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Christopher
Columbus did not discover America, he discovered the
Dominican Republic! In fact, he liked it so much, he
decided to stay. The odd thing is, Europeans have been
coming ever since, but with less than 20% of the tourists
coming from the US, it remains a undiscovered "secret" for
Americans. Are there other beautiful places in the
Caribbean? Sure there are, but not as inexpensive or
offering so much for both the investor and retiree. |
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High tax-free interest on
your US dollar investments, one of the fastest growing
countries & economies, pleasant year-round climate, the
opportunity for a tax free business, and very modern health
care facilities are only a part of the attraction.
Regardless of whether you
want the casual beach lifestyle, the cooler temperatures of
the mountains, or the nightlife of a modern cosmopolitan
capital city, the Dominican Republic has something for
everyone. Located on the second largest island in the
Caribbean, just a short flight from Miami, it also has more
undeveloped and unspoiled beach front property than any
other place you can think of.
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Ask most
Americans about the Dominican Republic, many have not heard
of it. For those that have discovered it while on
vacation, many have decided to call it home. Whether
you are looking for something different ~ like Santo
Domingo's 500 year old Zona Colonial ~ The Left Bank of the
Caribbean, or just a great Caribbean escape at an affordable
price - The Dominican Republic is the Place. Offshore
Investors are also starting to discover the country.
Many are calling it the best investment opportunity of the
new millennium. We could not agree more |
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The lure
of the Dominican Republic is not just about beautiful
beaches, crystal clear water, luxurious tropical breezes and
all of the other things that come to mind when conjuring
images of the Caribbean. In fact, many other places
you can name do in fact offer the same. So, what is so
special about the Dominican Republic? In short, it is
still one of most affordable places for tourists and for
real estate investors alike. Tax free banking,
property taxes so low they are almost non existent, the
ability to live very comfortably on less than $2,000 per
month ~ make the Dominican Republic the undiscovered
paradise.
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Weather & Water
Temperature
Average Water Temperature: Summer - 83o
Winter - 78o
Generally, the temperatures are hot
during the day. Many of the days are a mixture of sun and
clouds, the clouds being a welcome relief from the hot sun.
In the evening you may need a light sweater. The chart
below
shows you the average temperatures for each month. January
is the coldest month, and August is the hottest month. There
is no real rainy season in the DR, it can rain at any time
during the year. Much of the time the rain occurs overnight
or as a brief afternoon shower.
Average Daily Temperature
| oC
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Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
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High
|
26 |
28 |
27 |
28 |
28 |
29 |
29 |
29 |
29 |
28 |
28 |
26 |
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Low |
18 |
18 |
19 |
19 |
20 |
22 |
22 |
23 |
22 |
22 |
20 |
18 |
These temperatures are in Celsius
Average High is
87o
in Fahrenheit
Average Low is
73o
in Fahrenheit
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Government
Government type:
representative democracy
Capital: Santo Domingo
Administrative divisions: 29 provinces and 1 district
Independence: 27 February 1844 (from Haiti)
National holiday: Independence Day, 27 February (1844)
Constitution: 28 November 1966
Legal system: based on French civil codes
Suffrage: 18 years of age, universal and compulsory;
married persons regardless of age
note: members of the armed forces and police cannot
vote
Executive branch:
Chief of state: President Leonel Fernandez note
- the president is both the chief of state and head of
government
Vice President: Rafael Alburquerque
Legislative branch: bicameral National Congress or
Congreso Nacional consists of the Senate or Senado (30
seats; members are elected by popular vote to serve
four-year terms) and the Chamber of Deputies or Camara de
Diputados (149 seats; members are elected by popular vote to
serve four-year terms)
Judicial branch: Supreme Court or Corte Suprema (judges
are elected by a Council made up of members of the
legislative and executive branches with the president
presiding)
Political parties and leaders: Dominican Liberation
Party or PLD [Leonel FERNANDEZ Reyna]; Dominican
Revolutionary Party or PRD [Hatuey DE CAMPS]; Social
Christian Reformist Party or PRSC [Eduardo ESTRELLA] |
Transportation
Railways: total: 1,503 km
Highways: total: 12,600 km paved: 6,224 km unpaved:
6,376 km (1999)
Waterways: none
Pipelines: crude oil 96 km; petroleum products 8 km
Ports and harbors: Barahona, La Romana, Manzanillo,
Puerto Plata, San Pedro de Macoris, Santo Domingo
Major Airports
Santo Domingo - Las Américas International Airport
La Romana - La Romana International
Puerto Plata - Puerto Plata International
Punta Cana - Punta Cana International
Barahona - María Montez International Airport
Military
Military branches: Army, Navy, Air Force, National Police
Military manpower - military age: 18 years of age
Military expenditures - dollar figure: $180 million
(FY98)
Driving, Safety and
Road Conditions
Driving in the Dominican
Republic is on the right side of the road. Speed limits vary
from 28 mph in the city to 48 mph on rural roads, but they
are generally not enforced. Traffic laws are similar to
those in the United States, but undisciplined driving is
common, due to a lack of adequate traffic controls.
A local
traffic custom is that the larger the vehicle, the greater
the right of way, regardless of the traffic laws. Driving is
aggressive and erratic, and drivers often do not yield the
right of way even when road signs or signals indicate they
should. Defensive driving is advised at all times. Travel at
night on inter-city highways and in rural areas should be
avoided, due to vehicles being driven at excessive speeds,
often with malfunctioning headlights or taillights. Turning
right on red lights is permitted, but it should be done with
caution.
Motorcycles and motor scooters are
common in the Dominican Republic and are often driven
erratically. While helmets for motorcyclists are required by
law, the law is not enforced.
Seat belts are required by law, but that
law is also not generally enforced. There are no child car
seat laws. Penalties for those driving under the influence
and those involved in accidents resulting in injury or death
can be severe. There are a variety of options for inter-city
travel in addition to travel by car. Inter-city travel by
tourists is safest on one of the more reputable tourist bus
companies. Local buses known as "guaguas" and taxis also
offer transportation but are not generally as safe. |
Entry and Exit Requirements
For Canadian and U.S. citizens, a valid passport, or a birth
certificate, Certificate of Naturalization or Certificate of
Citizenship, along with photo identification, are required
for both entry and exit. All tourists must purchase a
visa/tourist card at a cost of $10.00 U.S. to enter the
Dominican Republic. Canadian travelers are provided with
this visa/tourist card before leaving Canada. Visitors who
do not obtain a visa/tourist card prior to entry must
purchase one at the airport when they arrive in the
Dominican Republic.
There is a departure tax of $20.00 U.S. per person. Canadian
or other foreign currencies are not accepted for the
departure tax.
When children travel to the Dominican Republic with only one
parent, or with non-parents, they do not require any special
letter of authorization, as long as they leave the DR with
the same people they arrived with. (Note that it had
previously been indicated that minors traveling with only
one parent or non-parents had to have a letter of
authorization legalized by the Dominican Consulate. This in
fact pertains only to Dominican minors under 18, not to
foreign travelers.) I would suggest it is probably a good
idea to get something in writing signed by the parent(s)
just in case there are any questions.
Children should have their own passport when traveling alone
or with non-parents. Birth certificates are only acceptable
when traveling with one or both parents and a child is under
13. Children over 13 need a student card along with the
birth certificate as photo ID, or a passport.
Note: If a minor child is not leaving the Dominican Republic
with the same people they arrived with, the parents or legal
guardians must provide to the new companion, a letter of
consent, legalized at the nearest Dominican Republic
Consulate to the parents' residence.
If any further clarification is needed, please contact your
nearest Dominican Consulate. You should also verify to see
if there are any other requirements of the airline in order
to board from your country of origin
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