Why invest in the Caribbean

WHY INVEST IN SAMANA
Presently to invest in Samana is not only about investing in one of the most beautiful areas in the Caribbean, but also about the possibility of getting an excellent return of investment.

From one side, during the next two years, three major projects that have already started are going to finalize:

• The highway from Santo Domingo that will allow you to reach Las Terrenas in just 60 minutes (instead of 4 hours and a half).
• The 18 holes golf course with near 150 villas, an hotel and a beach club.
• The new intercontinental airport El Catey, only 20 minutes away from Las Terrenas.
• Construction on the new marina at Bonita started.
• Famous people who discovered Paradise too: Julio Iglesias, Oscar de la Renta and Henry Kissinger did. Shakira, Ricky Martin and the Prins from Jordanie bought a huge piece of land in El Valle, just nearby Las Terrenas. They invested in Samana and other places in the Dominican Republic.
• Because of what the president thinks of Samana. CLICK HERE to read about this.

BUYING AND SELLING REAL ESTATE
There are no restricting conditions for foreigners concerning the buying of property in the Dominican Republic. In 1998 the presidential decree 21-98 ruled that foreigners can buy all the property they want, complete with the title of possession ( the proof of ownership).

NEW TAX EXEMPTION LAW.
This law concerns tourist areas with strong potential that need developing, for instance LAS TERRENAS. Certain companies in these areas of the country can benefit from freedom of company taxes (100%) as well as national and municipal taxes on building permits and ownership certificates (100%).
In addition, all benefits can be expatriated to any country in the world.

The Dominican Republic is one of the most stable countries in the Caribbean and Latin America area. It has also a strategic geographic location and very low labour and living costs that, together with the Laws to promote the Foreign Investment, made it very attractive for those who are looking for high profitability and security.

LIVING - WORKING - INVESTING IN THE DR
The Dominican Republic is not just about beautiful beaches, crystal clear water, luxurious tropical breezes and all of the other things that come to your mind when you see pictures from the Caribbean. There are a lot of places in the world! But, it is still one of most affordable places for real estate investors. Tax free banking, property taxes so low they are almost nonexistent, the ability to live very comfortably on less than $2,000 per month ~ make the Dominican Republic the undiscovered investment paradise.