Since the COVID-19 pandemic, the Dominican Republic has experienced a steady increase in the number of visitors, reaching more than 11 million in the last year. This increase represents a 32% more than in 2022 and a notable 48% compared to 2019.
Punta Cana International Airport was the main entry point, receiving almost 5 million of tourists in 2024, which is equivalent to 59% of visitors who arrived in the country by air. Projections indicate that this figure could increase by 8% in 2025.
Precisely for this reason, Larimar City & Resort is located 15 minutes from the airport, via the new access road, which will be completed before the first phase of the Otra Banda Tourist Boulevard is completed.
This growth in tourism has boosted, among other sectors, the real estate market, which has boomed since COVID-19, both for permanent residences and vacation rentals.
Can you imagine waking up every day to a panoramic view of the Caribbean, enjoying the perfect climate, and having every comfort at your fingertips? That's exactly what awaits you at Larimar City & Resort, the ideal destination for those seeking a secure investment and an unparalleled quality of life.
Evolution and scope
According to Properstar
According to data from Properstar, from December 2020 to January 2025, the average price per square meter in apartments has increased by almost 30%, reaching the $2,145 per square meterIn the case of villas and independent houses, the revaluation has been close to 20%, standing at $1,635 per square meterThis means that investing now in Larimar City & Resort not only ensures your future, but also increases the value of your investment in the short and medium term.
Among the reasons for this boom in the Caribbean island are the climate, legal protection, laws that favor foreign investment (CONFOTUR), and a phenomenon that I will discuss, which are the pensioners or as they are now called, the GOLDEN AGE.
Demographic issues, such as the inverted population pyramids in many countries, have made the Dominican Republic a preferred destination for this population group. Key factors attracting American and Canadian retirees are the favorable climate, lower cost of living, easy access to housing, and geographic proximity. The average pension in the U.S. is $1,976, which makes it difficult to maintain the same lifestyle they had during their active life.
For this reason, the Dominican government, in its policy of attracting foreign capital, facilitates residence (RESIDENCE AS AN RENTER)1 to all those foreigners who can prove a monthly income of 2.000$, either (PERMANENT RESIDENCE AS AN INVESTOR)2 to all foreigners who make investments for a minimum amount of 200.000$, (RESIDENCE BY INVESTMENT AS A RETIREE OR PENSIONER)3 To all foreigners who can prove a pension of at least $1.500 per month or its equivalent in Dominican pesos.
UNITED STATES POSITIONS
Now we will look at two countries in particular to understand this phenomenon.
United States, with a population of 341.513.900[1] of inhabitants, it is expected that from 2025 to 2030, they will turn 65 years old 25.852.570 people, or what is the same, every day a little more than 65 years will turn XNUMX 14.000 Americans. The year 2024 marked the beginning of the “Peak 65 Zone“, the largest increase in retirement-age Americans turning 65 in U.S. history.
Canada,
with a population of 41.528.680[1] inhabitants, It is expected that from 2025 to 2030, they will turn 65 years old 2.800.0002 Canadians, or what is the same, every day they will turn 65 a little more than 1.500 Canadians.
https://www.statcan.gc.ca/en/start2
These numbers suggest that the risk of a real estate bubble is decreasing, as there is increased external demand with higher purchasing power, while supply is adapting to the needs of foreigners. Therefore, real estate market prices will continue to rise.
This means that 28.6 million people will be looking for their next home in the next five years. Why not get ahead and secure your property now?
This is the perfect time to be part of Larimar City & Resort. A place where your dreams rest by your side.
Invest now and secure your future in paradise
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By Luis Velázquez Moreno,
Account executive
Larimar City & Resort