Santo Domingo will be the City with the Highest Economic Growth in Latin America


According to Oxford Economics, in Latin America, the fastest growing city will be Santo Domingo, the capital of the Dominican Republic, which will grow 4.9% annually on average to 2035.


In the report "Which cities will lead the world economy in 2035?", the referred global forecasting consultancy based in the UK also reported that Port-au-Prince will be in fourth place.


Between Santo Domingo and Port-au-Prince, Tegucigalpa and Panama City are located with a second and third place, respectively, according to the analyst Richard Holt who led the report.


This had made this city ideal for real estate investment opportunities. In Santo Domingo, for example, you’ve got a diverse rental pool as units are coveted by both business executives and tourists. If you’re a real estate investor looking for rental cash flow in the Dominican Republic, then I’d advise you to consider Santo Domingo as well. One niche, in particular, that’s experiencing a lot of success here is apartment- or condo-hotels.


Here are a few real estate investment opportunities with anticipated high returns. Click on the images below for more details or request more information at info@islandlifedr.com.








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Land of opportunity

The Dominican Republic is among the best places to buy real estate in 2016, and certain areas in this country are the absolute best places to be shopping for affordable beachfront retirement. In addition, for a CD with a bank in this country to earn as much as 5% for U.S. dollars and double digits on a Dominican Republic peso deposit.

World Bank review

The Dominican Republic has the largest economy of Central America and the Caribbean. The country has weathered the global economic crisis well and in 2010 experienced one of the highest growth rates in the region. The DR remains the most rapid economy in the region in 2014 and 2015, with a GDP hovering at 7 percent.

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The Dominican Republic is fast becoming a popular destination for expats. Each year, more and more people from Europe and the US are lured to this part of Hispaniola by the tropical climate, inexpensive properties and high rates of return on investments. Locals, who are known for their friendliness, curiosity and warm hospitality.

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