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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 bettered its infrastructure, improving highways connecting major cities, becoming the second-best country in Latin America and the Caribbean in terms of connectivity (transport, logistics, and telecommunications infrastructure). The Dominican Republic has one of the lowest inflation rates in the region, projecting a figure of 4% for 2018, and has seen an increase in growth of the Gross Domestic Product (GDP) of 6.7% from January-June of 2018 in comparison to the same term in 2017.
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.