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The Caribbeans Best Kept Secret! The Dominican Republic is often referred to as the best kept secret in the Caribbean. When compared to its more pricey neighbors in the region such as the Bahamas, St. Martin and Aruba, the Dominican Republic is an extremely affordable option for retiring Boomers. In fact it is still possible to purchase a beautiful new home in low $100,000 range.
Located only 90 minutes away from the United States by air, The Dominican Republic is quickly becoming a key destination for Boomers seeking to retire abroad. Blessed with warm weather year around, a low cost of living and some of the most beautiful and diverse landscape in all of the Caribbean, the Dominican Republic offers an affordable path to living the Caribbean lifestyle.
The Dominican Republic occupies two thirds of the island known as Hispaniola The official language is Spanish although just as it is in much of the Caribbean, foreign languages are spoken in the tourist areas. The population is estimated at 9 million with approximately one third living in the capital of Santo Domingo.
The Dominican Republic enjoys a level of political stability and economic development that is unique in the Caribbean. Stability is due to the Dominican being a constitutional democracy, with presidential and congressional elections held every four years. The Dominican Republic is one of six Caribbean countries with a tax treaty with the United States.
The Dominican Republic is home to many new real estate projects that cater to American and Canadian retirees. To date, tens of thousands of Americans and Canadians call the Dominican their home or retirement destination. The secret is out and buying opportunities are plenty. Of course, there is no substitute for firsthand experience. We highly encourage any potential retiree who is considering a move to the Dominican Republic or anywhere else abroad to participate on a real estate developer Discovery WeekendIf you are a retiree seeking warm weather, beautiful beaches and very affordable living, the Dominican Republic is an option worth exploring. We encourage you to explore our Dominican Republic pages to learn more about the country, real estate projects and retirement benefits.
Take advantage of the community and join Groups of your interest. You will be able to learn about several Dominican Republic Destinations, the process of purchasing property in Dominican Republic, Dominican Republic mortgages, financing issues for Americans and Canadians, Title Insurance, VISA information, working in Dominican Republic as a foreigner, setting up a business in Dominican Republic, Health and Medical, etc.
Why invest the Dominican Republic?
* Stable economic and political environment
* FDI Friendly environment
* Sound legal framework for foreign investment
* Preferential market access to the United States, Europe, Central
* America and the Caribbean
* Customized Training
* Abundance of competitive, experienced and qualified labor force
* Modern transportation infrastructure
* Advanced and reliable telecommunication infrastructure
* Supporting Industries & services Competitive costs for doing business
* Nearshore location
* Quality Life Standards
Bright People Outlook
* Globally competitive wages
* 78% of population under the age of 30.
* Predominant bilingual work force
* The D.R. has 30 universities and 369 training centers.
* Absenteeism rate per labor secretariat is less than 3%
* Turnover rate is less than 2.5%