The Dominican Republic – Caribbean's Tourist Leader
The Dominican Republic is strategically located between Cuba and Puerto Rico. It is also the number one tourist destination in the Caribbean.
With an extension of 48,511 km2 (it is the second biggest island of the West Indies with 9, 1 million inhabitants).
Mayor airports connect the island with airlines and charter.
Politically stable. A presidential government system with a president selected every 4 years.
Controlled inflation (5, 9% in 2005 s/ BCRD) and sustained growth (7% annual average between 2001 and 2005). Just about to achieve the RD-CAFTA (Central American Free Trade Agreement) and preferential agreement with The European Union.
Favourable Tax System for investments:
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Law 16/98 and 158/01: tax exemption for over 10 years and freedom to send money and capital gains abroad.
Received near 4 million tourists in 2005
Sustainable growth in recent years:
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25% between 2001 and 2005
Exponential Growth of USA market
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1 million visitors
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Increase of 50% over the last 4 years
Welcoming and friendly people, many speaking English or another foreign language, excellent higher education coupled with low wages making it easy to staff your business.
