Property in the Dominican Republic is very competitively priced when compared to other Caribbean islands. The Dominican Government officially welcomes overseas investment. Law 158 on foreign investment was recently extended to attract overseas property investors by offering exemptions on
Capital Gains, Income and Property Purchase taxes for ten years.

 Punta Cana / Bavaro has become the fastest growing tourist area within the Dominican Republic. Punta Cana International airport receives 47% of all foreign tourists, with local resorts enjoying occupancy levels in excess of 86%.  Tourism in the Dominican Republic is changing rapidly. There is a demand for more upmarket, residential style accommodation over the traditional all-inclusive hotels. This is leading to
major investment in the area as more people realise the potential of this beautiful country in comparison to other Caribbean destinations. The Caribbean Tourism Organisation’s annual report states that 25% of
Europeans travelling to the Caribbean, cite the Dominican Republic as their preferred vacation destination. This is no doubt influenced by the variety of microclimates, mountains, beaches, cultural and historical wealth as well as a range of alternative features offered by this Caribbean Island. 

 Many improvements to the country’s infrastructure are linked directly to the pursuit of tourist income, with new highways being built, existing roads widened and paved, as well as historic areas being renovated.
The Dominican Republic has seven international airports, more than any other Caribbean Island.  The Government is currently spending $20,000,000 on an international marketing campaign to attract tourism
and investment from around the world to this area. 

 High interest bearing US$ accounts and US$ based investments are both available and tax free. The banking system is highly regulated and security is deemed good. There are no restrictions on foreigners purchasing property in the Dominican Republic.  There are no restrictions on foreigners inheriting title to property.