January 19, 2017 by Lief Simon
World’s #1 Place To Go Offshore
The Dominican Republic first came onto my radar in 2005. It was the country’s undervalued beachfront property that got my attention back then.
I was among the first to shine the light on the DR for American property investors, but its miles and miles of soft-sand beaches had been attracting foreign tourists and European investors for decades before that. The French, especially, have been moving to and investing in the Dominican Republic for generations.
Today I want to focus your attention on the Dominican Republic in a bigger-picture way.
Now that I’ve gotten to know it as well as I have, I believe this island nation is as close to perfect as an offshore destination gets. It checks nearly every box on my flag-planting list.
I’d go so far as to describe it as the world’s best offshore haven.
For the past three years the Dominican Republic’s economy has been the fastest growing in the Americas. The country enjoyed growth rates of 7% per year in 2014 and again in 2015, of 6.3% in 2016, and is on track for that or better this year, thanks largely to millions of tourism dollars from North American and European travelers flocking to those sandy beaches I mentioned in growing numbers.
Alongside economic growth, the country’s recently re-elected President Danilo Medina has made
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