3 . Isla Margarita
# LIVETHELIFE > YOUR NEXT MOVE ... TIM HOUGHTEN
frontiers being embraced by forward thinking investors , developers , and funds from Europe and the U . S .
Here brand new developments like Central Suites in the trendy southwest section of Santo Domingo offer turnkey condo deals with projected yields of around 8 % to 10 % per year , starting from less than $ 89,000 USD .
3 . Isla Margarita
This secret island in the Caribbean offers interesting opportunities for adventurous investors . Officially part of Venezuela , Margarita Island boasts beautiful beaches , beautiful people , and tax free shopping . Margarita become hot when the rest of the planet went cold in the 2008 crisis . Investors from Europe and the U . S . found it delivered amazing value in new resort style condos , townhomes , and single family homes with private pools , overlooking the ocean . Now that the U . S . is back in Venezuela negotiating diplomacy and oil prices have edged up , this could be a great time to seize on deals . 4 . Santo Domingo
It ’ s a city famous for performance arts , historic architecture , is just a two hour flight from South Florida and three and a half hours from New York , and is undergoing a significant revitalization with talented young professional millennials driving demand for new modern apartments .
What few may not know is that there are no annual property taxes on lower priced properties here , and the residency and second passport program is one of the easiest to qualify for in the world . You can even use your rental property income in the U . S . to qualify .
Discover the DR . Capital of the Domincan Republic , Santo Domingo has been dubbed the new ‘ Brickell ’, in reference to Miami ’ s trendy business district sporting luxury condos . Yahoo ! Finance paints this cosmopolitan city as one of the most exciting new