Spotlight on....
The country is lush with vegetation at Cap Cana. This meant a Trump which achieves ‘Approved Tourist’
and the central area clearly tower, two major hotels and a Jack status, can offer a ten-year
shows the economy was driven Nicklaus signature golf course, holiday for investors on both
in the past with huge areas of which has already housed two rental income and Capital Gains
sugar cane farms. Nowadays it televised Championship golf taxes. Bearing in mind the rate
is not economic to produce large tournaments with top stars drawing of growth in property values this
quantities of sugar cane in the audiences around the World. can be substantial over a ten-
Caribbean (although the increased
What was apparent to investors
year period and provide a very
use of ethanol could reverse this
around the World was that Trump
nice pension addition for an
trend) and for several years the
would spend an enormous amount
investor who wishes to diversify his
Government has been working
of money on advertising and
portfolio into medium and long-
towards fully developing the growth
promoting the project. Coupled
term investments. Also the benefit
of Tourism. We are very lucky in the
with this financial injection, it was
of a twelve month rental season
Dominican Republic to have the
bound to kick-start the economy
maximises the return for investors
Government under the leadership
in Punta Cana. This proved to be
on an annual basis and returns of
of President Leonel Fernandes who
true as property prices have risen
8% are extremely achievable.
has made the Country friendly
around 20% per annum over the The Dominican Republic seems
and inviting to investors while still
last five years with early investors to combine many of the main
remaining aware that he must
showing great returns. Even in the requirements of the wise investor.
protect the environment for the
recent period of recession prices There is a stable and Democratic
future and also develop other
have remained buoyant simply Government led by a President
commercial interests on the island
because many Americans who who is extremely tourist friendly.
in order not to expose the country
have been worried about investing We have large scale investment
to a slump in tourism for any
in their own country while the from International organisations
reason in the future. This means
property collapse is taking place, (Trump etc), with promises from
that the Dominican Republic
have been looking to the nearest the Government to match these
is one of the few Caribbean
and most comfortable area for investments with the development
islands to have a balanced
investment….the Caribbean. of infrastructure and facilities within
economic approach to their future
the Dominican Republic.
growth, which acknowledges
the importance of tourism while
We are blessed with a twelve
refusing to be a slave to it.
month rental season maximising
investor returns and tourist
Historically, the areas toward Haiti,
friendly laws relating to Capital
such as Sosua and Puerto Plata for
Gains. All of this in an area of
example have been large tourist
stunning beauty and sparkling
areas on the island with visitors
Caribbean seas. Investors should
from all over the World. Over the
consider whether an investment
last few years the area of Punta
in the Caribbean might prove
Cana has developed as a high
a successful partner to more
class tourist destination with major
hotel groups enjoying stunning
There are many bonuses for
conventional investment areas such
beaches and a year round climate.
investors in the Dominican
Europe where the property market
This area received a huge boost a
Republic, which reflect the
is generally in decline.
couple of years ago when Donald
Government’s positive attitude
Trump agreed to inject $2.1bn into
to the benefits of developing
More Information
the area with his new development
tourism. A property development,
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