Thinking of moving to the Caribbean? You may want to consider the Dominican Republic which is becoming increasingly popular as a place for relocation or a second home. Many property pundits and investors are agreeing that it is a hot spot for buyers in the Caribbean.
There are excellent opportunities for investment in the Dominican Republic (DR). It is one of the most stable countries in the Caribbean and Latin America. The Dominican Republic also has very low labour and living costs that, together with the laws to promote Foreign Investment, have made it very attractive for those who are looking for high profitability and security. The relatively low cost of living in the Dominican Republic is also attracting retirees who are looking for a place to live comfortably on a finite income.
Tourism is growing at a phenomenal rate in DR and thus there are more infrastructure developments in the country, greater variety of activities and increased opportunities for renting property. Getting to DR is easy as it is serviced with a multitude of direct flights from all over the US and Europe. From Miami it takes only 2 hours to be in a completely different world!
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14/06/08
This is a great article Terri. How do we go [...]