Dominican Republic


The Dominican Republic is the sovereign country shearing the famous Hispaniola island with Haiti.

It is the second larger country in the Antilles by area after Cuba and the third by population with more than 10 millions habitants speaking Spanish as official language.

Santo Domingo is the well known capital.

Dominican Republic is the most visited country of all the Caribbean thanks to its climate and the natural diversity. In the recent years, ecotourism has grown significantly bringing excellent progress in energy efficiency and waste recycling.

Tourism together with agriculture contributed to develop the larger economy of the Caribbean which created a significant immigration flow from other Caribbean countries especially from the closed Haiti.

Traditionally, Dominican Republic is not a scuba diving destination, the diving spots are relatively limited not because of poor marine life but mainly because traditionally the tourism industry focused on white beaches, resorts and golf. In addition, underwater current is quite present in all the coast location with few exceptions.

The healthy tourism and large economy influence the real estate market which is located on the higher end within the Caribbean, despite the high choice and quality available.

Obtaining a local residence requires and investment of minimum 200,000$ which should be easily achieved with a real estate investment for tourist purposes.

The type of tourism, the cost of housing which and the limited diving opportunities are all factors which don't really match with our project vision.

In conclusion, Dominican Republic is a beautiful destination in the Caribbean but too distant from our dream and therefore we are not going to consider it as a possible destination.






Location: Baku, Azerbaijan

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