All about the Dominican Republic

The Dominican Republic offers an increasingly rare opportunity for real estate investment. Reckoned to be one of the last great investment opportunities in the Caribbean, the government has purposely set out to attract upmarket tourism by offering great tax incentives as well as spending millions implementing a modern infrastructure. The Caribbean Highway now under construction, will provide easy access along the coast.

Located in the West Indies, the Dominican Republic occupies the eastern two-thirds of the island of Hispaniola, which it shares with Haiti.

Whether you're looking to party, relax or explore, the Dominican Republic has a lot to offer. The list of things to do is simply endless. Most of it's tourist destinations offer an incredible variety of restaurants and nightlife with the larger Dominican cities hosting different events and festivals all year round. You can shop for souvenirs, participate in action sports, take sight-seeing tours or even get married!

The brilliant white-sand beaches, impressive mountain ranges veined with spectacular rivers and waterfalls and the saltwater lakes teeming with exotic wildlife are just part of the appeal of this magnificent country.

Buying property in the Dominican Republic has never been easier. In 1998, President Leonel Fernandez presented a decree eliminating restrictions to real estate ownership by foreigners, thus recognising that the former law was a barrier for foreign investment. Prior to this new decree, a real estate purchase by a foreigner was a lengthy procedure, had to be processed by local attorneys and required special authorisation. Under the new legislations, real estate investors will enjoy the same rights as Dominicans.

Dominican Republic Golf Information
A host of new golf courses, designed by leading golf course architects, are set to open in the Dominican Republic in 2006.

The Caribbean island already boasts 21 golf courses, including several by the renowned Dye family, such as Teeth of the Dog at Casa de Campo by Pete Dye and La Cana at Punta Cana by his son P.B Dye. In 2006, a further five golf course are set to open in the Dominican Republic, making it a leading destination for golf holidays.

Britain's Nick Faldo has designed a course at the Roco Ki Resort, while South Africa's Nick Price is behind the Punta Blanca course, set along the white sandy beaches of the Punta Cana/Bavaro coast.

Jack Nicklaus has designed the Punta Espada course at the new Cap Cana complex, while Arnold Palmer and Tom Fazio are behind two further courses.

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