of a desirable property. However, in the Dominican Republic, the same amount can secure you a brand new 2 bed 2 bath beachfront property in Punta Cana, equipped with abundant amenities. Additionally, when you're not using the property, you can rent it out on platforms like Airbnb, generating passive income. This brings us to our next point.

#2 Higher profitability

The ratio between the purchase price and potential rental yield, as well as capital appreciation, is highly favorable. Despite the relatively low property prices, the tourists, predominantly from Canada, the USA, and Europe, are willing to pay rates similar to those in their home countries.

#3 Tax incentives

There are attractive tax benefits such as 0% transfer tax and 0% property taxes for the initial 15 years (under Law No. 158-01).

The tax conditions for purchasing real estate in the Dominican Republic are highly appealing. The government has actively encouraged foreign investment, leading to accelerated economic growth.

By acquiring a property under the "Confortur" government program, you can significantly reduce or eliminate many of your initial closing costs and tax obligations.

Moreover, with additional research and the assistance of professionals, setting up a Dominican LLC and offshore accounts can further optimize your financial outcomes.

#4 Strong Covid Rebound

The DR is praised as a pandemic success story by The New York Times. In 2021, it surpassed all other Caribbean destinations by hosting over 5 million tourists and experiencing its strongest economic year in 30 years. The trend of increasing tourist numbers continues, with a record-breaking influx of more then 7 million tourists in 2022.

#5 An Unbeatable climate

If you’re looking to escape the cold and settle down in tropical paradise, there’s nowhere like the Dominican Republic to start fresh. With daily temperatures that average 28°C (82°F) and miles of white sandy calling your name.

#6 The Golden Visa

The Dominican Republic offers an appealing residency by investment program. With an investment of just 200,000 USD, individuals can obtain permanent residency, making it an accessible option for those seeking a new place to reside or establish fiscal residency.

Moreover, after only two years of holding permanent residency, individuals become eligible for citizenship. The Dominican Republic allows dual citizenship, eliminating the need to relinquish existing citizenship.