Why invest in the Dominican Republic?
Innovation, technology and quality!
The competitive advantages of the Dominican Republic are extremely broad and have allowed the development of solid clusters in a diverse set of industries.
The Dominican Republic is the second largest and most diverse country (after Cuba) in the Caribbean, located just two hours south of Miami, less than four hours from New York, and eight hours from most European cities. The Dominican Republic is known for its warm, hospitable people and for being a destination like no other, with amazing nature, fascinating history and rich culture.
The Dominican Republic Free Zones are a globally recognized network of more than 84 free zone parks intentionally designed to reduce global trade barriers, improve business productivity, and scale specific industry sectors. These are some of the advantages of investing in Dominican Free Zones:
ECONOMIC AND POLITICAL STABILITY – The Dominican Republic is one of the fastest growing economies in Latin America and is recognized for its political and social stability that has contributed to the sustainable development of the country.
Located in the center of the Caribbean, the Dominican Republic has one of the best logistics infrastructures in Latin America, which includes 9 international airports and 13 seaports, with access to the main destinations in the world.
100% exemption from municipal and national taxes.
Great source of talent in the technical and professional areas, undergraduate and graduate.
The Dominican Republic has free trade agreements with more than 40 countries, allowing access to more than 1 billion consumers around the world, including the United States, the European Union, Central America and the Caribbean.
The application, approval and installation process of free zone companies in the Dominican Republic is characterized by being agile and expedited.
80 Companies
There are more than 80 contact center companies in the country, under the free zone regime.
US$200 million
These companies represent a foreign investment greater than US$200 millions.
+14% of direct jobs
Contact centers generate more than 14% of the direct jobs that this sector contributes to the economy, being the second largest employees in free zones.
Main advantages that the Dominican Republic offers for companies and markets that seek to outsource their operations:
- Near-shore advantages such as similar time zone and convenient travel locations.
- High degree of cultural affinity with the US.
- Highly educated and motivated young population.
- Accent neutral English language speakers.
- Diverse capabilities from basic Data Entry to sophisticated BPO and KPO
- Interesting and fun place to visit for client meetings and training.
- Advanced Telecommunication Industry.
- Competitive Pricing.
- Government support and strong industry leadership.
- Mix of local and international centers.
