GENERAL INFORMATION
The Dominican Republic occupies a strategic geographic location in the Americas. Its position in the heart of the Caribbean makes it a natural commercial hub between Europe, North America, Central America, and South America.
In 2019, its Gross Domestic Product (GDP) achieved a real cumulative growth of 5.1%, according to data published by the Central Bank of the Dominican Republic.
Its sustained economic growth has made the Dominican Republic an attractive destination for Foreign Direct Investment (FDI), which experienced an extraordinary increase of 48.3% in 2017 compared to the previous year. In 2019, the country received $3.012 billion in FDI.
From January 2010 to September 2020, FDI has totaled $27.419 billion. These investments have benefited from special incentives granted under Law No. 16-95.
The Dominican Republic boasts a skilled and hardworking labor force. The country is renowned for the human quality of its people, its wealth of natural resources, and its captivating cultural diversity. These factors have combined to make the Dominican Republic one of the world’s leading tourist destinations. Each year, more than 6 million visitors come to enjoy our beaches, nature, and rich heritage.
Our aspiration for growth strengthens us as a nation: there is no better time to discover, invest, and do business in the Dominican Republic. Our doors are open!