Dominican Republic has the fastest growing economy of Latin America and the Caribbean, with an annual GDP growth of 6.6% since 2016.
Privileged good location next to some of the best beaches in the area, Restaurants, bars and supermarkets at walking distance.
Law 158-01 grants investment exemption from annual 1% property tax for 15 years and from payment of 3% property transfer.
HIGH YEARLY PROPERTY APPRAISSAL GAIN
Besides an interesting annual return, when you invest in InStyle Residences , your property has an expected annual appraisal of its purchase value due to high demand.
STRATEGIC LOCATION WITHIN THE NORTH COAST OF THE DOMINICAN REPUBLIC
Strategically located near all major Puerto Plata tourist sightseeing spots, social gathering points and excursions hot spots. Airport 10 min away, Playa Dorada golf course only 20 minutes’ drive.
Several international schools as well as private hospitals. The ideal place for retirement as well as for young urban professionals.
The Dominican Republic as an Investment Destination
The Dominican Republic has the largest economy according to the U.S State Department and the World Bank in the Caribbean and Central American region and is the seventh-largest economy in Latin America.
Over the last 25 years, the Dominican Republic has had the fastest-growing economy in the Western Hemisphere – with a GDP growth in 2014 and 2015 reached 7.3 and 7.0%. Recent growth has been driven by construction, manufacturing, tourism, and mining. The country is the site of the third largest gold mine in the world, the Pueblo Viejo mine.
The Dominican Republic is the most visited destination in the Caribbean. The golf courses are major attractions. The island has an average temperature of 26 °C (78.8 °F) and great climatic and biological diversity.
Due to the good economic situation and to very attractive incentives for foreign investors the Dominican Republic is an attractive and safe location to invest and living in.