At the election on 16th May, President Leonel Fernandez was granted four more years to serve the Dominican Republic. Fernandez is credited with restoring macroeconomic stability and a favourable business climate. Being ahead in the polls, his PLD party secured a victory with 53% of the vote. This represents the first re-election in Dominican politics since Joaquin Balaguer was re-elected in 1990.
This continuity will reinforce the recent view that the Dominican Republic is one of the top five places to buy in the Caribbean and will attract new investments on a small and grand scale, such as that recently made by Donald Trump, who is pouring more than $1 billion into resort and residence development on the island. Click Here to read article.
Judith Fox-Hogg, one of the Owners of West Indies Real Estate, met with the President during his last term of office to promote business and investment in the Dominican Republic.