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Compare Dominican Republic
Compared to neighboring countries in the Caribbean, the Dominican Republic offers a luxury island lifestyle at an affordable price point. On top of being a leading tourist destination and seeing growth in numbers each year, the island is full of investment potential and business opportunities with tax incentives for investments. There are exemptions of up to 100% in payments of internal taxes, taxes on income, and incentives in free zones for investors. There are numerous international trade agreements, and there is a stable legal and institutional framework. Recent agreements with the Chinese government will increase the influx of tourists and investors in the upcoming year.
The country has improved its infrastructure, building highways that connect main cities, thus becoming the second most valued country in Latin America and the Caribbean in terms of connectivity (transport, logistics and telecommunications infrastructure). Dominican Republic has one of the lowest inflation rates in the region, projecting a figure of the inflation index to September 2019 accumulated of 2.4%, with a Gross Domestic Product (GDP) of 4.7% from January to June, according to the indicators of the Central Bank of the Dominican Republic.
The Dominican Republic has numerous international airports with direct flights to and from major travel hubs in the United States, Europe, and South America. The capital is home to world-class healthcare with highly educated medical professionals equipped to handle large-scale operations. With all of its’ modern advances, the Dominican Republic’s people have remained friendly and welcoming toward foreigners, and it has quickly become a leading destination for expats.