Santo Domingo... ~ The Dominican Republic has surpassed all other Caribbean countries in the number of tourist arrivals in 2007, according to the most recent figures from the Caribbean Tourism Organization (CTO)...
The Dominican Republic has surpassed all other Caribbean countries in the number of tourist arrivals in 2007, according to the most recent figures from the Caribbean Tourism Organization (CTO)
From January through October of 2007, more than 3 million travelers have made the trek to the D.R.'s delightful white sand shores, far more than any other Caribbean destination. This figure does not include the thousands of travelers who cruised to this tropical paradise on the island of Hispaniola.
As the Dominican Republic continues to grow as a popular destination, its lineup of tourism offerings expands, with the addition of upscale boutique hotels, more of its ever-so-popular all-inclusive resorts, and championship golf courses. But as the sun sets, appearing to sink into the depths of the calm Caribbean Sea, the search for nightlife is on.
Casino Dominicus, the newest luxury, high-stakes casino in the D.R., is located just 13 miles from the La Romana/Casa de Campo International Airport, and is true Las Vegas style gambling. High rollers and bold casual players can both enjoy this high-energy casino, which has the highest gambling limits in the nation.
DR becomes retiree paradise
With the approval and publication of Law 171-07 on Foreign Retirees, the Dominican Republic has become a paradise for people planning to retire to an idyllic setting. Fast-tracked residency paperwork (45 days), duty-free household goods, reductions on motor vehicle taxes, exemption on transfer taxes for the first purchase of real estate, 50% reduction on taxes on mortgages, 50% reduction on the annual property tax, exemption on taxes on dividends and interest, 50% reduction on capital gains are just some of the attractions. Developers are very happy with the new law. Just ask Jose Luis Asilis, the president of the Metro Group, who pointed out the need to publicize the news overseas. Asilis told a meeting organized by Listin Diario that Europeans can "live like kings on a fraction of what they receive in pensions."
The minimum monthly income required is US$1,500 US for retirees with a government or private pension and US$2,000 in verified income from all others.
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