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Dominican Republic hailed as better place to do business

Date : (News Section: Dominican Republic)

Property in Dominican Republic
Dominican Republic good for business

In news that may interest those thinking of buying property in the Dominican Republic, a new report has said the country has improved as one in which to do business.

The World Bank Doing Business study of 181 economies around the globe gave the Caribbean island a ranking of 97 for 2009, up 13 places.

Property development was one of the areas that saw improvement, with the ranking for the registration of property rising six places.

The cost of this undertaking fell from 5.1 per cent of the average property value in the 2007 and 2008 rankings to 3.8 per cent.

Such news follows recent data from the ministry of tourism that show visitor numbers to the island have risen.

It stated that the first half of this year saw a 6.55 per cent increase in tourists, something that may interest investors keen on buy-to-let tourist property in the Dominican Republic.

The figures revealed that five per cent of tourists to the country in the first six months of 2008 were British.


Article by +Steve Binge on behalf of

Read More

  1. 19 July 2013 - Dominican Republic property market experiencing 'confidence crisis'
  2. 20 June 2013 - Dominican Republic court ruling to affect property owners
  3. 20 March 2013 - Capitalise on golfing tourism in the Dominican Republic
  4. 22 February 2013 - Canadians are seeking sun in the Dominican Republic
  5. 08 November 2012 - Dominican Republic: Ease of access attractive to US markets

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