1)SECURITY:
If you decided to live permanently in Dominican Republic , you may not need additional services like property management company to look after your property. However, most of the clients from Canada and US would keep their home and visit Dominican Republic and stay short or long period of time. Therefore, It is important to that a good property management company look after your property while you are away. You can request from property management company to do your housekeeping, gardening/pool care, general maintenance, bill payments, etc. Both condos and houses offer these services – we call it “lock up and leave”.
2)RENTAL MANAGEMENT:When you are not using your property , why not make some additional income by renting your property. The Dominican Republic is the #1 Caribbean tourist destination, with Cabarete being a water sport haven with strong winds and solid waves for surf. We can help you to find a property management company to mange your property as well as rentals at a very affordable cost. Rest assures, you can focus on what you do at best and let the property management company to manage your property and earn extra money without a hassle.
3)GOVERNMENT: (Source – www.drlawyer.com )Market Size :Dominican imports and exports in 2019 amounted to 20.3 and 11.2 billion dollars, respectively. The main export products were gold (14.6%), cigars (7.9%), electrical devices (6.9%), medical instruments (6.6%) and jewelry (3.8%). The main destinations for Dominican exports were the United States (45.7%), Haiti (7.4%), Switzerland (7.0%), Puerto Rico (4.5%) and India (3.8%). The Dominican Republic is the sixth largest trading partner of the United States in the Americas, after Canada, Mexico, Brazil, Colombia and Chile; and the largest importer in the Caribbean region, with 28% of all imports in the region.
Participation in the International Community :The Dominican Republic maintains diplomatic relations with almost all nations in the world and is a member of many regional and international organizations, including the United Nations, the Organization of American States, the Central American Integration System, the World Trade Organization, the International Monetary Fund, the World Bank, the International Centre for Settlement of Investment Disputes, the International Finance Corporation, the Inter-American Development Bank, the Inter-American Investment Corporation, the Central American Bank for Economic Integration, the Caribbean Development Bank, the Multilateral Investment Guaranty Agency, and the Caribbean Forum of African, Caribbean and Pacific States.
Membership in the World Trade Organization :The Dominican Republic has been a member of the World Trade Organization (WTO), the world-wide regulator of international trade, since its founding in 1995. The main objective of the WTO is to foster international trade by eliminating trade barriers and enforcing the multiple commercial agreements reached by its members over the decades. As a developing country, the Dominican Republic is allowed to receive preferential, non-reciprocal treatment from other member states
Free Trade Agreements :The Dominican Republic enjoys advantageous trade with the United States, the European Union, and countries in the Caribbean and Central America region. Two important agreements are the free trade agreement with the United States and Central America (DR-CAFTA) and the Economic Association Agreement with the European Union (AAE). Both encourage the free flow of trade among the member states by significantly reducing tariffs, opening new markets, and promoting regional integration. Furthermore, the country has initiated discussions to liberalize trade with Canada, Mexico, Mercosur, and Taiwan.
4)MEDICAL SERVICES:We all know how important it is to have access to quality and trusted medical services close by. Our Sales representatives will provide you with all the information about available medical services in the area that you are looking to purchase your Dominican Republic home.
5)UNDERSTAND THE VALUE OF THE PROPERTY:As a Canadian or any other buyer from any part of the world , it is important to understand the marketability , value , sold properties in same neighbourhood when you make your decision to purchase a property in Dominican Republic. Our Sales Representatives have the expertise, and we will help you to make a sound decision.
6)COMMUNITY:Either you are looking for a beach front ,mountain view ,love talking to friendly people or street/community BBQ we know Dominican Republic and we can find your dream property based on your needs.
7)TAXES:Please consult with your accountant / tax consultant regarding your country tax laws prior to purchase a property in Dominican Republic.
8)DISTANCE TO AIRPORT:Buying a property at least 30 Min away from the Airport is always recommended as most of us get tired after travelling.
9)BUILDERS/DEVELOPERS:Make sure to do all research on the Builders , such as are they reputable builders, have they completed previous projects, past experience. We can help you to find the answers for you if you decided to buy a property from a builder.
10)SAFETY:Make sure you purchase a property that fist your standard of living and you have the safety that you are looking for. Talk to us about the communities and we can help you to understand the different parts of Dominican Republic.
