The Dominican Republic is undeniably an impoverished country, a fact that is not so obvious at first glance. About 40% of the population lives below the poverty line, and about 10% are jobless. As strange as it sounds, that fact doesn’t stand in the way of some of the wealthiest yacht owners in the world being attracted to this country. Weird, right? – Not quite so.
First, the Dominicans live off tourism. This industry is not the only source of income, but it prevails. Dominicans put their money on elite entertainment and they hit the jackpot: these days the country is visited not by poor people by far. Second, the republic is located in a favorable place. The Caribbean has always attracted tourists, thanks to the mild climate and relatively calm sea, and the islands have become a favorite region for world yachters. The docks in Dominicana are in good condition and the service top shelf. Prices are also modest, a fact of insignificance to the basic superyacht owner who frequent this area all year around.
Yacht sales in the Dominican Republic are just the “tip of the iceberg”. More often, you will happen upon offers for chartering services. Understandably so: a good amount of people would love to cruise around the Caribbean. Sailboats, motor yachts, and a large amount of luxury vessels are available to choose from. In order to buy a yacht in the Dominican Republic and to get an array of choices at the same time, you will need to get your timing right. Every year, several boating events are held, among them the traditional festivals and regattas, a real vanity fair for the experienced boaters.
If you are planning to sell your yacht in this region, undoubtedly the Dominican Republic will suit you greatly. Here, you will find a buyer for even the most expensive of yachts. All you need to do is prepare for the tourist season, a time of year when Haiti experiences spells of vacationers from the US and Europe. You will profit more so from chartering or renting your own vessel, but in this case, you will need the help of real professionals qualified to care for your vessel in this process.
