Tourism & Investment Opportunities

Business Republic Magazine

The legal framework for foreign investment in the Dominican Republic underwent a substantial change, with the enactment of Law 16-95 on Foreign Investment, of November 20, 1995, and its implementing regulations contained in Presidential Decree 380-96, later modified by Presidential Decree 163-97. The incorporation of this new legislation has allowed the Dominican Republic to have a legal framework that offers greater advantages and security to foreign investors. The Dominican Republic has one of the most advanced telecommunications infrastructures in the region, open to foreign direct investment, with macroeconomic and political…

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